thearabianpost.com
Weak wallet seeds expose $70 million in bitcoin
On July 30, an attacker siphoned 1,082.65 bitcoin—about $70 million—from 1,196 addresses in a coordinated sweep lasting less than an hour. The theft spanned six Bitcoin blocks, with transfers grouped in batches and pauses between them, indicating pre‑prepared transactions. Galaxy Research traced the flow beyond the initially reported 594 bitcoin loss, revealing that the stolen coins were consolidated into four destination addresses. The breach did not involve malware, physical access, or seed‑phrase interception; instead, it exploited weak randomness in Coldcard hardware‑wallet [...]