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At least 15 attackers exploited Coldcard vulnerability: Galaxy

Cointelegraph · Aug 4, 2026

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Informational impact7/100
AI confidence9/100
Risk contextHighOperational, security or regulatory context
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Story summary

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Galaxy reported that at least 15 different attackers have exploited a vulnerability in the Coldcard hardware wallet. According to Dragonfly's managing partner, the issue could potentially have been prevented with approximately $2 worth of AI-based hardening measures.

Why it matters

The exploitation of a hardware wallet vulnerability by multiple attackers raises concerns about the security of widely used cryptocurrency storage devices. If the vulnerability was easily preventable, it highlights potential gaps in security practices within the hardware wallet industry.

Key points

  • At least 15 attackers exploited a Coldcard vulnerability, according to Galaxy.
  • Dragonfly's managing partner suggested the issue could have been avoided with $2 worth of AI hardening.
  • The vulnerability affects the Coldcard hardware wallet, a popular Bitcoin storage device.
  • The incident underscores potential security weaknesses in hardware wallet implementations.

Supported by supplied text

  • Galaxy stated that at least 15 different attackers exploited the Coldcard vulnerability.
  • Dragonfly's managing partner said the vulnerability may have been avoided with $2 worth of AI hardening.

Not established

  • The specific nature and technical details of the Coldcard vulnerability are not described.
  • It is unclear whether the $2 AI hardening would definitively have prevented all exploitation.
  • The total number of affected users or funds lost is not provided.
Market context: Unknown
AI output is based only on the stored feed text and may be incomplete or incorrect. It is not investment advice. Verify important claims at the original source.
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