CoinDesk·2 min read·medium

Bitcoin, ether decline as Coldcard exploit enters a fifth day

O
Omkar Godbole
Bitcoin, ether decline as Coldcard exploit enters a fifth day
AI Summary

Bitcoin and ether prices have declined as a significant security exploit involving Coldcard wallets continues to impact market sentiment. Analysts note that the incident has prompted some investors to move assets back to exchanges, challenging the industry's long-term trend toward self-custody.

The incident has rocked sentiment on crypto social media, with numerous small holders complaining of losing long-term holdings and reassessing their faith in crypto.

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