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coldcard
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🚨 Coldcard Hack Update: 52 BTC Moved to Recovery TrustAlright guys, quick update on the Coldcard wallet hack. White-hat hackers have moved 52.37 $BTC (around $4M+) into a recovery trust. This Bitcoin belongs to people whose funds were affected by the Coldcard exploit.
So what happens now?
The BTC is now controlled by the Crypto Recovery Trust (Wyoming-based). They’ll try to find the real owners and return the funds. But proving ownership might be tricky, because wallet addresses and key verification are strict.$QI
What was the Coldcard exploit?
In simple terms: there was a vulnerability in Coldcard firmware. When generating a wallet seed, the hardware random number generator failed and fell back to a weak software-based RNG. That made seeds predictable, so attackers could potentially guess them and drain funds.$ONDO
White-hats identified some wallets before attackers did and moved the funds to a safe address. Galaxy Digital’s Alex Thorn said around 40% of Wave 2 Bitcoin was rescued by white-hats.
If you’re affected:
If you were a victim of the Coldcard exploit, check the Crypto Recovery Trust website and search your wallet address. If they’re holding your funds, you may be able to start a claim.
My take:
This is a rare positive crypto story where white-hats outsmarted hackers. 52 BTC is only a small chunk (~2.8% of the total exploit), but recovery is moving. Research on the rest is still ongoing.
If you use Coldcard, check your firmware update. Stay safe!
{spot}(BTCUSDT)
{spot}(QIUSDT)
{spot}(ONDOUSDT)
#Bitcoin #Coldcard #CryptoRecovery #BinanceSquare #FedProposesRulesForBankIssuedStablecoins
🚨 Coldcard Hack Update: 52 BTC Moved to Recovery Trust
Alright guys, quick update on the Coldcard wallet hack. White-hat hackers have moved 52.37 $BTC (around $4M+) into a recovery trust. This Bitcoin belongs to people whose funds were affected by the Coldcard exploit.
So what happens now?
The BTC is now controlled by the Crypto Recovery Trust (Wyoming-based). They’ll try to find the real owners and return the funds. But proving ownership might be tricky, because wallet addresses and key verification are strict.$QI
What was the Coldcard exploit?
In simple terms: there was a vulnerability in Coldcard firmware. When generating a wallet seed, the hardware random number generator failed and fell back to a weak software-based RNG. That made seeds predictable, so attackers could potentially guess them and drain funds.$ONDO
White-hats identified some wallets before attackers did and moved the funds to a safe address. Galaxy Digital’s Alex Thorn said around 40% of Wave 2 Bitcoin was rescued by white-hats.
If you’re affected:
If you were a victim of the Coldcard exploit, check the Crypto Recovery Trust website and search your wallet address. If they’re holding your funds, you may be able to start a claim.
My take:
This is a rare positive crypto story where white-hats outsmarted hackers. 52 BTC is only a small chunk (~2.8% of the total exploit), but recovery is moving. Research on the rest is still ongoing.
If you use Coldcard, check your firmware update. Stay safe!
#Bitcoin #Coldcard #CryptoRecovery #BinanceSquare #FedProposesRulesForBankIssuedStablecoins
So what happens now?
The BTC is now controlled by the Crypto Recovery Trust (Wyoming-based). They’ll try to find the real owners and return the funds. But proving ownership might be tricky, because wallet addresses and key verification are strict.$QI
What was the Coldcard exploit?
In simple terms: there was a vulnerability in Coldcard firmware. When generating a wallet seed, the hardware random number generator failed and fell back to a weak software-based RNG. That made seeds predictable, so attackers could potentially guess them and drain funds.$ONDO
White-hats identified some wallets before attackers did and moved the funds to a safe address. Galaxy Digital’s Alex Thorn said around 40% of Wave 2 Bitcoin was rescued by white-hats.
If you’re affected:
If you were a victim of the Coldcard exploit, check the Crypto Recovery Trust website and search your wallet address. If they’re holding your funds, you may be able to start a claim.
