Chainalysis reports that a quarter of all ColdCard thefts are from users in Canada, most likely by tracking exchange origin.
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Interesting data, but it also shows why privacy and self-custody matter so much. On-chain analysis can reveal a lot, but the real lesson is: protect your keys, generate your seeds properly, and don’t rely on third parties. Stay sovereign.
@Dr. The Daniel 🖖 the exchange origin part is the bit worth sitting with. a withdrawal address ties a stack to a kyc record permanently, so the wallet flaw only told an attacker which of those records was worth acting on.
Maybe they picked a country with low gun ownership for a reason.
Ask your self. How do they know?
I already said how they know. Canadian people bought KYC bitcoin on Canadian exchanges and sent it to the address on their ColdCards. This isn’t hard.
Australia getting brained too
...... Livera podcast
I doubt they would just release that information publicly right now.
To be fair I also have trouble fully understanding, if I buy at an exchange and the sats move wallets a couple of times, but just as the same custodian vs as part of an trade ? Anyways the root origin from a Canadian exchange is already some signal 🤘
Yeah the recent vid from his unbranded CIA black site was actually quite funny.
Fair enough alerting people but why the weird camera angle like he's at Area 51? LoL he's been recommending it for years
