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The Coldcard security incident entered another chapter after a public bitcoin transaction offered laundering services to the thief behind one of the largest self-custody bitcoin thefts ever recorded, while users also reported emergency firmware updates leaving some hardware wallets unusable. The new developments come just days after Coinkite disclosed that a long-dormant firmware flaw had … Read more
A suspected third wave of Coldcard-related bitcoin sweeps has pushed the observed incident to an estimated 1,367 BTC, while exchange deposits and long-dormant wallet activity have added two more signals for analysts to watch. A Third Wave Expands the Damage Galaxy Research disclosed on X that the three suspected waves drained about 4,585 addresses and … Read more
A five-year-old Coldcard software flaw may have allowed an attacker to reconstruct private keys and sweep more than 1,100 bitcoin, prompting the wallet’s maker to blame the discovery partly on artificial intelligence (AI). A Coordinated Sweep Empties Hundreds of Wallets The incident became public after roughly 594 BTC, valued near $38 million at the time, … Read more
An attacker exploited weak seeds generated by certain Coldcard hardware wallets to steal bitcoin worth roughly tens of millions from hundreds of addresses on July 30. According to a deep analysis from Galaxy Research, the core theft unfolded in a tightly coordinated burst lasting about 25 minutes, while broader analysis later connected roughly 1,196 addresses … Read more
The cryptocurrency hardware wallet manufacturer Ledger has raised €100 million ($109 million) in funding, according to the company’s disclosure on Thursday. Ledger CEO Pascal Gauthier says there has been significant demand for hardware wallets. He added, “2023 is even better for us because now you can’t even leave money at a Swiss bank.” Ledger to … Read more
Trezor, the manufacturer of crypto hardware wallets, has announced that it will take control of its wallet chip production process by producing its own silicon chips. The company states that the newly designed “chip wrapper” will enhance device security and considerably shorten lead times for mass production. Trezor ‘Unpacks Process’ and Produces Its Own Silicon … Read more
The Hong Kong-based crypto exchange Gate.io has launched a new type of hardware wallet that features fingerprint recognition. The device supports over 10,000 cryptocurrencies with wallet.io and multi-signature functionality with over 40 public chains. The well known cryptocurrency exchange, Gate.io, has announced the launch of the S1 hardware wallet that supports multi-signature functionality and a … Read more
There’s a lot of hardware wallets out there vying for your hard-earned satoshis. Minimalist USB sticks; credit card-shaped devices with monochrome screens; Bluetooth-enabled gadgets. The Ellipal Titan is a new offering that packs a lot into its $169 price tag. But there’s one thing conspicuously absent – connectivity. The Titan inhabits a vacuum, and for … Read more
In Tuesday’s edition of The Daily, we detail the theoretical vulnerability found in the Coldcard crypto wallet, coming just one month after its manufacturer ridiculed the flaw found in other hardware wallets. Sticking with vulnerabilities, we also consider the risks of leaving your funds on an exchange in the wake of Liqui’s demise and examine … Read more