Community Trust ScoreVerified 86 % Real Verified 21 votesA trusted name in Bitcoin security just took a serious hit. That flaw cut the security of private keys on the Mk3 model from 128 bits down to about 40 bits. The theft started at an estimated $38 million, then surged over the weekend as more wallets got hit across 4,585 addresses. Related: Bitcoin Drops to $63,350 as Coldcard Exploit Wipes $88.6 Million Across 4,585 WalletsSelf-Custody’s Foundational Promise Under PressureHardware wallets exist for one reason: to keep your Bitcoin safe without trusting a third party. More context: Coldcard Firmware Flaw Puts 448.7 Bitcoin at Risk as Second Wave Hits 709 WalletsFor now, Galaxy Research is pushing affected users to move funds immediately if they haven’t already.