This is why I use @River for both my personal and business needs.Not sponsored, but I certainly wish I was.If you were impacted by the Coldcard exploit, or would like a new home for your stack for peace of mind, use River. ...

🚨 ALERT: Chainalysis analysis indicates the $38M+ Coldcard hack targeted high-value wallets first, with roughly $30 million stolen in the first 10 minutes before 500 wallets were drained over 25 minutes. https://t.co/aZhfFnjAo8 ...

RT JuanGalt.com (@JuanSGalt)Coinkite Releases Fixed Firmware After Coldcard Bug; AI Likely Involved In The Breachhttps://t.co/5fzlYaNHMn via @bitcoinmagazine ...

Security Incidents and Financial Impact - Cryptocurrency hardware wallet Coldcard suffered a major security breach resulting in the theft of over 594 bitcoins valued at 38 million dollars [1] Industry Risks and Technology Trends - Artificial intelligence models were utilized to discover the security vulnerability leading to the hardware wallet exploit [1] - The cryptocurrency hardware wallet manufacturing sector faces severe reputation damage and heightened concerns over device security [1]

Coldcard losses pass $70M as Coinkite expands warning to newer devicesThe Coldcard (@COLDCARDwallet) exploit has grown far beyond first estimates, with over 1,080 bitcoin:native worth more than $70M drained from nearly 1,200 wallets, per Galaxy Research and engineers at Block.@Coinkite confirmed the cause: a 2021 firmware bug that swapped the hardware random number generator for a weak software fallback, leaving seeds open to brute force. Affected: Mk3 on 4.0.1–4.1.9, Mk4/Mk5 below 5.6.0, and Q below 1.5.0Q ...

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🚨UPDATE: Coldcard says an RNG flaw may have weakened seeds generated on affected Mk3, Mk4, Mk5 and Q firmware.Users should update, generate a new seed and migrate funds.Cointelegraph (@Cointelegraph):🚨 UPDATE: Block's Max Guise says the team traced the Coldcard wallet drains to a random-number-generation flaw affecting Mk2 through Mk5 devices.Affected users are urged to move funds to a new, unaffected wallet as soon as safely possible. https://t.co/AJScM1pVr2 ...

Coldcard's reported seed flaw exposes the limit of air-gapped custody: an offline setup can't save a predictable seed. Protos puts the drain at 500 wallets and $38m in BTC in 25 minutes. Affected users need a careful move to a fresh seed generated with independent entropy. ...

Security Risks and Incidents - Coldcard hardware wallet firmware vulnerability resulted in $38 million (38 million USD) in Bitcoin being drained [1] Industry Trends and Technology - Coinkite stated that attackers likely utilized artificial intelligence (AI) to review previous versions of open-source firmware to uncover vulnerabilities [1]

₿REAKING: More than 594 bitcoin worth $38 million was stolen today from Bitcoin hardware wallet ‘Coldcard’ users due to a security vulnerability discovered by new AI models. ...