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Security & incidents

Hacks, vulnerabilities, fraud, asset loss and security-control disclosures.

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Security & incidents

Coldcard Wallet Exploit Triggers Unprecedented Inflows Back to Centralized Exchanges as Investors Re-evaluate Self-Custody

According to reporting by CoinDesk, a major security vulnerability affecting Coldcard hardware wallets has prompted smaller bitcoin holders to move funds back onto centralized exchanges for safety. This behavioral shift contrasts sharply with the massive self-custody withdrawals seen following the FTX collapse in late 2022. These claims remain not officially confirmed by all impacted device manufacturers.

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Security & incidents

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Graphic illustrating bitcoin flows returning to centralized exchanges following reported hardware wallet exploits.CoinDesk
CVColdcard / CoinkiteSecurity & incidents

Coldcard Wallet Exploit Triggers Unprecedented Inflows Back to Centralized Exchanges as Investors Re-evaluate Self-Custody

According to reporting by CoinDesk, a major security vulnerability affecting Coldcard hardware wallets has prompted smaller bitcoin holders to move funds back onto centralized exchanges for safety. This behavioral shift contrasts sharply with the massive self-custody withdrawals seen following the FTX collapse in late 2022. These claims remain not officially confirmed by all impacted device manufacturers.

Custody
Rating impactNo score change
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Abstract risk intelligence visual representing hardware wallet security vulnerabilities and onchain surveillance metrics.crypto.news via LBank
CVColdcardSecurity & incidents

Coldcard Bitcoin Losses Rise to $88.6 Million in Third Reported Wave

According to LBank News citing reporting from crypto.news, Galaxy Research estimated that approximately 1,367.05 BTC has been drained across 4,585 addresses in three suspected attack waves linked to a Coldcard firmware vulnerability. The initial wave on July 30 removed 1,082.65 BTC from 1,196 addresses in a short duration. Published findings indicate that while software updates patch future key generation, existing vulnerable seeds cannot be repaired automatically and remain at risk unless migrated. These figures and attack attribution remain not officially confirmed by a first-party forensic audit.

Rating impactNo score change
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Minnesota state capitol building representing regulatory enforcement against crypto ATMscrypto.news via LBank
CVMinnesota Department of CommerceSecurity & incidents

Minnesota Crypto ATM Ban Takes Effect Following Reported Fraud Losses

According to media reporting from LBank News and crypto.news, Minnesota enacted a statewide prohibition on virtual currency kiosks effective August 1, 2026, following fraud complaints involving nearly $1 million. The measure requires machines to halt transactions immediately and mandates complete physical removal by December 31, 2026. This development has not officially confirmed by every single federal authority, though state departments have verified local enforcement protocols.

Rating impactNo score change
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Abstract digital representation of cybersecurity risk intelligence and blockchain network monitoring.CoinDesk
CVSolana FoundationSecurity & incidents

Solana Foundation CISO Warns Artificial Intelligence Is Escalating Crypto Social Engineering Risks

According to CoinDesk reporting, Solana Foundation Chief Information Security Officer Michael Coates stated that artificial intelligence vulnerabilities and synthetic identities will catalyze the upcoming wave of blockchain security threats. This assessment has not officially confirmed any specific active attacks within the Solana ecosystem.

Blockchain security
Rating impactNo score change
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Cryptocurrency hardware wallet security and diversification concept illustrationCoinDesk
CVColdcard / CoinkiteSecurity & incidents

Binance Founder CZ Advises Wallet Diversification Following Reported $70 Million Coldcard Security Failure

Following a major security breach affecting Coldcard hardware devices that resulted in massive losses, Binance founder Changpeng Zhao has suggested that crypto holders spread their digital assets across multiple wallets to mitigate risks. This development, which remains not officially confirmed by every single independent audit authority beyond published reports, highlights persistent vulnerabilities in self-custody solutions.

Custody
Rating impactNo score change
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Visual representation of digital asset regulatory investigations and cross-border currency exchange risk analysis.crypto.news
CVMoneyflipSecurity & incidents

Moneyflip CEO Marcos Arturo Kleiman Tronllan Faces Federal Murder-for-Hire and Crypto-Related Allegations in Miami

According to reporting by crypto.news published on August 1, 2026, and based on unconfirmed allegations from federal prosecutors, Moneyflip Chief Executive Officer Marcos Arturo Kleiman Tronllan was arrested in Miami by Homeland Security Investigations agents. The executive faces a federal murder-for-hire charge stemming from accusations that he paid undercover operatives forty thousand dollars in cash and Tether to target a business associate over an unpaid debt. The underlying details regarding the alleged plot and financial transactions remain not officially confirmed by independent judicial verdicts.

Rating impactNo score change