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Coldcard Wallet Incident Highlights the Growing Threat to Bitcoin Self-Custody - Tekedia

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Key summary

2 min read
  1. More than 500 BTC were reportedly stolen from Coldcard hardware wallet users, raising fresh concerns about Bitcoin self-custody security.

  2. Investigators are looking at phishing, supply-chain compromise, malicious firmware, or seed-phrase exposure rather than a direct hardware flaw.

  3. The incident shows that hardware wallets alone are not enough and that user operational security remains a major risk factor.

  4. As self-custody adoption grows, device verification and user education are likely to draw even greater emphasis.

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