Coldcard, a hardware Bitcoin wallet provider, has issued a warning to its Mk3 users regarding a potential security risk. Coinkite, the company behind the wallet, recommends that affected users migrate their funds as soon as possible.
Source
"Coldcard Issues Warning Amid $38 Million Wallet Drain" — Cointelegraph
This article is Bitcoincryptos' summary and analysis of reporting originally published by Cointelegraph. Read the full original report at the link above.
The warning comes amidst an ongoing investigation into an unexplained drain of approximately $38 million from a Coldcard-held Bitcoin wallet. Security experts are working to determine the cause of the unusual transaction.
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