ALERT: 1,082 BTC worth $70.2M drained from 1,196 wallets roughly 30 hours before Coldcard Mk3 vulnerability disclosure, Galaxy says

Galaxy reports 1,082 BTC (~$70.2M) was drained from 1,196 wallets shortly before disclosure of a Coldcard Mk3 vulnerability, suggesting exploit activity preceded public awareness. The episode increases perceived custody and hardware-wallet supply-chain/software risk, potentially raising near-term risk premia and prompting defensive behavior across self-custody users. Bitcoin is the most directly impacted given the reported theft size and wallet concentration.