Memes

Coldcard Losses Near $114M as Small Bitcoin Transfers Spike

Decrypt14h agoUpdated 13h ago
Coldcard Losses Near $114M as Small Bitcoin Transfers Spike
Smart Read

Transfers of less than 1 BTC hit levels last seen days after the FTX collapse, while Galaxy Research flagged a likely fourth wave of thefts.

Coins in this story

BTC
₹62,639.00
-0.80%
ETH
₹1,842.33
-1.30%
XRP
₹1.07
-1.10%

Discussion

Related stories

CoinDesk

Bitcoin slips under $63,000 despite Iran deal hopes as Coldcard losses rattle market

Oil and Treasury yields fell after fresh U.S.-Iran talks eased inflation fears, but bitcoin and ether failed to catch a bid as fresh Coldcard-linked sweeps pushed observed losses to nearly $89 million.

CoinDesk

Bitcoin, ether decline as Coldcard exploit enters a fifth day

Nevertheless, the drop in crypto prices seems restrained given the magnitude of losses in the wallet hack and the erosion of confidence in cold storage.

CoinDesk

Bithumb now targets 2028 IP after major internal restructuring

The South Korean crypto trading platform plans to see a preliminary listing review in 2027, but did not identify a proposed listing venue yet.

KryptoKite aggregates and summarises third-party crypto news. This is informational content, not investment advice. KryptoKite does not recommend buying or selling any asset.