Solana Foundation Assesses $116M Coldcard Wallet Breach Impact
Coldcard Wallet Breach Drains $116 Million, Exposing Seed Phrase Vulnerabilities A significant security breach targeting Coldcard hardware wallets has resulted in approximately $116 million in losses, drawing sharp attention to fundamental weaknesses in crypto wallet security practices. The Solana Foundation disclosed the incident, attributing the exploit to guessable seed phrases that allowed attackers to compromise ...