Coinkite, a provider of cold storage solutions, has issued a warning to users of the Coldcard Mk3 device after reports emerged of 594 Bitcoin being stolen from compromised devices. The company recommends that Mk3 users create a strong, unique BIP-39 passphrase on the device and move funds to the resulting wallet to mitigate potential risks. This precautionary measure aims to protect user funds from unauthorized access.
Source
"Coinkite Warns Users of Coldcard Mk3 Security Risk" — The Block
This article is Bitcoincryptos' summary and analysis of reporting originally published by The Block. Read the full original report at the link above.
