SShortSingh.
Back to feed

Coldcard releases new firmware after $114M Bitcoin theft, credits AI in bug review

0
·53 views

Hardware wallet maker Coldcard has shipped a new firmware update following a security breach that resulted in $114 million in Bitcoin losses for users. The company conducted a three-week review process before releasing the update, during which artificial intelligence tools helped identify additional bugs unrelated to the original vulnerability. The newly discovered flaws were separate from the flaw that triggered the initial theft. However, Coldcard has cautioned users that installing the update does not automatically secure a wallet that has already been compromised.

Read the full story at CoinDesk

This is an AI-generated summary. ShortSingh links to the original source for the complete article.

Discussion (0)

Log in to join the discussion and vote.

Log in

Related stories

0
Crypto & Web3CoinDesk ·

Brooklyn prosecutors and FBI dismantle crypto fraud ring targeting Russian speakers

Brooklyn prosecutors and the FBI have taken down a large cryptocurrency fraud network that focused on Russian-speaking victims. According to the allegations, the operation drew people in through Russian-language Facebook advertisements and posed as financial advisers. The scheme is said to have stolen tens of millions of dollars from its targets. Victims were then approached a second time with false offers to recover their lost funds.