Coldcard Security Flaw Exposed | Washington DC News episode artwork

EPISODE · Aug 3, 2026 · 1 MIN

Coldcard Security Flaw Exposed | Washington DC News

from Washington DC News Today | 2 Min News | The Daily News Now!

A major Bitcoin security breach hit Coldcard wallets after a critical software bug let hackers steal nearly $89 million in under an hour. The flaw made recovery phrases predictable, allowing theft without touching the device. Coinkite has patched new wallets but warns existing users must generate fresh recovery phrases and migrate funds immediately. CEO apologized, took full responsibility, and urged swift action as attacks may still be ongoing—reminding crypto holders that even top-tier security requires constant vigilance. Thank you to our sponsor Garrett Waller Performance: http://coaching.garrettwaller.com Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/7539a0904a553de9

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Coldcard Security Flaw Exposed | Washington DC News

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