Coldcard Wallet Hacked: Millions in Bitcoin Stolen in Coordinated Attack

A critical vulnerability in Coldcard hardware wallets allowed an attacker to steal millions of dollars worth of Bitcoin in a coordinated 25-minute attack. The exploitation of weak seeds generated by certain Coldcard units resulted in hundreds of affected addresses on July 30, representing one of the most significant security risks ever identified in the cryptocurrency ecosystem.
Detailed analysis from Galaxy Research connected approximately 1,196 addresses to the incident, highlighting the fundamental importance of generating truly random and secure seeds. This attack serves as a critical warning to all hardware wallet users, emphasizing the immediate need for firmware updates and the adoption of more robust security practices across the cryptocurrency industry.
This is a summarized and adapted version by Artificial Intelligence. To read the complete original story, visit the official source.
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