Crypto News1 MIN READ
CRYPTOBEARISH
A build error in Coldcard’s firmware drained $38 million in bitcoin in 25 minutes
FG
FOMOGRAM Editorial Desk
Aug 1, 2026
EXECUTIVE SUMMARY
Coinkite says an attacker used AI to find a flaw its own AI review missed, exposing 500 wallets to a seed generation bug that reduced 128 bits of entropy to 40. The attack took 25 minutes. At 2:14 a.m. UTC…
Coinkite says an attacker used AI to find a flaw its own AI review missed, exposing 500 wallets to a seed generation bug that reduced 128 bits of entropy to 40. The attack took 25 minutes. At 2:14 a.m. UTC…
FOMOGRAM SENTINEL GRAVITY TELEMETRY
The Coldcard firmware bug that drained $38 million in Bitcoin highlights severe security vulnerabilities, likely leading to increased bearish sentiment and loss of trust in Bitcoin's security.
CRYPTO LIVE SENTIMENT: -90 / 100 • BULLISH
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