$38M Stolen in 25 Minutes: Coldcard Seed Phrase Hack Explained (Is Yours Safe?) episode artwork

EPISODE · Jul 31, 2026 · 10 MIN

$38M Stolen in 25 Minutes: Coldcard Seed Phrase Hack Explained (Is Yours Safe?)

from Dads Gone Crypto! · host Dads Gone Crypto

Dads… 594 Bitcoin ($38 million) was stolen in just 25 minutes from around 500 Coldcard hardware wallets.A firmware bug dating back to 2021 made many seed phrases far less random than they were supposed to be. Attackers (likely using AI) figured it out and swept single-signature wallets while most of us were asleep.Watch it here: https://youtu.be/saXBKWcQq78In this episode we break down:• Exactly what went wrong with the Coldcard RNG• Which devices and firmware versions are affected• Who needs to move funds TODAY• The simple steps every crypto dad should take to avoid this forever• How designs like American Fortress (seedless hardware + stealth addresses + post-quantum) are trying to solve the bigger problem⚠️ Updating firmware does NOT fix an already-generated weak seed. You must create a new one.Protect the stack. Share this with any dad still using an older Coldcard.🔔 Subscribe for more no-BS crypto security for real life📱 Full Short version also available#Coldcard #Bitcoin #CryptoSecurity #HardwareWallet #selfcustody 👋 Who Are We?Join Sean and Ryan, your friendly crypto dads, as we share insights, experiences, and dad-approved tips on venturing into the exciting realm of cryptocurrencies. Whether you're a seasoned pro or just dipping your toes, our podcast is your crypto companion.🚀 What to Expect on Dads Gone Crypto:Expert Interviews: Hear from industry experts, influencers, and fellow crypto enthusiasts sharing their journeys and valuable insights.Practical Guides: Step-by-step tutorials and guides on getting started in crypto and maximizing your experiences.🌐 Why Subscribe?Crypto Simplified: We break down complex crypto concepts into digestible, dad-friendly nuggets.Real Talk: No jargon, no confusing tech speak – just real talk from real dads in the crypto game.Community Vibes: Join our growing community of crypto dads and enthusiasts. Share your thoughts, ask questions, and connect with others on the same crypto journey.🔔 Stay Updated:Hit that subscribe button, turn on notifications, and be the first to master crypto socials with us! Whether you're here to learn, share, or just have a laugh, "Dads Gone Crypto" is your crypto home.🚀 Join the Conversation:Connect with us on Twitter, Telegram, and other platforms. Share your crypto stories, ask questions, and become part of the crypto dad community. Your journey into crypto starts here!Join us for the fun and get in touch with us with the links below:🌐 Follow and Connect with us: 🔗👇To check out our other social platforms, please visit:https://linktr.ee/dadsgonecryptoDisclaimer: The material and information presented in this recording are for entertainment purposes only. Do not misconstrue what you hear as investment or trading advice. Always do your own research. The views, thoughts, and opinions expressed by the guests on this recording are their own and do not necessarily reflect those of Dads Gone Crypto or its hosts.

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Dads… 594 Bitcoin ($38 million) was stolen in just 25 minutes from around 500 Coldcard hardware wallets. A firmware bug dating back to 2021 made many seed phrases far less random than they were supposed to be. Attackers (likely using AI) figured it out and swept single-signature wallets while most of us were asleep. Watch it here: https://youtu.be/saXBKWcQq78 In this episode we break down: • Exactly what went wrong with the Coldcard RNG • Which devices and firmware versions are affected •...

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$38M Stolen in 25 Minutes: Coldcard Seed Phrase Hack Explained (Is Yours Safe?)

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