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The Nexus
SECURITYAug 4 · 21:25 UTCBITCOIN MAGAZINEJuan Galt

Self Custody Is Dead. Long Live Self Custody

A hack on Coldcard hardware wallets exploited flawed entropy generation in key creation, leading to the theft of over 1,300 bitcoins and prompting users to move funds to custodial exchanges. The incident challenges assumptions about self-custody security while emphasizing the need to preserve Bitcoin's decentralized principles.

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