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CRYPTOBEARISH
Bitcoin Holders Lose $88,600,000 in Coldcard Crypto Wallet Exploit: Galaxy Researchers
FG
FOMOGRAM Editorial Desk
Aug 3, 2026
EXECUTIVE SUMMARY
A 2021 firmware flaw in Coldcard devices enabled predictable seed generation, allowing attackers to drain over 1,367 BTC from thousands of wallets in automated sweeps.
A 2021 firmware flaw in Coldcard devices enabled predictable seed generation, allowing attackers to drain over 1,367 BTC from thousands of wallets in automated sweeps.
FOMOGRAM SENTINEL GRAVITY TELEMETRY
The Coldcard exploit resulting in significant BTC losses could lead to a major sell-off and loss of confidence in Bitcoin security.
BTC OVERALL MARKET INDEX: 36 / 100 (BEARISH)
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