Coldcard Wallet Thefts Reach $88 Million as Third Wave of Drains Confirmed
Galaxy Research has identified a third wave of thefts targeting Coldcard Bitcoin hardware wallets, pushing total observed losses to approximately 1,367 BTC — worth around $88 million — spread across 4,585 affected addresses.
The ongoing nature of the exploit indicates attackers continue to access vulnerable wallets. Coldcard is a widely used hardware wallet among Bitcoin holders who prioritize self-custody, making the scale and persistence of the drains a significant security concern for the broader Bitcoin community.
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#USJapanJointYenInterventionFirstSince2011
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Galaxy Research has identified a third wave of thefts targeting Coldcard Bitcoin hardware wallets, pushing total observed losses to approximately 1,367 BTC — worth around $88 million — spread across 4,585 affected addresses.
The ongoing nature of the exploit indicates attackers continue to access vulnerable wallets. Coldcard is a widely used hardware wallet among Bitcoin holders who prioritize self-custody, making the scale and persistence of the drains a significant security concern for the broader Bitcoin community.
$BTC
#BTC
#bitcoin
#USIranTalksToBegin
#USJapanJointYenInterventionFirstSince2011
#USToCancelIranAttackSubjectToDeal