coin-img-BTCBTC+0.34%coin-img-ETHETH+0.45%coin-img-SOLSOL+0.57%coin-img-HEIHEI-37.86%coin-img-XRPXRP-0.84%coin-img-USDCUSDC-0.03%coin-img-HYPEHYPE+1.32%coin-img-TRXTRX-0.15%coin-img-BTCBTC+0.34%coin-img-ETHETH+0.45%coin-img-SOLSOL+0.57%coin-img-HEIHEI-37.86%coin-img-XRPXRP-0.84%coin-img-USDCUSDC-0.03%coin-img-HYPEHYPE+1.32%coin-img-TRXTRX-0.15%coin-img-BTCBTC+0.34%coin-img-ETHETH+0.45%coin-img-SOLSOL+0.57%coin-img-HEIHEI-37.86%coin-img-XRPXRP-0.84%coin-img-USDCUSDC-0.03%coin-img-HYPEHYPE+1.32%coin-img-TRXTRX-0.15%coin-img-BTCBTC+0.34%coin-img-ETHETH+0.45%coin-img-SOLSOL+0.57%coin-img-HEIHEI-37.86%coin-img-XRPXRP-0.84%coin-img-USDCUSDC-0.03%coin-img-HYPEHYPE+1.32%coin-img-TRXTRX-0.15%

Coldcard exploit sparks record inflows to centralized exchanges, OKX says

AI Market Summary
A major Coldcard hardware wallet exploit tied to the theft of over 1,300 BTC (>$80M) is undermining confidence in self-custody and driving record inflows to centralized exchanges, per OKX. The incident reinforces a broader 2026 trend of elevated crypto exploits (>$1B losses in H1, Blockaid), increasing perceived security and counterparty risk. Near-term focus shifts to custody practices, exchange security controls, and incident-driven liquidity migration.
Impact level
● High
Affected assets
BTC/USDT+0.33%
AI Insight · BTC/USDTAI Insight
▼ Bearish
Trade now
⚠️ AI-generated insights are based on news content and are provided for informational purposes only. They do not constitute investment advice or represent the views of BingX. Investing involves risk. Please trade responsibly.
A Coldcard hardware wallet vulnerability has been linked to the theft of more than 1,300 Bitcoin worth over $80 million. OKX said it prevented $26.3 million in scam-related losses in the first half of 2026 and safeguarded more than $1.1 billion in customer assets. Blockaid reported crypto projects lost more than $1 billion to hacks in the first half of 2026, with verified exploits hitting a record high.
BTC
BTC+0.27%
Disclaimer: The content above is only the author's opinion and does not represent BingX’s stance. It shall not be construed as investment advice from BingX. For details, refer to the Terms and Conditions.
Security

Risk Warning

Cryptocurrencies and their derivatives are innovative financial products with great volatility and high investment risks.

Although BingX is committed to providing users with easy-to-use trading tools, trading itself is still a highly sophisticated field. Trading digital assets and their derivatives are subject to high market risk and price volatility and may result in partial or total loss of account funds. You must carefully consider and exercise clear judgment to evaluate your financial situation and the aforementioned risks before using BingX Services. You shall be responsible for all losses arising therefrom. If necessary, please consult relevant professionals to make informed decisions before investing. By accessing, downloading, using or clicking on "I agree" to accept any BingX Services provided by BingX, you agree that you have read, understood and accepted all of the terms and conditions stipulated in BingX Terms of Use as well as our Privacy Policy.


Trading by copying or replicating the trades of other traders involves a high level of risks, even when copying or replicating the top-performing traders. Past performance of a BingX community member is not a reliable indicator of his future performance. Content on BingX's trading platform is generated by members of its community and does not contain advice or recommendations by or on behalf of BingX.