Over $38M allegedly stolen in Coldcard wallet exploit; about 500 wallets drained to bc1qnk
AI Market Summary
Reports of a Coldcard wallet vulnerability allegedly enabling theft of ~594.48 BTC (~$38.2M) from roughly 500 wallets highlight renewed self-custody and hardware-wallet security risk. The incident can pressure near-term crypto sentiment via higher perceived counterparty/operational risk, potential forced selling by attackers, and increased scrutiny of wallet firmware integrity and user security practices.
Impact level
● Medium
Affected assets
BTC/USDT-0.10%
AI Insight · BTC/USDTAI Insight
▼ Bearish
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More than $38 million in bitcoin has reportedly been stolen after a vulnerability involving Coldcard wallets was exploited. Funds from roughly 500 wallets were consolidated into the address bc1qnk, totaling 594.48 BTC (about $38.2 million). Users are urged to review their security settings and remain cautious.