ME News reports that on August 2 (UTC+8), Galaxy’s research lead posted on X that all Coldcard single-sig setups that have not performed dice rolls, have not set a passphrase, and use firmware from March 17, 2021, or later will be wiped. Unless users import a high-entropy seed from another source or use multiple dice rolls, it is recommended to discontinue use of the Coldcard entirely. (Source: ODAILY)
Coldcard single-sign settings to be cleared for firmware from March 17, 2021
KuCoinFlashShare
Summary
On-chain news from Galaxy Research’s director on X, posted on August 2 (UTC+8), warns Coldcard users: single-signature setups without dice rolls or passphrases using firmware from March 17, 2021, or later will be erased. Users are urged to cease using Coldcard unless they import high-entropy seeds or employ multiple dice rolls. Crypto news underscores the importance of updating security practices.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.