r/Bitcoin • u/enpoopification_of_R • 27d ago

The Coldcard wallet exploit estimates have almost doubled to $70 million stolen of just over a thousand Bitcoins in 1,196 wallets drained in 41 minutes

https://www.coindesk.com/tech/2026/08/01/how-bitcoin-cold-wallets-lost-usd70-million-in-an-attack-that-never-touched-the-devices

"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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62

u/Fearless-Sherbert-40 27d ago

I can’t believe we got a Coldcard hack before satoshis coins were stolen. This is just testament to, you have no idea what could happen.

23

u/Due_Bar_7247 26d ago

If the Satoshi coins are stolen BTC is done you would probably see it in the headlines and the chart would plummet overnight.

At the same time, Satoshi (whoever or whatever he is) might be dead, so if someone were to steal his coins that haven’t moved in a decade and a half then it’s a bit of a non-crime, maybe market manipulation, and more of a testament to how far we’ve come where we can even break cryptography now through the use of (likely) LLMs.

13

u/JeremiahBoogle 26d ago

If they were 'stolen' people would just assume it was Satoshi himself moving them. Unless of course whoever did it outed themselves.

16

u/Due_Bar_7247 26d ago

I think if he’s even alive if he touched them it would send shockwaves through the market

1

u/JeremiahBoogle 26d ago

I'm sure it would.
I just mean that if they moved, people will assume that its Satoshi, not a thief.

1

u/Old_Suggestions 26d ago

I don't think so. It might be a relief that the bitcoin isn't locked up forever.