{"id":2171,"date":"2026-08-04T17:09:51","date_gmt":"2026-08-04T17:09:51","guid":{"rendered":"https:\/\/coasttocoastmoverss.com\/?p=2171"},"modified":"2026-08-04T17:09:51","modified_gmt":"2026-08-04T17:09:51","slug":"over-100-million-in-bitcoin-stolen-by-numerous-hackers-how-a-software-bug-made-it-possible","status":"publish","type":"post","link":"https:\/\/coasttocoastmoverss.com\/?p=2171","title":{"rendered":"Over $100 Million In Bitcoin Stolen By \u2018Numerous\u2019 Hackers\u2014How A Software Bug Made It Possible"},"content":{"rendered":"<div>\n<h2>what to watch for<\/h2>\n<p>Galaxy Research said victim addresses are still being compiled, and including suspected losses, the total could reach about 2,000 bitcoin, or roughly $130 million.<\/p>\n<p>Read more <a href=\"https:\/\/coasttocoastmoverss.com\/?p=2169\">Max Miller Wants Ethics Investigation Into Himself Over Abuse Allegations<\/a><\/p>\n<h2>tangent<\/h2>\n<p>The price of bitcoin stumbled to a three-week low on Friday, falling to around $62,700, though the leading cryptocurrency has since regained some ground, rising to just over $64,000 on Tuesday. That decline came after Strategy, the largest institutional holder of bitcoin, announced plans to offload $5 billion worth of the cryptocurrency. The sale is \u201cappropriate for the company,\u201d Strategy CEO Phong Le said, adding it would allow the company to build up its cash reserves and potentially fund stock repurchases.<\/p>\n<p>Read more <a href=\"https:\/\/coasttocoastmoverss.com\/?p=2167\">White House Rips Nicole Kidman AMC Ad: \u2018We Come To This Place For MAGA\u2019<\/a><\/p>\n<h2>key background<\/h2>\n<p>A Coldcard wallet generates a \u201cseed,\u201d or a string of random words that controls access. The randomness of the phrases is meant to be unpredictable, though the software bug present in Coldcard firmware\u2014dating back to March 2021\u2014meant the device was producing seeds with less randomness than advertised. That allows hackers to systematically guess those phrases and then drain crypto wallets. <\/p>\n<p>Read more <a href=\"https:\/\/coasttocoastmoverss.com\/?p=2165\">More Republicans Call For Max Miller\u2019s Resignation Amid Abuse Allegations: Here\u2019s What To Know<\/a><\/p>\n<h2>further reading<\/h2>\n<p><span><span>Forbes<\/span><span>Bitcoin Hits 3-Week Low As Strategy Plans $5 Billion Sale<\/span><small>By <span>Ty Roush<\/span><\/small><\/span><span><\/span><\/p>\n<div><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>A software flaw resulted in thousands of compromised crypto wallets, a crypto research firm found.<\/p>\n","protected":false},"author":1,"featured_media":2170,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-2171","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - 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