Tag: galaxy research
2 articles
Bitcoin Wallet Hack Exposes $89m in Ongoing Attack
If you're using a Coldcard hardware wallet, take immediate action to protect your funds - an ongoing exploit has already drained an estimated $89 million from thousands of victim addresses. Move your single-sig Coldcard funds to a safe location ASAP to avoid losses.
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.