My take:
This is a rare positive crypto story where white-hats outsmarted hackers. 52 BTC is only a small chunk (~2.8% of the total exploit), but recovery is moving. Research on the rest is still ongoing.
If you use Coldcard, check your firmware update. Stay safe!
#Bitcoin #Coldcard #CryptoRecovery #BinanceSquare #FedProposesRulesForBankIssuedStablecoins
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Ethical hackers move 52 BTC stolen to recovery fundJust 2.8% of the funds stolen in the largest 2026 hardware wallet hack were routed to a formal return mechanism, and the movement raised legal and technical questions that are still far from being resolved.
White-hat hackers moved 52.37 Bitcoin tied to the Coldcard exploit to an address associated with a recovery fund based in Wyoming, in the United States, on September 21, 2026.
The movement was identified by Galaxy Digital, whose analyst Alex Thorn tracked the transaction in block 967.948, pointing to its origin in the so-called “Wave 2” cluster of the attack. The transferred value represents only 2.8% of the total exploited in the scheme.
Ethical hackers move 52 BTC stolen to recovery fund
Just 2.8% of the funds stolen in the largest 2026 hardware wallet hack were routed to a formal return mechanism, and the movement raised legal and technical questions that are still far from being resolved.
White-hat hackers moved 52.37 Bitcoin tied to the Coldcard exploit to an address associated with a recovery fund based in Wyoming, in the United States, on September 21, 2026.
The movement was identified by Galaxy Digital, whose analyst Alex Thorn tracked the transaction in block 967.948, pointing to its origin in the so-called “Wave 2” cluster of the attack. The transferred value represents only 2.8% of the total exploited in the scheme.
White-hat hackers moved 52.37 Bitcoin tied to the Coldcard exploit to an address associated with a recovery fund based in Wyoming, in the United States, on September 21, 2026.
The movement was identified by Galaxy Digital, whose analyst Alex Thorn tracked the transaction in block 967.948, pointing to its origin in the so-called “Wave 2” cluster of the attack. The transferred value represents only 2.8% of the total exploited in the scheme.
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Hacked funds moving to trust
Following the Coldcard hack, whitehats moved 52 BTC into a recovery trust. This shift could signal an attempt to manage the stolen funds for eventual return.
#Coldcard #BitcoinSecurity
Hacked funds moving to trust
Following the Coldcard hack, whitehats moved 52 BTC into a recovery trust. This shift could signal an attempt to manage the stolen funds for eventual return.
#Coldcard #BitcoinSecurity
Following the Coldcard hack, whitehats moved 52 BTC into a recovery trust. This shift could signal an attempt to manage the stolen funds for eventual return.
#Coldcard #BitcoinSecurity
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52.37 BTC Moved Toward Coldcard Exploit Recovery
White-hat hackers have reportedly moved 52.37 BTC recovered from the Coldcard exploit into a Crypto Recovery Trust address.
Galaxy Research’s Alex Thorn highlighted the on-chain movement, with the destination address appearing to be linked to a recovery process for affected users.
The transfer marks another step toward potentially returning recovered funds to victims.
$BTC
{future}(BTCUSDT)
#BTC #Coldcard
52.37 BTC Moved Toward Coldcard Exploit Recovery
White-hat hackers have reportedly moved 52.37 BTC recovered from the Coldcard exploit into a Crypto Recovery Trust address.
Galaxy Research’s Alex Thorn highlighted the on-chain movement, with the destination address appearing to be linked to a recovery process for affected users.
The transfer marks another step toward potentially returning recovered funds to victims.
$BTC
#BTC #Coldcard
White-hat hackers have reportedly moved 52.37 BTC recovered from the Coldcard exploit into a Crypto Recovery Trust address.
Galaxy Research’s Alex Thorn highlighted the on-chain movement, with the destination address appearing to be linked to a recovery process for affected users.
The transfer marks another step toward potentially returning recovered funds to victims.
$BTC
#BTC #Coldcard
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📰 In the Coldcard hacking incident, there’s been an unusual development: a “white-hat” hacker has transferred 52.37 bitcoins to an address associated with a newly established recovery trust.
