Bitcoin, ether decline as Coldcard exploit enters a fifth day
CoinDesk·
60-second summary
Bitcoin and ether prices are declining as the Coldcard exploit enters its fifth day, with the wallet hack resulting in significant losses. The hack has eroded confidence in cold storage solutions, raising concerns about the security of user funds. The restrained drop in crypto prices suggests a cautious market, awaiting further developments on the exploit's impact.
Nevertheless, the drop in crypto prices seems restrained given the magnitude of losses in the wallet hack and the erosion of confidence in cold storage.