A significant attack on Coldcard wallets has resulted in substantial Bitcoin losses. The incident is reported to have drained up to $89 million in Bitcoin from over 1,200 addresses. Security researchers have identified a potential software flaw that may have enabled the theft.

It is believed that roughly $70 million worth of bitcoin was stolen in under an hour. Further information on the attack and its implications can be found through FOX 4 News Dallas-Fort Worth, which has more details on the incident and what is currently known about the security vulnerability that may have led to the theft.