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$70 Million Gone in 40 Minutes: CZ Weighs in on Coldcard Fallout
FG
FOMOGRAM Editorial Desk
Aug 1, 2026
EXECUTIVE SUMMARY
A Coldcard firmware bug let thieves rebuild seeds and drain $70 million in BTC. CZ says no wallet is fully safe.
A Coldcard firmware bug let thieves rebuild seeds and drain $70 million in BTC. CZ says no wallet is fully safe.
FOMOGRAM SENTINEL GRAVITY TELEMETRY
The Coldcard firmware bug leading to a significant loss of BTC raises concerns about wallet security, likely prompting bearish sentiment among investors.
CRYPTO LIVE SENTIMENT: -85 / 100 • BULLISH
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