#ColdcardLossesGrow
About ColdcardLossesGrow
Coldcard losses are growing. Galaxy Research says ~1,719 BTC worth ~$111M is confirmed stolen, with losses possibly topping $130M. Over 250 victims reported cases; if all pending claims are verified, losses could exceed 2,300 BTC. The suspected cause is an early firmware flaw involving weak seeds, not a failure of self-custody. Users should check old devices, update or move funds. BTCPay Server also warns of an exploited critical flaw and urges upgrades. Cold storage is not set-and-forget.
Hot
Latest
ColdcardLossesGrow Popular posts
🚨 Galaxy Research says at least 1,719 $BTC worth $111M, has been stolen in the Coldcard exploit, with total losses likely exceeding $130M.
At least 1,719 $BTC , worth $111 million, has been confirmed stolen in the Coldcard supply chain exploit
Galaxy estimates total losses are likely to exceed $130 million as additional compromised wallets are identified and on-chain analysis continues
The stolen Bitcoin has not yet been moved, with researchers continuing to monitor the attacker's wallets while exchanges, wallet providers and blockchain analysts work to identify affected users
"Digital detectives are going sleepless after Bitcoin wallet hack."
Bloomberg profiles the community response to the $130M Coldcard exploit.
@intangiblecoins, who's spoken with 100+ victims: "These are average everyday people saving their money in Bitcoin. They were true believers."
Becca Rubenfeld on the developers working around the clock: "It's like they're off at war. That's the vibe."
We are under attack. And they are aiming for the very heart of the Bitcoin social layer. Coldcard and BTCPayserver. These are enthusiast/hardcore tools, used by the people who live and bleed Bitcoin.
This does not feel like chance.
Targeted.#AIMemoryBullTest #FedHawksVsWeakJobs #SpaceXUnlockRebound
bitcoin's Coldcard downside tail just got heavier: 1,719 BTC is now traced with high confidence, while coin-denominated spot volume sits near its lowest since 2019. most funds remain pooled in a few attacker wallets, 64.9 BTC entered Wasabi and little else moved. a concentrated exchange sale can still hit BTC hard.
