🚨 SECURITY ALPHA: Critical vulnerability in Coldcard cold wallet - Hacker siphoned over $72 million USD! 🚨
Summary of the worst security incident last week for the Crypto hardware sector:
👉 Direct losses: 1,158.84 BTC (worth over $72 million) was successfully stolen from 2,686 compromised Coldcard devices.
👉 Localized risk: This exploit only targets the unique security architecture of the Coldcard wallet line.
👉 Reassurance: Ledger and Trezor have officially issued confirmations that their device lines are NOT affected by this security vulnerability.
The lesson "Not your keys, not your coins" now needs to be updated to: Having keys doesn’t necessarily keep your coins safe if the hardware has a vulnerability! No solution is 100% absolutely safe. 🛡⚡️
$BTC #ColdcardFlawDrains594BTC
Summary of the worst security incident last week for the Crypto hardware sector:
👉 Direct losses: 1,158.84 BTC (worth over $72 million) was successfully stolen from 2,686 compromised Coldcard devices.
👉 Localized risk: This exploit only targets the unique security architecture of the Coldcard wallet line.
👉 Reassurance: Ledger and Trezor have officially issued confirmations that their device lines are NOT affected by this security vulnerability.
The lesson "Not your keys, not your coins" now needs to be updated to: Having keys doesn’t necessarily keep your coins safe if the hardware has a vulnerability! No solution is 100% absolutely safe. 🛡⚡️
$BTC #ColdcardFlawDrains594BTC