The exploit, which researchers say stemmed from a flaw in the wallet’s firmware, has resulted in at least 1,816 bitcoin, worth about $114 million, being drained from more than 5,200 addresses since July 30, underscoring the risks even self-custodied assets face when wallet security is compromised. FRNT Financial echoed that view, saying the exploit exposed […]
Why market watchers care
Digital assets increasingly intersect with liquidity, regulation, technology spending, and investor risk appetite. This development is worth tracking alongside the broader market rather than treating crypto as an isolated trade.
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