Coldcard's $38 million (so far) exploit shakes faith in self-custody, may push investors to ETFs

A software bug in popular hardware wallet Coldcard that led to the theft to this point of nearly 600 bitcoin worth roughly $38 million is prompting questions about security and whether managing private keys has become too risky for everyday investors....
Coins in this story
Discussion
Related stories

Tether posts $1.5 billion operating profit in Q2 as reserve buffer falls by half
The world’s largest stablecoin issuer added 14 metric tons of gold and about 1,800 bitcoin to its reserves during the second quarter....

The good and the bad of perps, according to crypto traders
Both retail and institutional traders worry about the funding rate....

Bitcoin drops to two week low near $62,000 as equities diverge
Bitcoin fell 3.5% to $62,369 on Friday, reaching its lowest level in over two weeks amid month-end volatility. While Asian markets saw a massive rebound led by South Korea's KOSPI index surging 17.9%, US equities stagnated and dragged crypto sentiment down. Despite a strong July gain of 8.5%, analysts warn that historical bear-market patterns could trigger further downside in August as key resistance levels remain unbroken.