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Coldcard hardware wallet hack exceeds $100M, raising security concerns for Bitcoin self-custody.

Market News
04 Aug 2026
AMBCrypto
View Source
Bearish
Coldcard hardware wallet hack exceeds $100M, raising security concerns for Bitcoin self-custody.

The Coldcard hardware wallet breach has grown into a major investigation, revealing losses of over 1,596 BTC (around $100 million) across about 7,300 addresses. The attacker has not liquidated the stolen Bitcoin, suggesting a focus on consolidating funds, with total suspected losses nearing 2,000 BTC ($130 million) including smaller related incidents. This exploit highlights vulnerabilities in hardware wallet security and challenges assumptions about Bitcoin self-custody, prompting calls for improved wallet designs, better backup methods, and stronger security standards. Coinkite responded by releasing emergency firmware and urging users to generate new seeds, but restoring full confidence depends on transparent security reviews and industry standards.

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Toro stock could rise 24% after strong Q3 sales and profit beat expectations.

Toro stock could rise 24% after strong Q3 sales and profit beat expectations.

The Toro Company reported strong third-quarter results with net sales up 8.4% to $1.23 billion and adjusted EPS of $1.33, beating estimates. Operational efficiency improved, pushing the adjusted operating margin to 13.9%, driven by productivity gains...

Company Fundamentals
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KNOT Offshore Partners posts strong Q2 earnings with 96.8% fleet utilization and $0.075/unit distribution.

KNOT Offshore Partners posts strong Q2 earnings with 96.8% fleet utilization and $0.075/unit distribution.

KNOT Offshore Partners LP reported strong Q2 2026 results, beating analyst expectations with an EPS of $0.10 versus an estimated loss of $0.03 and revenue of $96.78 million exceeding forecasts. The company maintained a high shuttle tanker fleet utili...

Company Fundamentals
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1 hour ago
Waymo could boost Alphabet's profits significantly by 2027, says Sundar Pichai.

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Alphabet CEO Sundar Pichai told employees that Waymo, the company's self-driving car unit, could start making a meaningful financial contribution as soon as 2027. This suggests that Alphabet's investment in autonomous driving technology may be closer...

Others
Neutral
2 hours ago
Mama's Creations posts 55% revenue growth and 101% profit jump, with analyst target up 37%.

Mama's Creations posts 55% revenue growth and 101% profit jump, with analyst target up 37%.

Mama's Creations reported a strong Q2 fiscal 2027 with revenue up 55% to $54.6 million and net income doubling to $2.6 million. The company’s growth is driven by new product launches, effective cross-selling, and inclusion in Costco's national mailer...

Analyst Insights
Bullish
3 hours ago
Jim Cramer warns Costco's high valuation ignores declining sales and membership renewals amid retail shifts.

Jim Cramer warns Costco's high valuation ignores declining sales and membership renewals amid retail shifts.

Jim Cramer highlights concerns about Costco trading at 47 times earnings despite four consecutive quarters of declining comparable sales and weakening membership renewals. He contrasts this with strong performance from discount retailers like Five Be...

Market News
Neutral
4 hours ago
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