$VELOX
Trending UpSnapshot Window: 2026-08-01 04:50 UTC · ← Back to Crypto Overview
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The two biggest victims of yesterday’s Coldcard exploit lost a combined $4 million. Chainalysis Reactor shows they had split their holdings across multiple independent wallets, likely trying to mitigate their risk of loss to theft and hacks. But wallet redundancy will not protect
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AI visual note: A Chainalysis Reactor flow diagram traces funds from Victim 1 ($2.1M lost) and Victim 2 ($1.9M lost) through their respective funders and "hacked wallet" intermediary addresses, all converging at the "Coldcard Exploiter," illustrating how the attackers drained multiple redundant wallets despite the victims' attempt to spread their holdings across independent wallets.