A security breach at Coldcard has resulted in the theft of $90 million in Bitcoin, with users urged to move funds to centralized exchanges. Galaxy
Category: Security
Smaller Bitcoin Transfers Reach Pre-FTX Levels Amid Suspected Coldcard Hack
Bitcoin transfers of less than 1 BTC have surged to their highest daily level since November 2022, according to data from CryptoQuant, as concerns over
Coldcard Incident Sparks Record Fear in Bitcoin Community
The Bitcoin community is gripped by unprecedented anxiety following a security breach at Coldcard, with sentiment data pointing to a historic low in investor confidence.
Binance Founder Warns Against Overreliance on Hardware Wallets After Bitcoin Exploit
Binance founder Changpeng “CZ” Zhao has urged cryptocurrency users to reconsider their trust in hardware wallets following a significant Bitcoin theft linked to Coldcard devices.
Zcash’s ZEC Surges 22% Amid Grayscale’s ETF Conversion Efforts
Zcash’s native token, ZEC, rose over 22% in 24 hours to $818.77 as of Saturday, marking its highest price since 2018. The surge followed a
Cybersecurity Firm Rapid7 Unveils Operation Asterix Phishing Campaign Targeting 885,000 Phone Numbers
A global phishing campaign, dubbed Operation Asterix, has been uncovered by cybersecurity firm Rapid7, targeting over 885,000 phone numbers across multiple countries. The scheme, which
Compound Finance replaces leadership, approves $52 million budget to attract institutional capital
Compound Finance, a decentralized finance lending protocol, has replaced its leadership team and approved a $52 million budget to attract institutional users and expand into
Bitcoin Theft from Coldcard Wallets Reveals Firmware Flaw and Licensing Changes
Attackers exploited a firmware flaw in Coldcard hardware wallets, generating wallet seeds with insufficient randomness and siphoning nearly $114 million from over 709 addresses. The
Demand for US Spot Bitcoin ETFs Surges Amid Regulatory Uncertainty
Roughly $1 billion in net inflows has been recorded this week for US spot Bitcoin exchange-traded funds (ETFs), their strongest performance since April. The rebound
Bitcoin Hits August Highs Amid Weaker US Jobs Data
Bitcoin and global risk assets surged on Monday after US nonfarm payrolls fell by 23,000 in July, prompting investors to reassess Federal Reserve policy expectations.