NewsNovo
Reports of 594 $BTC in stolen funds have surfaced alongside a formal warning from Coinkite, the maker of the Coldcard hardware wallet, directed at users of its Mk3 model.
The company says funds may be at risk and has issued a specific remediation step: generate a strong, unique BIP-39 passphrase on the Mk3 device and transfer holdings to the wallet that passphrase creates.
What the warning requires Coinkite's guidance is narrow and action-oriented. Create a strong, unique BIP-39 passphrase. Move funds to the resulting wallet.
What the company has not specified, at least per the available disclosure, is the precise vulnerability or failure mode that produced the reported losses.
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