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Coldcard hacker moves 30 BTC worth $1.94M, signaling possible cash-out after weeks of silence.

Market News
07 Aug 2026
Bitcoin
View Source
Bearish
Coldcard hacker moves 30 BTC worth $1.94M, signaling possible cash-out after weeks of silence.

The hacker behind the Coldcard wallet exploit moved 30.185 BTC (about $1.94 million) to a new wallet after weeks of inactivity. This move breaks the hacker's dormancy and is seen by analysts as a potential sign of preparing to cash out stolen funds totaling roughly 2,055 BTC (around $130 million). The stolen bitcoins originated from a firmware vulnerability in Coldcard devices, affecting many users, especially in Canada. Experts will closely monitor the new wallet for further activity, which could indicate laundering or consolidation of the stolen coins.

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Brown & Brown raises quarterly dividend by 9%, marking 33 years of consecutive increases.

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