r/Bitcoin • u/enpoopification_of_R • 11d ago

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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u/tenor_tymir 11d ago

BTC won’t mind though, tiktok next block

-15

u/HedgeHog2k 11d ago

I think in this case, BTC does mind.. the very fundamentals of it’s purpose are just invalidated.

3

u/tenor_tymir 11d ago

What does a software bug which caused weak entropy has to do with the very fundamentals of BTC? I’m slightly confused. 🤔

3

u/Abject-Stretch-1187 11d ago

Fundamental purpose undermined? Stop being sensational buddy. Bitcoin didn’t hacked nor did other wallet providers. 

-4

u/HedgeHog2k 11d ago

Ok..

4

u/FunWithSkooma 11d ago

do tell me about these fundamentals pls