{"id":51762,"date":"2026-08-07T18:02:38","date_gmt":"2026-08-07T18:02:38","guid":{"rendered":"https:\/\/cryptd.in\/coldcard-bitcoin-hack-victims-report-median-loss-of-1-btc-as-theft-tops-111-million\/"},"modified":"2026-08-07T18:02:38","modified_gmt":"2026-08-07T18:02:38","slug":"coldcard-bitcoin-hack-victims-report-median-loss-of-1-btc-as-theft-tops-111-million","status":"publish","type":"post","link":"https:\/\/cryptd.in\/cs\/coldcard-bitcoin-hack-victims-report-median-loss-of-1-btc-as-theft-tops-111-million\/","title":{"rendered":"Coldcard Bitcoin Hack: Victims Report Median Loss of 1 BTC as Theft Tops $111 Million"},"content":{"rendered":"<p><a rel=\"nofollow\" href=\"https:\/\/bitcoinmagazine.com\/\">Bitcoin Magazine<\/a><br \/>\n<img decoding=\"async\" src=\"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2026\/08\/Coldcard-Bitcoin-Hack-Victims-Report-Median-Loss-of-1-BTC-as-Theft-Tops.jpg\" \/><br \/>\n<a rel=\"nofollow\" href=\"https:\/\/bitcoinmagazine.com\/news\/coldcard-victims-report-median-loss-1btc\">Coldcard Bitcoin Hack: Victims Report Median Loss of 1 BTC as Theft Tops $111 Million<\/a><\/p>\n<div><\/div>\n<p class=\"wp-block-paragraph\">New analysis of Bitcoin theft reports reveals that stolen funds overwhelmingly came from long-dormant wallets, with victims reporting a median loss of over one coin.<\/p>\n<p class=\"wp-block-paragraph\">Data <a href=\"https:\/\/x.com\/intangiblecoins\/status\/2085752444236005465\">posted<\/a> on X from Galaxy Research\u2019s Alex Thorn looked at 250 victim reports and found the typical stolen coin had sat untouched for 3.5 years, and a striking 88% of pilfered funds were at least a year old.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">By address, losses ranged from a median of 0.014 Bitcoin to a mean of 0.212 Bitcoin, while individual victims reported a median loss of 1.022 Bitcoin and an average of 4.04 Bitcoin \u2014 with one unlucky holder losing as much as 58.97 coins.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">Hackers started by taking over $35 million in Bitcoin from wallets last week Thursday. Coinkite, which makes Coldcard, said that a firmware bug in Coldcard Mk3 devices \u2014 starting with version 4.0.1 in March 2021 \u2014 caused seed generation to fall back to a weak software Pseudorandom Number Generator instead of the hardware true random number generator, allowing hackers to essentially guess investor seedphrases.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">The theft continued throughout the weekend while Coinkite and other Bitcoiners urged Coldcard users to immediately move their funds.<\/p>\n<p class=\"wp-block-paragraph\">Galaxy Research <a href=\"https:\/\/x.com\/glxyresearch\/status\/2085748513015488758\">\u0159ekl<\/a> Friday that a total of $111 million has been confirmed stolen but the number could be much higher as it continues its research.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">\u201cWe have many more coins we are vetting for confirmation \u2014 we think total losses likely exceed $130 million,\u201d the firm wrote on X.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">Since the attack, cautious investors have been moving their coins to other storage solutions \u2014 including exchanges.<\/p>\n<p class=\"wp-block-paragraph\">Coinkite said in a statement this week that the bug in its software \u201csilently went unnoticed\u201d and \u201cits potential impact grew with every release\u201d of its products.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">Days after the first hack, the company urged investors to update their software or move their funds off the popular hardware wallet.