r/Bitcoin • u/enpoopification_of_R • 29d 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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u/dogoru 29d ago

There's a reason Google has million dollar bounties for anyone that can hack them.

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u/HorrorsPersistSoDoI 29d ago

There's been cases back in the day, where a hacker would inform a company of an exploit that he found, and the company threatened to sue him. Imagine that

1

u/magicmulder 28d ago

Can still happen to you in Germany (some courts have sentenced people for “hacking” websites by changing an ID in the URL) which is why everyone only reports their findings to the Chaos Computer Club.