Coldcard Security Alert: Move Your Bitcoin Now

The team behind Coldcard is urging all users to transfer their funds to a different wallet immediately. This urgent warning follows a security flaw that has resulted in approximately 114 million dollars worth of Bitcoin being stolen. The company confirmed that the exploit is still active for certain models and firmware versions.

Security researchers identified that the issue leaves user funds exposed if they are using vulnerable hardware configurations. Because the flaw is currently being targeted, the risk of loss is high for anyone who has not updated or migrated their assets. Coldcard has not provided a timeline for a fix, making an immediate transfer the safest choice for those holding large amounts of Bitcoin.

Traders and long term holders should check their specific firmware version against the official manufacturer alerts. If you own a Coldcard, do not wait for further updates. Moving your holdings to a secure alternative is the only way to ensure your keys remain safe while the company works to address the ongoing threat.