Coldcard Adds New Security Measures After $130 Million Bitcoin Exploit

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Coldcard Adds New Security Measures After $130 Million Bitcoin Exploit
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In brief

  • Coinkite released new Coldcard firmware after a seed-generation flaw exposed users to more than $100 million in Bitcoin thefts.
  • Coldcard now requires users to add randomness through key presses, dice rolls, or coin flips when generating new seeds.
  • A three-week review also uncovered issues involving transaction signing, USB connections, backups, and other wallet functions.

Coldcard maker Coinkite has released a security overhaul for its Bitcoin hardware wallets after a seed-generation flaw allowed attackers to steal more than $100 million in Bitcoin.

In a blog post on Thursday, Coinkite urged Coldcard Mk4, Mk5, and Q users to upgrade to firmware 5.6.1 or 1.5.1Q. The release follows a three-week review of Coldcard’s systems that included outside security researchers and AI models including Kimi.

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“We are grateful to the security researchers who went above and beyond over the past weeks, reporting issues, reproducing edge cases, and reviewing our fixes,” the company wrote. “Their work put this firmware under intense, sustained scrutiny and made this release stronger.”

In July,

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Disclaimer: This article is partially generated by artificial intelligence, so there may be some errors. Please check the information before using it in real life.

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