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

Source: CoinDesk
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.

Read original on CoinDesk
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CoinMagnetic Team

Crypto investors since 2017. We trade with our own money and test every exchange ourselves.

Updated: July 2026

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