Coinkite to Release Security Breach Post-Mortem, Won’t Disclose Loss Estimates

Coldcard maker Coinkite cites privacy design as reason for withholding customer loss figures amid $130 million breach estimates. Coinkite, producer of the Coldcard Bitcoin hardware wallet, announced it will publish a post-mortem following a security incident but declined t

Coldcard maker Coinkite cites privacy design as reason for withholding customer loss figures amid $130 million breach estimates.

Coinkite, producer of the Coldcard Bitcoin hardware wallet, announced it will publish a post-mortem following a security incident but declined to estimate customer losses. The company stated its privacy-focused product design prevents independent verification of external loss figures.

Outside research recently raised estimated losses from the attack to approximately $130 million. Coinkite emphasized its priority remains assisting affected customers rather than speculating on the breach’s scale.

No immediate market reaction was disclosed in relation to the announcement.

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