\u00a0<\/p>\n<p>This post <a rel=\"nofollow\" href=\"https:\/\/bitcoinmagazine.com\/news\/coldcard-victims-report-median-loss-1btc\">Coldcard Bitcoin Hack: Victims Report Median Loss of 1 BTC as Theft Tops $111 Million<\/a> first appeared on <a rel=\"nofollow\" href=\"https:\/\/bitcoinmagazine.com\/\">Bitcoin Magazine<\/a> and is written by <a rel=\"nofollow\" href=\"https:\/\/bitcoinmagazine.com\/authors\/mathewdisalvo\">Mathew Di Salvo<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Bitcoin Magazine Coldcard Bitcoin Hack: Victims Report Median Loss of 1 BTC as Theft Tops $111 Million New analysis of Bitcoin theft reports reveals that stolen funds overwhelmingly came from long-dormant wallets, with victims reporting a median loss of over one coin. Data posted on X from Galaxy Research\u2019s Alex Thorn looked at 250 victim [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":51764,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-51762","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-feeds"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Coldcard Bitcoin Hack: Victims Report Median Loss of 1 BTC as Theft Tops $111 Million - cryptd.in<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptd.in\/cs\/coldcard-bitcoin-hack-victims-report-median-loss-of-1-btc-as-theft-tops-111-million\/\" \/>\n<meta property=\"og:locale\" content=\"cs_CZ\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Coldcard Bitcoin Hack: Victims Report Median Loss of 1 BTC as Theft Tops $111 Million - cryptd.in\" \/>\n<meta property=\"og:description\" content=\"Bitcoin Magazine Coldcard Bitcoin Hack: Victims Report Median Loss of 1 BTC as Theft Tops $111 Million New analysis of Bitcoin theft reports reveals that stolen funds overwhelmingly came from long-dormant wallets, with victims reporting a median loss of over one coin. Data posted on X from Galaxy Research\u2019s Alex Thorn looked at 250 victim [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptd.in\/cs\/coldcard-bitcoin-hack-victims-report-median-loss-of-1-btc-as-theft-tops-111-million\/\" \/>\n<meta property=\"og:site_name\" content=\"cryptd.in\" \/>\n<meta property=\"article:published_time\" content=\"2026-08-07T18:02:38+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2026\/08\/Coldcard-Bitcoin-Hack-Victims-Report-Median-Loss-of-1-BTC-as-Theft-Tops.jpg\" \/>\n<meta name=\"author\" content=\"cryptd.in\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Napsal(a)\" \/>\n\t<meta name=\"twitter:data1\" content=\"cryptd.in\" \/>\n\t<meta name=\"twitter:label2\" content=\"Odhadovan\u00e1 doba \u010dten\u00ed\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minuty\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/cryptd.in\\\/coldcard-bitcoin-hack-victims-report-median-loss-of-1-btc-as-theft-tops-111-million\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/cryptd.in\\\/coldcard-bitcoin-hack-victims-report-median-loss-of-1-btc-as-theft-tops-111-million\\\/\"},\"author\":{\"name\":\"cryptd.in\",\"@id\":\"https:\\\/\\\/cryptd.in\\\/#\\\/schema\\\/person\\\/7973e8183bc6723b86adfe84d5af0ce4\"},\"headline\":\"Coldcard Bitcoin Hack: Victims Report Median Loss of 1 BTC as Theft Tops $111 Million\",\"datePublished\":\"2026-08-07T18:02:38+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/cryptd.in\\\/coldcard-bitcoin-hack-victims-report-median-loss-of-1-btc-as-theft-tops-111-million\\\/\"},\"wordCount\":344,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/cryptd.in\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/cryptd.in\\\/coldcard-bitcoin-hack-victims-report-median-loss-of-1-btc-as-theft-tops-111-million\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cryptd.in\\\/wp-content\\\/uploads\\\/2026\\\/08\\\/Coldcard-Bitcoin-Hack-Victims-Report-Median-Loss-of-1-BTC-as-Theft-Tops-e3lARl.jpg\",\"articleSection\":[\"Feeds\"],\"inLanguage\":\"cs\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/cryptd.in\\\/coldcard-bitcoin-hack-victims-report-median-loss-of-1-btc-as-theft-tops-111-million\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/cryptd.in\\\/coldcard-bitcoin-hack-victims-report-median-loss-of-1-btc-as-theft-tops-111-million\\\/\",\"url\":\"https:\\\/\\\/cryptd.in\\\/coldcard-bitcoin-hack-victims-report-median-loss-of-1-btc-as-theft-tops-111-million\\\/\",\"name\":\"Coldcard Bitcoin Hack: Victims Report Median Loss of 1 BTC as Theft Tops $111 Million - 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