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Coldcard Bitcoin loss estimate rises to $70M after Galaxy analysis
Galaxy Research identified 1,196 addresses that lost 1,082.65 Bitcoin in a 41-minute window, expanding the estimated scope of the Coldcard wallet incident. The Bitcoin loss estimate has risen to $70M following this analysis.
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Adjacent reporting
- Bitcoin losses linked to Coldcard vulnerability grow to $70 million, Galaxy Research says
- Coldcard issues Mk3 warning as experts examine $38M Bitcoin wallet drain
- $38M in Bitcoin Drained by Coldcard Key Flaw Its Maker Thinks AI Found
- Bitcoin supply in loss reaches record high 10.83 million BTC
- How bitcoin cold wallets lost $70 million in an attack that never touched the devices
- Coldcard Wallet Flaw Exposes Years of Bitcoin Seeds After $70M in BTC Stolen