Unlike the FTX collapse, the $89 million Coldcard exploit has investors sending bitcoin back to exchanges

Reported by CoinDesk · Published 2 Aug 2026, 8:03 PM MYT (1 hr ago)

Image: CoinDesk

The Coldcard vulnerability has smaller bitcoin holders moving funds onto exchanges for safety, according to blockchain analytics firms. This is opposite of the trend seen following the FTX collapse in late 2022.

Source & full coverage: this summary is aggregated from CoinDesk, the original publisher. Read the complete report for full context, data and quotes.

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Unlike the FTX collapse, the $89 million Coldcard exploit has investors sending bitcoin back to exchanges

Summary

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