Sentiment: Negative
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Coldcard’s $89M wallet bug triggers the biggest Bitcoin movement since FTX and completely distorts market signals
By Oluwapelumi Adejumo at 2026-10-08 21:14
Sentiment: Negative
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 drained because a software error produced seed phrases with far less randomness than intended. This security incident, Galaxy Research […] The post Coldcard’s $89M wallet bug triggers the biggest Bitcoin movement since FTX and completely distorts market signals appeared first on CryptoSlate. Continue reading...
Categories: AI
Tags: #AI #Featured #Hacks #Wallets #Bitcoin #Coldcard
Source CryptoSlate