$15B Bitcoin Moved After $130M Coldcard Wallet Hack

A $130 million exploit targeted Coldcard hardware wallets, draining vulnerable funds one by one. The attack prompted users to move approximately 233,000 Bitcoin valued at $15 billion to new wallets for safety.

Casa CEO Nick Neuman said this event highlights the resilience of self-custody, demonstrating that users can independently secure their assets without centralized help.

The incident underscores the importance of secure wallet setups, timely updates, and recovery plans for Bitcoin holders managing their own funds.