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Nearly $32 Million in ‘Dormant’ Bitcoin Moves After Coldcard Hack Reaches Estimated $130M

Bitcoin Magazine Nearly $32 Million in ‘Dormant’ Bitcoin Moves After Coldcard Hack Reaches Estimated $130M Bitcoin worth close to $32 million moved for the first time in 12 years yesterday. This post Nearly $32 Million in ‘Dormant’ Bitcoin Moves After Coldcard Hack Reaches Estimated $130M first appeared on Bitcoin Magazine and is written by Mathew Di Salvo .

Bitcoin MagazineBitcoin MagazineMathew Di Salvo4 Aug

Coldcard crisis hits $130 million – proving ‘not your keys’ is meaningless if you trust a single device to generate them

Block's Bitcoin Engineering and Security team and independent Bitcoin Core developers have traced the recent batch of Coinkite Coldcard wallet losses to a specific firmware defect that exposed a hidden weakness in Bitcoin self-custody before any user touched a seed phrase. The bug diverted the device's random-number generation from its STM32 hardware source to MicroPython's […]

CryptoSlateCryptoSlateGino Matos4 Aug