CRYPTO
Bitcoin cold-wallet attack spreads to 4,500 addresses as losses near $89 million
CoinDeskSaturday, August 1, 2026 at 8:10 PM
RedScroll Brief
Galaxy Research flagged a third wave of sweeps tied to weak Coldcard-generated keys, with the attacker now targeting smaller balances and changing how funds are collected onchain.
RedScroll Signal
- Impact
- High
- Category
- Crypto
- Market relevance
- High
- Why it matters
- Crypto moves are a live stress test of liquidity, regulation, and narrative risk. Galaxy Research flagged a third wave of sweeps tied to weak Coldcard-generated keys, with the attacker now targeting smaller balances and changing how funds are collected onchain. Watch liquidity and volatility around Bitcoin and Cold-wallet — crypto markets reprice narrative risk quickly.
Desk copy
RedScroll Briefing
Extractive editorial brief — not a reprint of the original
What happened
Galaxy Research flagged a third wave of sweeps tied to weak Coldcard-generated keys, with the attacker now targeting smaller balances and changing how funds are collected onchain.
Why it matters
Crypto moves are a live stress test of liquidity, regulation, and narrative risk.
Background
CoinDesk reported on this under crypto. RedScroll surfaces the signal with an extractive brief — not a reprint of the original article. Read the source for full reporting.
Timeline
CoinDesk published: Bitcoin cold-wallet attack spreads to 4,500 addresses as losses near $89 million
Story is in today’s RedScroll edition. Follow the original source for updates.
Economic impact
Watch liquidity and volatility around Bitcoin and Cold-wallet — crypto markets reprice narrative risk quickly.
More on
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Source
CoinDesk
Original reporting by CoinDesk. RedScroll provides an extractive briefing only.