On-chain investigator ZachXBT publicly criticized hardware wallets, dismissing them as ineffective for protecting crypto holdings, a stance likely to reignite debate over self-custody best practices among traders and long-term holders. His comments landed as bitcoin traded steadily near $65,000, showing limited volatility despite broader macroeconomic developments. The relative price calm followed South Korea's decision to raise interest rates, a move that can tighten liquidity and influence risk appetite across global markets, though it appeared to have muted immediate impact on the leading cryptocurrency. ZachXBT, known for tracing hacks and exposing fraud, frequently weighs in on security tools used by investors. His critique adds to ongoing discussions about how users should safeguard digital assets. Bitcoin's stability suggests markets are digesting the rate hike without significant selling pressure at current levels.
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