Coldcard Bitcoin theft tops $100M across 3 confirmed attack waves: Galaxy
Galaxy Research said 90% of the stolen Bitcoin remains unmoved as investigators examine a suspected fourth wave that could lift losses to $130 million.
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.
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Also reported by 1 other outlet
- Bitcoin nears $64k despite Coldcard wallet losses techinasia.com
