After Coldcard Was Hacked, $15 Billion in Bitcoin Moved to Safety
60-second summary
Casa CEO Nick Neuman asserts that a massive $15 billion Bitcoin migration to safer wallets after the $130 million Coldcard exploit demonstrates distributed self-custody as Bitcoin's immune system, not its weakness. This movement showcases the resilience of decentralized finance, as users prioritize security by transferring their assets to more secure storage solutions.
Casa CEO Nick Neuman says the mass Bitcoin migration after the $130M Coldcard exploit proves distributed self-custody is Bitcoin's immune system—not its vulnerability.