Standfirst
The Coldcard hack has left investigators uncertain about the exact loss figures, with CryptoQuant at 1,432 Bitcoin and Galaxy Research placing its high-confidence minimum at 1,730 Bitcoin.
CryptoQuant, a blockchain analytics platform tracking Coldcard hack losses based on victim reports and on-chain analysis, confirmed its total at 1,432 Bitcoin. Meanwhile, Galaxy Research, an independent crypto intelligence company investigating the hack by tracing loss figures beyond initial victim reports to broader attack patterns, estimates a high-confidence minimum of 1,730 Bitcoin.
Analysts like TRM Labs estimate losses in the range of 1,816 BTC across more than 5,200 addresses. These varying figures underscore the uncertainty surrounding the precise scale of the theft, highlighting the challenges faced by investigators as they try to piece together a comprehensive picture of the hack.
Written by Daniel Brooks
Security Desk
