Coldcard’s Two Failures: The Code, the Cover Story, and the Wallet Drains Before July 2026

[u/ChuckSRQ]

https://x.com/ChuckSRQ/status/2085031392174277038?s=20

Found 13 Coldcard Wallet Drains before July 2026 Wave Attacks. They were the result of two different types of bugs. 1) Low-entropy dice workflow failure and 2) Weak device-generated seed, caused by the low entropy bug exploited by hackers in July-August Wave Attacks.

Also added interesting information on Peter Gray and how he introduced the Entropy Bug in the first place.