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Coldcard seed-generation flaw explained (2026)

Short answer: What happened in the Coldcard seed-generation flaw?

Coldcard seed-generation flaw (software PRNG instead of hardware RNG on older firmware) let attackers brute-force seeds; ~$116M in BTC stolen (TRM Labs); fixed firmware since 2026-07-31 but affected seeds must be migrated; Coinkite has not offered reimbursement. Status: Not shown reimbursed.

Data as of · Last updated · By VaultRubric Research · How we score · Not investment advice.

Coldcard seed-generation flaw (software PRNG instead of hardware RNG on older firmware) let attackers brute-force seeds; ~$116M in BTC stolen (TRM Labs); fixed firmware since 2026-07-31 but affected seeds must be migrated; Coinkite has not offered reimbursement. Status: Not shown reimbursed.

Key facts

Date2026-07
Typecustomer funds loss
Products in our data affectedColdcard Mk4, Coldcard Q, Coldcard Mk5
ReimbursementNot shown reimbursed
Effect on VaultRubric scorescapped at 60% and not eligible to be our pick (unreimbursed customer-funds loss within 48 months)
Sourcescoldcard.com, www.trmlabs.com, www.forbes.com

Facts above are taken from the cited sources as of 2026-10-11. Follow the vendor's official guidance (linked) for remediation; nothing here is security advice. How hacks affect scores.

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FAQ

What happened in the Coldcard seed-generation flaw explained (2026)?

Coldcard seed-generation flaw (software PRNG instead of hardware RNG on older firmware) let attackers brute-force seeds; ~$116M in BTC stolen (TRM Labs); fixed firmware since 2026-07-31 but affected seeds must be migrated; Coinkite has not offered reimbursement.

Were customers reimbursed?

Not shown reimbursed.

Which products are affected?

Coldcard Mk4, Coldcard Q, Coldcard Mk5.

How does this affect VaultRubric scores?

capped at 60% and not eligible to be our pick (unreimbursed customer-funds loss within 48 months).

Disclosures

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