Coldcard Suffers $86M Hack: 1367 BTC Drained in Security Breach

Coldcard, a hardware wallet provider, has suffered a significant security breach. A total of 1,367 BTC worth over $86.2 million was drained from approximately 4,580 addresses.

The incident highlights the importance of wallet security and the need for users to keep their private keys safe. This type of hack can be devastating for individuals who have invested heavily in cryptocurrencies.

The current Bitcoin price is trading within its Bollinger Bands, with an upper resistance at $64,118.08 and lower support at $62,301.44. The bearish trend structure keeps the price below the EMA50 and EMA200, but the MACD golden cross hints at building momentum.

This confluence of indicators suggests that Bitcoin may test its lower band support before any sustained recovery, which could impact near-term price predictions amid ongoing crypto market crash fears.