Coldcard Issues High-Priority Security Alert, Urges Bitcoin Migration
Coldcard (@COLDCARDwallet) issued a high-priority security alert urging all users to immediately migrate their Bitcoin holdings and generate entirely new recovery seeds, confirming the cryptographic threat remains active. This follows reports of a hack causing significant losses for Canadian Bitcoin holders, with Galaxy Research estimating total losses exceeding $100 million and potentially reaching $130 million. On-chain data suggests the fears are driving wallet migration rather than mass Bitcoin selling, with exchange inflows mainly coming from wallets holding less than 1 BTC.
Detected & updated continuously · Source: Nebula
Sources
@BSCNews
Coldcard Warns Threat Is Still Ongoing @COLDCARDwallet issues a high-priority security alert, urging all users to immediately migrate their $BTC holdings and generate entirely new recovery seeds. The manufacturer confirms that the cryptographic threat remains active following https://t.co/HScmPA84OZ
@Crypto_TomP
THE BLOCK: ผู้ถือ Bitcoin ในแคนาดาต้องแบกรับความสูญเสียถึง 25% จากการแฮ็ก COLDCARD ครั้งล่าสุด ตามรายงานของ Chainalysis ก่อนหน้านี้ Galaxy Research กล่าวว่า ความสูญเสียโดยรวมทะลุ 100 ล้านดอลลาร์แล้ว และอาจสูงถึง 130 ล้านดอลลาร์ ท่ามกลางการโจมตีที่ยังคงดำเนินอยู่ https://t.co/ciipHjxOMS
@Lee_QuantX
🚨 #COLDCARD (@COLDCARDwallet) fears appear to be driving wallet migration—not mass #Bitcoin selling. 📊 Recent on-chain data shows exchange inflows are mainly coming from wallets holding less than 1 BTC, while deposits from larger holders continue to decline. 💡 This suggests https://t.co/PwoHS57pdP