🪙 Cryptocurrency 7h ago · Arslan Tabish

Coldcard Security Debate Grows After $116M BTC Wallet Hack

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Coldcard Security Debate Grows After $116M BTC Wallet Hack
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Coinkite CEO NVK defended Coldcard’s security checks on November 9. He said a new AI model found the flaw behind an estimated $116 million Bitcoin theft. Developer Luke Dashjr disputed the claim about what human reviewers could detect.



On X, NVK said Coldcard underwent at least two paid third-party reviews before the exploit. One covered the Mk4 in 2022, and another examined the Q in 2024.




At least 15 documented external review or security-research efforts touched COLDCARD hardware, firmw

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