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Surge in Bitcoin Active Addresses Following Coldcard Incident: Possible Flight of Capital Rather Than Expansion of Use

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FOMOGRAM Editorial Desk
Aug 3, 2026
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Surge in Bitcoin Active Addresses Following Coldcard Incident: Possible Flight of Capital Rather Than Expansion of Use
EXECUTIVE SUMMARY

An attack appears to have exploited a vulnerability in the random number generation of Coldcard's previous firmware, allowing for the potential guessing of private keys. As of August 3, movements indicative of a fourth wave have also been observed...

An attack appears to have exploited a vulnerability in the random number generation of Coldcard's previous firmware, allowing for the potential guessing of private keys. As of August 3, movements indicative of a fourth wave have also been observed...

FOMOGRAM SENTINEL GRAVITY TELEMETRY

The Coldcard exploit raises significant concerns about self-custody security, likely driving users back to exchanges and institutional custody.

BTC OVERALL MARKET INDEX: 36 / 100 (BEARISH)

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