TechBitcoin Will ‘Survive’ Cold Wallet Hack, Galaxy Digital’s Thorn Says

Alex Thorn, Galaxy Digital’s head of firmwide research, said Bitcoin will “survive” the hack involving Coldcard cold wallets. He made the comments while appearing on Bloomberg Crypto with Isabelle Lee and Tim Stenovec. The breach affected Coldcard wallets produced by Coinkite and has shaken the crypto community. An estimated $130 million in Bitcoin was drained from about 7,300 wallet addresses.