Bitcoin hardware wallet maker Coldcard has issued an urgent notice telling users to move their funds immediately, pointing to a security threat it says is still ongoing. The company said users should first check the security advisory for their specific device model, then upgrade the device firmware and generate a fresh seed phrase before carefully transferring wallet balances. Coldcard said the situation should be treated as an emergency, and laid out the recommended sequence: migrate funds, upgrade hardware, create a new seed, and complete the transfer with attention. It also asked the broader community to help spread the word, with a particular focus on users who are rarely online and may not catch the update in time. The firm stated that the threat has not ended, and urged users to stay alert and take action as soon as possible.
Coldcard, the bitcoin hardware wallet brand, has issued a notice urging users to move their funds immediately in response to a security threat that remains active.
In the notice, the company said users should check the security advisory for their specific device model, upgrade the device firmware, generate a new seed phrase, and carefully transfer funds out of their wallets.
Official calls it an emergency
The company stressed that this should be treated as an emergency situation. The recommended sequence is to migrate funds, upgrade the device, generate a new seed, and complete the transfer with care.
Community asked to spread the message
Coldcard also called on the community to help spread the message, especially to users who are not frequently online and may not see the update in time.
Officials said the threat has not ended and urged users to remain vigilant and take action as soon as possible.
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