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coldcard
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🚨 JUST IN: #Bitcoin stolen in the Coldcard hardware wallet incident now exceeds $88 million.
K According to the latest reports, the attack has now reached approximately:
• 1,367 $BTC stolen ( $88.6M)
• 4,500+ affected Bitcoin addresses
• Researchers say this was carried out in multiple waves of exploitation.
• The stolen BTC has reportedly not been moved yet.
What happened?
The issue is not a remote hack of Coldcard devices.
Instead, it affects seed phrases generated on specific vulnerable firmware versions. If a wallet’s recovery seed was created using an affected version, the seed may have been predictable, allowing attackers to recover the wallet and drain funds.
If you own a Coldcard:
Update to the latest firmware. ✔️
Generate a brand-new seed phrase (updating alone is not enough if your current seed was created on an affected version). ✔️
Transfer your BTC to addresses derived from the new seed. ✔️
Verify whether your device and firmware version are included in the official advisory. ✔️
This incident is another reminder that hardware wallets are only as secure as the firmware and the seed generation process behind them.
Self-custody remains one of the safest ways to hold #Bitcoin but it also means staying on top of security updates.
Always verify information through official announcements before taking action.
#BTC #Coldcard #SelfCustody $BTC
🚨 JUST IN: #Bitcoin stolen in the Coldcard hardware wallet incident now exceeds $88 million.
K According to the latest reports, the attack has now reached approximately:
• 1,367 $BTC stolen ( $88.6M)
• 4,500+ affected Bitcoin addresses
• Researchers say this was carried out in multiple waves of exploitation.
• The stolen BTC has reportedly not been moved yet.
What happened?
The issue is not a remote hack of Coldcard devices.
Instead, it affects seed phrases generated on specific vulnerable firmware versions. If a wallet’s recovery seed was created using an affected version, the seed may have been predictable, allowing attackers to recover the wallet and drain funds.
If you own a Coldcard:
Update to the latest firmware. ✔️
Generate a brand-new seed phrase (updating alone is not enough if your current seed was created on an affected version). ✔️
Transfer your BTC to addresses derived from the new seed. ✔️
Verify whether your device and firmware version are included in the official advisory. ✔️
This incident is another reminder that hardware wallets are only as secure as the firmware and the seed generation process behind them.
Self-custody remains one of the safest ways to hold #Bitcoin but it also means staying on top of security updates.
Always verify information through official announcements before taking action.
#BTC #Coldcard #SelfCustody $BTC
🚨$70M GONE IN 41 MINUTES - no hack, no phishing, no physical access.
Nearly 1,200 COLDCARDS wallets drained. The attacker never touched a device or stole a seed phrase. The reverse-engineered predictable randomness in flawed firmware (Mk2-Mk5, Q) to recreate private keys offline. Pure math, zero contact.
This is your reminder: NEVER hold 100% of your stack in one wallet or one brand. Hardware wallets aren't infallible, diversify across devices, use multi-sig, split your cold storage. One flaw = total loss.
If you're on affected Coldcard firmware, migrate NOW.
Not your keys, not your coins. But also: not your diversification, not your safety.🔐
#bitcoin #BTC #Coldcard
Nearly 1,200 COLDCARDS wallets drained. The attacker never touched a device or stole a seed phrase. The reverse-engineered predictable randomness in flawed firmware (Mk2-Mk5, Q) to recreate private keys offline. Pure math, zero contact.
This is your reminder: NEVER hold 100% of your stack in one wallet or one brand. Hardware wallets aren't infallible, diversify across devices, use multi-sig, split your cold storage. One flaw = total loss.
If you're on affected Coldcard firmware, migrate NOW.
Not your keys, not your coins. But also: not your diversification, not your safety.🔐
#bitcoin #BTC #Coldcard
🚨 Security Update: Coldcard Vulnerability Exploited — August 2, 2026
$BTC
Following up on the Coldcard hardware wallet vulnerability we flagged last week: it's now been actively exploited, draining approximately $70M in BTC from affected users.
