The Largest Hardware Wallet Exploit of 2026: Inside the USD 116 Million Coldcard Hack
TRM Labs analyzed a 2026 firmware exploit of the Coldcard hardware wallet that resulted in the loss of 1,816 BTC, approximately USD 116 million, described as the largest hardware wallet exploit of 2026. The analysis covers the incident's impact on self-custody and the ongoing on-chain tracing of the stolen funds.
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