Press Enter to search · ESC to close

Crypto

Galaxy: Coldcard hack losses 1,789 BTC, 87% unmoved

Galaxy Research reports that losses from the Coldcard hack total 1,789 BTC, with 87% of the stolen funds still unmoved. Over half of the 221 victim reports involved individual losses exceeding 1 Bitcoin.

Original source

AI take

The notable signal here is not the headline figure but the dormancy: 87% of stolen coins sitting untouched suggests the attacker is in no hurry to move or launder them, which shapes how any recovery or tracing effort plays out. The concentration of losses among individual holders above 1 BTC points to targeted compromise of self-custody setups rather than exchange-level failures, a distinction that matters for how hardware wallet users assess their own exposure. Whether that unmoved share starts to shift is the open question worth tracking.

Generated by AI for reference only.

Share

Related News

TREE NEWS share card
Long-press image above → Save to Photos / Share
Pitch us Feedback