$100M in Bitcoin Stolen from 'Cold Storage' Devices

Bitcoin worth over $100 million has been allegedly stolen by hackers targeting devices called hardware wallets. These 'cold storage' devices were designed to keep funds secure by storing passwords on a physical device instead of online.

The theft is linked to an ongoing hacking incident known as the Coldcard hack, which has affected multiple companies and individuals.

Hardware wallets are marketed as secure storage for cryptocurrencies like Bitcoin. However, hackers have found ways to exploit vulnerabilities in these devices to steal funds.