The Coldcard vulnerability shows that certain parts of our industry still have a lot of maturing to do. Ossified tech cannot attract the best talent. Dynamic ecosystems, like Avalanche and Ethereum, tend to be where the trustworthy innovation takes place.
THIS IS INSANE. 🤯
$38 million were drained from 500 Bitcoin wallets in 25 minutes. The attacker never touched a single device.
Here's what actually happened:
Coldcard, one of the most trusted hardware wallets in Bitcoin, shipped a firmware bug in March 2021. Devices running
