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Coldcard exploit sparks Bitcoin flight, ‘bullish’ crypto consolidation: Hodler’s Digest, August 2
A $90 million Bitcoin loss from cold storage due to a Coldcard exploit has negatively impacted market sentiment. The Clarity Act remains stalled with only five days left before a potential Senate vote.
Related Signal
Adjacent reporting
- Unlike the FTX collapse, the $89 million Coldcard exploit has investors sending bitcoin back to exchanges
- Bitcoin losses linked to Coldcard vulnerability grow to $70 million, Galaxy Research says
- $38M in Bitcoin Drained by Coldcard Key Flaw Its Maker Thinks AI Found
- Coldcard Bitcoin loss estimate rises to $70M after Galaxy analysis
- Coldcard Bitcoin Exploit Balloons to $88 Million as Attackers Keep Draining Wallets
- Coldcard's $38 million (so far) exploit shakes faith in self-custody, may push investors to ETFs