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Hackers drain more than $140M in bitcoin from devices made by Canadian firm
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Fusion42 · 4 August 2026 · Fusion42 review
A software flaw in Coldcard hardware wallets made by Canadian company Coinkite Inc. allowed hackers to steal over C$140 million in bitcoin from thousands of accounts, prompting the company to halt shipments and release security updates.
This Wire brief sits within Fusion42's coverage of Fintech, and 4 sources have reported it between 2 Aug 2026 and 5 Aug 2026.
◆ ◆ The Wire takeaway
You need to audit your crypto custody tools immediately after firmware failures like this expose millions in stolen funds. This breach offers a hard deadline to revisit device security or lose customer trust.
◆ Coverage
4 sources · first reported 2 Aug 2026 · latest 5 Aug 2026
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