Coldcard Wallet Vulnerability Drains 1,082 BTC Worth Over $70M in 41 Minutes

A critical Coldcard wallet flaw emptied 1,196 addresses of 1,082.65 BTC ($70M+) in 41 minutes, with warnings delayed by 30 hours.

Woofun AI reports that a security vulnerability in Coldcard wallets resulted in the complete drainage of 1,196 addresses. The incident involved the loss of 1,082.65 bitcoins, valued at over $70 million, executed within a 41-minute window. Galaxy Research findings indicate that Coldcard issued its public warning approximately 30 hours after the attack commenced.