Kevin Loaec and the Wizardsardine team were among the first putting out clear public breakdowns while everyone else was still speculating.
Peter Todd flagged the multisig risk most people weren’t even thinking about yet, the 2-of-3 setups where two compromised Coldcards can still burn you even if you did everything else right.
None of these guys are loud about it. No thread demanding credit, no victory lap. Just did the work, said what they found, moved on.
That’s what actually protects this space. Not outrage. Not certainty. People willing to check, and willing to say what they found even when it’s inconvenient for someone they know.
Contra
reformedsaint@zaps.lol
npub14hq5...jjzu
The unexamined premise is the only tyranny that asks for your consent. Reformed Christian, Nostr class of 23, I think
Host of The ContraCast Podcast
https://fountain.fm/show/XRuDwbnAzVdjjchD4Veq
Curiosity beats authority in almost every conversation. The guy asking real questions controls where it goes. Everyone else is just reacting.
Ask more than you assert. It’s fine not to know. Half the people talking with total confidence right now don’t either.
Integrity is the most expensive thing you own. Once you lose it, the cost to rebuild is astronomical. And some people will never sell it back to you. Guard it. It's worth more than anything in your bank account.
A man can hide behind a product until the product’s own history reveals him.
Lessons…lessons
#ColdCardHeist
The collective work continues
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@uncleJim21 has some work to do and it’ll cost him but we all benefit. Let us know bro and I’ll chip in…
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The armor doesn’t dent. It gets pierced by the gap they left open on purpose.


I’ve watched a lot of groups claim resilience. Bitcoiners are the only ones I’ve seen actually live it. We unite. Nobody has to ask twice.
A crisis reveals the quality of a community.
If your first instinct is to dunk on victims, we’re weakening Bitcoin.
If your first instinct is to help them secure what remains and teach the next person, we’re strengthening it.
That’s the culture worth defending.
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Trust is the truest test
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I have a sneaky suspicion more people will be involved in this CC farce than we know right now.
Part 1: Who Peter Gray Is..
Peter D. Gray. CTO and co-founder of Coinkite. Goes by “doc-hex” online. Bachelor of Mathematics from Waterloo. Programmer since before there was a commercial web, by his own bio. Still codes every day, still an active CTO, not just a name on the letterhead.
He’s Irish based now. Founded four companies total, angel invests in a handful more, mostly UK and Ireland fintech. But Coinkite is the one that matters here. He’s the guy who actually wrote the firmware.
Part 2: How He and NVK Got Here
2011. Gray reads the Bitcoin whitepaper, gets hooked, brings it to his business partner. That partner is Rodolfo Novak. Not a chance meeting. They already ran a company together, Ripe Apps, before Bitcoin was even on the radar.
They build btclook.com, a blockchain explorer, just to scratch the itch. Can’t find a wallet they actually like. So in 2013 they build their own and call it Coinkite. Started as a bitcoin banking and payment terminal play before it pivoted hard into hardware.
Part 3: The Part We’re Still Verifying
There’s a claim circulating that the specific commit tied to the broken RNG path, the libngu integration, traces back to Gray’s authorship on GitHub.
I’m not saying I can prove intent (yet). I’m saying the pattern doesn’t look like an accident anymore. Trust doesn’t survive a coincidence this convenient.
May the Nostr investo commence…
Ya, I bet you did!!
He knew exactly what hat it would be “worth”
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Delete away @NVK nothing is EVER permanently deleted on the internet. If all people, you understand this.
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NVK is deleting his 2020 posts right now. Trying to clean up the Coldcard history before people connect the dots on the entropy bug.
Someone already has the receipts. They’d do well to keep them.
I’m awake and ready to be a problem.
Good Morning. ☀️ ☕️