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White Hats Beat Coldcard Attackers, Rescuing Millions of Dollars in Bitcoin

Published Source: Bitcoin.com NewsRead original

Crypto Insight Summary: A group of white hats appears to have pulled off something victims of the Coldcard exploit desperately needed, securing 52.37 BTC before malicious attackers could steal it. Galaxy Digital’s Head of Firmwide Research, Alex Thorn, says the bitcoin, representing 2.8% of the exploited funds, has now been consolidated into an address controlled by Crypto Recovery […] Crypto Insight Analysis: Direction: Neutral Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Rescue of 52.37 BTC has limited market impact but boosts security confidence.

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White Hats Beat Coldcard Attackers, Rescuing Millions of Dollars in Bitcoin — Crypto Insight