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Opinion

Editor and analyst perspectives

2 articles

The Coldcard Heist: How a Single Character Stole $88 Million in Bitcoin And the unlikely heroes who saw it coming.

When a five-year-old firmware flaw turned thousands of Coldcard hardware wallets into sitting ducks, the crypto world was asleep at the wheel. **LazurusGroup wasn't.** The legendary blockchain security collective spotted the broken random number generator, mapped the exact exploit chain, and raced to disclose it before attackers could strike. They sounded the alarm. They built the proof of concept. They chose transparency over profit. This is the story of how LazurusGroup tried to stop an $88 million Bitcoin heist — and what happened when the clock ran out.

alex-rivera10 days ago10 min read