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Coldcard’s $89M wallet bug triggers the biggest Bitcoin movement since FTX and completely distorts market signals
CryptoSlate·August 2, 2026·1 min read
AI Summary
Coldcard's $89 million wallet bug has significantly affected Bitcoin sentiment and distorted market signals following a major movement of funds. The situation has highlighted vulnerabilities in AI-assisted cyber defenses and raised concerns about security in cryptocurrency wallets.
From the source
Coldcard’s wallet crisis has shaken Bitcoin sentiment, blurred on-chain signals and exposed a recurring weakness in AI-assisted cyber defenses. On July 30, hardware maker Coinkite warned users that wallets generated with affected Coldcard firmware could be dr…
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