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Cold Wallet Exploit Shifts Crypto Trust | Bitcoin and Crypto News
Description
A major Coldcard wallet exploit has exposed critical vulnerabilities in supposedly secure offline bitcoin storage, forcing users to reconsider self-custody and potentially accelerating adoption of regulated Bitcoin ETFs for their simplicity and perceived safety. The breach, affecting even those who followed best practices, underscores that no tech is infallible—and while it won’t kill cold wallets, it’s a wake-up call pushing providers to innovate harder, reshaping the balance between control, convenience, and security in crypto.
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