A group of white hats appears to have pulled off something victims of the Coldcard exploit desperately needed, securing 52.37 BTC before malicious attackers could steal it. Galaxy Digital’s Head of Firmwide Research, Alex Thorn, says the bitcoin, representing 2.8% of the exploited funds, has now been consolidated into an address controlled by Crypto Recovery […]
Bitcoin.com News•Jamie Redman18h ago
Bitcoin Magazine White Hats Move Over $4.5 in Bitcoins From Coldcard to Recovery Trust White hats have moved bitcoin from the hacked Coldcard signing devices to a trust for would-be victims to reclaim, Galaxy Digital’s Alex Thorn has said. Writing on X on Monday, Thorn said that the funds were taken by white hats to protect potential victims. They are now apparently sitting in an address controlled by Crypto […] This post White Hats Move Over $4.5 in Bitcoins From Coldcard to Recovery Trust first appeared on Bitcoin Magazine and is written by Mathew Di Salvo .
The latest movement includes funds from Wave 2, Footprint AX and other Coldcard-linked address clusters.
AMBCrypto•Ishika Kumari22 Sept
White hats secured about 40% of the Bitcoin moved in the Coldcard exploit’s second wave, transferring it to a Wyoming trust for victims.
Cointelegraph•Cointelegraph by Helen Partz22 Sept
CoinDesk•AI Boost22 Sept
Is the Coldcard exploit slowly and steadily turning into a large-scale Bitcoin laundering operation?
AMBCrypto•Ishika Kumari7 Sept
The perpetrator of the third wave attack against the Coldcard wallet has escalated the pace of transferring funds, reports Galaxy Research. The exploiters have transferred approximately 45% of the Bitcoin stolen from the third wave so far. These transfers indicate a pattern of using methods that make blockchain tracking difficult.
TheNewsCrypto•Lakshya Baskar7 Sept
The incident highlights vulnerabilities in crypto security, emphasizing the need for robust safeguards and collaboration to prevent future breaches.
CryptoBriefing•Editorial Team7 Sept
Galaxy said 82% of Bitcoin stolen across all Coldcard attacks remains in the original addresses, with 18% moved in apparent laundering.
Cointelegraph•Cointelegraph by Zoltan Vardai7 Sept
The third-wave Coldcard exploiter moved about 10% of stolen funds through THORChain as researchers traced the assets to a new Ethereum address.
Cointelegraph•Cointelegraph by Helen Partz3 Sept
Following the Coldcard exploit that occurred 30 days ago in July, the episode and others that followed appear to have rattled many long-term holders, as August brought an enormous wave of dormant coins moving to new addresses. According to the latest metrics, 6,427.59 dormant BTC worth $507 million moved for the first time in years […]
Bitcoin.com News•Jamie Redman30 Aug
More than 87% of the Bitcoin attributed to the Coldcard hack has remained unmoved, leaving 1,561 BTC under attacker control after researchers linked the exploit to $114.7 million in losses. Galaxy Research has traced 1,789.28 BTC stolen from 8,865 addresses…
Galaxy Research’s latest tally shows that more than half of 221 Coldcard hack victim reports involved individual losses exceeding 1 Bitcoin.
Cointelegraph•Cointelegraph by Helen Partz25 Aug
Firmware 5.6.1 and 1.5.1Q harden new wallet creation but cannot repair a seed made on an affected release.
CryptoSlate•Liam 'Akiba' Wright23 Aug
Coinkite has released new Coldcard firmware that forces users to provide their own randomness when generating new wallet seeds.
Coinkite's new firmware adds hand-entered entropy and stricter transaction checks to its Coldcard wallets.
Coinkite urged Coldcard users to generate new seed phrases, warning that existing vulnerable seeds remain unsafe despite the security upgrade.
Cointelegraph•Cointelegraph by Zoltan Vardai21 Aug
Coldcard has released firmware versions 5.6.1 and 1.5.1Q after a three-week security review, while warning that users with affected seed phrases must create new wallets and move their Bitcoin. Coldcard firmware adds mandatory user entropy Coldcard said in an Aug.…
Investigators traced the first Coldcard theft wave to a paid data account, but the FBI has not confirmed identifying or charging anyone.
Amid August’s wave of dormant bitcoin suddenly waking up after the Coldcard exploit, a relic from 2012 joined the action, moving 212 BTC worth $13.72 million after sitting untouched for more than 14 years. Vintage BTC Holder Realizes a 584,725% Gain August has turned into a graveyard awakening for long-dormant bitcoin, with coins untouched for […]
Bitcoin.com News•Jamie Redman18 Aug