Security· ★★★★· bearish·

Santiment flags surge in crypto security fears after Coldcard and Ledger incidents

  • —Santiment sees peaks in hack and wallet-security discussions since late July
  • —Coldcard flaw weakened recovery-phrase randomness, hitting 5,200 addresses
  • —TRM Labs: roughly 1,816 BTC moved from more than 5,200 addresses
  • —Ledger investigates losses of Southeast Asian clients who bought via CryptoBilis
Why it matters: Mounting security incidents are eroding trust in hardware wallets and could shift how investors approach self-custody of crypto.
Source: Crypto Insiders