Bitcoin losses from Coldcard hack could swell to $130 million, Galaxy Research says
The Block·
60-second summary
Galaxy Research suspects Bitcoin losses from the Coldcard hack could swell to $130 million, with potential further losses from an unconfirmed fourth wave of attacks. The hack's severity is still unfolding, and Galaxy's estimate may rise as more information becomes available. This significant loss could impact investor confidence in Bitcoin's security, potentially affecting its price stability.
Galaxy said on X that it suspects the losses to be greater once the yet-unconfirmed fourth wave of attacks is included.