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Trezor Expands Wallet Security Features Following $100M Coldcard Exploit

Published Source: BitcoinistRead original

Crypto Insight Summary: TL;DR Trezor expands wallet maximum passphrase length from 50 to 128 characters. The update follows July’s Coldcard vulnerability, which exposed weaknesses in recovery phrase generation and contributed to more than $100 million in reported losses. Strong, unique passphrases helped protect some users whose wallet backups were compromised. The new limit requires updated Trezor Suite software […] Crypto Insight Analysis: Direction: Neutral Impact: No Impact Horizon: Short-term (1-3 days) Reasoning: A product-specific security update has no material effect on overall crypto demand, liquidity, or market sentiment.

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