Galaxy estimates Coldcard exploit may have stolen up to 2,055 Bitcoin

Galaxy Research has estimated that losses tied to the Coldcard hardware wallet vulnerability have reached 1,596 Bitcoin across confirmed attack waves and could climb to about 2,055 BTC, or nearly $130 million, if a suspected fourth wave is verified. Summary Galaxy Research estimates confirmed Coldcard related thefts have reached 1,596 Bitcoin across three attack waves. The research firm says losses could rise to about 2,055 Bitcoin worth nearly $130 million if a suspected fourth wave is confirmed. Investigators have shared confirmed attacker and victim addresses with U.S. law enforcement agencies, exchanges and cyber investigation groups. Around 90% of the stolen Bitcoin remains unmoved while affected Coldcard users are urged to generate new wallet seeds and migrate their funds. Galaxy Research said in a post published Monday on X that it has identified 1,596 BTC stolen from 7,300 addresses across three confirmed waves of attacks, along with 14 smaller security incidents linked to the Coldcard seed-generation flaw. 🚨LOSSES FROM COLDCARD HACK EXCEED $100M High confidence 1,596 BTC has been stolen from ~7300 addresses across 3 confirmed waves + more 14 smaller incidents. If we add su...