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Coldcard Hack Reaches $116 Million; Fourth Wave Continues to Impact

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FOMOGRAM Editorial Desk
Aug 4, 2026
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Coldcard Hack Reaches $116 Million; Fourth Wave Continues to Impact
EXECUTIVE SUMMARY

The Coldcard hardware wallet breach has escalated to an estimated $116 million, potentially more, occurring over four distinct waves. Coinkite reports that the past three days have been among the most challenging in the company's history. Initial estimates of the theft began at $30 million, but the total has more than tripled in under a week.

The Coldcard hardware wallet breach has escalated to an estimated $116 million, potentially more, occurring over four distinct waves. Coinkite reports that the past three days have been among the most challenging in the company's history. Initial estimates of the theft began at $30 million, but the total has more than tripled in under a week.

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