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Tag: Wallets

Ledger Confirms Unauthorized Hardware Implant Amid $93 Million CryptoBilis Wallet Drain Probe

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Ledger confirmed an unauthorized hardware implant in one affected user’s device purchased via CryptoBilis. On-chain estimates put losses at up to $93.2 million across 315 wallets on six chains. The company says its own systems remain uncompromised and urged recent buyers to avoid setup or move funds to a new seed. Hardware wallet maker Ledger has confirmed that one device linked to reported fund losses contained an unauthorized...

Cryptocurrencies, News, Wallets

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Ledger Investigates Potential $86M+ Wallet Drains Tied to CryptoBilis Reseller

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Hardware wallet maker Ledger is investigating reports of fund losses involving customers in Southeast Asia who bought devices from authorized reseller CryptoBilis, according to a statement posted by Ledger Support on X on October 9. The company said it had asked CryptoBilis to pause all sales and shipments of Ledger devices as a precaution while the probe continues. In the same post, Ledger recommended that users who purchased from the...

Cryptocurrencies, News, Wallets

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Consensys to Split Into Independent MetaMask and Institutional Ethereum Firms by Year-End

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Key Takeaways Consensys Software Inc. will rebrand as MetaMask, with Joe Lubin as chairman and CEO, while a newly formed Consensys takes Linea and institutional Ethereum infrastructure. The corporate separation is expected to be completed by the end of 2026. MetaMask users will see no change to their app, assets, keys or access. MetaMask reports more than 100 million downloads across about 190 countries and trillions of dollars...

Cryptocurrencies, dApps, News, Wallets

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Bitcoin’s Post-Coldcard Migration - Self-Custody Crisis or Exchange Resurgence.

Bitcoin’s Post-Coldcard Migration: Self-Custody Crisis or Exchange Resurgence?

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A five-year-old firmware build error in Coldcard hardware wallets turned one of Bitcoin’s most trusted self-custody tools into the largest hardware wallet exploit on record. Starting July 30, 2026, attackers exploited weak entropy in seed generation—routing through a software PRNG instead of the intended hardware RNG—draining roughly 1,600–2,000 BTC (estimates ranging $116–130 million) across thousands of addresses in successive waves. No...

Bitcoin, Exchanges, Main, Wallets

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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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