Coldcard

Coldcard is a hardware wallet designed for the secure storage of cryptocurrencies like Bitcoin. It is a physical device that allows users to manage their digital assets offline, providing enhanced security against online threats.

Why it’s in the news: It is in the news due to a series of high-profile hacks that have resulted in losses exceeding $115 million, raising significant questions about its security model.

Latest on Coldcard

• Whitehats move 52 bitcoin from the Coldcard hack to a recovery trust
• Coldcard hacker moves $7.7 million in BTC, 45% of bitcoin stolen in third attack wave
• Coldcard ships firmware after $114 million bitcoin theft; says AI helped catch more bugs
• Coldcard Breach Losses Now Exceed $115 Million
• The Coldcard hack proves reputation is not a security model
• How a bug in Coldcard’s code went unnoticed for years, leading to $100 million in hacked funds

Connections

16 entities linked to Coldcard across the news graph.