Skip to content
Back to Guavy Wire
Crypto

COLDCARD Firmware Flaw Linked to $38 Million Bitcoin Heist

Instruments
BTC COL
Share

A critical entropy-generation flaw has been discovered in certain COLDCARD Mk2 and Mk3 firmware versions, potentially compromising wallet recovery seeds. This vulnerability may have contributed to a significant Bitcoin heist worth approximately $38 million.

The issue was identified by Coinkite, which advises users who generated seeds using affected firmware to update to the latest version immediately.

According to PeckShield, the flaw has been linked to the theft of nearly $38 million in Bitcoin. Users are urged to act promptly and update their wallets to protect themselves from potential future breaches.

More on Crypto

Disclaimer: Guavy is a data and market intelligence provider, not an investment advisor. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Real-time market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

© 2026 Guavy Inc