Bitcoin articles

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A Coldcard firmware flaw let hackers drain $70 million in Bitcoin in 41 minutes, with losses now topping $88 million

Why it matters: A hardware wallet is supposed to solve one problem: keep your Bitcoin keys somewhere no attacker can reach them. This week showed what happens when the flaw sits inside the wallet itself. A firmware bug that's been shipping in Coldcard devices since 2021 let an attacker guess supposedly random seed phrases from the outside, no physical access, no phishing, no malware required, and drain funds from thousands of addresses. The running total is already past $88 million, and it's still climbing.
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Man who lost $750 million Bitcoin in landfill now wants to buy the site

If at first you don't succeed...
In brief: James Howells, the man who has spent more than a decade trying to recover a hard drive containing more than $750 million worth of Bitcoin from a landfill, is not giving up on his quest for fortune. After a judge threw out his request to dig at the site last month, Howells is now considering buying the facility, which is due to be closed.
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Self-proclaimed Bitcoin inventor sentenced for contempt of court after launching $1.2 trillion lawsuit

Craig Wright has been sentenced to 12 months in prison
What just happened? Craig Wright, the Australian computer scientist who has repeatedly made the false claim that he is Bitcoin inventor Satoshi Nakamoto, has been found to be in contempt of court and handed a 12-month jail sentence for continuing to sue developers.