Bitcoin’s active address count surges to an 8-month high after panic tied to Coldcard
- The number of active Bitcoin addresses jumped to around 0.98 million addresses per day on July 31, the highest level since December 2024, driven by fears following an exploit of a vulnerability in Coldcard firmware.
- The amount of Bitcoin on exchanges rose by 22,135 BTC, while the number of transactions fell to 607,581, suggesting users are shifting their behavior toward prioritizing operational safety rather than confidence in the market.
- Coinkite said more than 2,000 BTC has been confirmed stolen due to firmware vulnerabilities, prompting users to move funds to safer wallets, with total losses exceeding $100 million.
Source: CryptoPotato
🌍 Updated by GemCrypto
$BTC
- The number of active Bitcoin addresses jumped to around 0.98 million addresses per day on July 31, the highest level since December 2024, driven by fears following an exploit of a vulnerability in Coldcard firmware.
- The amount of Bitcoin on exchanges rose by 22,135 BTC, while the number of transactions fell to 607,581, suggesting users are shifting their behavior toward prioritizing operational safety rather than confidence in the market.
- Coinkite said more than 2,000 BTC has been confirmed stolen due to firmware vulnerabilities, prompting users to move funds to safer wallets, with total losses exceeding $100 million.
Source: CryptoPotato
🌍 Updated by GemCrypto
$BTC