+1.62%

S&O 500 5,382.45

-0.47%

US 10 400

+2.28%

Nasdaq 16,565.41

+2.28%

Crude Oil 16,565.41

-0.27%

FTSE 100 8,144.87

+1.06%

Gold 2,458.10

-0.53%

Euro 1.09

+0.36%

Pound/Dollar 1.27

Sunday, August 2, 2026

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

by marketdash
0 comments


Every step of that runs on the attacker’s machine. The victim’s device is not involved at any point and could be powered off in a safe on another continent.

Galaxy’s breakdown shows the process running. Of the drained wallets, 1,183 used the modern native segwit address format, seven used an older standard and six an older one still. Nobody targets a specific victim across three address formats at once.

That is systematic enumeration, checking each candidate seed against every path it might have produced. The operator can widen the search, refine it and return whenever they choose.

Galaxy warned further waves are likely if owners do not move their funds.

Nor can an owner determine whether they are exposed. There is no test to run against your own wallet that reveals whether your seed sits inside the reproducible range.

Attack might not…



Source link

You may also like

Get New Updates nto Take Care Your Pet

Discover the art of creating a joyful and nurturing environment for your beloved pet.

Subscribe my Newsletter for new blog posts, tips & new photos. Let's stay updated!

Will be used in accordance with our Privacy Policy

@ 2024 – Marketdash – All Rights Reserved.