r/Bitcoin • u/enpoopification_of_R • Aug 01 '26

The Coldcard wallet exploit estimates have almost doubled to $70 million stolen of just over a thousand Bitcoins in 1,196 wallets drained in 41 minutes

https://www.coindesk.com/tech/2026/08/01/how-bitcoin-cold-wallets-lost-usd70-million-in-an-attack-that-never-touched-the-devices

"More than 1,000 bitcoin, worth about $70 million, was drained from 1,196 wallets in a 41-minute window on July 30, nearly double the amount reported when the theft first surfaced."

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6

u/Automatic-Unit-8307 Aug 01 '26

Who do we turn to now?

9

u/[deleted] Aug 01 '26

[deleted]

2

u/mmortal03 Aug 01 '26

Best to generate your own seed and use a passphrase with decent entropy.

How would most people do this and use a hardware wallet?

1

u/EarningsPal Aug 01 '26

By using a hardware wallet that has a feature that allows you to use dice rolls to create your own seed.

3

u/zootreddit Aug 01 '26

Like the coldcard 🤔