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Bitcoin Wallets Spike to 2026 High as Coldcard Hack Fallout Spreads

August 8, 202609:50 AM
Bitcoin Wallets Spike to 2026 High as Coldcard Hack Fallout Spreads

Bitcoin has recorded 2.27 million new wallets and 751,000 active wallets this week, marking its strongest blockchain activity in months. This massive movement is directly linked to the panic caused by a firmware exploit in Coldcard hardware wallets, which has already drained over $116 million from users. The crypto community is on high alert, with investors rapidly transferring their funds to more secure locations.

This surge does not represent a buying spree, but rather a security-driven rush, as highlighted by Santiment's analysis. The Coldcard incident serves as a crucial reminder about security risks in the crypto ecosystem and may accelerate the adoption of more robust storage solutions. While Bitcoin's price remains volatile, investor confidence in digital asset storage methods is being severely tested.

This is a summarized and adapted version by Artificial Intelligence. To read the complete original story, visit the official source.

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