BTC $86,813.24 +3.51%
ETH $2,760.68 +2.25%
BNB $782.32 +1.60%
XRP $1.54 +3.15%
SOL $122.83 +4.30%
TRX $0.3347 +0.56%
DOGE $0.0971 +2.79%
ADA $0.2565 +3.80%
BCH $316.51 +2.69%
LINK $14.40 +0.28%
HYPE $91.02 +2.18%
AAVE $183.20 +11.35%
SUI $1.20 +4.18%
XLM $0.2249 +1.97%
ZEC $1,391.46 -0.33%
AAPL $331.50 +0.13%
AMZN $251.58 +0.95%
GOOGL $343.19 -0.46%
MSFT $515.76 -0.66%
META $731.40 +0.21%
NVDA $237.30 +2.44%
TSLA $369.08 +3.55%
SNDK $1,740.54 -0.81%
INTC $124.13 +3.99%
SPCX $156.43 +3.06%
MU $1,089.88 +3.93%
AMD $639.58 +5.02%
BTC $86,813.24 +3.51%
ETH $2,760.68 +2.25%
BNB $782.32 +1.60%
XRP $1.54 +3.15%
SOL $122.83 +4.30%
TRX $0.3347 +0.56%
DOGE $0.0971 +2.79%
ADA $0.2565 +3.80%
BCH $316.51 +2.69%
LINK $14.40 +0.28%
HYPE $91.02 +2.18%
AAVE $183.20 +11.35%
SUI $1.20 +4.18%
XLM $0.2249 +1.97%
ZEC $1,391.46 -0.33%
AAPL $331.50 +0.13%
AMZN $251.58 +0.95%
GOOGL $343.19 -0.46%
MSFT $515.76 -0.66%
META $731.40 +0.21%
NVDA $237.30 +2.44%
TSLA $369.08 +3.55%
SNDK $1,740.54 -0.81%
INTC $124.13 +3.99%
SPCX $156.43 +3.06%
MU $1,089.88 +3.93%
AMD $639.58 +5.02%

coldcard

All
Article
Flash

Galaxy Research: Coldcard attackers continue to transfer funds, approximately 45% of the stolen assets have entered mixing or cross-chain pathways

Galaxy Research published that the attackers in the Coldcard "Wave 3" attack are still continuously transferring the stolen funds. During this phase, the attackers created 293 2-of-2 multi-signature wallets for each victim's assets. The first batch of funds was transferred across chains to Ethereum via THORChain; the latest round of transfers has begun entering the CoinJoin mixing process.Currently, the Wave 3 attackers are processing the largest amounts of stolen funds in order of the stolen amount, having sequentially transferred the funds from wallets ranked 1 to 11. The next 10 wallets that have not yet been transferred hold a total of 30.81 BTC, while wallets ranked 61 to 293 hold a total of 33.77 BTC. So far, the attackers have transferred about 45% of the stolen assets from this exploit, with funds flowing to Ethereum (via THORChain) or entering CoinJoin mixing transactions. Additionally, this fund transfer has revealed a previously unknown wallet: 58 addresses jointly spent in a 2-of-2 multi-signature format identical to that of Wave 3, and these were further transferred by the Wave 3 attackers to a jump address that funds CoinJoin.The on-chain analysis team currently marks this wallet as "cause = open," but believes it likely also belongs to Coldcard victims, which means the number of wallets involved in Wave 3 may increase to 294, raising the previously reported total amount stolen from the Coldcard vulnerability to approximately 1806 BTC. Currently, about 82% of the stolen BTC remains in addresses initially controlled by the attackers, while about 18% has been transferred, with the flow of funds indicating that it may be undergoing laundering processes.
app_icon
ChainCatcher Building the Web3 world with innovations.