🤔 What happened:
Coldcard CEO Rodolfo Novak issued a public apology, confirming the company's review process failed to catch the firmware bug before it could be exploited. Emergency firmware has now been released: version 4.2.0+ for Mk3, 5.6.0+ for Mk4/Mk5, and 1.5.0Q+ for Coldcard Q.
⚠️ Critical detail for anyone affected:
Simply updating firmware does NOT secure existing funds — private keys derived from a compromised seed remain unchanged even after the update. Affected users must generate an entirely new recovery phrase on the corrected firmware and migrate their BTC to it. Security firm Galaxy has also warned that future attacks remain possible against any Coldcard-generated address from the vulnerable period.
📊 Why this matters beyond Coldcard users:
This reinforces something we discussed last week — even "cold storage" (designed to be the safer option) isn't automatically immune to every risk category. Firmware-level vulnerabilities are a different threat than remote hacking, but they're still a real risk that hardware wallet users need to stay aware of.
📌 My take: This is a sobering real-world example of the theoretical risk we covered days ago. If you use a Coldcard device, checking official channels for the exact remediation steps (new seed generation, not just firmware update) should be an immediate priority, not something to delay.
⚠️ Disclaimer: This is commentary based on public reporting, not financial or security advice. Verify directly with official Coldcard channels if affected.
#Crypto #CryptoSecurity #Coldcard #BinanceSquare
$BTC
Following up on the Coldcard hardware wallet vulnerability we flagged last week: it's now been actively exploited, draining approximately $70M in BTC from affected users.
🤔 What happened:
Coldcard CEO Rodolfo Novak issued a public apology, confirming the company's review process failed to catch the firmware bug before it could be exploited. Emergency firmware has now been released: version 4.2.0+ for Mk3, 5.6.0+ for Mk4/Mk5, and 1.5.0Q+ for Coldcard Q.
⚠️ Critical detail for anyone affected:
Simply updating firmware does NOT secure existing funds — private keys derived from a compromised seed remain unchanged even after the update. Affected users must generate an entirely new recovery phrase on the corrected firmware and migrate their BTC to it. Security firm Galaxy has also warned that future attacks remain possible against any Coldcard-generated address from the vulnerable period.
📊 Why this matters beyond Coldcard users:
This reinforces something we discussed last week — even "cold storage" (designed to be the safer option) isn't automatically immune to every risk category. Firmware-level vulnerabilities are a different threat than remote hacking, but they're still a real risk that hardware wallet users need to stay aware of.
📌 My take: This is a sobering real-world example of the theoretical risk we covered days ago. If you use a Coldcard device, checking official channels for the exact remediation steps (new seed generation, not just firmware update) should be an immediate priority, not something to delay.
⚠️ Disclaimer: This is commentary based on public reporting, not financial or security advice. Verify directly with official Coldcard channels if affected.
#Crypto #CryptoSecurity #Coldcard #BinanceSquare
⚡ LATEST UPDATE ⚡
**Coldcard Wallet Vulnerability Losses Approach $89 Million**
Galaxy Research has identified a third wave of unauthorized fund transfers linked to a suspected Coldcard hardware wallet vulnerability, with an additional 207.73 $BTC recently moved from compromised addresses.
The total scope observed by Galaxy has grown to approximately 1,367 $BTC (valued at roughly $88.6M) across 4,585 Bitcoin addresses.
The operational method has shifted: while the initial two exploit waves consolidated funds into a few central wallets, the latest activity distributed assets across hundreds of separate addresses, complicating tracking efforts for analysts.
Galaxy emphasized that these estimates are derived from on-chain transaction analysis and victim reports rather than direct wallet audits confirming flawed seed generation. As a result, the data remains preliminary. However, risks remain elevated as public disclosure of the vulnerability may prompt other malicious actors to target wallets created with weak seed phrases.
#Bitcoin #Coldcard #CryptoNews
$NEAR $XRP
Source: Compiled
**Coldcard Wallet Vulnerability Losses Approach $89 Million**
Galaxy Research has identified a third wave of unauthorized fund transfers linked to a suspected Coldcard hardware wallet vulnerability, with an additional 207.73 $BTC recently moved from compromised addresses.
