Other● Neutral

Trezor raises its password limit after $100M Coldcard wallet hacks

TradingGain Newsroom·1h ago·02 Nov 2026, 10:46 UTC

Trezor has raised its password ceiling following the July attacks on Coldcard wallets, which led to about $100 million in thefts. The company pointed to those attacks when making the change. Strong passphrases helped protect some users whose wallet recovery information had been compromised.

Why it matters

Coldcard's July attacks led to roughly $100 million in wallet thefts.
Strong passphrases helped some users stay safe even after recovery details were exposed.
Hardware wallet security is a key concern for anyone holding crypto long term.

What to watch next

Watch for any further security updates or changes from Trezor or Coldcard that could affect how users protect their wallets.

This brief is written by TradingGain from public reporting by Cointelegraph.Read original ↗

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TradingGain News summarises public reports in our own words and always links to the original source. Market Data stories are generated automatically from public exchange data. Nothing on this page is financial advice; always do your own research and use a stop-loss.