Coldcard Investigates Phishing Link Posted to Its X Account

Hardware wallet manufacturer Coldcard disclosed Monday that it is actively investigating how a phishing link surfaced on its official X account, raising immediate security concerns for users of the popular Bitcoin storage device. The company moved quickly to warn its community not to visit or interact with the suspicious link while the probe is underway.

Coldcard stated it would share further verified updates as its investigation progresses, signaling that the full scope of the incident — including whether the account was compromised or the link was posted through other means — remains unclear. The cautious language suggests the company is treating the situation as a potential breach until it can confirm otherwise.

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Phishing attacks targeting high-profile cryptocurrency brand accounts on social media have become an increasingly common threat vector, with bad actors exploiting trusted handles to lure users into connecting wallets or surrendering seed phrases. For a hardware wallet company whose entire value proposition rests on security, even a brief appearance of a malicious link carries significant reputational risk.

Users who may have clicked the link are advised to exercise extreme caution, avoid entering any sensitive credentials or wallet information on any site reached through that link, and monitor official Coldcard channels for verified guidance. Security researchers often recommend that anyone who interacted with a suspected phishing site treat potentially exposed credentials as compromised until proven otherwise.

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