5
submitted 3 weeks ago by UnLocoPoco@lemmy.world to c/crypto@lemmy.ml

A serious firmware flaw in COLDCARD hardware wallets has shaken the Bitcoin community after researchers linked it to large-scale wallet thefts. The issue affects seed generation, where some firmware versions produced recovery phrases with significantly lower entropy than intended. That makes the 24-word seed phrase far more predictable, allowing attackers to brute-force private keys in cases where users relied solely on the generated seed. Reports indicate hundreds of wallets have already been drained, with approximately 594 BTC stolen.

no comments (yet)
sorted by: hot top new old
there doesn't seem to be anything here
this post was submitted on 31 Jul 2026
5 points (100.0% liked)

cryptocurrency

3269 readers
2 users here now

The largest cryptocurrency community on the Fediverse!

Lemmy community dedicated to cryptocurrency news, technicals, education, memes and so more!

💬 Chat on Community Improvements and Development

Community Knowledge Base:

Be nice, have fun.

Community rules:

General lemmy.ml instance rules applicable here too.

Ugly brother of this community: bωockchain

For a community devoted to cryptography itself, visit c/cryptography

founded 7 years ago
MODERATORS