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Coldcard Users Lose $89m After Bitcoin Wallet Is Hacked

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Coldcard Users Lose $89m After Bitcoin Wallet Is Hacked

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Coldcard Users Lose $89m After Bitcoin Wallet Is Hacked

A hacker exploited a legacy bug in Coldcard Bitcoin wallets to drain approximately $89 million from users' accounts. The attack affected the hardware wallet platform, compromising stored cryptocurrency assets.

Why it matters: Bitcoin and cryptocurrency users relying on Coldcard for self-custody face immediate risk of fund loss; practitioners supporting these users need to understand the vulnerability scope and remediation steps.

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