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BTC Sessions Reveals Coldcard Vulnerability Aftermath: Tens of Millions in Bitcoin Moved to Safety

OdailyOdaily
BTCUSDT--

Odaily News: Bitcoin News posted on X platform that BTC Sessions stated its team spent weeks assisting Bitcoin holders affected by the Coldcard vulnerability in moving funds to safety, estimating that a total of tens of millions of dollars in Bitcoin was protected during this period. However, for many, it was too late. A member of its local Bitcoin community lost 90% of their Bitcoin, while another woman with whom they spoke lost all of her Bitcoin. BTC Sessions stated that this may be the most severe self-custody incident in Bitcoin's history. BTC Sessions said that this experience prompted a rethink of asset custody, with diversified security measures becoming a key lesson.

This content is for informational and educational purposes only and does not constitute investment advice related to BTCC. BTCC makes every effort but cannot guarantee the truthfulness, accuracy, or originality of the content above.