THORChain Hack Exposes Coldcard Security Vulnerability

A recent data report has revealed that hackers have started exchanging stolen funds through the THORChain platform, specifically targeting Ethereum (ETH). Approximately 10% of the stolen Bitcoin (BTC) has been transferred to unknown wallets.

The hack, which appears to be connected to the Coldcard wallet, has raised concerns about the security of cryptocurrency storage solutions. The exact amount of funds stolen is not specified in the report.

The incident highlights the ongoing risks associated with cryptocurrency hacking and the importance of robust security measures for wallet providers and users alike.