Coldcard issues Mk3 warning as experts examine $38M Bitcoin wallet drain
CoinTelegraph·
60-second summary
Coinkite is warning Coldcard Mk3 users to migrate funds due to a potential seed-generation risk, prompting security experts to investigate an unexplained $38 million Bitcoin wallet drain. Experts are examining the wallet drain to determine its cause and potential impact, as the incident raises concerns about the security of Coldcard Mk3 users' funds and the overall Bitcoin ecosystem.
Coinkite urged Coldcard Mk3 users to migrate funds after identifying a potential seed-generation risk, as Bitcoin security experts separately examine an unexplained $38 million wallet drain.