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The Coldcard hack proves reputation is not a security model Search / News Video Prices Research Events Data & Indices More Sponsored Search / en Sign In Sign Up Opinion The Coldcard hack proves reputation is not a security model A community built on verification spent five years outsourcing its judgment to one man, writes Foundation CEO Zach Herbert. By Zach Herbert | Edited by Cheyenne Ligon 3 min ago 4 min read Make preferred on Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Make preferred on Attackers have now drained nearly $114 million in bitcoin from more than 709 addresses , exploiting a Coldcard firmware flaw that generated wallet seeds with a fraction of their promised randomness. The first sweep emptied roughly 500 wallets in 25 minutes . The bug entered the codebase in March 2021 and sat in public, open-source view for more than five years. Plenty of people are explaining what happened. The harder question is why nobody caught it, and the answer implicates far more than one line of code. Bu özet bilgilendirme amaçlıdır, yatırım tavsiyesi değildir. — hisseonlinebot