This isn’t new theft—rather, some of the funds that were lost earlier due to the Coldcard vulnerability incident have been moved into dedicated recovery arrangements.
🔥 Galaxy Digital research head Alex Thorn said this amount is about 2.8% of the total stolen from the Coldcard breach. The percentage isn’t high, but it at least shows that the recovery efforts are already taking real action.
Honestly, this white-hat role is still pretty crucial. It’s not just about dealing with the vulnerability—it’s also about trying to send any already-exfiltrated assets back to addresses that are trackable and actionable. That said, in the publicly available information right now, the only amount that can be confirmed is the 52.37 BTC; it’s hard to say yet how much more can ultimately be recovered.
🤔 How much do you think of the funds moved into the recovery trust will truly end up back in the hands of affected users?
#比特币 #Coldcard #链上安全 #加密行业
📰 In the Coldcard hacking incident, there’s been an unusual development: a “white-hat” hacker has transferred 52.37 bitcoins to an address associated with a newly established recovery trust.
This isn’t new theft—rather, some of the funds that were lost earlier due to the Coldcard vulnerability incident have been moved into dedicated recovery arrangements.
🔥 Galaxy Digital research head Alex Thorn said this amount is about 2.8% of the total stolen from the Coldcard breach. The percentage isn’t high, but it at least shows that the recovery efforts are already taking real action.
Honestly, this white-hat role is still pretty crucial. It’s not just about dealing with the vulnerability—it’s also about trying to send any already-exfiltrated assets back to addresses that are trackable and actionable. That said, in the publicly available information right now, the only amount that can be confirmed is the 52.37 BTC; it’s hard to say yet how much more can ultimately be recovered.
🤔 How much do you think of the funds moved into the recovery trust will truly end up back in the hands of affected users?
#比特币 #Coldcard #链上安全 #加密行业
This isn’t new theft—rather, some of the funds that were lost earlier due to the Coldcard vulnerability incident have been moved into dedicated recovery arrangements.
🔥 Galaxy Digital research head Alex Thorn said this amount is about 2.8% of the total stolen from the Coldcard breach. The percentage isn’t high, but it at least shows that the recovery efforts are already taking real action.
Honestly, this white-hat role is still pretty crucial. It’s not just about dealing with the vulnerability—it’s also about trying to send any already-exfiltrated assets back to addresses that are trackable and actionable. That said, in the publicly available information right now, the only amount that can be confirmed is the 52.37 BTC; it’s hard to say yet how much more can ultimately be recovered.
🤔 How much do you think of the funds moved into the recovery trust will truly end up back in the hands of affected users?
#比特币 #Coldcard #链上安全 #加密行业
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🚨 $BTC HACKER MOVES 45% THROUGH THORCHAIN TO ETH! 🦈
🦈 The Coldcard breach continues to ripple through the ecosystem as the attacker redirected 45% of the stolen 97.09 BTC (~$7.8 M) via THORChain into $ETH and layered CoinJoin mixers, a classic liquidity‑hunt play. 📊 This cross‑chain sweep underscores how bridges become the fastest conduit for laundering high‑value vaults.
🔍 With 82% of the loot still parked in hacker‑controlled addresses, the remaining stash is primed for another round of obfuscation. 💡 Expect intensified CoinJoin activity and potential pressure on bridge fees as smart money scrubs its trail.
🤔 Will regulators tighten bridge monitoring after this wave?
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #BTC #Coldcard #Hack #Liquidity #Crypto
🦈 🔥
🚨 $BTC HACKER MOVES 45% THROUGH THORCHAIN TO ETH! 🦈
🦈 The Coldcard breach continues to ripple through the ecosystem as the attacker redirected 45% of the stolen 97.09 BTC (~$7.8 M) via THORChain into $ETH and layered CoinJoin mixers, a classic liquidity‑hunt play. 📊 This cross‑chain sweep underscores how bridges become the fastest conduit for laundering high‑value vaults.
🔍 With 82% of the loot still parked in hacker‑controlled addresses, the remaining stash is primed for another round of obfuscation. 💡 Expect intensified CoinJoin activity and potential pressure on bridge fees as smart money scrubs its trail.
