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Tag: galaxy research

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Close-up of a hardware wallet on a plain surface with blurred cryptocurrency items in the background.

COLDCARD Wallet Flaw Exploited in $88 Million Bitcoin Heist

In a shocking heist, hackers exploited a flaw in COLDCARD Wallet firmware to steal approximately $70.2 million worth of Bitcoin in a mere 41 minutes, targeting 1,196 addresses in a single wave of automated transactions. The attackers used a telltale signature - overpaying 30-75 times the median transaction fee - that pointed to their use of an automated tool.

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