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Coldcard Drain Reaches 1,367 BTC As Galaxy Finds Third Suspected Wave

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FOMOGRAM Editorial Desk
Aug 2, 2026
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Coldcard Drain Reaches 1,367 BTC As Galaxy Finds Third Suspected Wave
EXECUTIVE SUMMARY

Galaxy Research identified a third suspected attack wave involving Bitcoin addresses believed to have been generated by vulnerable Coldcard firmware. The latest wave drained 207.7294 BTC, lifting the estimated observed total to 1,367.05 BTC across 4,585 addresses. Galaxy valued the combined transfers at approximately $88.6 million when it published the update. Third Wave Uses Different…

Galaxy Research identified a third suspected attack wave involving Bitcoin addresses believed to have been generated by vulnerable Coldcard firmware. The latest wave drained 207.7294 BTC, lifting the estimated observed total to 1,367.05 BTC across 4,585 addresses. Galaxy valued the combined transfers at approximately $88.6 million when it published the update. Third Wave Uses Different…

FOMOGRAM SENTINEL GRAVITY TELEMETRY

The ongoing security issues with Coldcard wallets could significantly undermine confidence in Bitcoin's security, leading to bearish sentiment.

BTC OVERALL MARKET INDEX: 28 / 100 (BEARISH)

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