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Hackers steal over $130M by exploiting bug in offline hardware wallets

A critical security vulnerability in the Coldcard cryptocurrency hardware wallet is being exploited by hackers to drain victims' crypto funds, with total losses exceeding $130 million. The bug affects offline hardware wallets, undermining one of the primary security guarantees of cold storage solutions.

Background

Coldcard is a popular Bitcoin hardware wallet known for its air-gapped security design. Hardware wallets are considered one of the safest ways to store cryptocurrency offline, making this breach particularly significant.

Source
TechCrunch
Published
Aug 5, 2026 at 12:27 AM
Score
8.0 / 10