A Coldcard firmware bug reduced seed entropy from 128 to 72 bits, enabling attackers to drain 1,367 BTC worth $89M from over 4,500 wallets.

Over $70 million in Bitcoin has been pinched. Coldcard has since urged its users to take precautions.

A software bug in popular hardware wallet Coldcard that led to the theft to this point of nearly 600 bitcoin worth roughly $38 million is prompting questions about security and…