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Home›Crypto›Market Structure›Coldcard hack fallout may reach $130 million as losses…

Coldcard hack fallout may reach $130 million as losses expand

Galaxy Research says losses could increase further if an unconfirmed fourth wave of attacks is later included.

Reported · Written up by our desk · Market Structure

The Block reports that Galaxy Research estimates losses tied to a Coldcard hack could rise as high as $130 million.

According to Galaxy Research, the total could be larger once an additional, currently unconfirmed fourth wave of attacks is included.

The Block notes that Galaxy suspects the losses will swell as more activity tied to the hack is accounted for.

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Sources

The BlockBitcoin losses from Coldcard hack could swell to $130 million, Galaxy Research says

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