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“Nothing Is 100%”: CZ Warns Bitcoin Holders After $89 Million Coldcard Wallet Exploit
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Gulf Insider
Between 12:23 UTC on July 31 and 06:42 UTC on August 1, across blocks 960,396 to 960,471, another 207.73 BTC left 1,912 addresses.
Median losses tell the same story more bluntly: 0.270 BTC in wave one, 0.010 in wave two, 0.013 in wave three.
Each victim’s coins went to their own destination, and the proceeds now sit in 293 separate P2WSH vaults (pay-to-witness-script-hash, a format that keeps its spending conditions hidden until the first time the coins move).
Even the fee constant changed — 30 sat/vB in wave one, 50 and 10 in wave two, roughly 200 then exactly 10 in wave three.
Early reporting pegged losses at roughly 594 BTC, or about $38 million, drained from around 500 wallets.