Monday, November 2, 2026
  • Login
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS
CRYPTO MARKETCAP
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS
No Result
View All Result
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse
No Result
View All Result

Trezor Expands Wallet Security Features Following $100M Coldcard Exploit

by SB Crypto Guru News
November 2, 2026
in Crypto Updates
Reading Time: 3 mins read
0 0
A A
0


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

TL;DR

  • Trezor expands wallet maximum passphrase length from 50 to 128 characters.
  • The update follows July’s Coldcard vulnerability, which exposed weaknesses in recovery phrase generation and contributed to more than $100 million in reported losses.
  • Strong, unique passphrases helped protect some users whose wallet backups were compromised.
  • The new limit requires updated Trezor Suite software and compatible device firmware.

Trezor Strengthens Wallet Protection With Longer Passphrases

Hardware wallet manufacturer Trezor has expanded its passphrase limit to 128 characters, giving users another option for securing their cryptocurrency holdings following a series of wallet security incidents.

Announced on November 1, the change increases the previous 50-character ceiling and is available through updated Trezor Suite software and compatible device firmware. Older firmware retains the original restriction.

A passphrase functions as an additional layer of protection alongside a wallet’s recovery phrase. Even if an attacker obtains the recovery phrase, access to a passphrase-protected wallet requires the exact additional secret.

Trezor highlighted the importance of this feature following the July Coldcard incident, when a firmware vulnerability caused certain devices to generate recovery phrases with insufficient randomness. Attackers were subsequently able to reconstruct vulnerable wallet backups and steal cryptocurrency.

According to Trezor, some affected users who had established strong, unique passphrases were able to keep their funds protected despite the compromised recovery information.

Coldcard Exploit Raises Questions About Hardware Wallet Security

The incident highlighted a critical weakness in cryptocurrency self-custody: hardware wallets are only as secure as the systems responsible for generating and protecting their private keys.

Reports placed the losses associated with the Coldcard vulnerability above $100 million, intensifying scrutiny of wallet manufacturers and their security practices.

Trezor has stressed that wallets originally generated on its devices were not affected by the Coldcard firmware flaw. However, users who created their recovery phrases on vulnerable Coldcard devices and later restored them on Trezor remain exposed until they transfer their funds to a newly generated wallet.

The distinction is important because restoring a compromised recovery phrase on another hardware wallet does not eliminate the underlying vulnerability.

Longer Passphrases Require Careful Management

Although the expanded character limit provides greater flexibility, Trezor warns that passphrases remain an advanced security feature.

Every different passphrase generates a separate wallet, meaning even a minor typing error can open an entirely different wallet rather than the one containing the user’s funds.

Lost or forgotten passphrases cannot be recovered by Trezor, potentially leaving users permanently unable to access their cryptocurrency.

The update reinforces a broader lesson for the crypto industry: stronger security depends on multiple safeguards, from reliable key generation to careful recovery practices. Longer passphrases can add meaningful protection, but users must store them securely and ensure they can reproduce them exactly.

 

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



Source link

Tags: 100MBitcoin NewsColdcardCrypto NewsCrypto UpdatesexpandsexploitFeaturesLatest News on CryptoSB Crypto Guru NewsSecurityTrezorWallet
Previous Post

Collectors Cristina Chacón and Diego Uribe to open contemporary art space in Miami – The Art Newspaper

Next Post

Brazil’s Mercado Bitcoin Halts Withdrawals After Estimated $46M Stolen

Related Posts

Hyeperliquid’s Top Two Traders Are Betting $1B on Crypto Falling

by SB Crypto Guru News
November 2, 2026
0

Key TakeawaysHyperliquid’s top trader 0x5b5d holds $617.5M in shorts across 22 markets, led by $224M in ETH.A second whale, 0xb83d,...

Animoca Brands Wins Final Abu Dhabi Approval to Manage Investment Funds

by SB Crypto Guru News
November 2, 2026
0

Animoca Brands won final approval to manage investment funds in Abu Dhabi, the crypto investor said today (Monday). The Financial...

Binance Restores 15 Networks After $6.3B Hack While Outflows Surge to $5.8B

by SB Crypto Guru News
November 2, 2026
0

Key Takeaways:Binance was able to resume withdrawals for 15 blockchain networks.More than $5.8 billion in net withdrawals were seen over...

Binance Hack Deepens Crypto Rout as Market Cap Falls to $2.7T

by SB Crypto Guru News
November 1, 2026
0

Key TakeawaysBitcoin ended October down 7.5% as the Binance hack deepened its downtrend.Ethereum lost over 15% in 30 days, while...

Bitcoin Price Recovery: $78K in Sight as LIT Surges 18%

by SB Crypto Guru News
November 1, 2026
0

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure TLDR Bitcoin price recovery put $78,000 back...

Load More
Next Post

Brazil's Mercado Bitcoin Halts Withdrawals After Estimated $46M Stolen

  • Trending
  • Comments
  • Latest
K, D, J Lines & Signals

K, D, J Lines & Signals

June 8, 2026

Does Crypto Mining Damage Your GPU? The Real Risks

August 19, 2026
Outrageous and outsized musical tribute to Claes Oldenburg takes the stage in Los Angeles – The Art Newspaper

Outrageous and outsized musical tribute to Claes Oldenburg takes the stage in Los Angeles – The Art Newspaper

June 25, 2026
BYDFi Perpetual Futures Data Now Live on TradingView

BYDFi Perpetual Futures Data Now Live on TradingView

March 12, 2026

The 10 Best Solana Memecoins to Buy in 2026

September 18, 2026
Who Is Liang Wenfeng, the Founder of AI Disruptor DeepSeek?

Who Is Liang Wenfeng, the Founder of AI Disruptor DeepSeek?

February 4, 2025

Brazil’s Mercado Bitcoin Halts Withdrawals After Estimated $46M Stolen

0

Trezor Expands Wallet Security Features Following $100M Coldcard Exploit

0

Tech Selloff Tests AI Spending as Market Leadership Shifts

0

Casap Raises $56 Million as AI Agents Take on Fraud and Payment Disputes

0

Collectors Cristina Chacón and Diego Uribe to open contemporary art space in Miami – The Art Newspaper

0

ICE Lines Up First Big Test of CFTC’s US Perps Path

0

Brazil’s Mercado Bitcoin Halts Withdrawals After Estimated $46M Stolen

November 2, 2026

Trezor Expands Wallet Security Features Following $100M Coldcard Exploit

November 2, 2026

Collectors Cristina Chacón and Diego Uribe to open contemporary art space in Miami – The Art Newspaper

November 2, 2026

The Binance Hacker Splits Its 233M Stolen XRP Across Six New Wallets: Can XRP Price Hold $1.24?

November 2, 2026

Bitcoin US Elections: Jobs Data Could Shake BTC

November 2, 2026

Tech Selloff Tests AI Spending as Market Leadership Shifts

November 2, 2026
Facebook Twitter LinkedIn Tumblr RSS
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse

Find the latest Bitcoin, Ethereum, blockchain, crypto, Business, Fintech News, interviews, and price analysis at SB Crypto Guru News.

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • Mining
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Web3

SITE MAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - SB Crypto Guru News.
SB Crypto Guru News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS

Copyright © 2022 - SB Crypto Guru News.
SB Crypto Guru News is not responsible for the content of external sites.