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Bitcoin hardware wallet maker destroys some inventory after more than $88 million stolen

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Image: The Record
Summary

A popular Bitcoin hardware wallet manufacturer, Coinkite, destroyed its remaining inventory after a firmware vulnerability was exploited, leading to the theft of over $88 million in Bitcoin. The vulnerability, discovered in March 2021, allowed hackers to target high-value wallets, and the company has released a patched firmware and halted shipments of affected devices.

Read the full article at The Record

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