Bitcoin Wallet Creation Hits 12-Month High Amid Coldcard Security Collapse
Bitcoin’s on-chain wallet creation hit a 12-month high this week as holders scrambled to rotate custody and audit holdings following a catastrophic firmware flaw in Coldcard hardware wallets that drained more than $130 million in Bitcoin across thousands of devices. The security collapse, coupled with a weaker-than-expected U.S. jobs report that cooled Federal Reserve rate…