SECURITYTHE BLOCK
OKX says Coldcard exploit triggers ‘record’ inflows to centralized exchanges
OKX reported that a Coldcard exploit led to record inflows to centralized exchanges. The exchange also stated it prevented $26.3 million in scam-related losses by blocking suspicious transfers in the first half of the year.
Related Signal
Adjacent reporting
- Unlike the FTX collapse, the $89 million Coldcard exploit has investors sending bitcoin back to exchanges
- Coldcard's $38 million (so far) exploit shakes faith in self-custody, may push investors to ETFs
- Coldcard Bitcoin Exploit Balloons to $88 Million as Attackers Keep Draining Wallets
- Coldcard Losses Near $114M as Small Bitcoin Transfers Spike
- Coldcard Bitcoin Thief Likely Used Top Blockchain Services Provider: Report