Will Coinkite announce a reimbursement program for Coldcard exploit victims by Aug 30, 2026?
30,173 Vol.in 22 days (Aug-30-2026 11:59:00 PM UTC)
DescriptionA firmware flaw in Coldcard hardware wallets (firmware 4.0.0, March 2021, affecting Mk2/Mk3 through 5.0.3) weakened seed generation; in late July 2026 an attacker drained roughly 1,000+ BTC (tens of millions of USD) from thousands of addresses, widely called the largest hardware-wallet failure in Bitcoin history. Loss estimates were still growing at listing time. CEO Rodolfo 'NVK' Novak apologized, said Coinkite 'accepts full responsibility,' and shipped fixed firmware, but has made no commitment to compensate victims.
- This event resolves YES if Coinkite (or its CEO) officially announces a reimbursement, compensation, or victim-relief fund/program for affected Coldcard users on or before 2026-08-30 23:59 UTC.
- This event resolves NO if no such program is announced by the deadline.
- 1. Specificity: An official statement committing to reimburse victims, pay compensation, or establish a victim-relief fund counts as YES; an announced pledge counts even if payouts have not yet begun.
- 2. Exclusion: Apologies, firmware fixes, security advisories, discounts/replacement devices, court-ordered legal settlements, or third-party/community fundraisers do NOT count.
- 3. Source Hierarchy: Coinkite/Coldcard official blog and NVK official channels priority. Coindesk secondary. Bitcoin Magazine tertiary.
- 4. Timing: Must occur before 2026-08-30 23:59 UTC. Post-deadline resolves NO.
- 5. Cancellation Rule: No additional conditions; resolution is based solely on an official announcement/commitment as defined above.