Analysis: What the Coldcard Flaw Means for What a Hardware Wallet Actually Guarantees
A hardware wallet makes three promises. The Coldcard entropy failure broke the one nobody thought to verify — and the one a…
Incidents & exploits
Covers exploits, exchange failures and key-compromise incidents for Conisec. Most of the work is reconciling a project's own post-mortem against on-chain evidence and any regulatory filing, then stopping at what those documents actually support.
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A hardware wallet makes three promises. The Coldcard entropy failure broke the one nobody thought to verify — and the one a…
Wallets and key infrastructure accounted for 54% of July's losses. Across our own 25-record tracker, key compromise is already the largest attack…
Monthly loss tallies put July 2026 at roughly $210m across 30 major incidents, up 177% on June. Wallets and key infrastructure —…
A 2021 firmware change routed Coldcard seed generation through a software pseudorandom generator instead of the hardware RNG, cutting entropy from 128…
More than $57m was reported lost across three protocols to price-feed manipulation in July — the same failure mode, three times, in…
A governance bypass at BonkDAO was reported to have moved $21.2m — the fourth governance-path failure in our records, and the same…
Two more cross-chain bridges failed on message validation in July, taking a reported $20.5m combined — the fifth and sixth bridge validation…
Around $1.5 billion in ETH was moved out of a Bybit cold wallet on 21 February 2025 during a routine transfer. The…
Malware on three developers' devices produced hardware-wallet approvals that looked legitimate, taking roughly $50m.
Approximately $234.9m was taken from a WazirX multi-signature wallet held under a third-party custody arrangement.
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