Galaxy Research tracks $70 million Coldcard wallet breach, 1,196 addresses exposed
Galaxy Research linked $70 million in stolen Bitcoin to 1,196 Coldcard wallet addresses. ️ Stolen funds moved in less than an hour, with identical fees and no change outputs. Coinkite urged affected users to move their funds after releasing a firmware hotfix. Previous large thefts in $BTC cold wallets highlight ongoing security risks.
Galaxy Research linked $70 million in stolen Bitcoin to 1,196 Coldcard wallet addresses. ️ Stolen funds moved in less than an hour, with identical fees and no change outputs. Coinkite urged affected users to move their funds after releasing a firmware hotfix. Previous large thefts in $BTC cold wallets highlight ongoing security risks.
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The significant breach of $70 million in Bitcoin raises serious security concerns, likely leading to increased selling pressure as users react to the risks.
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