The total scope observed by Galaxy has grown to approximately 1,367 $BTC (valued at roughly $88.6M) across 4,585 Bitcoin addresses.
The operational method has shifted: while the initial two exploit waves consolidated funds into a few central wallets, the latest activity distributed assets across hundreds of separate addresses, complicating tracking efforts for analysts.
Galaxy emphasized that these estimates are derived from on-chain transaction analysis and victim reports rather than direct wallet audits confirming flawed seed generation. As a result, the data remains preliminary. However, risks remain elevated as public disclosure of the vulnerability may prompt other malicious actors to target wallets created with weak seed phrases.
#Bitcoin #Coldcard #CryptoNews
$NEAR $XRP
Source: Compiled
#coldcardexploitattackerscontrol1366btc
🚨 CRITICAL SECURITY ALERT: EXPANDING EXPLOIT ON COLCARD USERS 🚨
The bleeding hasn't stopped. What began with an alarming 594 BTC drained in under 30 minutes yesterday has now escalated—exploiters currently hold over 1,366.38 BTC under their control!
Analysis from Galaxy Research confirms three distinct waves of attacks so far. The burning question every holder is asking: Is the assault over, or are more breaches incoming? Whether this is a solitary hacker deploying upgraded exploit vectors or multiple attackers capitalizing on legacy vulnerabilities dating back to March 2021, the danger is real.
🛡️ IMMEDIATE ACTION PLAN (PROTECT YOUR ASSETS):
Patch Right Away: Update your device firmware to the latest official release without delay.
Generate a New Seed: Transfer your funds to a completely fresh, uncompromised seed phrase.
Stay Proactive: Cold storage is only as safe as your security hygiene—don't wait until your wallet is drained to take action!
Stay paranoid, stay secure, and protect your holdings! 🔒⚡
Disclaimer: Not financial advice. Always Do Your Own Research (DYOR).
#BTC #Coldcard #HackerAlert
$VELVET
$BEAT
$BTC
🚨 CRITICAL SECURITY ALERT: EXPANDING EXPLOIT ON COLCARD USERS 🚨
The bleeding hasn't stopped. What began with an alarming 594 BTC drained in under 30 minutes yesterday has now escalated—exploiters currently hold over 1,366.38 BTC under their control!
Analysis from Galaxy Research confirms three distinct waves of attacks so far. The burning question every holder is asking: Is the assault over, or are more breaches incoming? Whether this is a solitary hacker deploying upgraded exploit vectors or multiple attackers capitalizing on legacy vulnerabilities dating back to March 2021, the danger is real.
🛡️ IMMEDIATE ACTION PLAN (PROTECT YOUR ASSETS):
Patch Right Away: Update your device firmware to the latest official release without delay.
Generate a New Seed: Transfer your funds to a completely fresh, uncompromised seed phrase.
Stay Proactive: Cold storage is only as safe as your security hygiene—don't wait until your wallet is drained to take action!
Stay paranoid, stay secure, and protect your holdings! 🔒⚡
Disclaimer: Not financial advice. Always Do Your Own Research (DYOR).
#BTC #Coldcard #HackerAlert
$VELVET
$BEAT
$BTC
ZoyaQueen16:
How does BABY help improve Bitcoin's long-term utility?
Crypto Security Update
A software vulnerability in the popular Coldcard hardware wallet has reportedly led to the theft of nearly 600 BTC, worth around $70 million. According to Chainalysis, the attack primarily targeted high-value wallets, sending another reminder that even self-custody solutions are not immune to security risks.
$NVDAB
$AAPLB
The incident highlights the importance of keeping wallet firmware updated, verifying every transaction, and following strong security practices to protect digital assets.
Security remains one of the biggest priorities in crypto. Stay cautious, stay informed, and always protect your private keys.
