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Coldcard Hacker Resumes Movement, Transfers 30 Stolen BTC

August 7, 202604:30 AM
Coldcard Hacker Resumes Movement, Transfers 30 Stolen BTC

The hacker behind the Coldcard wallet exploit, believed to hold 2,055 BTC (approximately $130 million) in stolen bitcoin, has resumed activity after weeks of silence, transferring 30.185 BTC (about $1.94 million) to a new wallet. This movement marks a significant development in the ongoing saga of one of the largest cryptocurrency thefts, raising concerns among exchanges and security platforms monitoring illicit funds.

The vulnerability in Coldcard, one of the most respected hardware wallets in the market, exposes significant risks to the cryptocurrency security ecosystem. With the total stolen value exceeding $130 million, authorities and blockchain analytics firms are intensifying efforts to track the funds and prevent them from being laundered or converted to fiat currency. The cryptocurrency community now awaits with anticipation the hacker's next moves and how this could impact trust in offline storage devices.

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

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