Galaxy Research says losses tied to a Coldcard wallet vulnerability have expanded to roughly $70 million. In an analysis cited by multiple outlets, Galaxy identifies 1,196 addresses that were drained of a total of 1,082.65 bitcoin. The reported theft activity occurs within a 41-minute window. Galaxy’s estimate reflects an updated scope of the incident, with the number of affected addresses described as nearly 1,200 and the bitcoin amount corresponding to approximately $70 million based on prevailing prices at the time of reporting. The figures indicate that funds were moved out of a set of addresses associated with the compromised wallets during a short period, suggesting coordinated withdrawal activity. Both reports characterize the updated estimate as the result of Galaxy’s follow-up research, expanding earlier assessments of how much bitcoin was affected and how widely the losses were distributed across addresses. The incident remains tied to the Coldcard vulnerability referenced in the reports.