ALERT: Coldcard exploit confirmed to have stolen at least 1,719 BTC ($111 million), total losses seen topping $130 million

AI Market Summary

Galaxy Research reports at least 1,719 BTC (~$111m) confirmed stolen via a Coldcard-related exploit, with total losses expected to exceed $130m. The incident is significant for BTC market microstructure because it can trigger risk-off positioning, tighter custody scrutiny, and potential sell-pressure from compromised funds. It also increases perceived counterparty and operational risk across self-custody workflows and hardware wallet supply chains.

Impact level

● High

Affected assets

BTC/USDT+0.52%

AI Insight · BTC/USDTAI Insight

▼ Bearish

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ALERT: At least 1,719 BTC—worth about $111 million—has been confirmed stolen so far in the Coldcard exploit, Galaxy Research said. The firm estimates total losses will exceed $130 million.

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