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Bitcoin nears $64k despite Coldcard wallet losses

The move came as a fourth sweep of addresses generated by affected Coldcard firmware took about 449 bitcoin from 709 addresses.

Bitcoin nears $64k despite Coldcard wallet losses

The theft of over $100 million worth of Bitcoin has been confirmed after three major attack waves, with a suspected fourth wave threatening to add another $30 million in losses, according to Galaxy Research. The total number of Bitcoin stolen, 1,596, was extracted from around 7,300 addresses across the attacks. One thousand nine hundred sixty Bitcoin, worth approximately $130 million, could be the total losses if the fourth wave is confirmed.

However, Galaxy is withholding confirmation of this wave, as they have not received verification from victims who may have been affected. Currently, 90% of the stolen Bitcoin remains untouched. Galaxy has shared attacker and victim addresses with US federal law enforcement, crypto exchanges, and cyber-investigation firms. The firm urges Coldcard users to transfer their funds to a secure address immediately, as attacks are ongoing.

Written by urgent.news from Cointelegraph's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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