#Bitcoin #BTC #Coldcard #ColdcardFlawDrains594BTC
A software vulnerability in the popular Coldcard hardware wallet has reportedly led to the theft of nearly 600 BTC, worth around $70 million. According to Chainalysis, the attack primarily targeted high-value wallets, sending another reminder that even self-custody solutions are not immune to security risks.
$NVDAB
$AAPLB
The incident highlights the importance of keeping wallet firmware updated, verifying every transaction, and following strong security practices to protect digital assets.
Security remains one of the biggest priorities in crypto. Stay cautious, stay informed, and always protect your private keys.
#Bitcoin #BTC #Coldcard #ColdcardFlawDrains594BTC
🚨 Coldcard Flaw Drains 594 BTC
A newly reported security flaw linked to Coldcard wallets has resulted in the loss of approximately 594 BTC, raising fresh concerns about hardware wallet security and operational risks.
⚡ THOR Edge
594 BTC reportedly drained through the exploit.
Hardware wallets remain highly secure, but improper setup, compromised firmware, or user errors can still create attack vectors.
The incident is a reminder that cold storage isn't immune to operational vulnerabilities.
🎯 THOR Verdict
This event is likely to increase scrutiny on wallet security practices rather than weaken confidence in self-custody itself. Expect the crypto community to closely monitor the investigation and any vendor response.
#bitcoin #Coldcard #IDOL #ColdcardFlawDrains594BTC #HedgeFundsAddBullishOilBets
$AKE
$EPIC
$IDOL
A newly reported security flaw linked to Coldcard wallets has resulted in the loss of approximately 594 BTC, raising fresh concerns about hardware wallet security and operational risks.
⚡ THOR Edge
594 BTC reportedly drained through the exploit.
Hardware wallets remain highly secure, but improper setup, compromised firmware, or user errors can still create attack vectors.
The incident is a reminder that cold storage isn't immune to operational vulnerabilities.
🎯 THOR Verdict
This event is likely to increase scrutiny on wallet security practices rather than weaken confidence in self-custody itself. Expect the crypto community to closely monitor the investigation and any vendor response.
#bitcoin #Coldcard #IDOL #ColdcardFlawDrains594BTC #HedgeFundsAddBullishOilBets
$AKE
$EPIC
$IDOL
📉 Coldcard Wallet Vulnerability Linked to $70 Million Bitcoin Theft
A security flaw in the widely used Coldcard hardware wallet has reportedly led to the theft of nearly 600 $BTC BTC, worth around $70 million. According to Chainalysis, the attack appears to have targeted high-value wallets, raising fresh concerns about the reliability and security of self-custody solutions for crypto holders.
For context, $BTC BTC is currently trading around $62,717.24 on Binance, slightly down over the last 24 hours. Today’s range is $62,275.00 to $63,150.00, which helps show the market backdrop around a 600 $BTC BTC event of this size.
#ColdcardFlawDrains594BTC #BTC #Coldcard
A security flaw in the widely used Coldcard hardware wallet has reportedly led to the theft of nearly 600 $BTC BTC, worth around $70 million. According to Chainalysis, the attack appears to have targeted high-value wallets, raising fresh concerns about the reliability and security of self-custody solutions for crypto holders.
For context, $BTC BTC is currently trading around $62,717.24 on Binance, slightly down over the last 24 hours. Today’s range is $62,275.00 to $63,150.00, which helps show the market backdrop around a 600 $BTC BTC event of this size.
#ColdcardFlawDrains594BTC #BTC #Coldcard
🚨 Cold storage was supposed to mean untouchable.
⚠️ It didn't.
$71,000,000+ in BTC — gone. Not phished. Not hacked at the device. Drained from wallets that never left a safe.
💀 Cold. Offline. Untouched. And still emptied.
The old belief: hardware wallets are immune because attackers need physical access.
The new reality: entropy failed silently, and math did the rest.
Coldcard's 2021 firmware bug collapsed seed randomness down to a guessable range. No phishing link. No malware. No device compromise required.
The attacker never touched a single wallet.
⏱️ 1,196 addresses.
41 minutes.
Over 1,082 BTC swept.
Predictability killed more wallets than any hacker ever could.
