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Important Security Warning for Coldcard Hardware Wallet Users 🚨

Important Security Warning for Coldcard Hardware Wallet Users 🚨
Important security warning for Coldcard hardware wallet users 🚨

Background
The manufacturer has published a security warning regarding certain third-model Coldcard devices
The issue is related to the recovery phrase generation process in specific software versions

Focus
⚠️ If the recovery phrase on the third model was generated with software version 4.0.1 or newer, a potential security risk has been raised
🛡 Models 4, 5, and Q are not affected by this issue
🔐 Using a passphrase on top of the recovery phrase significantly reduces the risk

Implications
📉 Users who have not used a passphrase are advised to transfer their funds to a new recovery phrase on a secure device
🔄 Before completing the full transfer, first perform a test transaction and verify the integrity of the new wallet

Conclusion
This warning does not mean funds have been stolen, but third-model users should carefully check their wallet status and, if necessary, safely transfer their funds 🛡

#Bitcoin #Hardware_Wallet #Security #Cryptocurrency

Persian original · View this post on Telegram ↗ · Open in the archive · 💬 Discuss in the Coin_Kurd Telegram group · Educational, not financial advice.