Bitcoin stolen in Coldcard hardware wallet hack exceeds $88,000,000

The reported theft ties the Coldcard hardware wallet breach to a growing crypto loss figure, underscoring ongoing security risks around self-custody tools.

Summary

Bitcoin stolen in the Coldcard hardware wallet hack has now exceeded $88,000,000. The update points to a rising value of losses associated with the breach, as the dollar amount linked to the stolen Bitcoin increases. The development highlights how hacks involving self-custody devices can compound over time when the underlying asset appreciates, magnifying the financial impact beyond the initial theft.

Terms & Concepts
  • hardware wallet: Physical device for storing private keys offline.
  • self-custody: Holding your own crypto without an intermediary.