CZ: Software always has vulnerabilities; what matters is how the team behind it handles the issues

Odaily News: Binance founder CZ reposted on X platform about a user's encounter with a Coldcard wallet attack and stated that software will always have vulnerabilities; the key lies in how the team behind it handles the problems.

CZ added that Trust Wallet faced a similar issue years ago, when a non-truly random pseudo-random number generator led to losses of approximately $12 million, but the team ultimately covered the user losses.

Previous report: A third wave of attacks suspected to target addresses generated by Coldcard has emerged, with the attacker transferring approximately 207.7294 BTC again. Data shows that the scale of Coldcard-related attacks observed so far has expanded to about 1,367.05 BTC, involving approximately 4,585 addresses, valued at around $88.6 million at current prices.