Coldcard Losses Hit $114M as Bitcoin Transfers Plummet

Coldcard wallet has suffered losses approaching $114 million in a coordinated attack, as Bitcoin transfers under 1 BTC reached levels not seen since the days following the FTX collapse. Galaxy Research has flagged a likely fourth wave of thefts targeting the cryptocurrency ecosystem. This incident occurs at a time of growing concern over hardware wallet security, with small transfers potentially indicating money laundering attempts or efforts to disperse stolen funds. The Bitcoin community is on high alert as experts warn that new vulnerabilities may be exploited by organized hacking groups.
This is a summarized and adapted version by Artificial Intelligence. To read the complete original story, visit the official source.
Read Full Article at DecryptSupport Jornal Bitcoin
Independent journalism, curated by AI, no clickbait. Keep the flame alive with any amount of BTC.
jonata@walletofsatoshi.comDaily Crypto Brief 📬
Subscribe to receive the curation of the most important Bitcoin and crypto news, summarized by AI. No spam.
Join more than 10,000 smart readers.
Related News

Women Brazilian Hackers Create Revolutionary Bitcoin Solutions for Real-World Problems

Bernstein Warns: CLARITY Act Failure Could Speed Up SEC, CFTC Rulemaking
South Korean Giant Bithumb Exchange Sets Sights on 2028 IPO After Accounting Overhaul
This strategic move positions Bithumb to compete on a global scale and could accelerate institutional adoption of cryptocurrencies in the Asian market. The shift to international accounting standards will enhance financial transparency, a critical factor for attracting institutional investors and strengthening confidence in South Korea's burgeoning crypto ecosystem.

Solo Bitcoin miner pockets $200,000 as Coldcard wallet rocks market sentiment

EU Cracks Down on Anthropic, OpenAI with New AI Enforcement Powers
The EU's new oversight measures could reshape market dynamics, affecting valuations and strategic decisions of major AI firms and their investors. For the cryptocurrency sector, this may open new opportunities for decentralized AI solutions and on-chain governance projects, while investors will closely monitor how EU regulations shape the future of technology and its impact on global digital markets.
Market Meltdown Warning: Fed's H.4.1 Report Could Spark Forced Crypto Selling This Week
The yen carry trade strategy, which enables investors to borrow in low-rate currencies like the yen and invest in higher-yielding assets, has been a cornerstone supporting the crypto market. A reversal of this strategy, driven by Fed decisions, could force massive selling to cover positions, creating a domino effect throughout the cryptocurrency ecosystem. Traders should closely monitor the H.4.1 report, which details the Federal Reserve's balance sheet and may signal impending changes in monetary policy.
