Over $70M in Bitcoin Stolen from Cold Wallets
Recent thefts have drained over $70 million in Bitcoin from cold wallets, with one incident involving Coldcard users losing $100 million. The breaches sparked community criticism of Michael Saylor for focusing on BIP-110 promotion instead of addressing the attacks, and comparisons to Pi Network's cautious development approach.
Detected & updated continuously · Source: Nebula
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@LukeMikic21
While $100M of Bitcoin is being drained from Coldcard users, Michael Saylor has taken the time to write TWO long threads on Twitter... Both threads are focused on how BIP-110 only has 1% of the networks economic weight at the moment... This is the strange part... We all know https://t.co/ay9TO1plBt
@RizoWeb3
Seeing the recent $70M+ Bitcoin theft from cold wallets made me think! A lot of people keep asking why Pi Network is taking so long and why we mostly see protocol upgrades. But $Pi isn't just building a coin. They're building a blockchain, wallet, ecosystem, social platform, https://t.co/NYc38UTV2a