Canada Among The Hardest Hit By Coldcard Exploit

Hardware wallets are among the safest solutions for storing bitcoins offline. However, this certainty has just been shaken. A critical flaw discovered in the Coldcard ecosystem allowed the theft of 116 million dollars, revealing a software vulnerability that went unnoticed for five years. The case questions the reliability of self-custody tools, as digital sovereignty emerges as a pillar of the Bitcoin ecosystem. The losses, mostly concentrated in Canada, further emphasize the scale of this incident.

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