A security breach at COLDCARD hardware wallet results in the loss of over 2,000 Bitcoin, impacting thousands of users.
Hackers stole 2,000 Bitcoin from a cold storage wallet linked to COLDCARD, a hardware wallet provider, on July 30. The breach affected more than 7,300 users, raising concerns over the security of air-gapped signing options.
The incident follows growing scrutiny of hardware wallet vulnerabilities, though prior breaches of this scale are rare. COLDCARD, known for its Bitcoin-focused security features, has not disclosed how the hackers bypassed its defenses.
Market reaction remains muted as the stolen BTC has not yet been liquidated, though analysts warn of potential selling pressure if the hackers attempt to cash out.