According to ChainCatcher, a new study published by @PraveenPerera, monitored by Bitcoin News, suggests that Coldcard attackers first identified vulnerable addresses, then sorted them by the amount of Bitcoin held, and transferred the Bitcoin in batches starting with the address with the highest holdings. The actual transfer software used was rather crude. One address had 225 spendable UTXOs, and the attackers extracted exactly the newest 200, l…
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According to ChainCatcher, a new study published by @PraveenPerera, monitored by Bitcoin News, suggests that Coldcard attackers first identified vulnerable addresses, then sorted them by the amount of Bitcoin held, and transferred the Bitcoin in batches starting with the address with the highest holdings. The actual transfer software used was rather crude. One address had 225 spendable UTXOs, and the attackers extracted exactly the newest 200, l…