TREE NEWS update: Galaxy Research head reports that attacks on Coldcard hardware wallets are ongoing, urging users to remain vigilant and confirm their device settings. They continue to assist victims and gather intelligence on the attackers, inviting those who need help tracing stolen funds to contact them via direct message.
Coldcard Attack Ongoing; Users Urged to Verify Settings
The notable shift here is that a hardware-wallet maker's own ecosystem is being treated as an active incident rather than a past one, with an exchange's research arm effectively running victim support and attacker intelligence. That matters because it blurs the line between vendor responsibility and third-party forensics, and it puts pressure on Coldcard users to self-verify settings rather than wait for a fix. Whether the flow of new victims slows, and whether the intelligence gathered translates into attribution or recovery, is the open question.
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