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The Coldcard Exploit Explained: Who Lost Bitcoin and Who’s at Risk

By Jamie Redman | 2026-08-01 00:30:26 | 1 month ago

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An attacker exploited weak seeds generated by certain Coldcard hardware wallets to steal bitcoin worth roughly tens of millions from hundreds of addresses on July 30.

According to a deep analysis from Galaxy Research, the core theft unfolded in a tightly coordinated burst lasting about 25 minutes, while broader analysis later connected roughly 1,196 addresses

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