Coldcard Bitcoin Thefts May Hit $150 Million Total

New research from Galaxy suggests that the frequency of thefts targeting Coldcard hardware wallets is finally dropping. While the pace of these incidents has cooled, experts estimate that the total value lost could eventually exceed $150 million.

Analysts believe the slowdown happened because the most vulnerable targets have already been hit or have moved their funds to safer storage solutions. It appears that the attackers have largely exhausted the pool of easily accessible wallets, leaving the remaining funds harder to reach.

This situation serves as a heavy reminder about the importance of supply chain security for hardware devices. Even with top tier security tools, users should always source their equipment directly from the manufacturer to avoid potential tampering risks.

Traders should keep an eye on official security patches and any further updates from the hardware manufacturers. Staying informed is the best way to keep your assets safe in a market where recovery is often impossible.