{
  "id": 165278,
  "title": "Hacked Bitcoin wallet maker Coldcard warns of AI failure to detect bug",
  "url": "https://urgent.news/2026/08/05/hacked-bitcoin-wallet-maker-coldcard-warns-of-ai-failure-to-detect-bug",
  "topic": "ai",
  "section": "AI",
  "published": "2026-08-05T06:05:00.000Z",
  "source": {
    "name": "Straits Times Business",
    "slug": "straits-times-business",
    "url": "https://www.straitstimes.com/business/invest/hacked-bitcoin-wallet-maker-warns-of-ai-failure-to-detect-bug"
  },
  "original_language": "en",
  "account": "Coinkite, the manufacturer of stolen Bitcoin wallets, has disclosed that artificial intelligence failed to identify the software vulnerability exploited in the attack, which is estimated to have cost users US$130 million. The Canadian-based company has urged other firms to conduct thorough reviews of their AI-assisted security measures. The Coldcard hack has spotlighted the risks associated with self-custody, a core tenet of cryptocurrency, and raised concerns about the trustworthiness of the digital asset ecosystem.",
  "summary": "Firms using AI to monitor security-critical code should undertake immediate reviews, Coinkite said.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Financial Post",
        "title": "Hacked Bitcoin Wallet Maker Warns of AI Failure to Detect Bug",
        "url": "https://urgent.news/2026/08/05/hacked-bitcoin-wallet-maker-warns-of-ai-failure-to-detect-bug",
        "published": "2026-08-05T05:06:24.000Z"
      },
      {
        "outlet": "Moneyweb",
        "title": "Hacked bitcoin wallet maker warns AI failed to detect bug",
        "url": "https://urgent.news/2026/08/05/hacked-bitcoin-wallet-maker-warns-ai-failed-to-detect-bug",
        "published": "2026-08-05T11:00:55.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}