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Massive Bitcoin thefts just hit thousands of hardware wallet users as attackers exploited a five-year-old bug in Coldcard’s firmware. Even wallets kept fully offline weren’t safe—no phishing, no dodgy computers, funds simply disappeared.
We break down how the bug worked, which wallets got drained, why your setup could still be at risk, and exactly what to do before it’s too late. If you keep your crypto in so-called “safe” self-custody, you can’t afford to miss this.
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~ TIMESTAMPS ~
0:00 Bitcoin’s “Safest” Wallet Just Got Hacked
2:05 How Offline Wallets Were Drained
4:10 The 5-Year-Old Seed Phrase Bug
6:15 How Attackers Cracked the Wallets
8:20 The 3 Security Steps That Saved Users
10:25 Why a Firmware Update Is NOT Enough
12:30 Other Wallet Bugs You Need to Know
14:35 The Emergency Fix for Coldcard Users
16:00 Is Self-Custody Still Safe?
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📜 Disclaimer 📜
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial, legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.
#crypto #coldcard #hack