🔓 The uncomfortable truth: a wallet is only as cold as its randomness. Offline storage protects against network attacks — it does nothing against a flawed random number generator baked in at manufacture.
The question isn't whether hardware wallets are safe. The question is whether the entropy generating the seed was ever truly random in the first place.
📌 Recommended action:
1️⃣ Update firmware immediately (Mk3: 4.2.0+, Mk4/Mk5: 5.6.0+, Q: 1.5.0Q+)
2️⃣ Generate a brand-new seed — firmware updates do NOT fix old seeds
3️⃣ Migrate all funds off the old address before touching it again
4️⃣ Where possible, add a dice-rolled passphrase for extra entropy
🔥 Rolling your own dice at setup? Those wallets survived untouched.
What does "cold storage" actually protect against, if the randomness behind it was never secure?
$BTC #Bitching #Coldcard #CryptoSecurity #DeFi
Not financial advice. DYOR.
⚠️ It didn't.
$71,000,000+ in BTC — gone. Not phished. Not hacked at the device. Drained from wallets that never left a safe.
💀 Cold. Offline. Untouched. And still emptied.
The old belief: hardware wallets are immune because attackers need physical access.
The new reality: entropy failed silently, and math did the rest.
Coldcard's 2021 firmware bug collapsed seed randomness down to a guessable range. No phishing link. No malware. No device compromise required.
The attacker never touched a single wallet.
⏱️ 1,196 addresses.
41 minutes.
Over 1,082 BTC swept.
Predictability killed more wallets than any hacker ever could.
🔓 The uncomfortable truth: a wallet is only as cold as its randomness. Offline storage protects against network attacks — it does nothing against a flawed random number generator baked in at manufacture.
The question isn't whether hardware wallets are safe. The question is whether the entropy generating the seed was ever truly random in the first place.
📌 Recommended action:
1️⃣ Update firmware immediately (Mk3: 4.2.0+, Mk4/Mk5: 5.6.0+, Q: 1.5.0Q+)
2️⃣ Generate a brand-new seed — firmware updates do NOT fix old seeds
3️⃣ Migrate all funds off the old address before touching it again
4️⃣ Where possible, add a dice-rolled passphrase for extra entropy
🔥 Rolling your own dice at setup? Those wallets survived untouched.
What does "cold storage" actually protect against, if the randomness behind it was never secure?
$BTC #Bitching #Coldcard #CryptoSecurity #DeFi
Not financial advice. DYOR.
🚨 CZ Calls for Wallet Diversification After $70M Coldcard Exploit 🚨
Binance founder Changpeng Zhao (CZ) is urging crypto users to spread their funds across multiple wallets following a major $70 million security failure impacting Coldcard hardware devices.
CZ emphasized that even hardware wallets are not immune to bugs and vulnerabilities. To mitigate risks, he suggests a diversification strategy rather than relying on a single security solution.
Key Takeaways:
🔒 Hardware wallets can still have software flaws.
💸 Spreading funds reduces single-point-of-failure risks.
🛡️ Diversification is vital for long-term asset security.
So what is actually happened and what we need to do with it?
Do not worry, if you are not using Coldcard wallet, you are worry free.
The reported COLDCARD vulnerability stems from a critical firmware bug that disabled the hardware random number generator. This flaw allows attackers to replicate recovery seeds generated on affected devices and steal funds.
Crucially, a simple firmware update will not secure vulnerable accounts. Affected users must immediately generate an entirely new recovery seed on patched firmware and transfer their BTC to the new address.
🚨 Critical Security Steps Required
1) Update firmware to the latest patched version immediately.
2) Generate a new seed phrase directly on the secure firmware.
3) Transfer all BTC from the compromised setup to the new wallet.
4) Never reuse the old, vulnerable recovery seed phrase.
$BTC $ETH $SOL
#CryptoSecurity #Coldcard #Web3
Binance founder Changpeng Zhao (CZ) is urging crypto users to spread their funds across multiple wallets following a major $70 million security failure impacting Coldcard hardware devices.
