Coldcard urges users to move bitcoin as exploit is still in progress

CryptoInfo Editorial Team · Published on August 04, 2026 at 12:00 · Updated on August 05, 2026 · 1 min read

✓ AI-assisted, based on real reporting ✓ Educational content only — not financial advice ✓ Transparent Methodology

Key Takeaways

→Coldcard is urging users to move their bitcoin due to an ongoing exploit.
→The exploit has already resulted in roughly $114 million in losses.
→Specific Coldcard wallet models and firmware are still exposed to the exploit.

Disclaimer: This content is provided for informational purposes only and does not constitute financial or investment advice.

Coldcard, a cold wallet maker, is urging its users to move their bitcoin due to an ongoing exploit that has already led to roughly $114 million in losses.

The company has stated that the flaw behind these losses remains live, with specific models and firmware of their wallets still exposed to the exploit.

This warning is based on reporting from CoinDesk, which highlights the urgency of the situation for Coldcard users.

Coldcard's warning serves as a reminder of the importance of security in the cryptocurrency space, particularly for users of cold wallets who may be targeted by exploits.

Source: CoinDesk ↗

Related Coins

Bitcoin BTC