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Devastating ColdCard Wallet Hack Costs Investors Millions

ID: 6b9eb570-6119-56a5-bcf5-58ee1c37ac07

STIX ID: report--6b9eb570-6119-56a5-bcf5-58ee1c37ac07

Feed Name: securityonline.info

Threat Score
85/100

Date Published: 2026-08-03

Date Updated: 2026-08-03

Author: Do Son

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A security report alleges ColdCard firmware contained a fatal flaw in its private key generation—firmware reportedly called a predictable software PRNG instead of the hardware RNG—allowing attackers to generate private keys, match addresses on-chain, and empty wallets; the piece claims nearly $100M in Bitcoin was stolen, that an AI found the flaw rapidly, and blames superficial auditing and developer negligence for leaving the issue unpatched for years.

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