crypto

Coldcard Exploit May Have Stolen Up to 2,055 Bitcoin, Galaxy Estimates

Source: Crypto.news
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Galaxy Research estimates the Coldcard exploit may have stolen up to 2,055 Bitcoin, or nearly $130 million, across multiple attack waves.

Galaxy Research has estimated that a vulnerability tied to the Coldcard hardware wallet may have resulted in the theft of up to 2,055 Bitcoin (BTC), according to Crypto.news. The firm's analysis indicates confirmed losses of 1,596 Bitcoin across initial attack waves, with a potential increase to approximately 2,055 BTC, valued at nearly $130 million, if a suspected fourth wave of attacks is verified.

This type of security incident highlights the ongoing risks associated with digital asset storage and the importance of robust security measures in the cryptocurrency ecosystem. For traders and investors, understanding potential vulnerabilities in hardware wallets is crucial for safeguarding assets.

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