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Bitcoin cold wallet hack exposes five-year-old firmware flaw, drains $114M from Coldcard devices

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FOMOGRAM Editorial Desk
Aug 6, 2026
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Bitcoin cold wallet hack exposes five-year-old firmware flaw, drains $114M from Coldcard devices
EXECUTIVE SUMMARY

A firmware flaw in Coldcard wallets has led to the theft of over 1,800 BTC, raising concerns about hardware wallet security. The vulnerability affects key generation, making wallets susceptible to attacks.

A firmware flaw in Coldcard wallets has led to the theft of over 1,800 BTC, raising concerns about hardware wallet security. The vulnerability affects key generation, making wallets susceptible to attacks.

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The Coldcard wallet hack exposes a critical firmware vulnerability, undermining confidence in self-custody solutions and potentially impacting Bitcoin's market perception.

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