Piyush Associate

#ColdcardExploitFundsSentToMixers refers to the moving of stolen assets into cryptocurrency mixers following a massive firmware vulnerability in Coldcard hardware wallets. This flaw resulted in the theft of over $100 million in Bitcoin (BTC).The Mixing ActivityBlockchain security platforms like CertiK confirmed that a portion of the stolen funds has actively begun moving into mixers:Bitcoin Routing: Approximately 64 BTC (worth over $4.1 million) was moved from an attacker-linked address to the privacy-focused Wasabi wallet protocol.Ethereum Routing: Around 200 ETH (worth $380,000) tied to secondary exploit activity was funneled into Tornado Cash.Current Status: While a massive chunk of the primary loot (over 1,159 BTC) remains stationary and heavily monitored under public surveillance, smaller exploiters or copycats are actively bleeding funds through these black-market mixers and over-the-counter (OTC) channels to avoid asset freezing by centralized exchanges.Background on the Coldcard ExploitThe exploit, which began unraveling on July 30, 2026, targeted a critical cryptographic vulnerability in Coinkite's Coldcard devices:$NVDAB $BNB