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The Coldcard Exploit Explained: Who Lost Bitcoin and Who’s at Risk

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FOMOGRAM Editorial Desk
Aug 1, 2026
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Bitcoin.com News FEED
The Coldcard Exploit Explained: Who Lost Bitcoin and Who’s at Risk
EXECUTIVE SUMMARY

An attacker exploited weak seeds generated by certain Coldcard hardware wallets to steal bitcoin worth roughly tens of millions from hundreds of addresses on July 30. According to a deep analysis from Galaxy Research, the core theft unfolded in a tightly coordinated burst lasting about 25 minutes, while broader analysis later connected roughly 1,196 addresses […]

An attacker exploited weak seeds generated by certain Coldcard hardware wallets to steal bitcoin worth roughly tens of millions from hundreds of addresses on July 30. According to a deep analysis from Galaxy Research, the core theft unfolded in a tightly coordinated burst lasting about 25 minutes, while broader analysis later connected roughly 1,196 addresses […]

FOMOGRAM SENTINEL GRAVITY TELEMETRY

The Coldcard exploit, resulting in significant Bitcoin theft, raises concerns about hardware wallet security and could lead to a loss of confidence among users.

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