
Bitcoin price nears $64K despite Strategy sale, Coldcard
Bitcoin rebounds above $63,000 despite Strategy’s 1,638 BTC sale, miner selling pressure and a fourth suspected Coldcard wallet sweep.

Bitcoin rebounds above $63,000 despite Strategy’s 1,638 BTC sale, miner selling pressure and a fourth suspected Coldcard wallet sweep.

The comments came as the Coldcard saga continue to unravel.
Ledger CTO Charles Guillemet has urged Bitcoin users not to rush into adopting multisig wallets following the recent Coldcard security incident.

Galaxy Research has estimated that losses tied to the Coldcard hardware wallet vulnerability have reached 1,596 Bitcoin across confirmed attack waves and could climb to about 2,055 BTC, or nearly $130 million, if a suspected fourth wave is verified. Galaxy…

Galaxy said on X that it suspects the losses to be greater once the yet-unconfirmed fourth wave of attacks is included.


Galaxy Research said 90% of the stolen Bitcoin remains unmoved as investigators examine a suspected fourth wave that could lift losses to $130 million.

Bitcoin analyst Willy Woo estimates authorities have a 20% to 40% chance of recovering part of the bitcoin stolen through the Coldcard vulnerability. Historical crypto recoveries spanning billions of dollars underpin that outlook, while security leaders urge victims to preserve evidence that could support future claims. Woo Points to Previous Recoveries Bitcoin analyst Willy Woo […]

The exploit undermines trust in self-custody solutions, potentially driving users towards institutional custody options and Bitcoin ETFs.

Air-gapped wallets keep private keys completely offline, reducing exposure to hackers—but they're not immune from threats.

A weak RNG in Coldcard wallets has cost users an estimated +$100M worth of BTC in less than a week.

Coldcard’s bug cost victims over $88M worth of BTC, and recovering any of it starts with law enforcement, not a DM on social media.

Lopp said AI is reshaping wallet security by helping attackers uncover bugs and developers audit code faster.

The Coldcard hack challenges self-custody's reliability, potentially shifting trust back to institutional solutions and sparking security innovation.
Bitcoiners who followed self-custody best practices — air-gapped devices, steel seed plates, safety deposit boxes — describe watching years of savings disappear in minutes as attackers exploiting the Coldcard flaw drained more than $114 million.

Amid the Coldcard chaos that has rattled bitcoin holders for days, a wallet dating back to Dec. 2013 suddenly shifted 500 BTC at block height 960867. The eye-catching transfer lands as a growing string of long-dormant wallets has sprung back to life, adding fresh intrigue since the Coldcard breach first surfaced on July 30. Two […]

A firmware bug that shipped in 2021 made Coldcard seeds guessable, and attackers have drained more than 1,800 BTC since Thursday. The latest sweep can still be outbid in the mempool, giving some victims a window to rescue their coins.

The swift community response highlights the critical role of open-source code in enhancing security and mitigating future vulnerabilities.

Bitcoin Magazine Coldcard Bitcoin Theft Continues, Now Estimated Over $114 Million In Total Stolen Bitcoin wallets continue to be drained in the ongoing hack. This post Coldcard Bitcoin Theft Continues, Now Estimated Over $114 Million In Total Stolen first appeared on Bitcoin Magazine and is written by Mathew Di Salvo .

Coldcard firmware didn't properly utilize true random number generators, letting attackers sweep over 1,359 BTC last week.