Coinkite Coldcard Exploit Drains $88M in BTC as Attackers Target Air-Gapped Devices

The Coinkite Coldcard hardware wallet has been hit by an exploit that has drained $88 million in BTC, with attackers continuing to target air-gapped devices. This marks a sharp escalation from prior incidents in the last twelve months, with historical searches showing a significant increase in attacks on Bitcoin wallets since 2024-2026. The current price of BTC sits below both its EMA50 and EMA200 levels, confirming a bearish trend structure, while the MACD registers a golden cross at -270.03.

The exploit has been ongoing for some time, with attackers targeting air-gapped devices that are not connected to the internet. This type of attack is particularly concerning as it allows hackers to bypass traditional security measures and access sensitive information. The Coinkite Coldcard hardware wallet is designed to be secure, but it appears that the exploit has found a way to compromise even these supposedly impenetrable devices.

The price of BTC remains inside Bollinger Bands, suggesting any push higher will likely meet rejection before testing lower support near $62001.37. This indicates that the market is still in a bearish trend and may continue to decline further. It's essential for users to remain vigilant and take necessary precautions to protect their wallets from such attacks.

The incident highlights the importance of robust security measures, especially for air-gapped devices. Users should ensure they have the latest software updates installed and be cautious when connecting their devices to the internet. This will help prevent similar exploits in the future.