Binance’s Changpeng Zhao urges caution after $70 million Coldcard wallet exploit
$70 million was stolen in a Coldcard wallet exploit targeting Bitcoin holders. ️ Binance’s CZ advised against storing all crypto in one wallet due to security risks. The Coldcard attack shook investor confidence in hardware wallet safety. Many in $BTC now question the reliability of well-known cold storage solutions.
$70 million was stolen in a Coldcard wallet exploit targeting Bitcoin holders. ️ Binance’s CZ advised against storing all crypto in one wallet due to security risks. The Coldcard attack shook investor confidence in hardware wallet safety. Many in $BTC now question the reliability of well-known cold storage solutions.
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The Coldcard wallet exploit raises serious security concerns for Bitcoin holders, likely leading to increased selling pressure and diminished trust in hardware wallets.
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