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Security & incidents
Hacks, vulnerabilities, fraud, asset loss and security-control disclosures.
Image: CoinDeskBitcoin Rebounds Toward $64,000 Amid Coldcard Exploit and Strategy Sales, While ADA Rallies
According to reporting by CoinDesk published on August 4, 2026, bitcoin advanced toward $64,000 as the broader market settled down following a weekend exploit targeting Coldcard wallets and corporate treasury sales by Strategy, although overall market sentiment remains anchored in extreme fear. This development, which is not officially confirmed by all independent forensic auditors, highlights ongoing security vulnerabilities in hardware wallet firmware infrastructure and corporate liquidity management strategies within the digital asset ecosystem.
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CoinDeskBitcoin Rebounds Toward $64,000 Amid Coldcard Exploit and Strategy Sales, While ADA Rallies
According to reporting by CoinDesk published on August 4, 2026, bitcoin advanced toward $64,000 as the broader market settled down following a weekend exploit targeting Coldcard wallets and corporate treasury sales by Strategy, although overall market sentiment remains anchored in extreme fear. This development, which is not officially confirmed by all independent forensic auditors, highlights ongoing security vulnerabilities in hardware wallet firmware infrastructure and corporate liquidity management strategies within the digital asset ecosystem.
crypto.news via LBankDavid Schwartz Weighs In on $100M Coldcard Hack
According to media reporting by LBank News and crypto.news, thefts related to Coldcard hardware wallets have surpassed one hundred million dollars. David Schwartz compared this custody risk to traditional financial collapses while highlighting insurance gaps. The reports indicate that a firmware flaw enabled attackers to recreate vulnerable wallet seeds without physical device access, and Coinkite stated that users must migrate funds to new seeds because updates cannot fix old ones. These details are not officially confirmed by all parties.
theblock.co via LBankColdcard Hardware Vulnerability Losses Potentially Reach $130 Million According to Galaxy Research
Galaxy Research published an assessment stating that security breaches involving Coinkite's Coldcard devices have resulted in significant digital asset theft, with total damages potentially reaching approximately $130 million across multiple waves of attacks. These claims regarding the scale of the exploit and the unconfirmed fourth wave remain not officially confirmed.
CoinDeskA Bitcoin Wallet Dormant Since 2013 Moved $31 Million Amid Coldcard Security Crisis
A 12-year-old Bitcoin wallet transferred $31 million in BTC amid a broader trend of dormant coins moving, linked to the Coldcard hack. The transaction, flagged by Whale Alert, involved 500 BTC from wallet 18TExP, which had been inactive since 2013. While the movement is not officially confirmed, analysts suggest it reflects heightened security concerns following the Coldcard incident. The event highlights risks for users of hardware wallets and long-term cryptocurrency holders. This report is based on media reporting and has not been confirmed by an official source.
crypto.news via LBankGalaxy Estimates Coldcard Exploit May Have Stolen Up to 2,055 Bitcoin
Galaxy Research estimates that thefts linked to Coldcard hardware wallets have reached 1,596 Bitcoin across three waves, with potential losses rising to about 2,055 Bitcoin worth nearly $130 million if a fourth wave is confirmed. Around 90% of the stolen funds remain unmoved, while affected users are urged to migrate funds and generate new seeds. These allegations are reported by LBank News and crypto.news and are not officially confirmed.
theblock.co via LBankJameson Lopp Says Coldcard Exploit Exposes Limits of Bitcoin's 'Don't Trust, Verify' Mantra
According to media reporting by LBank News and The Block, an ongoing security incident involving Coldcard has resulted in significant bitcoin losses from thousands of addresses. While industry participants debate the implications for self-custody, experts highlight that these reports of extensive compromise remain not officially confirmed by comprehensive independent audits.