The Binance founder who has seen four full crypto cycles just weighed in on the biggest hardware wallet failure in Bitcoin history. His advice is uncomfortable but hard to argue with.

Bitcoin rebounded to nearly $64,000 in Asian trading, recovering from Monday's dip, as traders shrugged off unresolved Coldcard wallet sweeps draining hundreds of bitcoin.

Hackers continue to drain Coldcard Bitcoin wallets, with the total amount stolen now estimated to be standing at over $114 million.

Investigators have shared attacker addresses with US authorities and crypto companies as Galaxy warns that attacks linked to the Coldcard vulnerability are continuing.

A five-year-old firmware bug let an attacker guess private keys without ever touching a device.

Coldcard holders have been attacked in a fourth wave of sweeping idle cold storage BTC addresses. Around 1,500 wallets have been swept so far, and more vulnerable wallets can be discovered.

A crypto hack targeting a firmware flaw in the Coldcard Bitcoin hardware wallet has drained at least 1,367 BTC, worth approximately $86M at current prices, from more than 4,500 cold storage addresses across three waves of attacks.