Coldcard Hardware Wallet Vulnerability Results in $88.6 Million in Stolen BTC

icon MarsBit
Share
AI summary iconSummary
Coldcard hardware wallet users lost $88.6 million in BTC following a security breach, according to MarsBit. Four attack waves were detected: the first two stole 1,158.81 BTC from 2,673 victims; the third wave took 207.73 BTC from 293 P2WSH vaults; and a fourth wave may have stolen 388.93 BTC from 462 victims. BTC prices remain under pressure as the incident fuels concerns about BTC’s market dominance.

Huoxing Finance reports that, as of August 3, according to Onchain Lens, losses from the Coldcard hardware wallet vulnerability have reached $88.6 million. Four waves of attacks have occurred so far: First and second waves: 1,158.81 BTC stolen from 2,673 victims; Third wave: 207.73 BTC stolen from 293 monitored P2WSH vaults; Fourth wave: Unconfirmed, potentially involving 388.93 BTC from 462 victims.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.