Coldcard hack sparks a self-custody security overhaul: Cory Klippsten

The Coldcard hardware wallet suffered a firmware exploit that allowed attackers to steal over $100 million in bitcoin, prompting a surge in user migration towards more secure multisignature vaults and self-custody solutions. Swan Bitcoin CEO Cory Klippsten highlights the rapid industry response helping users protect their assets beyond Swan's client base.

This Wire brief sits within Fusion42's coverage of Fintech. Wire is Fusion42's founder-focused intelligence feed: each story is connected to the funds and startups it names — every one with a live profile on Raise or Scout — so founders can follow the capital and the momentum behind the headline rather than just the headline itself. Wire analysis is one of the live surfaces Arthur reasons over.