Nevertheless, the drop in crypto prices seems restrained given the magnitude of losses in the wallet hack and the erosion of confidence in cold storage.

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…

Galaxy said nearly 1,200 addresses were drained of more than 1,000 BTC worth roughly $70 million tied to a Coldcard vulnerability.