SECURITYCOINDESK
Binance founder CZ calls for wallet diversification after $70 million Coldcard exploit
Binance founder CZ has urged users to diversify their cryptocurrency wallets following a $70 million exploit involving Coldcard. The incident highlights concerns about security in digital asset storage.
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Adjacent reporting
- Coldcard's $38 million (so far) exploit shakes faith in self-custody, may push investors to ETFs
- Coldcard Wallet Flaw Exposes Years of Bitcoin Seeds After $70M in BTC Stolen
- CZ Urges Binance Users To Lock Accounts In Countries With High Crypto Kidnapping Rates
- Coldcard Bitcoin Thief Likely Used Top Blockchain Services Provider: Report
- $38M in Bitcoin Drained by Coldcard Key Flaw Its Maker Thinks AI Found
- ‘Funds may be at risk’: Coinkite issues warning for Coldcard Mk3 users amid 594 BTC theft reports