Coldcard Wallet Vulnerability Damage Expands to $114 Million... Developer Warns of Immediate Transfer
The security vulnerability in Coldcard wallets has been confirmed as ongoing, with the developer issuing an urgent warning for users to immediately transfer their Bitcoin (BTC) assets. The longer the response is delayed, the greater the damage may be due to the manual action required. This warning is not merely preventative. As of August 3 (local time), the confirmed damage has expanded to approximately $114 million (about 162.7 billion won). An additional 449 BTC was leaked from about 709 wallets based on fractured addresses, with the loss size rapidly increasing from the previous approximately $89 million. 'Move Immediately'... Vulnerability Targeting Self-Custody Wallets Coldcard developer Coinkite stated, 'Consider the situation 'urgent' and move your assets immediately.'
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Key takeaway
"Coldcard Wallet Vulnerability Damage Expands to $114 Million... Developer Warns of Immediate Transfer" — BullBear's AI rates this story as a bearish (negative) signal for markets, with a market-impact score of 85 out of 100. The security vulnerability in Coldcard wallets has been confirmed as ongoing, with the developer issuing an urgent warning for users to immediately transfer their Bitcoin (BTC) assets. The longer the response is delayed, the greater the damage may be due to the manual action required. This warning is not merely preventative. As of August 3 (local time), the confirmed damage has expanded to approximately $114 million (about 162.7 billion won). An additional 449 BTC was leaked from about 709 wallets based on fractured addresses, with the loss size rapidly increasing from the previous approximately $89 million. 'Move Immediately'... Vulnerability Targeting Self-Custody Wallets Coldcard developer Coinkite stated, 'Consider the situation 'urgent' and move your assets immediately.' Reported by TokenPost on August 04, 2026. The call is verified against the actual 24-hour price move on BullBear's public conviction ledger.
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