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Bitcoin cold-wallet attack spreads to 4,500 addresses as losses near $89 million

Galaxy Research flagged a third wave of sweeps tied to weak Coldcard-generated keys, with the attacker now targeting smaller balances and changing how funds are collected onchain.Hacker facing screens with lines of code (Boitumelo/Unsplash)A vulnerability in a March 2021 Coldcard firmware release has enabled attackers to systematically drain bitcoin from thousands of wallets by reproducing keys generated with weak software-based randomness.Three distinct waves of attacks have now swept 1,367 bit...

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