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2026-08-07 00:44:46 UTC

Blockchain Report on Nostr: Following the firmware vulnerability incident concerning Coldcard, the number of ...

Following the firmware vulnerability incident concerning Coldcard, the number of active Bitcoin addresses has surged to its highest point since December 2024, reaching 980,000 daily addresses. This spike in on-chain activity is primarily attributed to a security-driven migration of user funds. Bitcoin holders are reportedly moving their mnemonic phrases and transferring assets to alternative custodial solutions as a precautionary measure in response to the operational security concerns, rather than signaling a shift in market sentiment.

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