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Coldcard Bitcoin Hack Losses Reach $115M, Galaxy Research Confirms

Created at 17 Aug · 9:35 PM1 source↑ Market-relevant
IN SHORT

Galaxy Digital has confirmed that losses from the Coldcard Bitcoin hack have reached $115 million. The incident involved the theft of user funds from hardware wallets.

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Key Numbers

$115 milliontotal bitcoin stolen in Coldcard hack

Who's Involved

Galaxy Digital
confirmed the total losses from the Coldcard Bitcoin hack

↳ Why This Matters

This hack highlights ongoing security risks within the cryptocurrency ecosystem and the potential for significant financial losses due to exploits targeting digital asset storage solutions.

Key facts

  • The total amount of bitcoin stolen in the Coldcard hack has been confirmed at $115 million.
  • Galaxy Digital provided the updated figures on the losses.

The total amount of bitcoin stolen in the Coldcard hack has been confirmed at $115 million, according to figures released by Galaxy Digital. The incident involved the theft of user funds from hardware wallets.

Frequently asked questions

The Coldcard Bitcoin hack refers to a security breach where user funds stored on Coldcard hardware wallets were stolen.

Galaxy Digital confirmed the total losses from the hack.

The confirmed losses amount to $115 million in bitcoin.

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Cadence

How It Developed

Losses from the Coldcard Bitcoin hack have been confirmed at $115 million.
Galaxy Digital provided the latest figures on the confirmed losses.

Sources

T1
Losses Top $115M In Coldcard Bitcoin Hack: Galaxy ResearchBitcoin Magazine

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