Coldcard Hacker Strikes Again with $1.94 Million BTC Heist

A hacker linked to the Coldcard theft has struck again, moving $1.94 million in Bitcoin to a new wallet.

The funds were transferred on an unknown date roughly an hour before Lookonchain's update, according to blockchain analytics platform Lookonchain.

The latest transaction follows earlier estimates that losses connected to the Coldcard hack may have totaled 2,055 BTC, valued at about $130 million. Galaxy Research made this assessment.