Coldcard — page 11

$1.6 Million Drained in a Blink: User Recounts His Dramatic Coldcard Wallet Hack

A Canadian entrepreneur lost more than $1.6 million in Bitcoin (BTC) from a Coldcard hardware wallet in under seven minutes, part of a wave that may total 1,367.05 BTC. The case exposes an uncomfortable truth about self-custody: doing everything right may not be enough. How One Holder Lost 18 BTC in Seven Minutes Cold storage

BeInCrypto•Luis Blanco2 Aug

AI Stocks Trade Like Memecoins While Bitcoin Barely Moves – Week in Review

This editorial is from this week’s edition of the newsletter Week in Review, sent to subscribers on Friday. Subscribe to the newsletter to get this weekly editorial the second it’s finished. The newsletter also includes the biggest stories of the week, with a comment on each story. First, an important security warning. Coldcard users, pay […]

Bitcoin.com News•David Sencil2 Aug

Unlike the FTX collapse, the $89 million Coldcard exploit has investors sending bitcoin back to exchanges

CoinDesk•Omkar Godbole2 Aug

Coldcard exploit now hits 4,585 wallets – Attacker still holds $88.6M stolen BTC

The suspected Coldcard exploit continued expanding as investigators link more wallets and Bitcoin to the broader attack.

AMBCrypto•Muriuki Lazaro2 Aug

Coldcard Bitcoin losses rise to $88.6M in third wave

Galaxy estimates three Coldcard-linked attack waves drained 1,367.05 BTC, worth $88.6 million, from 4,585 Bitcoin addresses.

Crypto.news•Olivia Stephanie2 Aug

Coldcard hack sparks biggest sub-1 BTC move since FTX: CryptoQuant

Bitcoin users moved 39,600 BTC in small transactions as the Coldcard hack continued, with researchers warning that the attack remained active.

Cointelegraph•Cointelegraph by Helen Partz2 Aug

Ledger, Trezor say ‘funds are safe’ after Coldcard flaw helps hacker steal 38M Bitcoin

BTC sentiment fell to a four-month low after Coldcard's $38M exploit.

AMBCrypto•Benjamin Njiri2 Aug

Galaxy Research identifies 1,367 BTC drained in attacks on Coldcard addresses

The Coldcard breach highlights critical vulnerabilities in hardware wallet security, urging investors to reassess their digital asset protection strategies.

CryptoBriefing•Editorial Team1 Aug

Coldcard Theft Balloons to $88M as Exchange Deposits Spike, Old BTC Moves

A suspected third wave of Coldcard-related bitcoin sweeps has pushed the observed incident to an estimated 1,367 BTC, while exchange deposits and long-dormant wallet activity have added two more signals for analysts to watch. A Third Wave Expands the Damage Galaxy Research disclosed on X that the three suspected waves drained about 4,585 addresses and […]

Bitcoin.com News•Jamie Redman1 Aug

CZ Warns Bitcoin Holders After $70 Million Wallet Exploit: 'Nothing Is 100%'

The Binance founder urged holders to spread funds across multiple wallets as Galaxy Research put the toll from the Coldcard exploit at roughly $70 million—nearly double the initial estimate.

Decrypt•Decrypt Staff1 Aug

'Nothing Is 100%,' Binance's CZ Reacts as $70 Million Coldcard Exploit Stirs Panic

Binance's CZ has encouraged crypto users to stay vigilant and maintain precautions in holding crypto assets, explaining to them that nothing guarantees 100% safety.

U.Today•Caroline Amosun1 Aug

Coldcard Exploit Fuels Market Fear as 2 Bitcoin Forks Loom Ahead

Bitcoin slipped below $63,000 this week as a major hardware wallet security incident rattled confidence just as traders are preparing for two separate August events that could influence sentiment across the network. The world’s largest cryptocurrency traded between roughly $62,300 and $63,100 during early Saturday trading sessions after briefly pushing above $65,000 a day earlier. […]

Bitcoin.com News•Jamie Redman1 Aug

Bitcoin Bullish Sentiment Falls to Historic Low: Here Is Why

Bitcoin social sentiment shifts rapidly in response to the recent Coldcard firmware exploit that saw investors collectively lose funds worth over $70 million.

U.Today•Caroline Amosun1 Aug

Binance’s CZ warns users to split funds after $70M Coldcard exploit

The Coldcard exploit highlights the critical need for diversified security strategies in crypto storage, balancing complexity with risk management.

CryptoBriefing•Editorial Team1 Aug

Bitcoin Fear Reaches Record High as Coldcard Exploit Shakes Confidence in Self-Custody

The Coldcard firmware exploit has reignated concerns about the security of hardware wallets and self-custody.

CryptoPotato•Jordan Lyanchev1 Aug

Was AI Responsible for Finding the Coldcard Security Flaw?

A five-year-old Coldcard software flaw may have allowed an attacker to reconstruct private keys and sweep more than 1,100 bitcoin, prompting the wallet’s maker to blame the discovery partly on artificial intelligence (AI). A Coordinated Sweep Empties Hundreds of Wallets The incident became public after roughly 594 BTC, valued near $38 million at the time, […]

Bitcoin.com News•Jamie Redman1 Aug

Coldcard Bitcoin loss estimate rises to $70M after Galaxy analysis

Galaxy Research identified 1,196 addresses that lost 1,082.65 Bitcoin in a 41-minute window, expanding the estimated scope of the Coldcard wallet incident.

Cointelegraph•Cointelegraph by Helen Partz1 Aug

Binance founder CZ calls for wallet diversification after $70 million Coldcard exploit

CoinDesk•Omkar Godbole1 Aug

$70 Million Gone in 40 Minutes: CZ Weighs in on Coldcard Fallout

A Coldcard firmware bug let thieves rebuild seeds and drain $70 million in BTC. CZ says no wallet is fully safe.

BeInCrypto•Lockridge Okoth1 Aug

A build error in Coldcard’s firmware drained $38 million in bitcoin in 25 minutes

Coinkite says an attacker used AI to find a flaw its own AI review missed, exposing 500 wallets to a seed generation bug that reduced 128 bits of entropy to 40. Summary An attacker drained 594 BTC, approximately $38 million,…

Crypto.news•Andrew Folkler1 Aug