local
Coldcard wallet attack drains up to $89M in Bitcoin from 1,200+ addresses
Summary by Westlake News Editorial Desk · Byline on the source page: KTBC , as published by FOX 7 Austin (KTBC) - News
· August 3, 2026
· 1 min read
Photo: FOX 7 Austin (KTBC) - News · view original
Story provenance No corrections
Summary created by Westlake News Editorial Desk — automated, rule-governed Byline on source page KTBC, as published by FOX 7 Austin (KTBC) - News Original story Read at the source Source published Aug 3, 2026 Indexed here Aug 3, 2026 AI assistance Automated summary drawn from the source’s own published text Prepublication human review No — editorial rules, flagged-item review, and published samples
Every story comes with a passport. How we work · Corrections log
Key takeaway The incident is believed to have been made possible by a software flaw in Coldcard wallets.
A significant Bitcoin theft has occurred, with attackers draining up to $89M in Bitcoin from over 1,200 addresses. The incident is believed to have been made possible by a software flaw in Coldcard wallets. Further details about the attack are available from security researchers, who noted that a substantial amount of bitcoin was stolen in a short time frame, although full information on the incident is limited in this report.
Why this matters
Local news anchors readers in their community — the people, places, and decisions that shape day-to-day life. Westlake News covers these stories because national outlets often won't.
About this story
As published by FOX 7 Austin (KTBC) - News . Westlake News surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
For the complete original report, visit FOX 7 Austin (KTBC) - News . Have a tip or correction? Contact our newsroom .
Category: local ·
Published: August 3, 2026 ·
Source: FOX 7 Austin (KTBC) - News ·
Reading time: 1 min
Frequently asked about this story
What is this story about? A significant Bitcoin theft has occurred, with attackers draining up to $89M in Bitcoin from over 1,200 addresses. The incident is believed to have been made possible by a software flaw in Coldcard…
When was this published? This article was first published on August 3, 2026 by FOX 7 Austin (KTBC) - News and curated for Westlake News readers.
Who reported this story? This story was reported by KTBC at FOX 7 Austin (KTBC) - News. To learn more about how Westlake News selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more local coverage from Westlake News, or browse our daily briefing and topic hubs .
← Back to all news
More local →
Today’s briefing
Subscribe to newsletter