🤔 Will regulators tighten bridge monitoring after this wave?
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #BTC #Coldcard #Hack #Liquidity #Crypto
🦈 🔥
🦈 The Coldcard breach continues to ripple through the ecosystem as the attacker redirected 45% of the stolen 97.09 BTC (~$7.8 M) via THORChain into $ETH and layered CoinJoin mixers, a classic liquidity‑hunt play. 📊 This cross‑chain sweep underscores how bridges become the fastest conduit for laundering high‑value vaults.
🔍 With 82% of the loot still parked in hacker‑controlled addresses, the remaining stash is primed for another round of obfuscation. 💡 Expect intensified CoinJoin activity and potential pressure on bridge fees as smart money scrubs its trail.
🤔 Will regulators tighten bridge monitoring after this wave?
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #BTC #Coldcard #Hack #Liquidity #Crypto
🦈 🔥
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Hacker Coldcard has transferred 45% of the stolen BTC in Wave 3!
According to Galaxy Research, the attacker has moved 45% of the stolen Bitcoin, equivalent to about 97.09 BTC (~$7.8 million), via THORChain to Ethereum and CoinJoin transactions to conceal the source of the funds.
Notably, the hacker is dealing with the “vaults” with the highest values one by one. Meanwhile, across all the attack waves, around 82% of the stolen BTC remains in addresses controlled by the hacker, while 18% has been moved.
The exploitation stems from a Coldcard firmware vulnerability that has persisted for many years, causing some wallets’ seed phrases to have weak randomness and be susceptible to brute-force attacks.
What is worrying right now is: how many remaining BTC will continue to be laundered through CoinJoin and cross-chain bridges?
#Bitcoin #Coldcard #Crypto #Cybersecurity
Hacker Coldcard has transferred 45% of the stolen BTC in Wave 3!
According to Galaxy Research, the attacker has moved 45% of the stolen Bitcoin, equivalent to about 97.09 BTC (~$7.8 million), via THORChain to Ethereum and CoinJoin transactions to conceal the source of the funds.
Notably, the hacker is dealing with the “vaults” with the highest values one by one. Meanwhile, across all the attack waves, around 82% of the stolen BTC remains in addresses controlled by the hacker, while 18% has been moved.
The exploitation stems from a Coldcard firmware vulnerability that has persisted for many years, causing some wallets’ seed phrases to have weak randomness and be susceptible to brute-force attacks.
What is worrying right now is: how many remaining BTC will continue to be laundered through CoinJoin and cross-chain bridges?
#Bitcoin #Coldcard #Crypto #Cybersecurity
According to Galaxy Research, the attacker has moved 45% of the stolen Bitcoin, equivalent to about 97.09 BTC (~$7.8 million), via THORChain to Ethereum and CoinJoin transactions to conceal the source of the funds.
Notably, the hacker is dealing with the “vaults” with the highest values one by one. Meanwhile, across all the attack waves, around 82% of the stolen BTC remains in addresses controlled by the hacker, while 18% has been moved.
The exploitation stems from a Coldcard firmware vulnerability that has persisted for many years, causing some wallets’ seed phrases to have weak randomness and be susceptible to brute-force attacks.
What is worrying right now is: how many remaining BTC will continue to be laundered through CoinJoin and cross-chain bridges?
#Bitcoin #Coldcard #Crypto #Cybersecurity
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Coinkite is advising Coldcard Mk3 users to migrate funds following a potential seed-generation risk. Additionally, security experts are investigating a massive $38 million Bitcoin wallet drain.
#CryptoSecurity #Coldcard
Coinkite is advising Coldcard Mk3 users to migrate funds following a potential seed-generation risk. Additionally, security experts are investigating a massive $38 million Bitcoin wallet drain.
#CryptoSecurity #Coldcard
#CryptoSecurity #Coldcard
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Coldcard Stolen for $110 Million: How Did the Hacker Pull It Off? I Studied It for Three Days and Laid Out the Full ChainThe biggest security incident in the crypto space these days is the randomness vulnerability in the Coldcard hardware wallet: about 5,000 wallets, 1,755 BTC stolen, worth over $110 million.
