Bitcoin hardware wallet Coldcard shipped a faulty firmware build, and hackers are now draining wallets; Galaxy Research estimates ~$70M stolen (Shaurya Malwa/CoinDesk)
Bitcoin hardware wallet Coldcard shipped a faulty firmware build, and hackers are now draining wallets; Galaxy Research estimates ~$70M stolen — More than 1,000 bitcoin, worth about $70 million, was drained from 1,196 wallets in a 41-minute window on July 30, nearly double the amount reported when the theft first surfaced.
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Bitcoin hardware wallet Coldcard shipped a faulty firmware build, and hackers are now draining wallets; Galaxy Research estimates ~$70M stolen (Shaurya Malwa/CoinDesk)
![Bitcoin hardware wallet Coldcard shipped a faulty firmware build, and hackers are now draining wallets; Galaxy Research estimates ~$70M stolen (Shaurya Malwa/CoinDesk)]()
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August 01, 2026
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