On August 2, PANews reported that Galaxy Research tweeted about a third wave of attacks targeting addresses generated by Coldcard, resulting in the theft of 207.7294 bitcoins. The total estimated loss from the Coldcard attacks now stands at 1,367.05 bitcoins (approximately $88.6 million), affecting 4,585 addresses. Previously, Galaxy Research released findings on the Coldcard attack, revealing that 1,196 addresses were completely drained of a total of 1,082.65 bitcoins, valued at over $70 million. The attack occurred within 41 minutes and began approximately 30 hours before Coldcard publicly issued a warning.
Galaxy Research: Coldcard Vulnerability Losses Rise to $88.6M, Affecting Over 4,500 Addresses
PANewsShare
Summary
Galaxy Research reported a third wave of Coldcard attacks, resulting in the theft of 207.7294 BTC. Total losses have now reached 1,367.05 BTC ($88.6M), affecting 4,585 addresses. Earlier, 1,196 addresses were drained in just 41 minutes, 30 hours before Coldcard issued a warning. BTC prices remain under pressure as altcoins to watch show mixed market reactions.
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