Coldcard Vulnerability Losses Top $130M as 2,055 BTC Vanish

A vulnerability in Coldcard hardware wallets has led to significant losses for users. Reports from CryptoKing4Ever indicate that over 7,700 addresses have been impacted, resulting in a total loss of 2,055 BTC valued at approximately $130 million.

The incident highlights the importance of continuous vigilance when it comes to self-custody, as even air-gapped devices like those from Coinkite's lineup are not immune to security incidents.

Bitcoin price action on the 4h chart shows that BTC is trading within Bollinger Bands, with an upper resistance at $64,036.35 and immediate overhead barriers set by the EMA50 at $63,701.11 and EMA200 at $63,688.52 in a bearish structure.