Coldcard Bitcoin Wallet Exploit Balloons to $88 Million, Attackers Continue Draining Funds
Coldcard Bitcoin Wallet Exploit Balloons to $88 Million, Attackers Continue Draining Funds
A third wave of attacks targeting Coldcard Bitcoin wallets has significantly increased observed losses to an estimated $88 million, equivalent to 1,367 BTC across 4,585 compromised addresses, according to Galaxy Research.
Coldcard Bitcoin Wallets Hit by $88 Million Exploit
The security incident involving Coldcard Bitcoin wallets has escalated dramatically, with reported losses now reaching approximately $88 million. This figure translates to about 1,367 BTC stolen from 4,585 unique addresses. Galaxy Research highlighted that a third distinct wave of thefts has been observed, indicating ongoing vulnerabilities and persistent efforts by attackers to drain funds from affected wallets. The continuous nature of these thefts underscores significant security concerns for users of the Coldcard hardware wallet.