White-hat hackers have successfully consolidated Bitcoin funds that were previously exploited from Coldcard hardware wallets into a new, designated address. This address has been tagged as a "Crypto Recovery Trust," indicating an effort to secure and potentially recover the stolen…
Reports mentioning Galaxy Research
An attacker has successfully moved $7.7 million in Bitcoin, a significant portion of the funds stolen in the third wave of Coldcard hardware wallet thefts. Galaxy Research reported on May 29, 2024, that the hacker drained the 11 largest vaults…
A sophisticated exploit targeting Coldcard Bitcoin wallets has escalated, with a third wave of thefts pushing the total observed losses to approximately 1,367 Bitcoin (BTC), valued at roughly $88 million USD.
A significant and evolving Bitcoin cold-wallet attack has impacted an estimated 4,500 addresses, with cumulative losses approaching $89 million. The ongoing exploitation, first identified by blockchain analytics firm Galaxy Research, targets vulnerabilities in hardware wallets, specifically those generating keys using…
A sophisticated attack on July 30 successfully drained 1,196 Bitcoin addresses, resulting in the theft of 1,082.65 Bitcoin, valued at approximately $70.2 million at the time of the incident. The rapid nature of the theft, completed within 41 minutes, indicated…
Changpeng Zhao, widely known as CZ and the founder of Binance, issued a warning to Bitcoin holders following a significant exploit that resulted in the loss of approximately $70 million.