Thursday, August 6, 2026
Catatonic Times
No Result
View All Result
  • Home
  • Crypto Updates
  • Bitcoin
  • Ethereum
  • Altcoin
  • Blockchain
  • NFT
  • Regulations
  • Analysis
  • Web3
  • More
    • Metaverse
    • Crypto Exchanges
    • DeFi
    • Scam Alert
  • Home
  • Crypto Updates
  • Bitcoin
  • Ethereum
  • Altcoin
  • Blockchain
  • NFT
  • Regulations
  • Analysis
  • Web3
  • More
    • Metaverse
    • Crypto Exchanges
    • DeFi
    • Scam Alert
No Result
View All Result
Catatonic Times
No Result
View All Result

Bitcoin Red Team Finds 85 Critical Flaws Across 390 Open Source Repos After Coldcard Exploit

by Catatonic Times
August 6, 2026
in Bitcoin
Reading Time: 3 mins read
0 0
A A
0
Home Bitcoin
Share on FacebookShare on Twitter


Rallied by the latest, catastrophic vulnerability in Coldcard {hardware} wallets, exploited to the tune of over $100 million, the Bitcoin group has rallied to stop future vital bugs within the business’s open supply software program.

PSA: Any customers of Coldcard wallets that haven’t migrated their bitcoin to new seeds generated in safe firmware are nonetheless in danger. It might not be too late to behave; see advisory on the matter. 

Led by Calle, software program engineer, avid vibe coder and creator of the Android model of Bitchat, and Rob Hamilton, the CEO of Anchorwatch a Bitcoin self-custody insurance coverage firm, the Bitcoin Pink Staff has now secured funding, with over $40,000 spent in AI tokens to audit over 390 Open Supply repositories throughout Bitcoin. 

Colloquially referred to as the “Bitcoin Pink Staff”, with memes about Rob Hamilton and Calle now being the CEO and CTO of Bitcoin, this AI-driven safety audit is having a critical affect throughout the business. Just some days in the past, buried within the information of ongoing thefts of bitcoin from MK3+ Coldcards on account of an RNG bug, Boltz trade introduced it could be pausing operations to meet up with AI-driven hacking makes an attempt. 

“27.5 hours in, we’ve filed 4,962 findings throughout 390 tasks. 85 vital and 635 excessive severity points. We’re at 2.31 h+c findings per particular person per hour,” mentioned Calle in the newest replace on Pink Staff efforts to shore up the business’s cybersecurity.

The Pink Staff safety overview effort is utilizing fashions like Kimi K3, GPT Sol, Fable, Opus and GLM5.2, a number of the most costly and cutting-edge fashions out there. At first, entry to OpenAI and Anthropic fashions was restricted, resulting in an over-reliance on Chinese language open-source fashions, a reality which many within the business lamented and noticed as a foul omen for U.S. AI dominance. However because the Pink Staff venture grew in affect since final week’s Coldcard hack, connections have been established and confirmed with OpenAI, giving Pink Staff entry to GPT Sol. Hamilton’s point out of Fable in his August 4 tweet suggests entry to Anthropic has additionally been established.

Bills which have been final tallied at over $40,000 have been coated by OpenSats, a non revenue 501c3 group devoted to funding open supply Bitcoin growth tasks. The Bitcoin Pink Staff doesn’t at the moment have an internet site or a GitHub repository to hyperlink to, however the workforce is made up of many people throughout the Bitcoin business. People publicly thanked for his or her assist embody however aren’t restricted to danielabrozzoni, lylepratt, stutxo, benthecarman, thesimplekid. 

Hamilton shared {that a} customized harness has been constructed and is evolving rapidly. Made up at one level of 171,599 strains of code, the harness is designed to determine and check vital Bitcoin software program libraries and high-load-bearing code, determine and doc vulnerabilities, reproduce them and bundle the confirmed information into helpful experiences. In the end delivering the data responsibly to engineers within the business. Hamilton additionally shared that Pink Staff intends to open supply the harness such that Bitcoin firms can run it towards their closed-source code. 

