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The Nexus
SECURITYJul 31 · 15:22 UTCBITCOIN MAGAZINEMathew Di Salvo

Coldcard Wallet Flaw Exposes Years of Bitcoin Seeds After $70M in BTC Stolen

A firmware bug in Coldcard Wallet's Mk3 model caused weak entropy in seed generation, leading to predictable private keys and the theft of over $70 million in Bitcoin. Coinkite advised users of affected models (Mk3, Mk4, Mk5, Q) to move funds after hackers exploited the vulnerability to drain multiple addresses.

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Coldcard Wallet Flaw Exposes Years of Bitcoin Seeds After $70M in BTC Stolen · The Nexus