#ColdcardSeedAlert

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About ColdcardSeedAlert

After the Coldcard firmware flaw was set off en masse on July 30, losses have risen to ~1,367 BTC, about $88.6M, the year's largest Bitcoin theft. Galaxy's Alex Thorn warned Aug 3 a suspected fourth wave is still underway. Root cause: the vendor misrouted seed generation to a software PRNG, a single-vendor flaw, not a self-custody failure. Best move: check affected models and firmware, migrate funds, spread risk. Until the fourth wave is contained, treat assets on affected devices as exposed.

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