Hackers exploit Coldcard flaw, steal over 1,700 BTC
Reports claim hackers exploited a security vulnerability in Coldcard hardware wallets, stealing over 1,700 BTC. The incident raises counterparty and operational risk concerns around self-custody infrastructure, potentially increasing near-term risk aversion across BTC and related crypto markets. Details on fund flows and root-cause attribution remain under investigation, and the lack of an official statement adds uncertainty.
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Hackers reportedly exploited a security vulnerability in Coldcard hardware wallets to steal more than 1,700 BTC, according to ForkLog. Coldcard is a hardware wallet designed specifically for storing Bitcoin, and the incident has led to significant losses for affected users. Investigators are still working to determine where the stolen Bitcoin went and to clarify the circumstances of the attack, while Coldcard has not issued any further statement.