BREAKING 🚨
Coldcard hacker has transferred $7.7 million worth of Bitcoin, wiping out 45% of the assets stolen in the third wave of attacks 🔥.
Galaxy Research confirmed the perpetrator emptied the 11 largest vaults tied to the recent Coldcard breach. The stolen Bitcoin, originally amassed across multiple compromised hardware wallets, is now being moved through a series of rapid transactions. Analysts warn the swift redistribution could signal preparation for large‑scale liquidation, potentially adding pressure to already volatile markets. Regulators are expected to intensify scrutiny on hardware wallet security as the incident underscores systemic vulnerabilities. Investors are advised to monitor exchange inflows closely, as sudden spikes may precede market turbulence.
The ongoing fallout serves as a stark reminder of the critical need for robust crypto custody practices ⚠️.
$CATI, $SOPH, $DOOD
Coldcard hacker has transferred $7.7 million worth of Bitcoin, wiping out 45% of the assets stolen in the third wave of attacks 🔥.
Galaxy Research confirmed the perpetrator emptied the 11 largest vaults tied to the recent Coldcard breach. The stolen Bitcoin, originally amassed across multiple compromised hardware wallets, is now being moved through a series of rapid transactions. Analysts warn the swift redistribution could signal preparation for large‑scale liquidation, potentially adding pressure to already volatile markets. Regulators are expected to intensify scrutiny on hardware wallet security as the incident underscores systemic vulnerabilities. Investors are advised to monitor exchange inflows closely, as sudden spikes may precede market turbulence.
The ongoing fallout serves as a stark reminder of the critical need for robust crypto custody practices ⚠️.
$CATI, $SOPH, $DOOD
