HARDWARE-WALLET news
Curated crypto headlines with the on-chain context most tools skip. Written by the team behind Koinlytics.
Coldcard Losses Confirmed at 1,596 BTC and 90% of the Stolen Coins Have Not Moved Since
Galaxy Research puts the confirmed Coldcard firmware exploit total at 1,596 BTC across more than 7,300 addresses, over $100 million at current prices. Coinkite shipped patched firmware and destroyed vulnerable stock. Roughly nine in ten stolen coins have not moved.
A 2021 Firmware Bug Just Cost Coldcard Users 594 BTC in a 25 Minute Sweep
A build setting introduced in Coldcard firmware 4.0.0 back in March 2021 quietly turned hardware seeds into guessable ones, and attackers drained 594 BTC (about $38 million) in a single 25 minute window.
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