Self Custody

Attackers have drained nearly $114 million in bitcoin from more than 709 addresses after exploiting a Coldcard firmware flaw that weakened wallet seed randomness. The incident is forcing the self-custody community to confront uncomfortable questions about verification, reputation, and how security review is encouraged or discouraged.

SafePal disclosed a security incident that exposed names, physical addresses and contact details tied to customer orders. The crypto wallet provider said funds, seed phrases, private keys, bank information and government IDs were not affected.

Trezor says nearly 14,000 customers had personal information exposed after unauthorized access at fulfillment partner ShipMonk. The hardware wallet maker says its own systems and devices remain secure, but affected users face elevated phishing risks.

Russian retailers reported a sharp increase in hardware crypto wallet sales as new rules for digital assets move closer. The surge highlights growing interest in self-custody, even as legal limits and device-security risks remain firmly in place.

The Coldcard wallet exploit has intensified debate over the operational risks of bitcoin self-custody after at least 1,816 BTC was drained from more than 5,200 addresses. Analysts say the breach could support demand for spot bitcoin ETFs and regulated custody platforms as some investors reassess how they hold crypto exposure.

A five-year-old Coldcard firmware flaw led to the theft of almost 1,600 BTC from around 7,300 addresses, intensifying debate over bitcoin self-custody. FXCOINZ finds that many affected holders are not abandoning self-custody, but are shifting toward collaborative multisig models designed to reduce single-device risk.

A bitcoin wallet linked to the Coldcard hacker is receiving small deposits carrying permanent on-chain messages, ranging from pleas for refunds to opportunistic pitches. The activity highlights how Bitcoin’s OP_RETURN function can turn a theft address into a public, immutable message board.

A Bitcoin wallet inactive since 2013 moved 500 BTC worth about $31.3 million on Monday, drawing attention as long-dormant coins began shifting on-chain. The movement comes during a broader security crisis tied to Coldcard hardware wallets, with market participants watching whether old holders are migrating funds out of caution.

Bitcoin holders are moving funds back to centralized exchanges after a Coldcard hardware wallet vulnerability raised fresh concerns about self custody. On chain data shows smaller transfers and exchange deposits spiking in a pattern that contrasts sharply with the response to FTX’s collapse.

Binance founder Changpeng Zhao has urged crypto holders to spread funds across multiple wallets after a major Coldcard hardware wallet exploit. The incident exposed a long-running firmware flaw that allowed an attacker to reconstruct private keys offline and drain bitcoin from affected addresses.

Bitcoin is on track to end July with a gain of about 7.5%, even after sliding below $63,000 and facing pressure from rate-hike fears, higher bond yields, an AI-linked sell-off and a Coldcard security incident. Market participants say reduced leverage helped limit forced selling, while U.S. jobs data, Federal Reserve expectations and spot bitcoin ETF flows may shape the next move.

A firmware flaw in Coinkite’s Coldcard hardware wallet has been linked to the theft of nearly 600 bitcoin, worth roughly $38 million so far. The incident is forcing Bitcoin investors to reconsider the trade-offs between self-custody, professional custodians and spot Bitcoin ETFs.