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The Economic Times
The Economic Times
Technology

RARE PHOTOS: Hackers hit bitcoins safest hiding place in ongoing attack | Rare Historical Photos

Hackers have found a software flaw in a brand of “cold” Bitcoin wallet, considered one of the safest places to store cryptocurrency and are siphoning tens of millions of dollars in an ongoing attack.

Late last week, Canada-based Coinkite Inc. notified users of its Coldcard devices that a security flaw in the keys that protect their Bitcoin had compromised some wallets. By Monday, roughly 1,367 of the tokens worth some $86 million had been drained from more than 4,500 wallets, according to Galaxy Research.

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