Bitcoin slips under $63,000 despite Iran deal hopes as Coldcard losses rattle market
CoinDesk•Shaurya Malwa3 AugColdcard — page 10
Product · 247 articlesCoverage, page 10
page 10 of 13CoinDesk•Shaurya Malwa3 Aug
Galaxy Digital and Duel Casino Clash Over 230 ETH Linked to Coldcard Exploit
Alex Thorn, Head of Firmwide Research at Galaxy Digital, criticized Duel Casino for refusing to block nearly 230 ETH allegedly stolen from a victim of the Coldcard vulnerability. Nonetheless, Duel Casino refused to freeze the funds without having evidence linking them to the hack. Coldcard Hack Spreads: Duel Casino Refuses to Freeze Funds Without […]
Bitcoin.com News•Sergio Goschenko3 Aug
Coldcard losses rise as fourth attack wave sweeps 448 BTC
A fourth suspected Coldcard attack wave moved 448.7 BTC from 709 addresses, while unconfirmed transactions may still be replaceable.
Coldcard’s 5-year flaw reveals hardware wallet testing gap: Kraken’s security chief
The five-year bug escaped detection because auditors verified that the intended random number generator existed, but not that it was being called.
Cointelegraph•Cointelegraph by Felix Ng3 Aug
Hackers exploit Coldcard firmware flaw, stealing $89 million in Bitcoin from thousands of wallets
The Coldcard exploit highlights the critical need for robust firmware security and may shift trust back to centralized exchanges for Bitcoin storage.
CryptoBriefing•Editorial Team3 Aug
Bitcoin Wasn’t Hacked in Coldcard Attack, Pompliano Explains
Anthony Pompliano separated the Coldcard security failure from Bitcoin’s protocol as verified losses exceeded $86 million. His warning arrives amid bearish sentiment, when technical incidents can quickly magnify fear, misinformation, and internal conflict. Pompliano Challenges the ‘Bitcoin Was Hacked’ Narrative Bitcoin investor and entrepreneur Anthony Pompliano addressed the Coldcard security incident on Aug. 2, warning […]
Bitcoin.com News•Kevin Helms3 Aug
Suspected 4th Coldcard attack wave sweeps 389 Bitcoin: Galaxy’s Thorn
Galaxy research head Alex Thorn warned that unconfirmed transactions may give some Coldcard users a narrow opportunity to save their funds.
Cointelegraph•Cointelegraph by Felix Ng3 Aug
Coldcard exploit sparks Bitcoin flight, ‘bullish’ crypto consolidation: Hodler’s Digest, August 2
The “sickening” loss of $90 million of Bitcoin from cold storage weighs heavily on sentiment, as the Clarity Act stalls with just five days left to hold a Senate vote.
Cointelegraph•Cointelegraph by Andrew Fenton2 Aug
Samson Mow Shares 5 Urgent Steps for Coldcard Users Facing Losses
Bitcoin advocate Samson Mow outlined five immediate actions for users affected by the Coldcard wallet losses following the disclosure of a random number generator vulnerability. His recommendations focus on preserving evidence, reporting thefts, avoiding recovery scams, and documenting information that could support ownership claims. Samson Mow Outlines Immediate Actions for Affected Users JAN3 CEO Samson […]
Bitcoin.com News•Kevin Helms2 Aug
Coldcard Hacker Gets Brazen Bitcoin Laundering Offer Onchain
The Coldcard security incident entered another chapter after a public bitcoin transaction offered laundering services to the thief behind one of the largest self-custody bitcoin thefts ever recorded, while users also reported emergency firmware updates leaving some hardware wallets unusable. The new developments come just days after Coinkite disclosed that a long-dormant firmware flaw had […]
Bitcoin.com News•Jamie Redman2 Aug
Coinkite Faces Class Action Threat as Bitcoin Wallet Bug Costs Users Over 1,300 BTC
Coinkite, the company behind Coldcard, the hardware wallet affected by a vulnerability in its seed generation code, might face legal action from victims who have lost over $88 million in BTC over the last two days. Users Prepare To Exert Legal Action Against Coinkite Over Coldcard Vulnerability Coinkite, the company behind the Coldcard series of […]
Bitcoin.com News•Sergio Goschenko2 Aug
BIP-110 Activation Frozen After Coldcard Exploit: Is the Soft Fork Dead?
BIP-110 activation is called off after the Coldcard wallet flaw, with miner support at just 2.53% against a 55% bar.
BeInCrypto•Lockridge Okoth2 Aug
Coldcard’s $89M wallet bug triggers the biggest Bitcoin movement since FTX and completely distorts market signals
Coldcard’s wallet crisis has shaken Bitcoin sentiment, blurred on-chain signals and exposed a recurring weakness in AI-assisted cyber defenses. On July 30, hardware maker Coinkite warned users that wallets generated with affected Coldcard firmware could be drained because a software error produced seed phrases with far less randomness than intended. This security incident, Galaxy Research […]
CryptoSlate•Oluwapelumi Adejumo2 Aug
Coldcard Bitcoin Exploit Balloons to $88 Million as Attackers Keep Draining Wallets
Galaxy Research says a third wave of thefts from Coldcard Bitcoin wallets has pushed observed losses to roughly 1,367 BTC across 4,585 addresses.
Coinkite Under Fire for Retaining Customer Emails After $88M Coldcard Hack
The company, which is facing issues with its Coldcard wallet, sent security notices to customers to warn them about the high risk of losing their bitcoin. Nonetheless, Rodolfo Novak, co-founder and CEO of Coinkite, had assured that the company retained customer data for just 90 days after a purchase. Coinkite Faces Criticism For Leveraging Customer […]
Bitcoin.com News•Sergio Goschenko2 Aug
Coldcard users face urgent seed migration warning
Coldcard users are urged to replace vulnerable seeds after Galaxy traced 1,367.05 BTC, worth $88.6 million, across 4,585 addresses.
Bitcoin ETFs gain fresh case after $89M Coldcard drain, says Balchunas
Bloomberg analyst Eric Balchunas says the $88.6M Coldcard drain strengthens Bitcoin ETFs, although institutional custody still carries risk.
U
Why $89 Million Coldcard Drain Is Bullish for Bitcoin ETFs, Bloomberg Analyst Explains
Bloomberg’s Eric Balchunas shares his take on a $89 million drain from Coldcard hardware wallets and how it provides the ultimate bull case for regulated spot Bitcoin ETFs.
U.Today•Gamza Khanzadaev2 Aug
Hardware Wallets Expose Bitcoin Holders to Massive Losses After Firmware Flaw Enables Remote Drains
A firmware bug in Coldcard devices allowed attackers to drain over 1,000 BTC worth around $70 million from dormant wallets in under an hour on July 30. Binance founder CZ urged users to diversify holdings across multiple wallets for better protection.
The Daily Hodl•Daily Hodl Agent2 AugU
Dogecoin Contributor Issues Critical Warning to Coldcard Wallet Users
Dogecoin contributor urges urgent step that could protect funds from risk.
U.Today•Tomiwabold Olajide2 Aug