🔓Coldcard $BTC Hack Shows Why Even Hardware Wallets Aren't Untouchable The Coldcard security breach has now resulted in an estimated $130 million in stolen Bitcoin, making it one of the largest hardware wallet incidents the crypto industry has seen. What happened, in numbers: ~$130M in BTC stolen 🥲 ~$70M drained within the first 41 minutes ~1,755 BTC taken from thousands of wallets 😞 The attackers exploited a flaw in Coldcard's seed phrase generation, allowing them to predict recovery phrases created on affected devices and systematically empty vulnerable wallets. Hardware wallets have been considered the gold standard for secure $BTC storage, but this case shows that it is only as secure as the technology behind it. 💭 For many investors, it also revives the debate between self-custody and regulated investment products such as Bitcoin ETFs or regular wallets on crypto exchanges. Self-custody offers full control over assets, while ETFs remove the responsibility of securing private keys - along with the risk of losing funds because of wallet-related vulnerabilities. This whole story reminds that even the most trusted infrastructure requires constant verification. How do you store you Bitcoins, by the way? #BTC Price Analysis# #Bitcoin Price Prediction: What is Bitcoins next move?#