Hackers Just Stole $130 Million Worth of Bitcoin From Cold Storage. Here's Why That Matters for Bitcoin Investors.
Bitcoin is up 21% in the past few days, as positive sentiment takes over.
Overview
In the past few days, the price of Bitcoin (CRYPTO: BTC) has soared 21% (as of Aug. 24). The bulls are preparing for the positive market sentiment to continue and lift the world's top cryptocurrency out of its slump and to a new record.
However, Bitcoin continues to face threats, most recently highlighted by the surprisingly weak security of a popular hardware wallet that allowed hackers to steal $130 million in assets. This unfortunate event negatively impacts the public's trust in this digital asset.
Details
Here's what Bitcoin investors need to know.
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.