Galaxy Research reports ongoing thefts from Coldcard hardware wallets, with losses totaling nearly 1,600 BTC across thousands of addresses.
Hackers have stolen 1,596 BTC from approximately 7,300 addresses linked to Coldcard hardware wallets. The breach remains active, with users advised to follow updated security protocols immediately.
The incident follows prior warnings about vulnerabilities in hardware wallet security. No prior consensus estimates were available for comparison, but the scale of the theft underscores growing risks in crypto storage solutions.
Markets have yet to react significantly, though the event may heighten scrutiny of self-custody security measures.