Get all your news in one place.
100's of premium titles.
One app.
Start reading
International Business Times UK
International Business Times UK
Technology
Regyl Jaen

YOU WONT BELIEVE: Bitcoins 88m coldcard hack isnt over experts warn all vulnerable wallets will eventually be drained - What They Never Told You

Galaxy Research says the Coldcard theft campaign isn't over, warning that vulnerable Bitcoin wallets remain in hackers' sights. (Credit: PHOTO: Pexels.com)

Researchers say the cryptocurrency theft targeting compromised Coldcard hardware wallets is still unfolding, warning that more users could risk losing their funds if they fail to act. Galaxy Research has uncovered a third wave of thefts, adding 207.73 Bitcoin (BTC) to the losses already recorded. The firm has now tracked about 1,367 BTC, worth roughly $88.6M at current prices, stolen from 4,585 wallet addresses.

Galaxy has shared a list of some 600 suspected attacker addresses with US federal investigators, compliance firms, and cybersecurity partners. The firm also credited affected users who supplied transaction records that helped investigators trace the stolen Bitcoin.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.