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15+ attackers exploited Coldcard vulnerability: Galaxy

August 4, 202611:38 AM
15+ attackers exploited Coldcard vulnerability: Galaxy

At least 15 distinct attackers have exploited the Coldcard hardware wallet vulnerability, according to Galaxy Digital's head of research Alex Thorn. This security breach could have been prevented with just $2 worth of AI hardening, according to Dragonfly's managing partner. Victim reports continue to surface, with one recent case involving 12 BTC stolen from 126 addresses, demonstrating the widespread impact of this vulnerability.

The incident underscores the increasing sophistication of attacks targeting cryptocurrency hardware wallets and the critical importance of robust security measures. Galaxy Digital is actively working to identify all involved attackers, as the nature of this exploit differs significantly from typical centralized exchange breaches. Coldcard users are advised to closely monitor their funds and consider additional protective measures in the wake of these ongoing attacks.

This is a summarized and adapted version by Artificial Intelligence. To read the complete original story, visit the official source.

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