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Coldcard vulnerability losses linked to Bitcoin jump to $70 million

Galaxy Research said nearly 1,200 addresses were drained of more than 1,000 BTC, totaling roughly $70 million.

Reported · Written up by our desk · Market Structure

The Block reports that losses tied to a Coldcard vulnerability have continued to mount, with Galaxy Research estimating they have reached about $70 million.

According to the research cited by The Block, nearly 1,200 addresses were drained of more than 1,000 BTC, which the outlet equated to roughly $70 million.

The update highlights ongoing impacts from the reported Coldcard weakness, with affected funds still being quantified in terms of both BTC and dollar value.

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