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Bitcoin Will 'Survive' Cold Wallet Hack: Alex Thorn

Bloomberg Technology Tuesday 11 August 2026, 19:39 UTC 1 min read
Key Points

Alex Thorn, head of firmwide research at Galaxy Digital, joins Isabelle Lee and Tim Stenovec on "Bloomberg Crypto." The crypto community is reeling from a breach involving Coldcard wallets made by Coinkite, that drained an estimated $130 million of Bitcoin from about 7,300 wallet addresses.

Alex Thorn, head of firmwide research at Galaxy Digital, joins Isabelle Lee and Tim Stenovec on "Bloomberg Crypto." The crypto community is reeling from a breach involving Coldcard wallets made by Coinkite, that drained an estimated $130 million of Bitcoin from about 7,300 wallet addresses. (Source: Bloomberg)
Bitcoin (ORG) Survive' Cold Wallet Hack: (EVENT) Alex Thorn Alex Thorn (PERSON) Galaxy Digital (ORG) Isabelle Lee (PERSON) Tim Stenovec (PERSON) Coldcard (PERSON) Coinkite (ORG) Bloomberg (PERSON)
Originally published by Bloomberg Technology Read original →

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