EconPulse Markets. Economy. Malaysia & The World. Sat, 1 Aug 2026
Crypto

How bitcoin cold wallets lost $70 million in an attack that never touched the devices

How bitcoin cold wallets lost $70 million in an attack that never touched the devices
Image: CoinDesk

Summary

Galaxy Research said weak seed generation let an attacker recreate likely private keys offline, sweep more than 1,000 BTC from nearly 1,200 wallets and continue searching without ever accessing the devices.

Source & full coverage: this summary is aggregated from CoinDesk, the original publisher. Read the complete report for full context, data and quotes.

Read the original report at CoinDesk →