Most reports only say "a vulnerability in random number generation allows the mnemonic to be inferred." But as someone who wants to understand the underlying principles, I looked through a large amount of technical material (Block official analysis, Galaxy Research on-chain tracing, community PoC projects) and broke down the entire attack chain step by step. Here’s what I’m sharing with other equally curious friends.
【First, the most important takeaway】
The hacker didn’t brute-force guess the mnemonic, and he didn’t brute-force guess the private key—both of these live in a 2^256 space, which is physically impossible. What he enumerated was the internal state of the random number generator (PRNG) that produces the mnemonic. That space is only 2^32 (about 4.2 billion).
Coldcard Stolen for $110 Million: How Did the Hacker Pull It Off? I Studied It for Three Days and Laid Out the Full Chain
The biggest security incident in the crypto space these days is the randomness vulnerability in the Coldcard hardware wallet: about 5,000 wallets, 1,755 BTC stolen, worth over $110 million.
Most reports only say "a vulnerability in random number generation allows the mnemonic to be inferred." But as someone who wants to understand the underlying principles, I looked through a large amount of technical material (Block official analysis, Galaxy Research on-chain tracing, community PoC projects) and broke down the entire attack chain step by step. Here’s what I’m sharing with other equally curious friends.
【First, the most important takeaway】
The hacker didn’t brute-force guess the mnemonic, and he didn’t brute-force guess the private key—both of these live in a 2^256 space, which is physically impossible. What he enumerated was the internal state of the random number generator (PRNG) that produces the mnemonic. That space is only 2^32 (about 4.2 billion).
Most reports only say "a vulnerability in random number generation allows the mnemonic to be inferred." But as someone who wants to understand the underlying principles, I looked through a large amount of technical material (Block official analysis, Galaxy Research on-chain tracing, community PoC projects) and broke down the entire attack chain step by step. Here’s what I’m sharing with other equally curious friends.
【First, the most important takeaway】
The hacker didn’t brute-force guess the mnemonic, and he didn’t brute-force guess the private key—both of these live in a 2^256 space, which is physically impossible. What he enumerated was the internal state of the random number generator (PRNG) that produces the mnemonic. That space is only 2^32 (about 4.2 billion).
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🚨 Reports of exploitation of a security vulnerability in Coldcard wallets cause major losses
Security reports indicate that a vulnerability in Coldcard device wallets allowed hackers to compromise users' funds. Blockchain monitoring firms say that losses exceeded $130 million, raising questions about the security of offline storage.
━━━━━━━━━━━━━━
📊 Impact: 🔥 Very High
🏷️ OTHER
#Coldcard #HardwareWallet #Cybersecurity #CryptoSecurity #Blockchain
📰 Source: techcrunch.com
🚨 Reports of exploitation of a security vulnerability in Coldcard wallets cause major losses
Security reports indicate that a vulnerability in Coldcard device wallets allowed hackers to compromise users' funds. Blockchain monitoring firms say that losses exceeded $130 million, raising questions about the security of offline storage.
━━━━━━━━━━━━━━
📊 Impact: 🔥 Very High
🏷️ OTHER
#Coldcard #HardwareWallet #Cybersecurity #CryptoSecurity #Blockchain
📰 Source: techcrunch.com
Security reports indicate that a vulnerability in Coldcard device wallets allowed hackers to compromise users' funds. Blockchain monitoring firms say that losses exceeded $130 million, raising questions about the security of offline storage.
━━━━━━━━━━━━━━
📊 Impact: 🔥 Very High
🏷️ OTHER
#Coldcard #HardwareWallet #Cybersecurity #CryptoSecurity #Blockchain
📰 Source: techcrunch.com
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🚨 Theft of $140 million in Bitcoin via a vulnerability in the Coldcard wallet
A recent report revealed that Bitcoin coins worth $140 million were stolen by exploiting a security flaw in the Coldcard hardware wallet software. The thefts were carried out in three stages since July 2026, suggesting systematic exploitation of the vulnerability, and highlighting the importance of security vigilance for cryptocurrency users.
