Coldcard vulnerability leads to 1,196 addresses drained, over 1,082.65 BTC lost

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A recent vulnerability report revealed that a flaw in the Coldcard device resulted in 1,196 addresses being drained, with over 1,082.65 BTC stolen. The BTC transaction data shows the theft occurred within 41 minutes, 30 hours before Coldcard issued a public warning. Galaxy Research, citing AiCoin data, noted the loss exceeds $70 million.

Galaxy Research's research shows that a vulnerability in Coldcard led to the draining of 1,196 addresses, resulting in the loss of over 1,082.65 bitcoins, worth more than $70 million. The attack occurred within 41 minutes and predates Coldcard's public warning by approximately 30 hours.

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