Choose language / Korean

EN / 한
Coldcard Wallet Vulnerability Damage Expands to $114 Million... Developer Warns of Immediate Transfer
Bull/Bear Index 48.4/100
crypto ▼ Bear Impact 85/100 TokenPost 2h ago Read original ↗

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.'

How this call is verified

The ▼ Bearish call is auto-verified against the actual BTC price in ~22h.

Bar: BTC ±1% within 24h · every verdict lands on the public ledger

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.

1 more report on this event

Google News Bitcoin (EN) BTC news: Coldcard urges users to move bitcoin as active wallet exploit continues - CoinDesk 2h ago

Catch the next bear flag

Telegram alerts when our AI scores a story 80+/100 impact (~1-3 per day, no spam). Verified 30d hit rate 48.1%.

Join Telegram channel

📡 Tomorrow's Watch

Related news

▼ Bear
65/100
Google News Bitcoin (EN) 48m ago

Jim Cramer Plans to Sell Bitcoin Over Quantum Computing Fears

Rewritten: Cramer to sell Bitcoin due to quantum computing concerns.

Jim Cramer plans to sell his Bitcoin holdings due to fears surrounding the advancement of quantum computing and its potential impact on cryptocurrency security.

The potential for quantum computing to disrupt current cryptographic standards, and by extension, digital assets like Bitcoin, introduces a novel layer of uncertainty into the cryptocurrency market. Should prominent figures like Jim Cramer express concerns and signal divestment, it could trigger a ripple effect, influencing broader market sentiment and potentially dampening investor confidence. This development, while still speculative, touches upon macro themes of technological advancement and its unforeseen consequences. The perceived threat to the security of digital assets could lead to a recalibration of risk appetite among investors, prompting a more cautious approach and potentially a flight to perceived safer havens. The long-term implications hinge on the pace of quantum computing development and the industry's ability to implement quantum-resistant solutions.

The potential for quantum computing to disrupt current cryptographic standards, and by extension, digital assets like Bitcoin, introduces a novel layer of uncertainty into the cryptocurrency market. Should prominent figures like Jim Cramer express concerns and signal divestment, it could trigger a ripple effect, influencing broader market sentiment and potentially dampening investor confidence. This development, while still speculative, touches upon macro themes of technological advancement and its unforeseen consequences. The perceived threat to the security of digital assets could lead to a recalibration of risk appetite among investors, prompting a more cautious approach and potentially a flight to perceived safer havens. The long-term implications hinge on the pace of quantum computing development and the industry's ability to implement quantum-resistant solutions.

#crypto
▼ Bear
75/100
Google News Bitcoin (EN) 54m ago

Bitcoin Down 27% in 2026: Has BTC Finally Bottomed or Is Another Crash Coming?

Rewritten: Bitcoin drops 27% in 2026: Is this the bottom?

Bitcoin has fallen 27% in 2026, and investors are questioning whether it has finally bottomed or if another crash is imminent.

A substantial 27% depreciation in Bitcoin's valuation by mid-2026 presents a critical juncture for the digital asset landscape. This significant price correction could exert downward pressure on the performance of numerous altcoins and associated blockchain technology companies, potentially leading to a broader market contraction. The observed price movement may indicate the sustained impact of unfavorable macroeconomic conditions, including persistent inflation or global economic uncertainty, which often negatively affect assets with higher perceived risk. Consequently, investor sentiment could experience further deterioration, fostering a more cautious approach and a potential shift away from riskier investments. The market's trajectory will be keenly observed for indicators of either a definitive price floor or the continuation of a bearish trend.

A substantial 27% depreciation in Bitcoin's valuation by mid-2026 presents a critical juncture for the digital asset landscape. This significant price correction could exert downward pressure on the performance of numerous altcoins and associated blockchain technology companies, potentially leading to a broader market contraction. The observed price movement may indicate the sustained impact of unfavorable macroeconomic conditions, including persistent inflation or global economic uncertainty, which often negatively affect assets with higher perceived risk. Consequently, investor sentiment could experience further deterioration, fostering a more cautious approach and a potential shift away from riskier investments. The market's trajectory will be keenly observed for indicators of either a definitive price floor or the continuation of a bearish trend.

#crypto