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Crypto

Coldcard third attack sees 45 percent of stolen assets moved, signs of laundering of 97.09 BTC

About 45 percent of the funds stolen in a third attack targeting Coldcard bitcoin wallets has already been moved, as the attacker continues shifting assets using coinjoin and cross-chain transactions, according to Galaxy Research. It said 97.09 BTC has been moved so far, worth about $7.8 million at the time. Galaxy also identified a new set of 58 addresses that could raise total stolen bitcoin to 1,806 BTC, about $143.9 million at current prices.

Crypto

August crypto hacks hit 50 incidents, cases up 67 percent while losses halved

Major hacking incidents in the crypto industry rose sharply in August from the previous month, with 50 cases tallied, up about 67 percent from July’s 30. Despite the jump in incidents, the total value of stolen assets fell to $136.3 million, down 49.5 percent from about $270 million in July, as the scale of large incidents declined. Tectonic Finance accounted for the largest single loss at about $74 million.

Crypto

Bitcoin wallet industry faces disruption as standard interface support ends

A standard interface linking Bitcoin Core to hardware wallets, HWI (Hardware Wallet Interface), is effectively moving toward an end-of-life phase, CryptoSlate reported. The maintainer said HWI has long been in maintenance mode and will stop accepting new devices or features beyond MuSig2 work. A Rust-based successor candidate, BHWI, has not shown practical deployments. Wallet developers that package or invoke HWI are expected to shoulder the immediate burden.