German Bitcoin Developer Missed Out on Gains Due to Security Fears
René Pickhardt, a prominent German Bitcoin developer and Lightning Network researcher, revealed that he never accumulated more BTC due to concerns over self-custody security.
Pickhardt's admission comes after one of the biggest hardware wallet security incidents in Bitcoin's history.
The attack allowed attackers to regenerate wallet keys and drain funds, resulting in the theft of over 1,755 BTC (more than $100 million) from multiple Coldcard users.