Galaxy Research monitoring shows that the ColdCard wallet hack has escalated to its third wave, with an additional 207.73 BTC stolen. Across all three waves, a total of 1,367.05 BTC—approximately $88.6 million—has been stolen, affecting 4,585 addresses. All three waves exhibit identical fund aggregation structures, target addresses, and derivation paths, with each wave occurring approximately 27 hours apart. Currently, the hacker’s final destination address holds 1,366.39 BTC—approximately $88.6 million—remaining unspent on-chain.
ColdCard Wallet Hit by Third Wave of Hacks, 1,367.05 BTC Stolen
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Summary
Today’s BTC news reveals a third wave of attacks on the ColdCard wallet, resulting in the theft of 207.73 BTC. The total BTC stolen now amounts to 1,367.05 BTC, valued at approximately $88.6 million, affecting 4,585 addresses. The attacks follow a consistent pattern of fund consolidation, with each wave occurring roughly 27 hours apart. The hacker-controlled addresses still hold 1,366.39 BTC, which remains unspent on-chain.
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