A suspected fourth wave of attacks targeting Coldcard hardware wallets has led to the theft of 389 Bitcoin, according to reports. The incident highlights ongoing security challenges faced by Coldcard users amid rising crypto thefts.
Alex Thorn, head of research at Galaxy, warned via CoinTelegraph that some Coldcard users might have a limited chance to recover their funds due to unconfirmed transactions. This suggests that swift action could mitigate further losses for affected users.
As Japan continues to expand its crypto market and tighten regulations, security concerns around hardware wallets remain a critical focus for both retail and institutional investors.