$38M Lost as AI-Driven Exploit Targets Coldcard Wallets

Coldcard wallet users lost approximately $38 million in Bitcoin due to a key flaw in their hardware wallets.

A vulnerability that allowed for private key extraction was discovered, and its maker attributed the exploit to AI discovery. The incident highlights growing security flaws in Bitcoin hardware wallets since 2017.

The Coldcard wallet's maker stated that the exploit was a result of an AI-driven discovery amid growing security concerns in the industry.