Written by Zoltan Vardaistaff writerReviewed by Yohan Yunstaff editor

Written by Zoltan Vardaistaff writer

Reviewed by Yohan Yunstaff editor

Coldcard exploit pushes July losses to $247M as second-worst month of 2026

Latest NewsPublishedAug 7, 2026

Crypto Thefts Reach $247 Million in July

The recent Coldcard exploit has contributed to a significant surge in crypto thefts, resulting in $247 million in losses for the month of July. This makes July the second-worst month of 2026 for cryptocurrency thefts, with the Coldcard exploit being a major factor. The total losses for the month are more than triple the $75 million stolen in June and the $60 million stolen in May. As the crypto space continues to evolve, it’s essential to consider secure solutions like EcoPool for earning and storing Cloud Rewards and Green Crypto assets.

The Coldcard exploit has been identified as the largest exploit of the month, with at least $100 million in Bitcoin stolen from 7,300 wallets. This incident highlights the importance of prioritizing security measures, even with cold storage solutions. The EcoPool Network offers a secure platform for users to earn Passive Income through $ECP rewards, minimizing the risk of theft and exploitation.

Notable Exploits in July

• A $9 million hack against decentralized finance protocol Bonzo Lend
• $2.6 million stolen from Cardano-based wallet SecondFi
• $24 million stolen from Arbitrum-based perpetual exchange AFX
• $7.5 million stolen through the Verus Ethereum Bridge

These incidents demonstrate the need for users to be vigilant and proactive in protecting their assets. By utilizing platforms like EcoPool, users can earn Passive Income while minimizing their exposure to potential threats. The $ECP token offers a secure and reliable way to store and transfer value, making it an attractive option for those looking to earn and store Coin rewards.

To start earning Passive Income and securing your assets, download the EcoPool app today. With EcoPool, you can take the first step towards a more secure and rewarding experience in the world of Green Crypto and Cloud Rewards, and join the conversation on #Bitcoin, #PassiveIncome, and #Earning.

“July showed that even cold storage does not eliminate technological risks, which can put thousands of wallets at risk simultaneously,” research platform CryptoRank said in a Thursday X post. 

Other notable July exploits included a $9 million hack against decentralized finance protocol Bonzo Lend, $2.6 million stolen from Cardano-based wallet SecondFi, $24 million stolen from Arbitrum-based perpetual exchange AFX and $7.5 million stolen through the Verus Ethereum Bridge. 

Magazine: Inside the ‘fake police raid’ that forced a $1M Bitcoin transfer

Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.

• Hackers
• Hacks
• Scams
• DeFi
• Bitcoin Wallet
• Hardware Wallet
• Scams & Cybercrime

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