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#Cryptocurrency security

22 Stories Found
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Renowned Bitcoin Advocate Nic Carter Issues Warning: “It Will Definitely Happen Within 10 Years”
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Renowned Bitcoin Advocate Nic Carter Issues Warning: “It Will Definitely Happen Within 10 Years”

Key Highlights: Venture capitalist Nic Carter has accelerated his quantum computing forecast, projecting that quantum capabilities will reach critical cryptographic thresholds within the next decade. Carter advocates for proactive Bitcoin network upgrades via a soft fork to post-quantum signatures, alongside a controversial proposal for the U.S. government to secure dormant early coins, including those belonging ...

Foundation Links Passport Phishing Emails to Compromised Cloudflare API Keys
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Foundation Links Passport Phishing Emails to Compromised Cloudflare API Keys

Key Highlights: Phishing emails targeting Foundation hardware wallet users have surfaced, containing accurate personal and purchase records such as names, addresses, and transaction histories. Attackers impersonated the official email address hello@foundation.xyz, attempting to trick recipients into revealing recovery seed phrases by claiming funds on their Passport devices were at risk. Foundation confirmed it is actively ...

Keystone Hardware Wallet Website Breach Exposes Customer Data
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Keystone Hardware Wallet Website Breach Exposes Customer Data

Key Highlights Hardware wallet manufacturer Keystone has patched a system vulnerability, blocked unauthorized access, and begun notifying affected customers directly via email. The firm issued an alert warning users against phishing schemes, highlighting that fraudsters may impersonate Keystone representatives offering refunds, replacement hardware, or shipment support. The incident adds to a growing wave of supply ...

Crypto Hacks Surge 55% to $1.2B as Private Key Thefts Drop 30%
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Crypto Hacks Surge 55% to $1.2B as Private Key Thefts Drop 30%

Key Highlights: Major September crypto security breaches at Bitget and the Liquid Network demonstrated distinct architectural breakdowns across instruction integrity, proof validation, and release mechanisms rather than direct private-key theft. Bitget suffered approximately $388 million in unauthorized transfers after attackers abused compromised privileged internal credentials to inject forged withdrawal instructions into otherwise secure custody environments. ...

Lopp’s Crypto Wrench Attack Map Reaches 702 Incidents After AI-Assisted Search
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Lopp’s Crypto Wrench Attack Map Reaches 702 Incidents After AI-Assisted Search

Key Highlights: The Bitcoin Wrench Attack archive has more than doubled its recorded incidents to over 700 cases dating back to 2014 following an AI-assisted research effort. Independent researcher Pizza Bitcoiner utilized agentic AI searches across local news, court records, and police reports in 72 countries to uncover 375 previously missing physical attacks. Out of ...

Ledger Faces Scrutiny as Mt. Gox CEO Warns of Hardware Wallet Risks
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Ledger Faces Scrutiny as Mt. Gox CEO Warns of Hardware Wallet Risks

Key Highlights: Hardware wallet manufacturer Ledger is facing mounting scrutiny from cryptocurrency traders and industry experts over transparency surrounding security issues. Concerns are escalating alongside an increase in sophisticated attack vectors and reports of hardware tampering targeting digital asset storage devices. Market participants are closely tracking Ledger’s forthcoming responses, as potential official statements or security ...

New Alliance Formed to Address Major Threat Facing 6.4 Million Bitcoin: Details
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New Alliance Formed to Address Major Threat Facing 6.4 Million Bitcoin: Details

Key Highlights: Nine prominent cryptocurrency organizations have formed the Quantum Alliance to develop shared standards against potential quantum computing security threats. The alliance projects that approximately 6.4 million Bitcoin—roughly 30.2% of the total circulating supply, including Satoshi Nakamoto’s estimated 1.1 million BTC—could be exposed to future attacks due to revealed public keys. While modern quantum ...

Quantum Alliance Forms as 6.4 Million Bitcoin Face Future Quantum Threat
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Quantum Alliance Forms as 6.4 Million Bitcoin Face Future Quantum Threat

Key Highlights: Roughly 6.4 million bitcoin—representing 30.2% of the total supply—currently have exposed public keys, including the estimated 1.1 million BTC held by creator Satoshi Nakamoto. Quantus CEO Christopher Smith warns that the first entity to construct a Cryptographically Relevant Quantum Computer (CRQC) could potentially seize these vulnerable assets, possibly with nation-state backing. In response ...

Quantus CEO Leads Nine-Firm Alliance to Standardize Crypto Quantum Defenses
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Quantus CEO Leads Nine-Firm Alliance to Standardize Crypto Quantum Defenses

Key Highlights: Nearly $2.7 trillion in cryptocurrency market capitalization is currently vulnerable to quantum computing threats, with Bitcoin holding a ‘D’ readiness rating and Ethereum and Solana receiving ‘F’ grades, according to Migration Fail. The Quantum Alliance and the BlackRock-backed Bitcoin Security Consortium have emerged as leading public groups pushing to standardize and accelerate post-quantum ...

Ledger Unveils Atom Crypto Wallet Featuring Android Apps and Tamper Detection
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Ledger Unveils Atom Crypto Wallet Featuring Android Apps and Tamper Detection

Key Highlights Ledger introduced Atom, a new device pairing everyday app functionality with isolated, hardware-level transaction approval and physical privacy controls. The company clarified past theft incidents, revealing criminals intercepted devices via reseller networks to install seed-phrase-stealing implants, prompting a sales halt in Southeast Asia and Hong Kong. Pre-orders for the unfinished Ledger Atom Founders ...

Under Pressure, Ledger Unveils Plan to Turn Crypto Hardware Wallet into a Smartphone
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Under Pressure, Ledger Unveils Plan to Turn Crypto Hardware Wallet into a Smartphone

Key Highlights: Compromised hardware wallets targeting Southeast Asian users allegedly used hidden chip implants to capture 24-word recovery phrases directly from screens. Hardware security firm Ledger confirmed that its upcoming Atom model will feature dedicated physical anti-tampering safeguards, including an isolated protective enclosure and dedicated battery-backed sensors. To mitigate supply chain risks, Ledger will bypass ...

Coinbase, Holding 5% of All Bitcoin, Urges Immediate Action on Quantum Threat
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Coinbase, Holding 5% of All Bitcoin, Urges Immediate Action on Quantum Threat

Key Highlights Current Bitcoin cryptographic standards, specifically ECDSA and Schnorr, face future vulnerabilities from cryptographically relevant quantum computers (CRQCs). Google researchers indicate that quantum computers capable of reverse-engineering private keys from public keys could materialize as early as 2029. Cryptocurrency exchange Coinbase emphasizes that adopting post-quantum (PQ) cryptography requires resolving complex constraints, including block space ...