MehabQureshi

MehabQureshi@WarMav

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Coldcard hack just grew to $75M, call your friends

Hardware wallets are sold as unhackable vaults, but the $75M Coldcard theft proves they are dangerously vulnerable to a single line of bad code. By collapsing entropy from 128 bits to just 40, your "secure" seed became something anyone could brute-force with rented cloud computing. Even worse, updating your firmware won't save you; a weak seed is weak forever. If your "cold" storage can be drained without being touched, is it actually safe? Do you still trust hardware wallets?This summary was generated by AIAug 1, 2026

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