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EMERGENCY POLICY HOUR A flaw in Coldcard's entropy generation left many users' bitcoin exposed. Over 1,000 BTC moved from wallets that likely never touched the internet. Rob Hamilton 🟥 joins Zack Shapiro, Bayman11771, and Zack Cohen to break down what happened, how an AI model found the bug in...

19,895 views • 1 month ago •via X (Twitter)

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Trezor's CTO on the Cold Card Hack: Randomness, Trust, and What Comes Next Ep. 153 with Tomas Susanka Tomáš Sušánka is the CTO of Trezor, where he has worked since 2017. Tomáš joins Efrat for an urgent, unscripted conversation days after the Cold Card hardware wallet hack, in which a flawed random number generator left seed phrases vulnerable and resulted in more than 1,500 bitcoin stolen from affected users. Drawing on questions submitted directly by the Bitcoin community, Tomáš walks through what entropy actually is, how Trezor's own four-source random number generation works, why open-source visibility alone does not guarantee security, and what practical steps everyday self-custody users can take to reduce how much they have to trust any single piece of hardware. → Please like, comment, share & subscribe, to help me beat the suppressing algo's. Thank you! 00:00 - Introduction: Tomáš Sušánka, Trezor CTO 02:39 - What Happened with Cold Card: How Trezor Received the News 09:17 - Origins of Cold Card: Forks, Licensing, and the Bitcoin-Only Split 13:40 - Open Source vs. Source-Available: How the Bug Went Undetected for Five Years 20:20 - Trezor's Response: Security Reviews and R&D Changes Since the Incident 22:24 - How Trezor Generates Randomness: The Four Entropy Sources 23:29 - Dice Rolling for Seed Generation: Necessary? 28:30 - Reducing Trust: Practical Verification Steps 31:09 - Single Device vs. Multisig 32:45 - BTC Sessions 😎 Clip: Ben and Bitcoin Mentor on Air-Gapped Wallets 34:29 - Tomáš's Take: Why Air-Gapping Isn't What People Think 39:49 - How Trezor's Design Differs from Cold Card's 42:32 - 2026 Secure Element Laser Fault Injection Finding 47:46 - Responsible Disclosure: Trezor's Protocol for Reporting Vulnerabilities 49:29 - The Biggest Risks Facing Bitcoin Right Now 51:01 - Short-Term Damage vs. Long-Term Lessons for the Community 55:27 - Trezor Model One's 12th Anniversary and the Evolution of Hardware Wallets 57:57 - Closing Thoughts and a Call for Continued Security Research

Efrat Fenigson

44,213 views • 1 month ago