Coldcard hardware wallet maker Coinkite declines to estimate losses from a software exploit estimated at $130M in stolen cryptocurrency.
Security & Exploits ·
A software flaw in Coldcard, the hardware wallet made by Coinkite, has been exploited to steal cryptocurrency from users, with losses estimated at around $130 million. Coinkite has declined to speculate on the precise amount lost through the vulnerability.
The company said it will publish a post-mortem analysis once its investigation concludes, though no timeline for that disclosure has been announced. The nature of the software flaw and the specific mechanics of how funds were accessed remain under review as part of the ongoing investigation.
It is not yet clear when Coinkite will complete its technical assessment, what remediation steps have been deployed, or whether the vulnerability has been fully patched. The scope of affected users and whether any funds have been recovered are also unknown at this stage.