Coldcard, the manufacturer of cold storage bitcoin wallets, has issued an urgent warning to its users. The company's statement comes after a significant security breach that resulted in roughly $114 million in losses. This amount is said to be held on specific models and firmware versions still affected by the exploit.
This article is Bitcoincryptos' summary and analysis of reporting originally published by CoinDesk. Read the full original report at the link above.
Coldcard emphasized that the vulnerability remains live, leaving these wallet owners exposed to potential further attacks. Users are advised to transfer their bitcoin holdings to secure addresses as soon as possible.