Bitcoin Heist: Hackers Swipe Over $100 Million from Secure Accounts
Hackers have made off with over $100 million worth of Bitcoin from thousands of supposedly secure accounts in recent days, sparking concern among investors.
The heist appears to be linked to a software flaw in Coinkite Inc.'s 'cold' Bitcoin wallets, which are designed to provide an extra layer of security through physical hardware and private passwords.
Cold wallets are intended to be more secure than traditional hot wallets, but it seems this particular vulnerability has allowed hackers to bypass the added protection.
The incident is just the latest in a string of high-profile hacks targeting Bitcoin investors, who have been repeatedly preyed upon by thieves in the sector.