ETHB alone kept Ether funds positive, leaving the $9 million gain too concentrated to confirm broad rotation.
A third wave of attacks targeting vulnerable Coldcard-generated Bitcoin wallets has drained another 208 BTC from 1,912 addresses, pushing total losses to 1,367 BTCworth nearly $89 millionaccording to Galaxy Research. The latest wave occurred between Friday midday and Saturday morning UTC, signaling that the attacker continues exploiting wallets created with compromised keys.
An investor who owns Bitcoin through a brokerage account can finish work on Friday, check the closing price of a spot ETF, and assume the position is done moving for the week. Bitcoin, however, has other plans.
Coldcard losses reach $88.6M as the third attack cluster exposes weak seed-generation security risks.
BlueWallet's manual entropy feature enhances user control over Bitcoin security, potentially reducing reliance on hardware wallets for cold storage. Blue Wallet adds custom entropy feature for Bitcoin key generation in version 8.0.0.
Michael Saylor rejected claims that Strategy had approved a new $5 billion bitcoin sale plan, identifying the authorization as an existing capital-management tool. His clarification separates potential selling capacity from an immediate decision to reduce holdings. Saylor Pushes Back on Viral Bitcoin Sale Claim Strategy Executive Chairman Michael Saylor pushed back Aug.
The Coldcard breach highlights critical vulnerabilities in hardware wallet security, urging investors to reassess their digital asset protection strategies. Galaxy Research identifies 1,367 BTC drained in attacks on Coldcard addresses.
A suspected third wave of Coldcard-related bitcoin sweeps has pushed the observed incident to an estimated 1,367 BTC, while exchange deposits and long-dormant wallet activity have added two more signals for analysts to watch.
Falling spot volume and extreme bearish online engagement highlighted the severity of Bitcoin market sentiment.
Bitcoin appears to be entering a long-term uptrend, a move set to provide traders with opportunities to capitalize on surges for strategic returns.
Galaxy Research flagged a third wave of sweeps tied to weak Coldcard-generated keys, with the attacker now targeting smaller balances and changing how funds are collected onchain.
Andrey Poroshin, a financial analyst at Bitbanker, an exchange with a presence in Russia, the UAE, and Kyrgyzstan, stresses that bitcoin will retest $60K lows as excess liquidity is withdrawn to recover $70K later, a price still below the base cost of mining in the U.S.