Galaxy Digital and Duel Casino Clash Over 230 ETH Linked to Coldcard Exploit

Alex Thorn, Head of Firmwide Research at Galaxy Digital, criticized Duel Casino for refusing to block nearly 230 ETH allegedly stolen from a victim of the Coldcard vulnerability. Nonetheless, Duel Casino refused to freeze the funds without having evidence linking them to the hack.   Coldcard Hack Spreads: Duel Casino Refuses to Freeze Funds Without … Read more

Coinkite Faces Class Action Threat as Bitcoin Wallet Bug Costs Users Over 1,300 BTC

Coinkite, the company behind Coldcard, the hardware wallet affected by a vulnerability in its seed generation code, might face legal action from victims who have lost over $88 million in BTC over the last two days. Users Prepare To Exert Legal Action Against Coinkite Over Coldcard Vulnerability Coinkite, the company behind the Coldcard series of … Read more

Coinkite Under Fire for Retaining Customer Emails After $88M Coldcard Hack

The company, which is facing issues with its Coldcard wallet, sent security notices to customers to warn them about the high risk of losing their bitcoin. Nonetheless, Rodolfo Novak, co-founder and CEO of Coinkite, had assured that the company retained customer data for just 90 days after a purchase. Coinkite Faces Criticism For Leveraging Customer … Read more

Seed Phrases: The 12 Words Standing Between You and Losing Everything

On Jan. 10, 2026, a bitcoin and litecoin holder handed over their 12-word recovery phrase to someone posing as Trezor support and watched $282 million vanish in minutes, not because any encryption was broken, but because those 12 words are the entire wallet, and whoever holds them holds the funds. The Words Aren’t a Password. … Read more

Was AI Responsible for Finding the Coldcard Security Flaw?

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

The Coldcard Exploit Explained: Who Lost Bitcoin and Who’s at Risk

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

Coldcard Attacker Stole $30M in 10 Minutes by Targeting Big Wallets

Chainalysis found that the Coldcard attacker stole roughly $30 million within 10 minutes after prioritizing the largest wallets. The $38 million-plus sweep reached 500 wallets and exposed lasting risks for seeds created on vulnerable firmware. Attacker Prioritized Coldcard Wallets With the Largest Balances Blockchain analytics firm Chainalysis revealed on July 31 that the attacker targeted … Read more

Coinkite Warns Coldcard Mk3 Owners After Reports of $38M Bitcoin Loss

Coinkite issued a security advisory Thursday warning owners of its Coldcard Mk3 hardware wallet that funds tied to certain firmware versions may be at risk. Hardware wallet incidents rarely unfold as isolated events. When long-dormant addresses begin moving in a tightly coordinated pattern, the timing alone warrants scrutiny. That was the case on July 30, … Read more

Trezor Adds USDC and USDT Yield to Suite, Targeting 2 Million Hardware Wallet Users

Trezor added native stablecoin yield to Trezor Suite on Thursday, letting users earn on USDC and USDT without leaving the hardware wallet’s interface. Trezor Rolls out Native Yield on USDC and USDT Powered by Morpho Vaults The Prague-based company Trezor integrated Morpho, a decentralized lending protocol running on Ethereum since 2022, to power the feature. … Read more

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