News

Public · Published

JUST IN: A third Coldcard hack has been reported with another 207.7294 BTC stolen. A total of 1,367.05 BTC has been stolen from 4,585 addresses so far, according to Galaxy Research. Users are urged to review the company's official security guidance as soon as possible‼

A third hack of the Coldcard hardware wallet was reported, resulting in the theft of 207.7294 BTC, bringing the total stolen amount to 1,367.05 BTC from 4,585 addresses, according to Galaxy Research.

Published:

Updated:

What happened

A third hack of the Coldcard hardware wallet was reported, resulting in the theft of 207.7294 BTC, bringing the total stolen amount to 1,367.05 BTC from 4,585 addresses, according to Galaxy Research.

Confirmed

Global impact / market context

Frequent wallet hacks can erode confidence in crypto storage solutions, potentially prompting users to shift to alternative methods, and may attract regulatory attention that could affect the broader Bitcoin ecosystem.

Analyst inference

The cryptocurrency market is sensitive to security breaches, and recent hacks have raised concerns among investors and users about the safety of storing Bitcoin on hardware wallets.

Confirmed

What to watch

  1. Coldcard’s upcoming firmware updates or security patches that aim to close the vulnerability exploited in the recent hacks. Proposed
  2. Whether additional thefts are reported, which would indicate if the exploit is still active or being used by other attackers. Analyst inference
  3. Regulatory or exchange responses, such as new guidelines for hardware wallet security, that could influence how investors store and trade Bitcoin. Analyst inference

Affected assets

  • BTC — Bitcoin

Evidence