Galaxy Research: Loss of Over $70 Million Due to Coldcard Wallet Vulnerability

August 1st, in response to the Coldcard wallet hack, Galaxy Research released its findings, revealing that a total of 1,196 addresses were completely emptied, amounting to 1,082.65 bitcoins, worth over $70 million. The attack occurred within a 41-minute window, and the warning from Coldcard was made public approximately 30 hours late.