Cryptocurrency Watchers Keep Eyes on Coldcard Hack
Dow Jones08-14 23:15
1115 ET - The hacks of Coldcard wallets are being monitored by those keeping an eye on blockchain records. According to a report from CryptoQuant, at least 1,432 BTC has been confirmed stolen from 5,421 victim addresses. That's nearly $90M in bitcoin as of Friday. According to CryptoQuant, most of the stolen bitcoin appears to be parked in several wallets. As of Aug. 12, roughly 1,367 BTC remains stored in 311 attacker addresses, this after another 301 addresses offloaded their stolen tokens. Users spooked by the hack of a cold-storage wallet have been fleeing for centralized exchanges, says CryptoQuant. Bitcoin is down 1.2%, to $62,588.
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