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Coldcard Bitcoin theft tops $100M across 3 confirmed attack waves: Galaxy

August 4, 202601:47 AM
Coldcard Bitcoin theft tops $100M across 3 confirmed attack waves: Galaxy

Galaxy Research has confirmed that losses from the Coldcard wallet incident have exceeded $100 million, with 1,596 Bitcoin stolen from approximately 7,300 addresses across three major attack waves and 14 smaller incidents. Investigators report that 90% of the stolen Bitcoin remains unmoved as they examine a suspected fourth wave that could push total losses to $130 million worth of Bitcoin.

Galaxy Digital's research arm has identified 73 victims who contacted their team, confirming the first three major attacks and helping identify smaller "footprints" that may represent opportunistic attackers exploiting the vulnerability. With "medium-high" confidence, the research group believes a fourth wave of attacks is underway, potentially increasing total losses to 2,055 Bitcoin. This incident underscores the critical importance of security in the cryptocurrency ecosystem.

This is a summarized and adapted version by Artificial Intelligence. To read the complete original story, visit the official source.

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