#coldcard #hack #entropy #sad
#CoinKite cannot come back from this.
Even if they could rebuild the lost trust the company AND principals (due to negligence piercing the LLC/corporate protections) are going to be sued into oblivion.
The only HONORABLE move @nvk and @coinkite can do is simple:
They should FULLY make both the hardware and software 100% open source. This would allow the community to rescue the existing devices and project from being useless.
This is also the most effective, if not only way for the people behind this debacle to regain a small amount of respect in the community.
And... It is right.
Not holding my breath... I assume the lawyers and liquidators will be running the show soon.
M0053 / M0053 (Balakay2b edition)
npub1qk…x9qas
2026-08-06 19:47:22 UTC
Author Public Key
npub1qktjyk0vdqlfss7wztawdnka5phx2p3vlvq50x0z402jk2fjhtnqlx9qasPublished at
2026-08-06 19:47:22 UTCEvent JSON
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