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Company

Coinkite

Coinkite is a Canadian company that makes the Coldcard, a hardware wallet for securing Bitcoin private keys offline.

Known aliases

  • Coinkite Inc.

Current stories

investConfirmed10 publishers

Specter traces more than $86 million drained from hundreds of Ledger wallets

On-chain analyst Specter traced more than $86 million drained from hundreds of Ledger hardware-wallet users across Ethereum, TRON and Bitcoin. With the cause unconfirmed, holders cannot yet tell whether moving coins to a new device would help at all.

Perspective Coverage

10 publishers
Builder
Builder 27%
Operator
Operator 44%
Investor
Investor 29%

Reality

Evidence55
Adoption
Not scored
Hype gap+15
Incentives40
Confidence60
investConfirmed5 publishers

COLDCARD's X account posted a phishing link despite offline two-factor protection since 2017

COLDCARD says its official X account posted a phishing link on October 11, despite offline two-factor protection the wallet maker has used since 2017. With no explanation yet from COLDCARD or X, a security alert seen on social media is worth acting on only once the maker's own website repeats it.

Perspective Coverage

5 publishers
Builder
Builder 15%
Operator
Operator 48%
Investor
Investor 37%

Reality

Evidence45
Adoption
Not scored
Hype gap+10
Incentives55
Confidence60
investOne report1 publisher

Bitget's wallet breach accounts for about four-fifths of September's crypto theft after returns

Bitget lost about $387.5 million to forged withdrawals from its wallet system, more than half of September's $742 million in crypto thefts. Most of Liquid Network's loss was handed back, so what stayed stolen sits mainly with one exchange's withdrawal infrastructure.

Reality

Evidence58
Adoption
Not scored
Hype gap+8
Incentives
Not scored
Confidence55
productOne report1 publisher

Coldcard owners who held their own keys lost over $100 million to a firmware bug

Coinkite's Coldcard firmware skipped its hardware random number generator, letting attackers brute-force seeds and drain over $100 million in bitcoin. Liquid's later $320 million drain adds node software to the code a bitcoin holder has to trust.

Publishers:gizmodo.com

Reality

Evidence38
Adoption
Not scored
Hype gap+30
Incentives
Not scored
Confidence42
investOne report1 publisher

White hats move 52.37 BTC into a Wyoming statutory trust built for COLDCARD victims

The Crypto Recovery Trust, a Wyoming entity advised by Steptoe LLP, now controls coins worth about $3.5m at the exploit's implied price, against more than $100m that COLDCARD holders lost from July 30, 2026.

Reality

Evidence28
Adoption22
Hype gap+34
Incentives62
Confidence34
investConfirmed3 publishers

Ten days of maintainer time bought Core Lightning a two-week embargo on AI-found bugs

Core Lightning says the machine-written reports found real flaws in its payments software. It is holding the count and severity for at least two weeks, leaving node operators to decide what to do with a hazard whose size is still private.

Perspective Coverage

3 publishers
Builder
Builder 28%
Operator
Operator 52%
Investor
Investor 20%

Reality

Evidence60
Adoption40
Hype gap+25
Incentives68
Confidence62
investConfirmed3 publishers

Harmony offers validators nine times its DeFi TVL to switch off its own chain

Harmony blames state actors and AI agents for shutting the layer-1 it launched in 2019, and the money set aside to pay validators to power down is worth more than everything left locked on the chain it closes.

Perspective Coverage

3 publishers
Builder
Builder 30%
Operator
Operator 38%
Investor
Investor 32%

Reality

Evidence55
Adoption20
Hype gap+45
Incentives75
Confidence60
investOne report1 publisher

Coinkite now makes Coldcard owners roll dice, after $130M walked out of air-gapped wallets

A 2021 seed flaw cut entropy from 128 bits to about 40, so no attacker needed to touch the hardware. Every seed generated before July 2026 now has to be replaced.

Publishers:decrypt.co

Reality

Evidence62
Adoption54
Hype gap+14
Incentives66
Confidence58