How Bitcoin Hardware Wallets Supported Users During the Coldcard Crisis

How Bitcoin Hardware Wallets Supported Users During the Coldcard Crisis

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 […]

What The Coldcard Failure Teaches About Bitcoin Software Incentives

Closed versus Open Source code has divided the Bitcoin and broader crypto industry for well over a decade. Bitcoin advocates have long argued that the financial infrastructure of the world should be built in public. Transparency and auditability, they say, are non-negotiable when real money is at stake. Yet the app and legacy layers of finance often disagree.  Yet the recent Coldcard hack, a popular self-custody hardware wallet where users lost …

Coldcard Patches Critical Seed-Generation Flaw After $112M Bitcoin Theft

BitcoinWorld Coldcard Patches Critical Seed-Generation Flaw After $112M Bitcoin Theft Hardware wallet manufacturer Coldcard has released new firmware updates to address a critical vulnerability in its random number generation process, which was exploited in a July attack that resulted in the loss of 1,778 BTC — approximately $112 million at the time. The company rolled out version 5.6.1 for its Mk4 and Mk5 devices, and version 1.5.1Q for the Q …