Coldcard has disclosed a seed-generation flaw that may have exposed some Bitcoin wallets to theft, but the widely repeated $112 million figure isn’t firmly verified. A firmware update helps going forward — it won’t rescue a weak seed already created.
Read Full Article
A Coldcard seed-generation flaw reportedly exposed about $116 million in Bitcoin across thousands of addresses, reminding everyone that self-custody is only as strong as the randomness behind it. The problem hit wallet firmware, not Bitcoin itself, and affected users need to regenerate seeds and move funds.
Read Full Article
Coldcard’s seed-generation flaw sent Bitcoin holders scrambling to move funds, lifting active addresses to 0.98 million a day even as BTC price stayed steady in the mid-$60,000s. The damage was real, but it was a custody failure — not a Bitcoin protocol failure.
Read Full Article
AI-assisted review flagged 4,962 possible issues across 390 Bitcoin codebases in under 30 hours after the Coldcard flaw exposed a brutal seed-generation bug. Most findings still need human verification, but the sweep shows how much security debt still lurks in Bitcoin software.
Read Full Article
A Coldcard firmware bug didn’t break Bitcoin — it broke seed generation. Weak fallback randomness left some offline wallets vulnerable, and once the seed is compromised, no firmware update can undo the damage.
Read Full Article
A Coldcard firmware flaw tied to weak seed generation has been linked to more than $100 million in Bitcoin thefts, and David Schwartz says it’s a blunt reminder that self-custody removes middlemen, not risk. Bitcoin wasn’t hacked — bad wallet security was.
Read Full Article
Galaxy Digital says a Coldcard firmware bug may have weakened seed generation and exposed Bitcoin holders to roughly $70 million in theft. Coinkite has patched the flaw, but affected users still need to create new seeds and move funds — because an updated wallet does not fix a tainted one.
Read Full Article