Coldcard Wallet Vulnerability Allegedly Leads to $38.2M in Bitcoin Theft

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Vulnerability news emerged as a suspected flaw in the Coldcard wallet reportedly led to the theft of 594.48 BTC, valued at approximately $38.2 million. MarsBit reported that funds were transferred from around 500 wallets to the address bc1qnk. Lookonchain confirmed the Bitcoin news on July 31, highlighting the scale of the incident.

Huo Xing Finance reports that on July 31, according to Lookonchain monitoring, approximately 500 wallets had their funds transferred to the address bc1qnk due to a vulnerability in Coldcard wallets, involving a total of 594.48 BTC, valued at around $38.2 million.

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