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Coldcard releases firmware update after $114 million bitcoin theft

Firmware update follows a review prompted by a major bitcoin theft, though compromised wallets remain unsafe.

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Marcus Webb · Crypto Desk · 21 Aug 2026 · 12:17 · 1 min read
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Coldcard releases firmware update after $114 million bitcoin theft

Coldcard has shipped a new firmware version after a three-week review of its software. The review was initiated following a theft totaling $114 million in bitcoin.

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The company stated that the review uncovered issues unrelated to the flaw linked to the theft. Despite the update, Coldcard cautioned that wallets already compromised remain unsafe.

This article was produced with AI assistance and edited by a Finance Review Daily journalist.
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Written by
Marcus Webb
Crypto Desk

Marcus reports on digital assets, from spot ETF flows to protocol-level developments in DeFi. He pays particular attention to how institutional adoption is reshaping crypto market structure.

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