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Market Incident

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JUST IN: More Coldcard hacks have been reported. A total of 1,596 BTC has been stolen from about 7300 addresses so far, according to Galaxy Research. The situation is ongoing. Users are urged to review the company's official security guidance as soon as possible‼

Coldcard hardware wallet users have experienced additional hacks, resulting in the theft of about 1,596 BTC from roughly 7,300 addresses, according to Galaxy Research, and the incident is still ongoing.

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What happened

Coldcard, a well-known Bitcoin hardware-wallet maker, had a security hole that let attackers steal private keys. About 1,596 BTC was stolen from roughly 7,300 addresses, according to Galaxy Research. The company issued a high-priority alert telling users to move funds and create new recovery seeds, and it says the threat is still active.

Global impact / market context

This matters because hardware wallets are supposed to keep Bitcoin safe even from online hackers. When a leading, trusted device fails, ordinary users and institutions that rely on it for custody face real risk of losing money. The ongoing nature of the threat means the danger is not over.

What to watch

  1. Check whether Coldcard has published a clear explanation of the exact flaw and a fix, because that shows if the problem is solved or still ongoing.
  2. Watch for updates from Galaxy Research or official sources about the total amount stolen and whether it grows, because that tells us if more users are being hit.
  3. Look for guidance from the company on how to safely move funds and create new recovery seeds, because following it correctly is the only known way to protect remaining assets.

Evidence