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Hackers steal over $130M by exploiting bug in offline hardware wallets

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Hackers steal over $130M by exploiting bug in offline hardware wallets

A security vulnerability in the Coldcard cryptocurrency hardware wallet has enabled attackers to steal funds from affected users, resulting in confirmed losses exceeding $130 million according to blockchain monitoring analysis. The flaw allows unauthorized access to wallet contents, putting crypto holdings at direct risk.

Why it matters: Cryptocurrency users relying on Coldcard for secure storage face immediate financial exposure; practitioners managing crypto assets or advising clients should assess whether they are affected and require patching or wallet migration.

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