Coldcard wallet flaw linked to 18.25 BTC loss, worth about $1.14 million

Coldcard wallet flaw linked to 18.25 BTC loss, worth about $1.14 million

N
News Editor
2026-08-02 09:12:57
Techub reported that a user lost 18.25 BTC, valued at about $1.14 million, after what was described as a security flaw in a Coldcard hardware wallet. The attacker allegedly exploited the vulnerability and drained the user’s full savings within a short period. Coldcard had not issued a formal statement on the reported flaw at the time of publication, and the exact attack method was still under investigation. The affected user disclosed the loss on social media and warned other Coldcard users to review their wallet security settings. The report also advised users of the affected wallet model to stop using it for now and wait for an official security update.

According to Techub, a user lost 18.25 BTC, worth about $1.14 million, because of a reported security flaw in a Coldcard hardware wallet.

The report said the attacker exploited the wallet vulnerability and stole the user’s entire savings within a short time.

Coldcard had not released a formal statement on the issue at the time of publication. The exact attack method was still being investigated.

The user has disclosed the loss on social media and warned other Coldcard users to check their wallet security settings. The report also advised users of the affected wallet model to pause use and wait for an official security update.

The item was attributed to CryptoTony__.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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