CZ emphasized that even hardware wallets are not immune to bugs and vulnerabilities. To mitigate risks, he suggests a diversification strategy rather than relying on a single security solution.
Key Takeaways:
🔒 Hardware wallets can still have software flaws.
💸 Spreading funds reduces single-point-of-failure risks.
🛡️ Diversification is vital for long-term asset security.
So what is actually happened and what we need to do with it?
Do not worry, if you are not using Coldcard wallet, you are worry free.
The reported COLDCARD vulnerability stems from a critical firmware bug that disabled the hardware random number generator. This flaw allows attackers to replicate recovery seeds generated on affected devices and steal funds.
Crucially, a simple firmware update will not secure vulnerable accounts. Affected users must immediately generate an entirely new recovery seed on patched firmware and transfer their BTC to the new address.
🚨 Critical Security Steps Required
1) Update firmware to the latest patched version immediately.
2) Generate a new seed phrase directly on the secure firmware.
3) Transfer all BTC from the compromised setup to the new wallet.
4) Never reuse the old, vulnerable recovery seed phrase.
$BTC $ETH $SOL
#CryptoSecurity #Coldcard #Web3
🚨 LATEST UPDATE 🚨
The scope of the Coldcard wallet security incident has expanded significantly. New analysis from Galaxy Research indicates that approximately 1,082.65 Bitcoin—valued at roughly $70.2 million—was moved through 1,196 different addresses during a brief 41-minute window on July 30.
This scale of loss is much higher than earlier estimates of $38 million. The attack followed a specific pattern of identical transaction fees and no change outputs. Coinkite co-founder Rodolfo Novak has acknowledged a firmware bug and released a hotfix, but warned that users with seeds generated on the vulnerable firmware should move their funds to a new seed immediately to ensure safety. 🛡️
This development highlights the critical importance of hardware wallet security and firmware integrity for self-custody. 🔐
How do you manage your seed security? 🧐
#Coldcard #Bitcoin #CryptoSecurity $BTC
$SOL $GIGGLE
The scope of the Coldcard wallet security incident has expanded significantly. New analysis from Galaxy Research indicates that approximately 1,082.65 Bitcoin—valued at roughly $70.2 million—was moved through 1,196 different addresses during a brief 41-minute window on July 30.
This scale of loss is much higher than earlier estimates of $38 million. The attack followed a specific pattern of identical transaction fees and no change outputs. Coinkite co-founder Rodolfo Novak has acknowledged a firmware bug and released a hotfix, but warned that users with seeds generated on the vulnerable firmware should move their funds to a new seed immediately to ensure safety. 🛡️
This development highlights the critical importance of hardware wallet security and firmware integrity for self-custody. 🔐
How do you manage your seed security? 🧐
#Coldcard #Bitcoin #CryptoSecurity $BTC
$SOL $GIGGLE
A critical firmware vulnerability in Coldcard Mk3 hardware wallets (and potentially later models) allowed attackers to exploit weak entropy in seed generation. The exploit drained 1,082 BTC worth around $70 million from 1,196 addresses in just 41 minutes — 30 hours before Coinkite issued a public warning.
This marks the third-largest crypto hack of 2026 and has raised fresh concerns over self-custody security, while also adding selling pressure on Bitcoin. Users with affected devices should take immediate precautions. DYOR.
#Write2Earn
#bitcoin #Coldcard #CryptoSecurity
This marks the third-largest crypto hack of 2026 and has raised fresh concerns over self-custody security, while also adding selling pressure on Bitcoin. Users with affected devices should take immediate precautions. DYOR.
#Write2Earn
#bitcoin #Coldcard #CryptoSecurity
Security Alert for Crypto Users
Reports claim that a flaw in Coldcard hardware wallet randomness may have led to the theft of 594 BTC (about $38 million) from around 500 wallets.
⚠️ If confirmed, this would highlight how critical secure seed phrase generation is for hardware wallets.
Key takeaway:
• Always keep your wallet firmware updated.
• Buy hardware wallets only from official sources.
• Verify security advisories before taking action.
• Never share your seed phrase with anyone.
