Cybersecurity
Manufacturer destroys bitcoin wallet stock after theft
Coinkite has destroyed part of its stock following the theft of cryptocurrency due to a vulnerability.
Coinkite, the Canadian company behind the hardware bitcoin wallet Coldcard, has destroyed part of its stock following a major theft. This came after reports that criminals stole $128 million in cryptocurrency through a vulnerability in the wallet.
According to various sources, the damage from this theft amounts to $128 million. The exploitation of this vulnerability has led to serious security concerns within the digital currency sector.