News
Public · Published
Galaxy Research head Alex Thorn said attacks linked to the Coldcard vulnerability are still ongoing and urged affected users who have not yet migrated their assets to move their funds as soon as possible. He said the Bitcoin stolen in the three identified large-scale attack waves
Coldcard hardware wallets remain vulnerable, and attackers continue to steal Bitcoin, with three major thefts already identified, prompting users to move their funds promptly.
Published:
Updated:
What happened
Coldcard hardware wallets remain vulnerable, and attackers continue to steal Bitcoin, with three major thefts already identified, prompting users to move their funds promptly.
Confirmed
Global impact / market context
The ongoing thefts highlight security risks in hardware wallets, which could erode confidence in Bitcoin storage solutions and lead to broader concerns about crypto‑asset safety.
Analyst inference
The article reports ongoing attacks exploiting a vulnerability in the Coldcard hardware wallet, a device used to store Bitcoin securely. The attacks have already resulted in three large‑scale thefts of Bitcoin, prompting warnings to users.
Confirmed
What to watch
- Whether additional large‑scale thefts will be reported as attackers exploit the same vulnerability. Analyst inference
- Potential patches or firmware updates from Coldcard that could close the vulnerability and protect users. Analyst inference
- Changes in user behavior, such as increased migration to alternative wallets, affecting Bitcoin custody patterns. Analyst inference
Affected assets
- BTC — Bitcoin