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Coinkite Faces Class Action Threat as Bitcoin Wallet Bug Costs Users Over 1,300 BTC

Coinkite may face legal action after users lost over $88 million due to a vulnerability in its Coldcard hardware wallet.

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Coinkite Faces Class Action Threat as Bitcoin Wallet Bug Costs Users Over 1,300 BTC

Coinkite's Coldcard lost 1,300 BTC to a seed generator bug; class-action suits are being prepared by victims. This sets liability precedent for hardware wallet makers and forces enterprise re-evaluation of custody framework and security audit standards.

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venerdì 31 luglio 2026·cointelegraph.com
Coldcard Mk3 Warning Amid Unexplained 594 BTC Sweep
Bitcoin security experts said the unexplained $38 million wallet drain may involve flawed seed-generation entropy, though the cause and any Coldcard link remain unconfirmed.
venerdì 31 luglio 2026·theblock.co
'Funds may be at risk': Coinkite issues warning for Coldcard Mk3 users amid 594 BTC theft reports
Coinkite recommends that Mk3 users create a strong, unique BIP-39 passphrase on the device and move funds to the resulting wallet.

Coinkite Faces Class Action Threat as Bitcoin Wallet Bug Costs Users Over 1,300 BTC

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Coinkite Faces Class Action Threat as Bitcoin Wallet Bug Costs Users Over 1,300 BTC

Timeline cronologica

Coldcard Mk3 Warning Amid Unexplained 594 BTC Sweep

'Funds may be at risk': Coinkite issues warning for Coldcard Mk3 users amid 594 BTC theft reports

Coinkite reports $38M in Bitcoin drained due to Coldcard key generation flaw

Hackers hit Bitcoin’s safest hiding place in ongoing attack - The Economic Times

Coldcard Wallet Flaw Exposes Years Of Bitcoin Seeds After $70M In BTC Stolen

Bitcoin losses linked to Coldcard vulnerability grow to $70 million, Galaxy Research says

$38M in Bitcoin Drained by Coldcard Key Flaw Its Maker Thinks AI Found - Decrypt

Coinkite Warns Coldcard Mk3 Owners After Reports of $38M Bitcoin Loss

Major bitcoin wallet flaw drains 594 BTC in 25-minute sweep

$38M in Bitcoin Drained by Coldcard Key Flaw Its Maker Thinks AI Found - Decrypt

Coinkite reports $38M in Bitcoin drained due to Coldcard key generation flaw

Coldcard Wallet Flaw Exposes Years Of Bitcoin Seeds After $70M In BTC Stolen

Coldcard exploit reignites Bitcoin self-custody debate after $38 million theft

Coldcard Bug Exposes The New Reality: AI Is Auditing Every Open-Source Wallet

Bitcoin losses linked to Coldcard vulnerability grow to $70 million, Galaxy Research says

The Coldcard Exploit Explained: Who Lost Bitcoin and Who's at Risk

How bitcoin cold wallets lost $70 million in an attack that never touched the devices

Coldcard Hardware Wallet Flaw Linked to $70 Million Bitcoin Theft in 41 Minutes

Coinkite Under Fire for Retaining Customer Emails After $88M Coldcard Hack

Coinkite Faces Class Action Threat as Bitcoin Wallet Bug Costs Users Over 1,300 BTC

Hackers exploit Coldcard firmware flaw, stealing $89 million in Bitcoin from thousands of wallets

Hackers hit Bitcoin’s safest hiding place in ongoing attack - The Economic Times

Hackers hit Bitcoin’s safest hiding place in ongoing attack

Coldcard hack steals $86 million in bitcoin from more than 4,500 wallets

Bitcoin community responds swiftly to Coldcard exploit as 1,367 BTC drained from vulnerable wallets