Coldcard's biggest security failure may have cost $70M
An attacker has drained over 1,000 bitcoin (approx worth around $70 million) from nearly 1,200 wallets that used Coldcard hardware to generate a key seed, Galaxy Research revealed on Friday. The figure is substantially higher than the initial estimates made by the company 24 hours earlier. The potential losses involve all Coldcard users who created...
An attacker has drained over 1,000 bitcoin (approx worth around $70 million) from nearly 1,200 wallets that used Coldcard hardware to generate a key seed, Galaxy Research revealed on Friday. The figure is substantially higher than the initial estimates made by the company 24 hours earlier. The potential losses involve all Coldcard users who created...
FOMOGRAM SENTINEL GRAVITY TELEMETRY
The significant loss of over 1,000 BTC due to a security failure raises concerns about hardware wallet security, likely leading to bearish sentiment among investors.
Explore all verified news, research, and global sources for CRYPTO.