Archives

September 24, 2026 @ 3:13 am By Omar Faridi  |  

Ethical researchers appear to have done what many Coldcard victims had hoped for: they reached 52.37 bitcoin before thieves could empty the exposed wallets. Alex Thorn, Galaxy Digital’s (NASDAQ: GLXY) head of firmwide research, said those coins have now been gathered into a single address… Read More

September 8, 2026 @ 3:56 am By Omar Faridi  |  

The operator behind the so-called Wave 3 cluster of Coldcard hardware-wallet thefts has begun systematically cashing out stolen bitcoin after weeks of inactivity, according to a Monday update from Galaxy Research. Galaxy’s on-chain team says the actor created 293 separate 2-of-2 multisignature vaults, one for… Read More

August 26, 2026 @ 12:27 am By Omar Faridi  |  

Coinkite, the Canadian firm behind the Coldcard Bitcoin hardware wallet, has rolled out a significant firmware upgrade in the wake of a major security incident that saw substantial amounts of Bitcoin drained from affected devices. The company is urging owners to act promptly, highlighting that… Read More

August 3, 2026 @ 8:18 am By Omar Faridi  |  

Following a significant security incident involving Coldcard hardware wallets, Binance founder Changpeng Zhao (CZ) has advised crypto holders to consider spreading their assets across multiple wallets. The event underscores that even reputable offline storage solutions are not immune to flaws and highlights the ongoing challenges… Read More

August 3, 2026 @ 5:16 am By Omar Faridi  |  

A critical vulnerability in certain Coldcard hardware wallets has led to substantial Bitcoin losses, with researchers tracking approximately 1,367 BTC drained from more than 4,500 addresses. The estimated value of the stolen funds has climbed toward $90 million as of early August 2026, according to… Read More