InsiderFlow › News › Live updates: ZachXBT calls hardware wallets complete garbage; BTC steady near $65,000

CRYPTO · CoinDesk · Jul 16, 2026 NEUTRAL

Live updates: ZachXBT calls hardware wallets complete garbage; BTC steady near $65,000

ZachXBT called hardware wallets "complete garbage," while Bitcoin stayed around $65,000 after South Korea raised its interest rates.

What it means

ZachXBT called hardware wallets "complete garbage," while Bitcoin stayed around $65,000 after South Korea raised its interest rates.

Possible consequences

His criticism may shake confidence in hardware wallets, pushing users toward software or custodial solutions. Bitcoin’s steady price shows the market hasn’t reacted sharply to the Korean rate hike.

What you can do

Re‑evaluate where you store your crypto—consider a reputable software wallet or a trusted exchange—and keep an eye on any reported security issues.

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Explanation generated by InsiderFlow's AI for informational purposes: not financial advice.