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#Crypto wallet breach

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Ledger Claims CryptoBilis Hack Cases Are Limited as $93M Traced and $10M Frozen
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Ledger Claims CryptoBilis Hack Cases Are Limited as $93M Traced and $10M Frozen

Key Highlights: Stablecoin issuer Tether froze illicitly transferred funds following an exploit, with onchain analytics firm Bitquery reporting that approximately $81 million remained traceable as of October 11. Hardware wallet manufacturer Ledger faced public criticism after attempting to isolate the incident to authorized reseller CryptoBilis, despite the vendor being officially listed on Ledger’s platform. Unlike ...

Solana Foundation Assesses $116M Coldcard Wallet Breach Impact
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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 ...