━━━━━━━━━━━━━━
📊 Impact: 🔥 Very High
🏷️ BITCOIN
#Bitcoin #Coldcard #Cybersecurity #CryptoSecurity #HardwareWallet
📰 Source: news.livedoor.com
🚨 Theft of $140 million in Bitcoin via a vulnerability in the Coldcard wallet
A recent report revealed that Bitcoin coins worth $140 million were stolen by exploiting a security flaw in the Coldcard hardware wallet software. The thefts were carried out in three stages since July 2026, suggesting systematic exploitation of the vulnerability, and highlighting the importance of security vigilance for cryptocurrency users.
━━━━━━━━━━━━━━
📊 Impact: 🔥 Very High
🏷️ BITCOIN
#Bitcoin #Coldcard #Cybersecurity #CryptoSecurity #HardwareWallet
📰 Source: news.livedoor.com
A recent report revealed that Bitcoin coins worth $140 million were stolen by exploiting a security flaw in the Coldcard hardware wallet software. The thefts were carried out in three stages since July 2026, suggesting systematic exploitation of the vulnerability, and highlighting the importance of security vigilance for cryptocurrency users.
━━━━━━━━━━━━━━
📊 Impact: 🔥 Very High
🏷️ BITCOIN
#Bitcoin #Coldcard #Cybersecurity #CryptoSecurity #HardwareWallet
📰 Source: news.livedoor.com
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🚨 Steals targeting Coldcard wallet custodians in cyber attacks
Coldcard wallets, a type of cold wallet (Hard Wallets) known for their security, have been subjected to a series of cyber attacks. These attacks affected more than 5,200 individuals, resulting in thefts totaling over $116 million since last Thursday, raising questions about the security of similar storage solutions.
━━━━━━━━━━━━━━
📊 Impact: 🔥 Very High
🏷️ BITCOIN
#Bitcoin #Coldcard #Security #CryptoHack #HardWallet
📰 Source: biztoc.com
🚨 Steals targeting Coldcard wallet custodians in cyber attacks
Coldcard wallets, a type of cold wallet (Hard Wallets) known for their security, have been subjected to a series of cyber attacks. These attacks affected more than 5,200 individuals, resulting in thefts totaling over $116 million since last Thursday, raising questions about the security of similar storage solutions.
━━━━━━━━━━━━━━
📊 Impact: 🔥 Very High
🏷️ BITCOIN
#Bitcoin #Coldcard #Security #CryptoHack #HardWallet
📰 Source: biztoc.com
Coldcard wallets, a type of cold wallet (Hard Wallets) known for their security, have been subjected to a series of cyber attacks. These attacks affected more than 5,200 individuals, resulting in thefts totaling over $116 million since last Thursday, raising questions about the security of similar storage solutions.
