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Bitcoin Drops to $63,350 as Coldcard Exploit Wipes $88.6 Million Across 4,585 Wallets
['Maheen Hernandez']
The Currency analytics
A total of 1,367 BTC — worth roughly $88.6 million — was compromised across 4,585 addresses after attackers exploited a flaw in the wallet’s seed generation process.
Coinbase posted $1.2 billion in net revenue for Q2, a 19% decline from the prior year, and logged a net loss of $359 million.
Read also: Coldcard Firmware Flaw Puts 448.7 Bitcoin at Risk as Second Wave Hits 709 WalletsThe Clarity Act’s delay matters.
See also: Canadian Entrepreneur Loses $1.6M in Bitcoin as Coldcard Seed Flaw Hits 4,585 WalletsPavel Durov isn’t having a good stretch either.
A total of 1,367 BTC worth approximately $88.6 million was compromised across 4,585 addresses due to a flaw in Coldcard’s seed generation process.