#ColdcardLossesGrow

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About ColdcardLossesGrow

Coldcard losses are growing. Galaxy Research says ~1,719 BTC worth ~$111M is confirmed stolen, with losses possibly topping $130M. Over 250 victims reported cases; if all pending claims are verified, losses could exceed 2,300 BTC. The suspected cause is an early firmware flaw involving weak seeds, not a failure of self-custody. Users should check old devices, update or move funds. BTCPay Server also warns of an exploited critical flaw and urges upgrades. Cold storage is not set-and-forget.

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