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Coldcard MK5 stories

Jul 31, 2026

Coldcard hardware wallet flaw drains 594 BTC in 25-minute sweep

Coinkite warns users of Coldcard Mk3 signing devices to move funds after an attacker exploited a firmware vulnerability to drain $38 million in Bitcoin from old wallets in a coordinated 25-minute sweep.

Jul 31, 2026·4 sources
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Top claims

  • ▪Block's investigation identified security flaws in multiple generations of Coldcard wallets, including the Mk2, Mk3, Mk4, Q, and Mk5
  • ▪The flawed software-based key generation was seeded with non-secret data, including the chip's serial number and clock registers
  • ▪Importing a compromised seed into a new wallet does not eliminate the threat, as the seed itself remains vulnerable

Subtopics

Bitcoin1Bitcoin security & risks1Bitcoin wallets & custody1Crypto hacks1Hardware wallet vulnerabilities1

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