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The safest way to store Bitcoin was just hacked...

Fireship · Aug 05, 2026 · Other Signals

Cold Card Bitcoin hardware wallet drained 1,600 BTC via flawed random number generator

“for the last 5 years, without them knowing, the cold card never did”

Cold Card, a security-focused airgapped Bitcoin hardware wallet, was exploited due to a firmware bug where MicroPython's random number generator was not properly disabled, generating weak seed phrases for 5 years. Over 1,600 BTC (~$100M) was drained from 7,000+ wallets without malware or phishing. This is a cryptocurrency security story with no AI signal.

bitcoin hardware-security cryptography vulnerability

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