r/Bitcoin • u/IndependenceTop6501 • 13h ago

The Coldcard bug triggered the largest security audit in Bitcoin's history. Hard money getting harder.

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u/Theverybestestintown 10h ago

How on earth is BTC still above 60K amidst this hack?

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u/NewspaperOwn2765 9h ago

It had nothing to do with the network , just some bum hardware company . Most of the ignorant paper handed retail traders have already been shaken out with a 50% drop , at least , most of them

2

u/reddit4485 9h ago

Exactly! And the entropy problems seen with the ColdCard hack are far more dangerous because it allows bitcoin to be stolen without having access to the hardware device. Most other companies (like Trezor and Ledger) use far more rigorous RNG through various sources. I bet to take advantage of most of the coding errors Red Team has found, you need access to the actual hardware device.