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Binance’s Changpeng Zhao urges caution after $70 million Coldcard wallet exploit

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FOMOGRAM Editorial Desk
Aug 1, 2026
98.5% CONFIDENCE
CoinTurk FEED
Binance’s Changpeng Zhao urges caution after $70 million Coldcard wallet exploit
EXECUTIVE SUMMARY

 $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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