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New York's Communist Grocery Store Disaster | The Canadian Bitcoiners Podcast
<p>Coldcard vulnerability explained: $89 million in Bitcoin gone in four days — the thief never touched a device.Full show notes & past episodes → https://canadianbitcoiners.comCoinkite is a Toronto company. The Coldcard is the Bitcoin hardware wallet serious self-custody people trust. On July 30th an attacker swept 1,082 BTC out of 1,196 addresses in 41 minutes, then kept going. Block's engineers found the cause: one mis-written line in Coinkite's own library meant Coldcards had been generating seeds from a predictable number generator instead of the hardware chip. Since March 2021. Nineteen hundred and sixty-one days.Nobody was hacked. No device opened, no server breached, no malware installed. The keys were calculated offline from public data, and the blockchain checked which guesses had money on them. If you rolled 50 or more fair, private dice rolls setting your Coldcard up, Coinkite says that seed isn't at risk from this bug. If you didn't, move your coins.In this episode of the Canadian Bitcoiners Podcast:— How one keyword collapsed seed entropy from 128 bits to roughly 40 on Mk2/Mk3 (about 72 on Mk4, Mk5 and Q)— Why "Coldcard was hacked" is the wrong headline, and why the distinction matters— NVK: "I'm sorry and I'm devastated" — and the AI excuse nobody's buying— The 2021 commit that shipped seed-generation code with no pull request— Coinkite emailing customers back to 2019, and the privacy problem that raises— What Strategy's June 29 filing actually authorizes on BTC sales, and what it doesn't— Saylor's company has sold 3,620 BTC in 2026 at ~$60k against a $75,476 cost basis— Apple sued for $1.8M over a fake Sparrow Wallet that passed App Store review— Ford and Piccini's $11,700 Disney trip, Grewal's ads in his father's paper— Groceries top what's draining Canadian bank accounts: 76% say so— 50,000 applications for 700 CNE jobs, realtor counts falling, Peel shootings up— Chow vs. Ford on the waterfront, Billy Bishop, and the Alto deal falling apart— Ottawa bought 3,196 motorbikes for Ghanaian farm agents and never budgeted the gas— New York's municipal grocery stores at 30% off— Tens of thousands storm Ceuta as Spain counts its dead— Fauci takes the Fifth, more than 100 timesSelf-custody didn't fail this week. A software supply chain did. Dice, passphrases, verification and multisig exist for exactly this — and the people who used them still have their Bitcoin