negativeSYS.SOURCE: TechCrunch• 2026-08-04T16:27:59Z

Major Cryptocurrency Heist: Hackers Exploit Vulnerability in Coldcard Hardware Wallets

#cryptocurrency #vulnerability #hardware #security #cybercrime

Hackers exploited a vulnerability in Coldcard hardware wallets, enabling them to steal over $130 million by generating predictable seed phrases. The flaw allowed attackers to bypass the security of offline storage, undermining the trust in cold wallets.

A security vulnerability in the cryptocurrency hardware wallet Coldcard is allowing hackers to drain the crypto from victims’ wallets. The total losses amount to more than $130 million, according to blockchain-monitoring firms.

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