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Author: CryptoPress

Coldcard Firmware Flaw Enables Over $116 Million Bitcoin Theft in Largest Hardware Wallet Exploit

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Attackers exploited a March 2021 firmware bug in Coldcard wallets to drain approximately 1,816 BTC (~$116 million) across multiple waves starting July 30, 2026. The vulnerability cut effective entropy to as low as 40 bits on older models, enabling remote brute-force of seeds without physical access. Coinkite released emergency firmware fixes, but existing seeds remain vulnerable and require full migration to new wallets. The incident ranks...

Cryptocurrencies, Hacks, News, Wallets

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Coldcard Hardware Wallet Losses Approach $130 Million as Galaxy Flags Ongoing Multi-Attacker Exploit

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Galaxy Research has high confidence that 1,596 BTC (over $100 million) was stolen from roughly 7,300 addresses across three confirmed attack waves plus 14 smaller incidents. Including a suspected fourth wave would raise the total to about 2,055 BTC, or roughly $130 million. At least 15 separate attackers are now exploiting the vulnerability; 90% of stolen coins have not moved. Coinkite has released emergency firmware updates and urged users...

Cryptocurrencies, Hacks, News

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BlackRock Launches Two Tokenized Money Market Funds Aimed at Stablecoin Reserves

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BlackRock launched the BlackRock Daily Reinvestment Stablecoin Reserve Vehicle (BRSRV) and OnChain Shares of its Select Treasury Based Liquidity Fund (BSTBL) on Monday. Both products invest in cash, short-term U.S. Treasuries and Treasury-backed repos and are structured to qualify as eligible reserve assets under the GENIUS Act. BSTBL OnChain Shares are issued on Ethereum with BNY as transfer agent; BRSRV supports multiple blockchains...

Crypto regulation, Cryptocurrencies, ETF, News, Regulation

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Coldcard Firmware Flaw Drains Nearly $89 Million in Bitcoin From Over 4,500 Addresses

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Attackers have swept 1,367.05 BTC (nearly $89 million) from 4,585 addresses linked to weak Coldcard-generated seeds across three waves. The largest wave on July 30 drained 1,082.65 BTC from 1,196 addresses in 41 minutes. Coinkite attributes the issue to a March 2021 firmware bug that reduced seed entropy and has released fixed versions while urging users to generate new seeds. Galaxy Research says the exploit remains ongoing and has reported...

Cryptocurrencies, News

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The Agentic Economy - Payment Layers & AI-native trading

The Agentic Economy: Kite Payment Layer & Bitget’s AI-native trading

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The next phase of crypto and AI is not more chatbots. It is machines that hold money, spend money, compete for money, and trade money under programmable constraints. This is the agentic economy: autonomous software agents acting as economic participants rather than mere interfaces. Messari’s work on Kite frames the core bottleneck clearly. Agents can already research, plan, and recommend. What they still largely cannot do is...

AI, Main, Trading

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