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Unlike the FTX collapse, the $89 million Coldcard exploit has investors sending bitcoin back to exchanges

Unlike the FTX collapse, the $89 million Coldcard exploit has investors sending bitcoin back to exchanges

The Coldcard vulnerability has smaller bitcoin holders moving funds onto exchanges for safety, according to blockchain analytics firms. This is opposite of the trend seen following the FTX collapse in late 2022.

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Yes, most public blockchains (like Bitcoin and Ethereum) are transparent. Transactions can be traced back to public keys and wallet addresses, meaning that while they are pseudonymous (names are not directly tied to addresses), they are not completely anonymous.

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