Bitcoin recovers above $64K: Has the Coldcard-driven sell-off ended?
Bitcoin's short-term holders panic-sold before turning back to accumulation.
Bitcoin's short-term holders panic-sold before turning back to accumulation.

MARA Foundation says its Slipstream service is now open to anyone, with no signup code required, at the same moment thousands of bitcoin holders are racing to move funds off a flawed hardware wallet. MARA Strips Away the Access Codes MARA Holdings, the Nasdaq-listed bitcoin miner and artificial intelligence (AI) infrastructure provider, formerly known as […]

Bitcoin Magazine Nearly $32 Million in ‘Dormant’ Bitcoin Moves After Coldcard Hack Reaches Estimated $130M Bitcoin worth close to $32 million moved for the first time in 12 years yesterday. This post Nearly $32 Million in ‘Dormant’ Bitcoin Moves After Coldcard Hack Reaches Estimated $130M first appeared on Bitcoin Magazine and is written by Mathew Di Salvo .
Bitcoin active addresses hit a 20-month high in the Coldcard panic. On-chain data shows what holders really did.

Galaxy said that at least 15 different attackers have exploited the Coldcard vulnerability, which may have been avoided with just $2 worth of AI hardening, according to Dragonfly’s managing partner.

Boltz, a company that lets people move bitcoin between the main blockchain, the Lightning Network, and the Liquid sidechain, shut down all of its swap services on Aug. 3 after months of automated attacks it said were increasingly powered by artificial intelligence (AI). The timing rattled bitcoiners because the disclosure landed almost alongside the Coldcard […]

OKX has reported record inflows to its centralized exchange following the Coldcard hardware wallet exploit, as the company says users are increasingly prioritizing managed custody after one of the largest known Bitcoin wallet security incidents. According to The Block, OKX…

Some reports claimed that the stolen money is somewhere around $130 million already. And, it's still increasing.

The Coldcard hack underscores the need for enhanced security measures, potentially driving a shift towards ETFs and institutional custody solutions.

Victims are spending small amounts of BTC on OP_RETURN messages asking the Coldcard thief to give some of it back.

During the first half of the year, OKX told The Block it prevented $26.3 million in scam-related losses by stopping suspicious transfers.


Not everyone agrees the stolen BTC are trapped, with some pointing to mixers, Lightning, and privacy tools as possible escape routes.
The Coldcard exploit has become a major hardware wallet security incident, renewing scrutiny of self-custody practices.

The Coldcard exploit highlights the critical need for enhanced security measures and may drive increased adoption of multi-signature wallets.

Fake "coordinated hardware audit" emails are steering holders to a cloned Coldcard site that installs remote-access software.


Block's Bitcoin Engineering and Security team and independent Bitcoin Core developers have traced the recent batch of Coinkite Coldcard wallet losses to a specific firmware defect that exposed a hidden weakness in Bitcoin self-custody before any user touched a seed phrase. The bug diverted the device's random-number generation from its STM32 hardware source to MicroPython's […]

The Coldcard hardware wallet hack has grown to $116 million (potentially more) across four separate waves, and Coinkite says the last three days have been among the hardest in the company’s history. Four Waves in Four Days What started as an estimated $30 million theft has more than tripled in less than a week. Bitcoin.com […]

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