SecurityBreakingUnverified

Coldcard hacker swaps stolen Bitcoin for ETH via THORChain

The third-wave Coldcard exploiter moved about 10% of stolen funds through THORChain as researchers traced the assets to a new Ethereum address.

What happened

The third-wave Coldcard exploiter moved about 10% of stolen funds through THORChain as researchers traced the assets to a new Ethereum address.

Why it matters

The incident may affect operational continuity, asset safety or trust around Ethereum, Bitcoin. Watch for verified scope and remediation.

Affected entities

Bitcoin · BTCDownEthereum · ETHDown

View evidence

1 reports · 1 original report · 1 independent

  1. CointelegraphPrimary source · Supports · EN · 100%
    Coldcard hacker swaps stolen Bitcoin for ETH via THORChain

Claims

  • Coldcard hacker swaps stolen Bitcoin for ETH via THORChain Observed

Conflicts

No material conflict detected in the available evidence.

Timeline

  1. First reported

Market move following event

BTC · 15 min+0.07%
ETH · 15 min-0.07%
BTC · 1 h-0.00%
ETH · 1 h+0.00%
ETH · 4 h-0.03%
BTC · 4 h+0.03%
BTC · 24 hUnavailable
ETH · 24 hUnavailable

Score explanation

Confidence · formula confidence-2.1.0
Source trust63
Independent corroboration51
Primary evidence35
Claim consistency82
Extraction confidence82
Attribution quality90
Impact · formula impact-2.1.0
Event magnitude96
Market relevance74
Entity significance98
Market breadth63
Novelty68
Urgency96
Ranking · formula rank-1.0.0
Confidence factor0.82
Freshness factor0.9986
Breaking bonus8
Coldcard hacker swaps stolen Bitcoin for ETH via THORChain | IntelCap