COLDCARD Official X Account Hacked to Promote Phishing Scam
The hardware wallet provider's official X account was compromised to post a fake security alert directing users to a fraudulent website.
The hardware wallet provider's official X account was compromised to post a fake security alert directing users to a fraudulent website. This is an original TLT brief synthesising 4 outlets (TronWeekly, Crypto Daily, Cointelegraph, and others), plus live market data, as of Mon, 12 Oct 2026 08:30:04 UTC.
This incident highlights the growing threat of social media account takeovers in the crypto space, where attackers exploit trusted channels to target users with sophisticated phishing schemes, potentially leading to significant financial losses.
- COLDCARD's official X account was hacked to post a fake security alert.
- The alert directed users to a fraudulent wallet-migration website.
- COLDCARD has requested an X investigation into the incident.
- The crypto market remains resilient, with Bitcoin up 1.24% in 24 hours.
Both TronWeekly and Crypto Daily report that COLDCARD's official X account was compromised to post a fraudulent security alert, which directed users to a phishing website disguised as a wallet-migration service. While both outlets confirm the basic details of the hack, Crypto Daily specifically mentions that COLDCARD has requested an X investigation, a detail not explicitly noted by TronWeekly. Both agree that the incident involved a sophisticated social engineering attack exploiting the company's trusted social media presence.
The hardware wallet provider COLDCARD has fallen victim to a hack targeting its official X account. The compromised account was used to post a fake security alert warning users about alleged firmware vulnerabilities in COLDCARD devices.
The fraudulent post directed users to a phishing website disguised as a wallet-migration service. This tactic aimed to trick users into providing sensitive information, potentially leading to the loss of their crypto assets.
TronWeekly and Crypto Daily both corroborate the basic details of the incident, including the nature of the fake alert and the phishing website. However, Crypto Daily adds that COLDCARD has formally requested an X investigation into the breach, suggesting the company is actively pursuing legal and platform-level remedies.
This incident is part of a broader trend of social media account takeovers in the crypto space, where attackers exploit trusted channels to launch sophisticated phishing attacks. Such incidents undermine user trust and highlight the need for enhanced security measures for official accounts.
In the broader market context, the crypto market cap stands at $2.92 trillion, with 
Bitcoin up 1.24% in the past 24 hours. The Fear & Greed Index remains in 'Greed' territory at 69, indicating a relatively positive market sentiment despite the security incident.
COLDCARD Official X Account Hacked to Promote Phishing Scam — questions & answers
What was the purpose of the fake COLDCARD alert?
The alert aimed to trick users into visiting a phishing website disguised as a wallet-migration service to steal their credentials.
How did COLDCARD respond to the hack?
COLDCARD reported the incident and requested an X investigation into the compromised account.
What is the current state of the crypto market?
The total market cap is $2.92 trillion, with Bitcoin up 1.24% in the past 24 hours.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from TronWeekly, Crypto Daily, Cointelegraph, Crypto.news, with the key figures cross-checked for agreement across them. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.