Stay informed, stay secure. 🔒
#Bitcoin #CryptoSecurity #HardwareWallet #BTC #Coldcard
Reports claim that a flaw in Coldcard hardware wallet randomness may have led to the theft of 594 BTC (about $38 million) from around 500 wallets.
⚠️ If confirmed, this would highlight how critical secure seed phrase generation is for hardware wallets.
Key takeaway:
• Always keep your wallet firmware updated.
• Buy hardware wallets only from official sources.
• Verify security advisories before taking action.
• Never share your seed phrase with anyone.
Stay informed, stay secure. 🔒
#Bitcoin #CryptoSecurity #HardwareWallet #BTC #Coldcard
"HOLD UP, Bitcoin fam, looks like the Coldcard thief was basically "funding their habits" with the top blockchain service provider's help. #Coldcard #BlockchainSecurity
THE ALPHA
It turns out, the Coldcard thief didn't even need to "hodl" the secret to their success - they used a top blockchain service to facilitate the hack. Bitcoin holders with Coldcards are advised to move funds ASAP. #BlockchainServices
THE PUNCHLINE INSIGHT
Guess who's got a hot new wallet on their Christmas list? That's right, Bitcoin holders who want to keep their coins safe from rogue 'services' should probably consider a hardware wallet that doesn't rely on being online 24/7.
ENGAGEMENT BAIT
Are you still HODLing on a Coldcard? Better start thinking about an exit strategy..."
THE ALPHA
It turns out, the Coldcard thief didn't even need to "hodl" the secret to their success - they used a top blockchain service to facilitate the hack. Bitcoin holders with Coldcards are advised to move funds ASAP. #BlockchainServices
THE PUNCHLINE INSIGHT
Guess who's got a hot new wallet on their Christmas list? That's right, Bitcoin holders who want to keep their coins safe from rogue 'services' should probably consider a hardware wallet that doesn't rely on being online 24/7.
ENGAGEMENT BAIT
Are you still HODLing on a Coldcard? Better start thinking about an exit strategy..."
Guys...... big news.
Coldcard had a bug.
It made some wallet keys easy to guess.
Hackers took about 594 BTC fast.
Maybe more, close to 1,080 BTC total now.
That's real money gone.
From wallets people thought were 100% safe.
BTC price barely moved though.
Market did not care.
But u should care.
If u use Coldcard, update ur firmware now.
Don't wait.
Move to a new seed after update.
Old one might not be safe anymore.
Lesson here...... "cold wallet" does not mean "no risk" wallet.
Always double check. Always update.
what do u think, does this scare u or not really?
#bitcoin #Coldcard
#bitcoin #Coldcard
#AppleChipShortageHurtsSalesForecast
Coldcard had a bug.
It made some wallet keys easy to guess.
Hackers took about 594 BTC fast.
Maybe more, close to 1,080 BTC total now.
That's real money gone.
From wallets people thought were 100% safe.
BTC price barely moved though.
Market did not care.
But u should care.
If u use Coldcard, update ur firmware now.
Don't wait.
Move to a new seed after update.
Old one might not be safe anymore.
Lesson here...... "cold wallet" does not mean "no risk" wallet.
Always double check. Always update.
what do u think, does this scare u or not really?
#bitcoin #Coldcard
#bitcoin #Coldcard
#AppleChipShortageHurtsSalesForecast
📉 Coldcard Wallet Exploit Shocks Crypto! ⚠️
A critical firmware flaw reportedly led to the theft of 1,082 BTC (~$70M) in just 41 minutes, raising fresh concerns about hardware wallet security.
🔒 Users are urged to update their devices immediately.
Security is only as strong as the latest update. Stay protected.
#bitcoin #BTC #Coldcard $BTC
A critical firmware flaw reportedly led to the theft of 1,082 BTC (~$70M) in just 41 minutes, raising fresh concerns about hardware wallet security.
🔒 Users are urged to update their devices immediately.
Security is only as strong as the latest update. Stay protected.
#bitcoin #BTC #Coldcard $BTC
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