The Coldcard attack continues to ferment, and the Galaxy research director says there are “imitators” targeting the remaining mnemonic words

Comparing the news, Alex Thorn, head of research at Galaxy, wrote that the attack incident surrounding the Coldcard wallet continues to develop. More small attackers and imitators have now appeared to attack the remaining Coldcard mnemonics. He said that by helping to confirm the identity of a depositor in the attack, the relevant funds were transferred out before the Duel platform could be frozen, and the funds involved were not part of the three major attacks previously identified by Galaxy Research waves.

Earlier, the suspected Coldcard security incident attracted market attention, and several researchers discovered abnormal fund transfers in some wallet addresses generated by Coldcard. Galaxy Research continues to track the attack address and reminds users who still use the relevant wallet torrent to take security measures as soon as possible. The incident also further highlighted the importance of hardware wallet security, private key management, and self-hosting risk prevention.

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