A security vulnerability in the cryptocurrency hardware wallet Coldcard is allowing hackers to drain the crypto from victims’ wallets. The total losses amount to more than $130 million, according to blockchain-monitoring firms.

Hackers have exploited a security vulnerability in the Coldcard cryptocurrency hardware wallet, resulting in losses exceeding $130 million as they drain victims' wallets, according to blockchain-monitoring firms.

Hackers steal over $130M by exploiting bug in offline hardware wallets

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

Galaxy Research reported on X that losses from the Coldcard hack could reach $130 million, with the potential for further increases if a fourth wave of attacks is confirmed.

Bitcoin losses from Coldcard hack could swell to $130 million, Galaxy Research says

<img src="https://s3-images.ctmedia.io/media/article-covers/hand-coin-laptop-hack-bitcoin.png" alt="Coldcard Bitcoin theft tops $100M across 3 confirmed attack waves: Galaxy" class="type:primaryImage">Galaxy Research said 90% of the stolen Bitcoin remains unmoved as investigators examine a suspected fourth wave that could lift losses to $130 million.

Galaxy Research reported that the theft of Bitcoin from Coldcard has exceeded $100 million across three confirmed attack waves, with 90% of the stolen Bitcoin remaining unspent. Investigators are looking into a suspected fourth wave that could increase total losses to $130 million.

Coldcard Bitcoin theft tops $100M across 3 confirmed attack waves: Galaxy

Transfers of less than 1 BTC hit levels last seen days after the FTX collapse, while Galaxy Research flagged a likely fourth wave of thefts.

Coldcard has reported losses nearing $114 million as small Bitcoin transfers, specifically those under 1 BTC, have surged to levels not seen since shortly after the FTX collapse. Additionally, Galaxy Research has indicated a potential fourth wave of thefts in the cryptocurrency space.

Coldcard Losses Near $114M as Small Bitcoin Transfers Spike

Galaxy Research says a third wave of thefts from Coldcard Bitcoin wallets has pushed observed losses to roughly 1,367 BTC across 4,585 addresses.

A third wave of thefts from Coldcard Bitcoin wallets has resulted in observed losses of approximately 1,367 BTC, affecting 4,585 addresses, according to Galaxy Research. The total value of the exploit has now reached around $88 million.

Coldcard Bitcoin Exploit Balloons to $88 Million as Attackers Keep Draining Wallets

Hackers have exploited a security vulnerability in Coldcard hardware wallets, resulting in losses exceeding $130 million. This incident highlights ongoing risks in the crypto space as investigations into the attacks continue.

Security Flaw in Coldcard Wallet Leads to Major Theft

أدى اختراق Coldcard إلى خسائر تتجاوز 130 مليون دولار، حيث أفادت Galaxy Research أن 90% من البيتكوين المسروق لا يزال غير مستخدم. يقوم المحققون بالتحقيق في موجة رابعة من الهجمات المشتبه بها، مما قد يزيد من الخسائر. وقد ارتفعت التحويلات الصغيرة للبيتكوين، مما يذكر بالنشاط بعد انهيار FTX، مما يشير إلى زيادة التقلبات في سوق العملات المشفرة.

El hackeo de Coldcard ha resultado en pérdidas que superan los 130 millones de dólares, con Galaxy Research informando que el 90% de los Bitcoin robados permanece sin gastar. Los investigadores están indagando en una cuarta ola de ataques sospechosos, lo que podría aumentar aún más las pérdidas. Las transferencias pequeñas de Bitcoin han aumentado, recordando la actividad posterior al colapso de FTX, lo que indica una mayor volatilidad en el mercado de criptomonedas.

Le piratage de Coldcard a entraîné des pertes dépassant 130 millions de dollars, Galaxy Research rapportant que 90 % des Bitcoins volés restent non dépensés. Les enquêteurs examinent une quatrième vague d'attaques suspectées, ce qui pourrait encore gonfler les pertes. Les petits transferts de Bitcoin ont augmenté, rappelant l'activité après l'effondrement de FTX, indiquant une volatilité accrue sur le marché des cryptomonnaies.