$SUI
StableSnapshot Window: 2026-08-13 21:10 UTC · ← Back to Crypto Overview
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Verbatim Community Citations & Social Evidence 1 source posts analyzed
I remembered Vultisig's AMAs here, then the recent wallet exploits sent me back to look at why their approach is different Some of you might remember Vultisig running an AMA on this sub a while back. Theirs stuck with me, because the pitch stood out: a seedless wallet & MPC tech. It was one of the more interesting security designs I'd seen posted here. The last couple weeks of wallet news brought it straight back to mind, because the things that just went wrong for other wallets are the exact things Vultisig is built to avoid. Two stories set it off. Late July, a firmware bug in Coldcard caused some units to generate seeds with weak randomness, and attackers reconstructed those seeds remotely and drained them. TRM Labs put it around 1,816 BTC, over $116M. Then the data-leak side of the space kept getting hit. Ledger's 2020 breach exposed roughly a million emails and 272,000 records with names, phone numbers, and home addresses, which got dumped publicly and turned into phishing, extortion, even physical threats at people's homes. More recently a Trezor shipping provider got breached too (their own wallets and infrastructure were fine, it was a third-party fulfillment partner). Different companies but the same two failure modes: a compromised seed, and leaked customer data used to phish you, or worse.