━━━━━━━━━━━━━━
📊 Impact: 🔥 Very High
🏷️ BITCOIN
#Bitcoin #Coldcard #Security #CryptoHack #HardWallet
📰 Source: biztoc.com
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【What is the market trading?】 Coldcard hardware wallet has reportedly been hit by an exploitation event on the order of $89 million. Unlike the large-scale withdrawal wave triggered by the FTX collapse, the market’s core trading logic right now is “damaged assets flowing back to exchanges”: investors holding assets from this wallet are transferring their Bitcoin back to centralized exchanges to handle related assets. 【What’s truly worth关注】 This incident has not sparked a crisis of trust in centralized exchanges; instead, there has been reverse capital inflow. On the one hand, it suggests the market has not lost confidence in exchanges’ ability to carry out secure incident handling. On the other hand, it also reflects that investors’ expectations of a firmware/vulnerability fix for the hardware wallet temporarily outweigh concerns. 【Monitor the next 48 hours】 Focus on tracking Coldcard’s official progress in patching the vulnerability, as well as changes in exchanges’ net Bitcoin inflows. If inflows continue to amplify, it could exert some sell-pressure on the short-term BTC market. #BTC #Coldcard
【What is the market trading?】 Coldcard hardware wallet has reportedly been hit by an exploitation event on the order of $89 million. Unlike the large-scale withdrawal wave triggered by the FTX collapse, the market’s core trading logic right now is “damaged assets flowing back to exchanges”: investors holding assets from this wallet are transferring their Bitcoin back to centralized exchanges to handle related assets. 【What’s truly worth关注】 This incident has not sparked a crisis of trust in centralized exchanges; instead, there has been reverse capital inflow. On the one hand, it suggests the market has not lost confidence in exchanges’ ability to carry out secure incident handling. On the other hand, it also reflects that investors’ expectations of a firmware/vulnerability fix for the hardware wallet temporarily outweigh concerns. 【Monitor the next 48 hours】 Focus on tracking Coldcard’s official progress in patching the vulnerability, as well as changes in exchanges’ net Bitcoin inflows. If inflows continue to amplify, it could exert some sell-pressure on the short-term BTC market. #BTC #Coldcard
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The Coldcard news hits hard. People lose big Bitcoin from their hardware wallets. Old software mistake let thieves take over 100 million. I never used that wallet but it still scares me. Even trusted tools can fail after years. I check my own coins extra careful now. Self custody good idea but always need extra eyes. On Binance I keep trading part ready and rest more protected. Friends please stay sharp. Better move coins safe than cry later.
#Coldcard $BTC
The Coldcard news hits hard. People lose big Bitcoin from their hardware wallets. Old software mistake let thieves take over 100 million. I never used that wallet but it still scares me. Even trusted tools can fail after years. I check my own coins extra careful now. Self custody good idea but always need extra eyes. On Binance I keep trading part ready and rest more protected. Friends please stay sharp. Better move coins safe than cry later.
#Coldcard $BTC
#Coldcard $BTC
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~1,700 BTC stolen from 10 cold-wallet attack clusters. 💀🔐
Galaxy Research has just analyzed attack groups linked to wallets that use COLDCARD seeds with weaker security.
Just the 10 largest groups have moved about:
₿ ~1,700 BTC stolen
🐋 Largest group: >1,080 BTC
Galaxy distinguishes attacker groups based on fee strategy, timing, transaction patterns, and destination wallets. Notably, some of the larger groups are believed to still be holding most of the stolen BTC.
Cold wallet: “I’m offline, bro.”
Weak seed: “Not exactly.” 💀
What’s scary here is that a cold wallet isn’t automatically = absolute safety. If the seed phrase is generated/saved in a weak way, attackers can still exploit that weakness without “directly hacking” the device.
Guys, in these kinds of BTC losses, where do you think the biggest weakness usually lies: in the hardware wallet itself, or in how users create and store the seed? 👀
#BTC #Coldcard
~1,700 BTC stolen from 10 cold-wallet attack clusters. 💀🔐
Galaxy Research has just analyzed attack groups linked to wallets that use COLDCARD seeds with weaker security.
Just the 10 largest groups have moved about:
₿ ~1,700 BTC stolen
🐋 Largest group: >1,080 BTC
Galaxy distinguishes attacker groups based on fee strategy, timing, transaction patterns, and destination wallets. Notably, some of the larger groups are believed to still be holding most of the stolen BTC.
Cold wallet: “I’m offline, bro.”
Weak seed: “Not exactly.” 💀
What’s scary here is that a cold wallet isn’t automatically = absolute safety. If the seed phrase is generated/saved in a weak way, attackers can still exploit that weakness without “directly hacking” the device.
Guys, in these kinds of BTC losses, where do you think the biggest weakness usually lies: in the hardware wallet itself, or in how users create and store the seed? 👀
#BTC #Coldcard
Galaxy Research has just analyzed attack groups linked to wallets that use COLDCARD seeds with weaker security.
Just the 10 largest groups have moved about:
₿ ~1,700 BTC stolen
🐋 Largest group: >1,080 BTC
Galaxy distinguishes attacker groups based on fee strategy, timing, transaction patterns, and destination wallets. Notably, some of the larger groups are believed to still be holding most of the stolen BTC.
