Bitcoin: ColdCard Hack Drains $1.6M in BTC

Bitcoin trader Jonathan Goodman lost 18.25245043 BTC valued at $1.6 million CAD when hackers exploited a 2021 ColdCard code flaw to AI-brute-force seed phrases from an offline device in a safety deposit box on July 29. The incident highlights AI industry impact on hardware wallet security and feeds into broader BTC price prediction models that factor in rising custody risks during potential crypto market crash scenarios. With Bitcoin at $62711.46 testing the lower Bollinger Band support near $62226 while EMA50 resistance sits at $64014.47 and MACD confirms a death cross, price action points to continued downside pressure before any relief toward the upper band at $65224.