What the Coldcard Incident Actually Broke, and What It Left Standing

The post What the Coldcard Incident Actually Broke, and What It Left Standing appeared first on Coinpedia Fintech News

A line of firmware written in 2021 emptied thousands of Bitcoin wallets this summer. Cold storage worked exactly as designed. The failure happened earlier, in the quietest layer of the system. On the evening of July 29, Jonathan Goodman was at his cottage when he heard that a hardware wallet had a problem. He assumed …