Coldcard exploit drives July crypto thefts to $247M
July was the second-worst month of 2026 for cryptocurrency thefts, with losses reaching $247 million, largely due to the Coldcard exploit.
YayaNews contributes financial news and market context through the YayaNews editorial workflow.
July was the second-worst month of 2026 for cryptocurrency thefts, with losses reaching $247 million, largely due to the Coldcard exploit.
Coldcard exploit drives July crypto thefts to $247M
DOGE
$0.06939
0.78%
TRX
$0.3271
0.02%
LINK
$8.21
0.26%
ZEC
$505.37
0.17%
ADA
$0.2016
6.66%
XRP
$1.03
2.37%
ETH
$1,909.38
0.22%
BTC
$64,583.56
0.48%
XMR
$371.11
1.81%
BNB
$587.95
1.24%
XLM
$0.1620
0.03%
SOL
$73.16
1.06%
HYPE
$56.25
0.22%
Written by
Zoltan Vardai
staff writer
Reviewed by
Yohan Yun
staff editor
Written by
Zoltan Vardai
staff writer
Reviewed by
Yohan Yun
staff editor
Coldcard exploit pushes July losses to $247M as second-worst month of 2026
Latest News
Published
Aug 7, 2026
The Coldcard exploit, which caused more than $100 million in losses, helped push July crypto thefts to $247 million, making it the second-worst month of 2026.
July emerged as the second-worst month of 2026 for cryptocurrency thefts, largely due to the recent Coldcard exploit.
Hackers stole $247.4 million in crypto in July, the most this year after the $644 million stolen in April, according to DefiLlama
data
. The total was more than triple the $75 million stolen in June and the $60 million stolen in May.
The
Coldcard exploit
was the month’s biggest exploit, with at least $100 million in Bitcoin (BTC) stolen from 7,300 wallets across three confirmed attack waves, according to Galaxy Digital. The company also identified a
suspected fourth wave
that could bring total losses to about $130 million. DefiLlama’s hack tracker estimates losses tied to the Coldcard exploit at $115 million.
“July showed that even cold storage does not eliminate technological risks, which can put thousands of wallets at risk simultaneously,” research platform CryptoRank said in a Thursday X
post
.
Other notable July exploits included a
$9 million hack
against decentralized finance protocol Bonzo Lend,
$2.6 million stolen
from Cardano-based wallet SecondFi,
$24 million stolen
from Arbitrum-based perpetual exchange AFX and $7.5 million stolen through the Verus Ethereum Bridge.
Magazine:
Inside the ‘fake police raid’ that forced a $1M Bitcoin transfer
Subscribe to daily byte-sized crypto news from Cointelegraph
Subscribe
Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s
Editorial Policy
and aims to provide accurate and timely information. Readers are encouraged to verify information independently.
Hackers
Hacks
Scams
DeFi
Bitcoin Wallet
Hardware Wallet
Scams & Cybercrime
More on the subject
Crypto wrench attacks steal more than $30M so far in 2026: Chainalysis
20 hours ago
Ezra Reguerra
Coldcard hackers transfer 64 BTC and 200 ETH to cryptocurrency mixers
21 hours ago
Zoltan Vardai
EU watchdogs warn of impersonation scams amid MiCA licensing shakeout
Aug 6, 2026
Ezra Reguerra
News Brief
Crypto wrench attacks steal more than $30M so far in 2026: Chainalysis
20 hours ago
Ezra Reguerra
Coldcard hackers transfer 64 BTC and 200 ETH to cryptocurrency mixers
21 hours ago
Zoltan Vardai
EU watchdogs warn of impersonation scams amid MiCA licensing shakeout
Aug 6, 2026
Ezra Reguerra
News Brief
Original YayaNews editorial coverage, published for informational purposes.
This article is sourced from CoinTelegraph. It is for informational purposes only and does not constitute investment advice.
Topics & Symbols
Continue Reading
Related Reading
Upbit Lists PROM with KRW and USDT Trading Pairs, Opening New Opportunities for Mid-Cap Tokens
Upbit announced the addition of PROM KRW and USDT trading pairs, with a market cap of approximately $43.5 million. This article analyzes the significance, project background, and market impact for investors.
SEC Prepares Major Crypto Plan as Clarity Act Stalls: What It Means for Markets
As the Clarity Act remains gridlocked, the SEC is reportedly preparing a significant crypto regulatory plan. This article analyzes potential new rules covering DeFi, stablecoins, and exchanges, market reactions, and the global competitive pressures shaping U.S. oversight.
Binance Launches DOSUSDT Perpetual Contract: Market Impact and Investment Strategy Analysis
Binance announced the listing of the USDⓈ-M DOSUSDT perpetual contract on August 11, 2026. This article analyzes the announcement background, market reactions, and investment risks to help investors seize opportunities.
Ireland Plans Industry Standards for Illicit Crypto Use
The strategy prepared by the Irish government’s finance department included industry standards on crypto used for gambling and strengthening AML/CFT measures in certain cases.
