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Coldcard Hacked for $70M: How Do You Keep Bitcoin Safe if Cold Wallets Can Be Hacked?
FG
FOMOGRAM Editorial Desk
Aug 1, 2026
EXECUTIVE SUMMARY
An attacker drained 1,200 Coldcard wallets in under an hour without ever touching a single device, and the fix most owners are reaching for will not protect them.
An attacker drained 1,200 Coldcard wallets in under an hour without ever touching a single device, and the fix most owners are reaching for will not protect them.
FOMOGRAM SENTINEL GRAVITY TELEMETRY
The Coldcard hack raises concerns about the security of Bitcoin storage, likely leading to increased selling pressure.
CRYPTO LIVE SENTIMENT: -70 / 100 • BULLISH
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