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Crypto
Crypto recovery firm finds $10 in wallet said to hold 5,000 bitcoin
A cryptocurrency recovery firm asked to restore access to a wallet said to hold 5,000 bitcoin found assets worth only about $10, a case highlighting that recovery typically means restoring access to an existing wallet rather than retrieving coins from a blockchain. The report describes how missing seeds, passwords and passphrases affect recovery, when recovery is impossible, and why choosing a provider requires caution because seed phrases and private keys cannot be changed.
Crypto
Coldcard hardware wallet flaw shakes trust, renews call to roll the dice
A low-entropy vulnerability in the Coldcard hardware wallet has prompted bitcoin users to recheck how they generate seed phrases. Community focus has shifted toward physical entropy methods such as rolling dice rather than relying on device-based random number generators. After July 30, theft cases were publicly confirmed, with attackers brute-forcing private keys and stealing more than $100 million in BTC. Users are revisiting “don’t trust, verify” and exploring multiple offline methods to generate and cross-check BIP-39 seeds.
Crypto
Dogecoin community warns offline wallets not necessarily safe, issues security alert on cold storage
A security warning has been raised over how Dogecoin is stored, with a community contributor cautioning that creating a wallet on a computer disconnected from the internet does not guarantee safety. Mishaboar said malware or compromised hardware and operating systems can capture seed phrases and later exfiltrate them when the device reconnects. He said keeping assets on exchanges is not a fundamental solution and urged users to diversify wallets, use passphrases and keep offline backups.