Coldcard Releases Critical Firmware Update After $114M BTC Theft, Leverages AI Bug Detection

Coldcard, a leading hardware wallet manufacturer, has shipped a critical firmware update following the recent theft of $114 million in Bitcoin (BTC). The company stated that the new firmware addresses vulnerabilities and that its AI-powered testing tools helped identify and fix more bugs than traditional methods. The update aims to enhance the security of cold storage solutions for BTC holders, reinforcing Coldcard's commitment to protecting user funds against sophisticated cyber threats. This proactive measure comes amid rising concerns over the security of digital assets, with the company emphasizing that AI-assisted code review is now a key part of its development pipeline to prevent future exploits.