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Bitcoin Heist Exposed Through Coldcard Glitch | Texas News

Bitcoin Heist Exposed Through Coldcard Glitch | Texas News

Published 5 days, 12 hours ago
Description

A massive $89 million Bitcoin heist may have been pulled off via a critical software glitch in Coldcard wallets—hackers exploited a coding flaw to guess recovery phrases, bypassing physical access. Coinkite has released a fix for new wallets, but users with old recovery phrases must generate fresh ones and move funds immediately. CEO apologizes, urges swift action, and is collaborating with authorities as the crypto community scrambles to secure assets.

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