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Hardware Wallets Expose Bitcoin Holders to Massive Losses After Firmware Flaw Enables Remote Drains

A firmware bug in Coldcard devices allowed attackers to drain over 1,000 BTC worth around $70 million from dormant wallets in under an hour on July 30. Binance founder CZ urged users to diversify holdings across multiple wallets for better protection. The post Hardware Wallets Expose Bitcoin Holders to Massive Losses After Firmware Flaw Enables Remote Drains appeared first on The Daily Hodl.