A recent analysis by Galaxy Research has updated estimates for the Bitcoin losses resulting from a high-profile hacking incident involving the Coldcard hardware wallet. The researchers identified 1,196 addresses that lost 1,082.65 Bitcoin in a 41-minute window. This expanded scope of affected addresses significantly increases the estimated loss total to approximately $70 million USD.
Source
"Coldcard Bitcoin Loss Estimate Rises to $70M" — Cointelegraph
This article is Bitcoincryptos' summary and analysis of reporting originally published by Cointelegraph. Read the full original report at the link above.
The hack is believed to have occurred on September 21st and has garnered attention for its sophisticated nature and potential implications for cryptocurrency security.
BTC · 7D · $62,749−3.8%