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Binance founder CZ warns Bitcoin holders to spread funds after $70M Coldcard exploit
🪙 Crypto

Binance founder CZ warns Bitcoin holders to spread funds after $70M Coldcard exploit

Binance founder CZ urged crypto holders to spread their funds across multiple wallets following a Coldcard wallet exploit that Galaxy Research estimates cost approximately $70 million — nearly double the initial figure. CZ commented that "nothing is 100% safe." The incident has reignited concerns about the security of hardware cryptocurrency wallets.

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