Bitcoin Wallet Flaw Leads to $38M Drain, AI Suspected in Vulnerability Discovery
Bitcoin Wallet Flaw Leads to $38M Drain, AI Suspected in Vulnerability Discovery
A critical flaw in Coinkite's Coldcard hardware wallet firmware has potentially allowed attackers to drain an estimated $38 million in Bitcoin. The manufacturer suggests that artificial intelligence may have been used to discover the vulnerability by reviewing previous open-source versions of the firmware.
Coldcard Hardware Wallet Vulnerability Exploited, $38M in Bitcoin Lost
According to reports from decrypt, a significant security incident has impacted users of Coinkite's Coldcard hardware wallet. A vulnerability within the device's firmware has led to approximately $38 million worth of Bitcoin being drained from affected wallets. Coinkite, the maker of Coldcard, speculates that the sophisticated nature of the attack points towards the use of artificial intelligence. It is believed that an AI system may have been employed to analyze earlier iterations of the open-source firmware, thereby pinpointing the crucial flaw that enabled the exploitation.