A recent Coldcard vulnerability has prompted smaller bitcoin investors to transfer their coins back to exchanges, citing security concerns. This trend is in stark contrast to the aftermath of the FTX collapse in late 2022, where investors withdrew funds from exchanges due to trust issues.
Source
"Bitcoin Investors Send Coins Back to Exchanges After Coldcard Exploit" — CoinDesk
This article is Bitcoincryptos' summary and analysis of reporting originally published by CoinDesk. Read the full original report at the link above.
The $89 million exploit on Coldcard has led to a surge in deposits at major cryptocurrency exchanges, according to blockchain analytics firms.
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