Cryptocurrency5 Aug 2026SEO 801 min read

Analysis: The $120 million Coldcard hack lights up Bitcoin's memory pool

Your day-ahead look for Aug. 5, 2026 This is an excerpt from CoinDesk newsletter 'Daybook.' Sign up here , if you haven't already. There’s an ol…

Your day-ahead look for Aug. 5, 2026 This is an excerpt from CoinDesk newsletter 'Daybook.' Sign up here , if you haven't already. There’s an old saying that “every coin has two sides.” It applies perfectly to the multimillion-dollar hack of the hardware wallet Coldcard that began on July 30 and is still in progress . On one hand, the hack raised questions about the safety of taking direct custody of coins in hardware wallets as a long-term holding strategy, a technique that beca…

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