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Coldcard Bitcoin loss estimate rises to $70M after Galaxy analysis

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FOMOGRAM Editorial Desk
Aug 1, 2026
98.5% CONFIDENCE
Cointelegraph FEED
Coldcard Bitcoin loss estimate rises to $70M after Galaxy analysis
EXECUTIVE SUMMARY

Galaxy Research identified 1,196 addresses that lost 1,082.65 Bitcoin in a 41-minute window, expanding the estimated scope of the Coldcard wallet incident.

Galaxy Research identified 1,196 addresses that lost 1,082.65 Bitcoin in a 41-minute window, expanding the estimated scope of the Coldcard wallet incident.

FOMOGRAM SENTINEL GRAVITY TELEMETRY

The significant loss of Bitcoin due to the Coldcard wallet incident raises concerns about security, potentially leading to panic selling among investors.

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