
Coldcard Ships Deeper Security Fix Following Bitcoin Heist
Coinkite's new firmware adds hand-entered entropy and stricter transaction checks to its Coldcard wallets.

Coinkite's new firmware adds hand-entered entropy and stricter transaction checks to its Coldcard wallets.

The exploit highlights the critical need for robust security measures in hardware wallets, emphasizing user involvement in seed generation.


Coinkite urged Coldcard users to generate new seed phrases, warning that existing vulnerable seeds remain unsafe despite the security upgrade.

As there’s no single best bitcoin hardware wallet, only different features and trade-offs, their manufacturers also vary in how they have supported their customers following the Coldcard crisis. Fast, clear, and helpful communication might be the factor that protects your funds during similar emergencies. Bitcoin.com News looked into how the top 13 manufacturers of these […]

Bitcoin Magazine Open Source vs. Source-Available: What the Coldcard Failure Teaches About Bitcoin Software Incentives FOSS rests on four essential freedoms defined by the Free Software Foundation and the Open Source Initiative’s ten criteria. Licenses that withhold commercial rights, such as MIT plus Commons Clause, shrink the reviewer pool and shift the burden back onto the vendor. This post Open Source vs. Source-Available: What the Coldcard Failure Teaches About Bitcoin Software Incentives first appeared on Bitcoin Magazine and is written by Juan Galt .

Coldcard has released firmware versions 5.6.1 and 1.5.1Q after a three-week security review, while warning that users with affected seed phrases must create new wallets and move their Bitcoin. Coldcard firmware adds mandatory user entropy Coldcard said in an Aug.…

Investigators traced the first Coldcard theft wave to a paid data account, but the FBI has not confirmed identifying or charging anyone.

Amid August’s wave of dormant bitcoin suddenly waking up after the Coldcard exploit, a relic from 2012 joined the action, moving 212 BTC worth $13.72 million after sitting untouched for more than 14 years. Vintage BTC Holder Realizes a 584,725% Gain August has turned into a graveyard awakening for long-dormant bitcoin, with coins untouched for […]

Bitcoin Magazine Hunting Down the Coldcard Hacker. Wave 1 Thief May Be Known to FBI Clay Garrett’s investigation matched the 1,082.65 BTC sweeps to a major data provider’s internal logs with “extraordinary specificity.” The coins remain unmoved. This post Hunting Down the Coldcard Hacker. Wave 1 Thief May Be Known to FBI first appeared on Bitcoin Magazine and is written by Juan Galt .

Why have losses continued 5 years after the vulnerable Coldcard firmware was released in 2021?

Bitcoin Magazine Losses Top $115M In Coldcard Bitcoin Hack: Galaxy Research The amount of bitcoin stolen has been confirmed at $115 million, according to Galaxy Digital's latest figures. This post Losses Top $115M In Coldcard Bitcoin Hack: Galaxy Research first appeared on Bitcoin Magazine and is written by Mathew Di Salvo .

As BTC, ETH, and XRP face heightened volatility, EX DeFi is attracting attention with a cloud mining model focused on long-term digital asset participation. The cryptocurrency market has recently been rocked by another shocking security incident. Attackers exploited a vulnerability…


Galaxy Research said that Coldcard losses have exceeded $115 million, covering 1,778.58 Bitcoin (BTC) swept from 8,680 addresses since July 30, according to Galaxy data through August 13. One new chart from the firm ranks the 10 largest sweep groups by transaction habits. However, most of the drained addresses still have no named owner. Follow

Galaxy Research says the lull likely means vulnerable holders migrated, or were already emptied.

The Coldcard breach highlights vulnerabilities in self-custody solutions, urging the crypto industry to enhance firmware security and response times.

The Coldcard seed-generation failure has exposed about $116 million in Bitcoin to theft while renewing questions about how users verify the security of self-custody tools, according to TEXITcoin founder Bobby Gray. Bobby Gray, founder of TEXITcoin, told crypto.news that Coldcard…

The Coldcard hack underscores the resilience of Bitcoin's self-custody model, prompting a shift towards more secure, distributed solutions.