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The amount of stolen bitcoins from Coldcard wallets reached 1,082~BTC ($70million) – in 41minute, the attacker emptied 1,196 addresses

№ 1176Published Updated 1 min read

According to Galaxy Research, the reason was the weak generation of seed-phrases – keys were predictable, so wallets were massively opened and cleaned automatically.

CZ reminded that hardware wallets also DO NOT offer absolute protection and advised to distribute funds across multiple devices.

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The amount of stolen bitcoins from Coldcard wallets reached 1,082 BTC | $uicideChain