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Image: 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.
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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.newsBlockchain Association Defends CLARITY Act Against Law Enforcement Objections
According to reporting by crypto.news on August 4, 2026, the Blockchain Association submitted an eight-page letter to Senate leadership to counter claims by the National Sheriffs' Association regarding the CLARITY Act. This development unfolds as the legislative schedule remains uncertain ahead of the Senate's August recess deadline, and these claims are not officially confirmed by independent legislative bodies.
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 LBankBlockchain Association Counters National Sheriffs' Claims as Senate Weighs Clarity Act Amid Unconfirmed Reports
According to reporting by LBank News and originally published by The Block, the Blockchain Association pushed back against the National Sheriffs' Association regarding the treatment of decentralized finance under the proposed Clarity Act. This development occurs during a critical legislative window before the Senate August recess, though these political maneuverings remain not officially confirmed by legislative leaders.
crypto.newsCLARITY Act Stalls in Senate as White House Silence on Bipartisan Ethics Proposal Pressures 2026 Passage Odds
According to reporting by crypto.news citing journalist Eleanor Terrett, the CLARITY Act remains stuck in the Senate after the White House allegedly failed to respond to a bipartisan ethics proposal, pushing its 2026 passage odds down to 27%. These developments are not officially confirmed by the White House.