Bitcoin's BIP-110 anti-spam fork fails, U.S. crypto clarity vote gets delayed to September, and a massive Coldcard wallet hack drives renewed focus on security and institutional custody.
A catastrophic low-entropy bug in Coldcard hardware wallets, affecting firmware versions 4.0.1 and later, has led to over $100 million in Bitcoin thefts, prompting users to re-evaluate trust assumptions and adopt physical entropy methods like dice rolling.
US spot Bitcoin ETFs recorded $620 million in inflows over consecutive days following a $116 million Coldcard wallet hack, sparking renewed debate among investors regarding the risks and security of self-custody versus institutional funds.
US spot Bitcoin ETFs drew over $380 million in net inflows over two days as the Coldcard hardware wallet hack renewed investor interest in institutional custody solutions.
Attackers exploited a firmware flaw in Coldcard hardware wallets, regenerating private keys to steal over $89 million in Bitcoin from thousands of addresses. The ongoing exploit, potentially orchestrated by AI, highlights a critical vulnerability in self-custody solutions.
Smaller Bitcoin transfers reached levels not seen since FTX collapse, with 39,600 BTC moved on Friday, amid an ongoing suspected Coldcard hack. The incident, which has drained 1,367 BTC ($88.6M) from 4,585 addresses, reignites debate over Bitcoin self-custody vs. third-party platforms.
