ME News reports that on August 1 (UTC+8), according to Bitcoin News monitoring, Chainalysis analysis of the Coldcard exploit incident involving over $38 million indicates that the attackers deliberately targeted the highest-value wallets first, including one holding $1.8 million, suggesting victims were profiled before asset transfers began. Approximately $30 million was stolen within the first 10 minutes, followed by around 500 wallets being emptied within the next 25 minutes. Block’s Clay Garrett stated that investigators also confirmed the attackers used a paid account from a well-known blockchain service provider to query victim addresses during the operation. The provider’s internal logs matched the timing and sequence of requests, but Block noted no evidence that the company knowingly assisted in the theft. Relevant information has been shared with authorities. (Source: ODAILY)
Coldcard Hackers Target High-Value Wallets, Steal $30M in 10 Minutes
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Summary
Top altcoin news breaks as Chainalysis reports a Coldcard vulnerability incident exceeding $38 million. Attackers targeted the highest-value wallets, including one containing $1.8 million. Approximately $30 million was stolen within 10 minutes, with 500 wallets drained in 25 minutes. Block’s Clay Garrett said attackers used a paid account from a major blockchain provider to query victim addresses. Logs confirmed the timing, but no evidence of company involvement was found. Authorities have been notified.
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