Cold wallet: “I’m offline, bro.”
Weak seed: “Not exactly.” 💀
What’s scary here is that a cold wallet isn’t automatically = absolute safety. If the seed phrase is generated/saved in a weak way, attackers can still exploit that weakness without “directly hacking” the device.
Guys, in these kinds of BTC losses, where do you think the biggest weakness usually lies: in the hardware wallet itself, or in how users create and store the seed? 👀
#BTC #Coldcard
1
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⚠️ Coldcard Wallet Breach and Its Impact on Bitcoin Asset Security
Recent reports have indicated a breach of the recovery seeds associated with Coldcard device wallets, raising concerns about the safety of storing Bitcoin. This incident represents a significant development in the field of cryptocurrency security, especially since hardware wallets are known for providing strong protection for digital assets by isolating private keys from the internet. The event highlights the ongoing challenges in maintaining the security of digital assets.
━━━━━━━━━━━━━━
📊 Impact: 🔥 Very High
🏷️ BITCOIN
#Coldcard #Bitcoin #HardwareWallet #CryptoSecurity #Cyberattack
📰 Source: it.slashdot.org
⚠️ Coldcard Wallet Breach and Its Impact on Bitcoin Asset Security
Recent reports have indicated a breach of the recovery seeds associated with Coldcard device wallets, raising concerns about the safety of storing Bitcoin. This incident represents a significant development in the field of cryptocurrency security, especially since hardware wallets are known for providing strong protection for digital assets by isolating private keys from the internet. The event highlights the ongoing challenges in maintaining the security of digital assets.
━━━━━━━━━━━━━━
📊 Impact: 🔥 Very High
🏷️ BITCOIN
#Coldcard #Bitcoin #HardwareWallet #CryptoSecurity #Cyberattack
📰 Source: it.slashdot.org
Recent reports have indicated a breach of the recovery seeds associated with Coldcard device wallets, raising concerns about the safety of storing Bitcoin. This incident represents a significant development in the field of cryptocurrency security, especially since hardware wallets are known for providing strong protection for digital assets by isolating private keys from the internet. The event highlights the ongoing challenges in maintaining the security of digital assets.
━━━━━━━━━━━━━━
📊 Impact: 🔥 Very High
🏷️ BITCOIN
#Coldcard #Bitcoin #HardwareWallet #CryptoSecurity #Cyberattack
📰 Source: it.slashdot.org
28
⚠️ Warnings of potential attacks targeting Coldcard wallets that siphon 389 Bitcoin
Galaxy research chief Alex Thorne warned of a possible fourth wave of attacks targeting Coldcard wallets, which led to the withdrawal of approximately 389 Bitcoin. Thorne noted that some unconfirmed transactions could provide users with a narrow window to save their funds.
━━━━━━━━━━━━━━
📊 Impact: 📈 High
🏷️ BITCOIN
#Coldcard #Bitcoin #Security #CryptoNews #Wallet
📰 Source: cointelegraph.com
⚠️ Warnings of potential attacks targeting Coldcard wallets that siphon 389 Bitcoin
Galaxy research chief Alex Thorne warned of a possible fourth wave of attacks targeting Coldcard wallets, which led to the withdrawal of approximately 389 Bitcoin. Thorne noted that some unconfirmed transactions could provide users with a narrow window to save their funds.
━━━━━━━━━━━━━━
📊 Impact: 📈 High
🏷️ BITCOIN
#Coldcard #Bitcoin #Security #CryptoNews #Wallet
📰 Source: cointelegraph.com
Galaxy research chief Alex Thorne warned of a possible fourth wave of attacks targeting Coldcard wallets, which led to the withdrawal of approximately 389 Bitcoin. Thorne noted that some unconfirmed transactions could provide users with a narrow window to save their funds.
━━━━━━━━━━━━━━
📊 Impact: 📈 High
🏷️ BITCOIN
#Coldcard #Bitcoin #Security #CryptoNews #Wallet
📰 Source: cointelegraph.com
27
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