Coldcard's Dice-Roll Safeguard Can Backfire on Holders Who Roll Too Few Times

This FTX claims broker is now courting victims of a $155-million hack of a Canadian bitcoin firm

Thomas Braziel, whose firm brokered close to US$1-billion of FTX bankruptcy claims, is bringing together victims of the Coinkite Inc. hack for a potential lawsuit against the crypto wallet maker

Coldcard's Dice-Roll Safeguard Can Backfire on Holders Who Roll Too Few Times

The theft of more than $100 million in bitcoin from Coldcard hardware wallets has reopened the debate over self-custody and sent Bitcoiners repeating the same advice: harden your seed by adding your own randomness with physical dice rolls. On the August 5 episode of Unchained’s Uneasy Money, security researcher Taylor Monahan warned that the same ritual is what sank many of the earliest Coldcard victims, because rolling too few dice can leave a …

5 Lessons From a 13 Year Bitcoin Holder Who Lost Everything in the Coldcard Hack

Coldcard flaw led to loss of 13 years of BTC savings in minutes for a holder. A weak seed generation bug enabled attackers to predict wallets and steal BTC.  Atlas Phoenix BTC’s public letter outlines lessons on self-custody, trust, community, and resilience. A longtime Bitcoin holder, Atlas Phoenix BTC, said he lost 13 years of savings in minutes after the recent Coldcard hack. His story is a reminder that self-custody gives you full control, b…

Coldcard Flaw Revives Bitcoin Wallet vs ETF Debate

Key Takeaways US spot Bitcoin ETFs have logged four straight positive sessions, but there is no evidence linking those inflows to Coldcard users. Bitcoin ETFs shift key management to brokers, funds and institutional custodians. FDIC and SIPC protections do not insure the Bitcoin held inside a spot Bitcoin product. Long-term-holder supply fell by roughly 210,000 BTC, but the data cannot show where those coins moved or why. For Coldcard users, th…