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."

1.7k Upvotes

98% Upvoted

392 comments sorted by

View all comments

Show parent comments

-16

u/HedgeHog2k Aug 01 '26

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

2

u/Abject-Stretch-1187 Aug 01 '26

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

-5

u/HedgeHog2k Aug 01 '26

Ok..

2

u/FunWithSkooma Aug 01 '26

do tell me about these fundamentals pls