US-based hardware wallet manufacturer Coldcard has issued a warning to its users, urging them to 'carefully move their funds' due to a growing exploit. The company's alert comes as the total amount of money stolen is reportedly nearing $130 million and still rising. This significant loss is attributed to an exploit that took advantage of a vulnerability in the Bitcoin network.
This article is Bitcoincryptos' summary and analysis of reporting originally published by CryptoPotato. Read the full original report at the link above.
The exact nature and origin of the exploit remain unclear, but its impact on users' funds has been substantial. Coldcard's prompt action aims to mitigate further losses as more information about the hack becomes available.
