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Firmware bug in Coldcard wallets leads to theft of $112M in Bitcoin from 5,000+ addresses.

Market News
14 Aug 2026
Crypto Briefing
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Bearish
Firmware bug in Coldcard wallets leads to theft of $112M in Bitcoin from 5,000+ addresses.

A firmware flaw in Coldcard hardware wallets, present since 2021, allowed attackers to steal over 1,778 Bitcoin (worth about $112 million) from more than 5,000 wallets in under an hour starting July 30, 2026. The bug involved using a software-based random number generator instead of a hardware one, making seed phrases predictable and vulnerable. Coinkite patched the issue quickly but warns users to generate new seed phrases on updated firmware and move funds immediately, as compromised seeds remain unsafe even after updates. This incident raises concerns about the security of self-custody hardware wallets and the industry's ability to quickly address critical vulnerabilities.

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Bitcoin rally driven by strong institutional demand despite regulatory hurdles and rate hikes

Bitcoin rally driven by strong institutional demand despite regulatory hurdles and rate hikes

Bitcoin's recent price recovery is supported by significant institutional investment, particularly through regulated ETFs, signaling a shift toward long-term ownership. Despite some volatility and a U.S. legislative setback on crypto regulation, infl...

Market News
Bullish
4 hours ago
First Trust High Yield Opportunities 2027 Fund faces volatility but offers a unique exit via a likely tender offer.

First Trust High Yield Opportunities 2027 Fund faces volatility but offers a unique exit via a likely tender offer.

The First Trust High Yield Opportunities 2027 Term Fund (FTHY) is experiencing near-term volatility and weak distribution coverage, with its discount widening despite an approaching liquidation date. However, the fund's term structure may lead to a v...

Market News
Neutral
4 hours ago
Altcoin season signals a shift as Bitcoin weakens, but caution remains due to low trader leverage.

Altcoin season signals a shift as Bitcoin weakens, but caution remains due to low trader leverage.

Glassnode's Altcoin Cycle Signal rose to 86 in June, indicating altcoins outperform Bitcoin, mainly due to Bitcoin's 18% drop rather than strong altcoin demand. By early July, the signal confirmed genuine altcoin strength, but by September, despite a...

Market News
Neutral
4 hours ago
Bitwise Solana Staking ETF sees $60M inflows, pushing AUM past $1.2B amid strong Solana interest

Bitwise Solana Staking ETF sees $60M inflows, pushing AUM past $1.2B amid strong Solana interest

The Bitwise Solana Staking ETF (BSOL) attracted over $60 million in new investments in the last two days, raising its assets under management to an all-time high of more than $1.2 billion. This surge reflects growing investor confidence in Solana's p...

Protocol Fundamentals
Bullish
4 hours ago
Zappin bot launches on Robinhood Chain with 90% ETH cashback on trading fees for 30 days

Zappin bot launches on Robinhood Chain with 90% ETH cashback on trading fees for 30 days

Zappin, a new Telegram-based trading bot, launched on Robinhood Chain on September 21, allowing users to swap tokens via Uniswap and receive 90% of their trading fees back in ETH for 30 days. This promotion aims to attract early users to Robinhood's ...

Protocol Fundamentals
Bullish
4 hours ago
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