Crypto News1 MIN READ
CRYPTOBEARISH
How a five-year-old build flag drained $116 million from bitcoin’s most trusted hardware wallet
FG
FOMOGRAM Editorial Desk
Aug 6, 2026
EXECUTIVE SUMMARY
A firmware flaw in Coldcard wallets allowed an attacker to drain 1,816 BTC, marking a major security breach in self-custody. The incident raises concerns about hardware wallet security and has led to increased Bitcoin inflows to exchanges.
A firmware flaw in Coldcard wallets allowed an attacker to drain 1,816 BTC, marking a major security breach in self-custody. The incident raises concerns about hardware wallet security and has led to increased Bitcoin inflows to exchanges.
FOMOGRAM SENTINEL GRAVITY TELEMETRY
The Coldcard hardware wallet exploit compromises 1,816 BTC, triggering a significant shift in self-custody sentiment and increasing exchange inflows.
BTC OVERALL MARKET INDEX: 62 / 100 (BULLISH)
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