Cryptocurrency31 Jul 2026SEO 881 min read

Analysis: Major bitcoin wallet flaw drains 594 BTC in 25-minute sweep

A hardware wallet randomness bug turned “impossible to guess” seeds into guessable ones, and $38 million is already gone. An attacker exploited a flaw in how s…

A hardware wallet randomness bug turned “impossible to guess” seeds into guessable ones, and $38 million is already gone. An attacker exploited a flaw in how some Coldcard hardware wallets generated keys to steal roughly 594 bitcoin, worth about $38 million, from around 500 single-signature wallets in under 30 minutes. The vulnerability, introduced in Coldcard firmware 4.0.0 in March 2021, caused devices to skip their hardware randomness generator and fall back to predictable software-based key…

Why this update matters

This developing story is relevant for readers tracking cryptocurrency because it reflects fresh changes from the original source and signals where attention is shifting next.

Key details

The report was collected automatically and prepared for publication with a newsroom workflow that focuses on clarity, search visibility, and quick understanding.

Readers should review the original source for direct statements, official notices, and any later corrections or additions as the story evolves.

Related coverage

Continue reading with more reporting from the same topic cluster.

AnalysisMajorbitcoinwalletflawdrains594BTC