When a cold wallet isn’t so cold: lessons from the $90m bitcoin theft

A daily lion’s-eye view of Bitcoin for South Africa — original take, not recycled news. 28 September 2026.

When a cold wallet isn’t so cold: lessons from the $90m bitcoin theft

Bitcoin answers a question most South Africans are too busy to ask: what is my money actually doing while I sleep?

“Cold storage” that still touches a compromised computer or a leaked seed is not cold — the failure mode is almost always the human step, not the device

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