Economy Yahoo Finance 1h ago

The flaw that drained $38M in Bitcoin in 25 minutes

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Analysis of Bitcoin market analysis showing neutral sentiment.

Sentiment
Neutral
AI Confidence
50%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

A flaw in how Coldcard hardware wallets generated their keys let an attacker sweep roughly 594 bitcoin — about $38 million — from around 500 wallets in just 25 minutes. The bug traces back to a March 2021 firmware update. CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily."

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Summary

Analysis of Bitcoin market analysis showing neutral sentiment.

Time Horizon

Short Term

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Original article published by Yahoo Finance on July 31, 2026.
Analysis and insights provided by AnalystMarkets AI.