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Coldcard Ships New Firmware After Bitcoin Theft, Adds AI-Assisted Bug Hunting

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Coinkite has shipped new firmware for its Coldcard hardware wallet following a bitcoin theft, according to CoinDesk and Decrypt. CoinDesk put the loss at Coldcard ships firmware after $114 million bitcoin theft; says AI helped catch more bugs.CoinDesk · · read it at the source, while Decrypt reported the exploit at Coldcard Adds New Security Measures After $130 Million Bitcoin Exploit.Decrypt · · read it at the source.

The updated firmware requires users to supply their own randomness when generating wallet seeds, according to Decrypt. The change follows a three-week security review that turned up additional issues beyond the original exploit, Decrypt reported.

CoinDesk reported that Coinkite used AI assistance during its review process, which the company said helped uncover more bugs than a manual audit alone.

Coldcard is a popular hardware wallet used to store bitcoin offline. The size of the reported theft — whether $114 million or $130 million — makes it one of the largest incidents tied to a hardware wallet to date, though neither outlet provided further detail on how the funds were taken.

Sources: CoinDesk, Decrypt

This article is for information only and is not financial advice.

Story so far 2 updates

  1. flashColdcard releases firmware after nine-figure bitcoin theft; AI reviewed code for additional vulnerabilities
  2. storyColdcard Ships New Firmware After Bitcoin Theft, Adds AI-Assisted Bug Hunting
Tags: Coldcard, Coinkite, Bitcoin, HardwareWallet, Security

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