Dormant Bitcoin wallets holding millions worth of BTC was recently activated after more than a decade of no activity, raising security concerns. Read on CE.
- Security concerns were raised by CNBC’s Crypto Trader host over the reactivation of old Bitcoin addresses, saying that it could be “really scary.”
- A dormant $27M Bitcoin wallet has woken up after 12 years of sleep.
- Glassnode reports that Bitcoin activity has increased with 270k daily transactions.
Following reports of the activation of a dormant Bitcoin wallet holding 1,000 BTC worth $27 million after 12 years, host of CNBC’s “Crypto Trader” Ran Neuner expressed concerns about old BTC addresses becoming active. He said that it could be “really scary” if a wallet generator had been cracked, which would be catastrophic.