Bitcoin Slips as Coldcard Wallet Exploit Continues

The price of Bitcoin slipped under $63,000 on Monday despite hopes for an Iran deal that could lower oil prices and boost macro conditions.

A widening exploit of Coldcard hardware wallets has drained nearly $89 million from about 4,585 addresses across three attack waves, contributing to the decline in major cryptocurrencies.

The average haul per address has fallen with each wave, suggesting the attacker has worked through the large balances and is now targeting smaller wallets.