Coldcard Vulnerability Losses Top $70M as Bitcoin Holders Bitten

The losses associated with a vulnerability in Coldcard wallets have grown to $70 million, according to Galaxy Research. This news follows previous reports of Bitcoin holders losing funds due to a security flaw in the hardware wallet.

The Coldcard vulnerability allowed hackers to drain users' cryptocurrency holdings, resulting in significant financial losses for affected individuals. The total amount lost has now surpassed $70 million, as reported by Galaxy Research.

Coldcard's biggest security failure may have cost $70M, according to a recent report from Cryptopolitan. This incident highlights the importance of robust security measures in protecting users' cryptocurrency assets.