Pink Staff is actively reaching out to related open supply tasks with vital vulnerabilities found, resulting in a broad sense of dread from engineers within the business after they obtain chilly direct messages from Hamilton or Calle, as seen in numerous humorous screenshots shared on social media.

https://x.com/callebtc/standing/2085035257477190080 

Among the many key insights shared by Pink Staff publicly as this AI-driven safety replace of Bitcoin FOSS takes place, Hamilton shared that engineers with particular subject material may generally yield high-value outcomes from the Harness, which could in any other case “odor out one thing is unsuitable,” however is perhaps lacking area of interest context. An perception which speaks to the significance of getting human intelligence and expertise work hand in hand with the AI to effectively determine vital vulnerabilities.

Hamilton additionally ended a multi-day Pink Staff effort after the Coldcard hack with some private notes. He mentioned that the found vulnerability in Coldcard random quantity turbines and consequent exploitation of the bug by hackers had been a “religious assault” on Bitcoin and the self-custody ethos of the business, “I imply that within the literal sense of the phrases”. After expressing grief for the losses skilled by many Bitcoiners throughout this now historic hack, Hamilton closed his tweet with a tone of hardened decision:

“Whereas issues aren’t straightforward proper now. I’ve the best conviction ever in my life that the concept and expertise of Bitcoin is price combating for. To that finish. There isn’t any Bitcoin with out self-custody. That is non-negotiable.”



Source link

Tags: BitcoinCOLDCARDCriticalexploitFindsFlawsOpenredReposSourceTeam
Previous Post

10x Banking Raises £40 Million from AshGrove Capital

Next Post

White House Now Reviewing Crypto Clarity Act

Related Posts

Grayscale Gives BNB 30.6% in Smart Contract Fund, Tops Ether and Solana
Bitcoin

Grayscale Gives BNB 30.6% in Smart Contract Fund, Tops Ether and Solana

August 6, 2026
CLARITY Act Delay vs US-UK Crypto Pact: What It Means
Bitcoin

CLARITY Act Delay vs US-UK Crypto Pact: What It Means

August 6, 2026
China Says It Cracked the Chipmaking Tech the West Spent Billions Trying to Keep From It
Bitcoin

China Says It Cracked the Chipmaking Tech the West Spent Billions Trying to Keep From It

August 6, 2026
White House Now Reviewing Crypto Clarity Act
Bitcoin

White House Now Reviewing Crypto Clarity Act

August 5, 2026
ChangeNOW Brings Martin Masser Into Its Crypto Super App
Bitcoin

ChangeNOW Brings Martin Masser Into Its Crypto Super App

August 5, 2026
Strategy Bets on Trump Accounts to Mint the Next Investor Class
Bitcoin

Strategy Bets on Trump Accounts to Mint the Next Investor Class

August 5, 2026
Next Post
White House Now Reviewing Crypto Clarity Act

White House Now Reviewing Crypto Clarity Act

Meta Debuts AI Coding Agent Muse: Here’s How It Compares to Claude Code and Codex

Meta Debuts AI Coding Agent Muse: Here’s How It Compares to Claude Code and Codex

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Catatonic Times

Stay ahead in the cryptocurrency world with Catatonic Times. Get real-time updates, expert analyses, and in-depth blockchain news tailored for investors, enthusiasts, and innovators.

Categories

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Web3

Latest Updates

  • Grayscale Gives BNB 30.6% in Smart Contract Fund, Tops Ether and Solana
  • CLARITY Act Delay vs US-UK Crypto Pact: What It Means
  • SpaceX’s $85 billion IPO windfall went everywhere except Bitcoin
  • About Us
  • Advertise with Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact Us

Copyright © 2024 Catatonic Times.
Catatonic Times is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Crypto Updates
  • Bitcoin
  • Ethereum
  • Altcoin
  • Blockchain
  • NFT
  • Regulations
  • Analysis
  • Web3
  • More
    • Metaverse
    • Crypto Exchanges
    • DeFi
    • Scam Alert

Copyright © 2024 Catatonic Times.
Catatonic Times is not responsible for the content of external sites.