Crypto News1 MIN READ
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Galaxy Digital Says $70,000,000 Drained From Bitcoin Holders in Coldcard Wallet Exploit
FG
FOMOGRAM Editorial Desk
Aug 1, 2026
EXECUTIVE SUMMARY
A flaw in Coldcard seed generation reduced entropy on multiple models and firmware versions, leading to the theft of 594 BTC from 500 addresses.
A flaw in Coldcard seed generation reduced entropy on multiple models and firmware versions, leading to the theft of 594 BTC from 500 addresses.
FOMOGRAM SENTINEL GRAVITY TELEMETRY
The Coldcard wallet exploit resulting in the theft of 594 BTC creates significant bearish sentiment as it raises concerns over wallet security and trust in Bitcoin storage solutions.
CRYPTO LIVE SENTIMENT: -85 / 100 • BULLISH
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