Coldcard’s seed-generation flaw sent Bitcoin holders scrambling to move funds, lifting active addresses to 0.98 million a day even as BTC price stayed steady in the mid-$60,000s. The damage was real, but it was a custody failure — not a Bitcoin protocol failure.
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Bitcoin brushed off a major Coldcard firmware flaw tied to 1,367 BTC drained from 4,585 addresses, keeping steady in the low-to-mid $60,000s. The incident hit self-custody hard, but it didn’t crack Bitcoin itself.
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A Coldcard firmware flaw tied to weak seed generation has been linked to more than $100 million in Bitcoin thefts, and David Schwartz says it’s a blunt reminder that self-custody removes middlemen, not risk. Bitcoin wasn’t hacked — bad wallet security was.
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A Coldcard seed-generation flaw may have helped drain an estimated 1,367 BTC, worth about $88.6 million, across thousands of addresses. Users are being urged to create fresh seeds and move funds, since a firmware update won’t fix an already compromised wallet.
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Block says flaws in several Coldcard hardware wallets may have exposed over 1,082 BTC to theft, with the problem tied to weak wallet generation rather than a later device hack. Users of affected models are being urged to move funds to fresh, verified wallets fast.
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MiCA was meant to tidy up Europe’s crypto market, but the price of compliance may do something else entirely: push smaller firms into mergers, sales, or shutdowns while bigger players and banks scoop up the pieces. A cleaner market, yes — but also a more concentrated one.
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Bitcoin-backed lending is back, but borrowers are favoring safety, custody, and transparency over shiny APR bait. After 2022’s wreckage, the market is rewarding lenders that look boring enough to survive — and that’s probably exactly the point.
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BlackRock’s IBIT is still pulling serious Bitcoin demand, but the reported $164 million figure behind the headline isn’t verified in the provided materials. The bigger takeaway: Wall Street wants BTC exposure, even if it prefers a neat wrapper over holding real coins.
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Bitcoin Policy Institute is moving to stop a New York lawsuit that tries to treat dormant Bitcoin wallets as abandoned property. The fight could set a dangerous precedent for self-custody, because inactivity is not the same thing as surrender.
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Radar Chat has launched as a Signal-based messaging app with self-custodial Bitcoin Lightning payments built in, aiming to make private chats and money transfers feel like one seamless action. The pitch is strong — but so are the challenges around UX, security, and regulatory heat.
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