A Coldcard seed-generation flaw reportedly exposed about $116 million in Bitcoin across thousands of addresses, reminding everyone that self-custody is only as strong as the randomness behind it. The problem hit wallet firmware, not Bitcoin itself, and affected users need to regenerate seeds and move funds.
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A five-year-old Coldcard build bug quietly weakened seed generation and helped trigger one of the biggest hardware wallet thefts in crypto history. The fix stops future damage, but old seeds made on the broken firmware are still a loaded gun.
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Entropy Shuts Down: a16z-Backed Crypto Startup Returns Capital to Investors A high-profile cryptocurrency startup, Entropy, backed by a whopping $25 million from Andreessen Horowitz (a16z) and other venture giants, has called it quits after four grueling years. Founder Tux Pacific made the tough call to shutter operations and return the remaining capital to investors, a […]
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