389 Bitcoin Stolen in Suspected 4th Coldcard Attack Wave — Here's What Hardware Wallet Users Need to Know
4h ago · 1 source
A suspected fourth wave of attacks targeting Coldcard hardware wallets has reportedly swept 389 Bitcoin, according to Galaxy Digital's security research arm, Thorn. The incident raises ongoing concerns about hardware wallet vulnerabilities and the security of self-custody solutions for Bitcoin holders.
WHY IT MATTERS
Think of a hardware wallet like a personal safe for your cryptocurrency — it's a physical device that stores your digital keys offline, making it much harder for hackers to steal your funds remotely. Coldcard is one of the most trusted brands in this space, specifically designed for Bitcoin. The fact that attackers have allegedly found a way to steal Bitcoin from these devices — for the fourth time — is like discovering that a top-rated home safe brand has a recurring flaw that burglars keep exploiting. For anyone holding Bitcoin, this is a reminder that no security solution is perfect, and it's important to stay updated on best practices, use backup security measures, and verify that your devices haven't been tampered with.
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Educational only — not financial advice.