
🚨 ColdCard Hack & The Future of Self-Custody
You bought a hardware wallet to keep your crypto safe from hackers. But what if the hack came from inside the house?
On July 30th, the crypto community was shaken by a critical vulnerability in Coinkite’s ColdCard wallets. The issue wasn’t phishing or malware—it was a flaw in the device's Random Number Generator (RNG) and entropy collection during wallet generation. Because the seed phrases weren’t truly random, bad actors could mathematically predict them and drain wallets silently.
Panic doesn’t secure your sats. Education does.
Join Bitcoin Bay Research as we pop the hood on the exploit, separate fact from FUD, and figure out what this means for the future of Bitcoin self-custody.
What We’ll Cover:
🔍 The Autopsy: How the RNG failed and how the exploit was executed.
🛡️ Triage & Survival: How to check if your device/seed is at risk and immediate steps to secure your funds.
🧠 The Big Picture: Are hardware wallets still the gold standard, or is it time to rethink our setup?
🎲 Better Ways to Roll: Alternative entropy sources (physical dice, open-source RNG audits, micro-SD injections, and multi-sig).
The Vibe:
60-minute deep-dive presentation + open Q&A + networking.
Bring your paranoia; we’ve got the beer. 🍻 Pizza, snacks, and drinks are proudly sponsored by the legends at Chobits VAR.
📅 Monday, Aug 10, 2026 | 6:00 PM – 8:00 PM ET
📍 Bitcoin Bay HQ, Greater Toronto Area (Exact address sent upon RSVP)
600 Bay St. unit 405, Toronto, ON M5G 1C3, Canada
Get directionsScan with your camera – the event opens in the Somo app.






