news Cloud Crypto Desk 2026-08-12

Coldcard Wallet Hack Siphons $130M as Crypto Bros Flees to ETFs

A firmware flaw in Coinkite's Coldcard hardware wallets allowed hackers to drain roughly $130 million in Bitcoin, sending terrified digital asset holders scrambling for spot ETFs. Up here in the hills of Baja, our only 'cold storage' is a styrofoam cooler packed with Pacifico beer and crushed ice. If a hacker wants to rug-pull our last cold one, they'll have to fight stray beach dogs for it.

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