Daily Crypto News

Daily Crypto News

Daily Crypto News

August 5: Coldcard's Failure Is Becoming a $130 Million Disaster

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Daily Crypto News
Aug 05, 2026
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Good morning everybody.

Bitcoin is still parked around $64,000, and once again the biggest story has nothing to do with price.

It’s Coldcard.

What initially looked like a bad firmware bug has turned into one of the largest hardware wallet failures we’ve seen in years, and the estimated losses continue climbing.

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