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

CryptoInfo Editorial Team · Published on August 07, 2026 at 07:59 · Updated on August 07, 2026 · 1 min read

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Key Takeaways

→July 2026 crypto losses total $247 million, making it the second-worst month of the year
→The Coldcard exploit resulted in over $100 million in losses
→The Coldcard exploit contributed to the high total losses for July 2026

Disclaimer: This content is provided for informational purposes only and does not constitute financial or investment advice.

According to reporting from CoinTelegraph, the Coldcard exploit has contributed to significant losses in the crypto space, with July 2026 experiencing the second-worst month of the year in terms of crypto thefts.

The total losses for July 2026 have been reported at $247 million, with the Coldcard exploit alone resulting in over $100 million in losses.

This incident highlights the ongoing risks and challenges associated with cryptocurrency security.

Source: CoinTelegraph ↗