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'Nothing Is 100%,' Binance's CZ Reacts as $70 Million Coldcard Exploit Stirs Panic

Covered by 3 sources · 3 articles

3 outlets - including Thecoinrepublic, Decrypt and U - are covering this story. Key Insights: The COLDCARD exploit has sparked fresh concern across the Bitcoin community after about 594 BTC, worth nearly $40 million, was stolen from hundreds of hardware wallets. Binance founder CZ, JAN3 chief Samson Mow, and Strike CEO…

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COLDCARD Exploit: Binance Founder CZ Warns, “Nothing is 100%”
The Coin Republic News Aug 2, 09:00 UTC

COLDCARD Exploit: Binance Founder CZ Warns, “Nothing is 100%”

Key Insights: The COLDCARD exploit has sparked fresh concern across the Bitcoin community after about 594 BTC, worth nearly $40 million, was stolen from hundreds of hardware wallets. Binance founder CZ, JAN3 chief Samson Mow, and Strike CEO…

CZ Warns Bitcoin Holders After $70 Million Wallet Exploit: 'Nothing is 100%'
Decrypt Coins Aug 1, 16:01 UTC

CZ Warns Bitcoin Holders After $70 Million Wallet Exploit: 'Nothing is 100%'

The Binance founder urged holders to spread funds across multiple wallets as Galaxy Research put the toll from the Coldcard exploit at roughly $70 million—nearly double the initial estimate.

U.Today Aug 1, 15:11 UTC

'Nothing Is 100%,' Binance's CZ Reacts as $70 Million Coldcard Exploit Stirs Panic

Binance's CZ has encouraged crypto users to stay vigilant and maintain precautions in holding crypto assets, explaining to them that nothing guarantees 100% safety.