Hackers drained up to 594 BTC, approximately $70 million, from Coldcard hardware wallets in less than 30 minutes. Binance co-founder Changpeng Zhao responded by emphasizing that no crypto wallet, including hardware wallets, is completely secure. He advised users to spread their holdings across multiple wallets to reduce the impact of a potential exploit. This attack has shaken the crypto community’s confidence, as hardware wallets have long been regarded as one of the safest ways to store digital assets.
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