$120M Coldcard Hack Exposes Bitcoin Memory Pool Vulnerability

A recent hack of the Coldcard Bitcoin hardware wallet has shed light on the cryptocurrency's memory pool, leaving experts to wonder about the security implications.

The $120 million heist occurred when an attacker exploited a vulnerability in the wallet's software, allowing them to steal funds from users who had not updated their wallets with the latest security patches.

Coldcard has acknowledged the breach and is working to secure its systems and protect user assets. The incident highlights the importance of regular updates and maintenance for cryptocurrency wallets and exchanges.