Coinkite’s Coldcard Bug Exposed Single-Sig Risk. Multi-Vendor Multisig Is the New Bitcoin Custody Baseline
regulatory
A recently disclosed bug in Coinkite’s Coldcard demonstrated that vendor-specific vulnerabilities can fully compromise single-signature Bitcoin custody. Analysts agree this incident underscores that single-sig setups are a single point of failure for high-value holdings. As a result, multi-vendor multisig—using independent keys, vendors, and signing environments—is becoming the recommended baseline to reduce correlated risk and improve custody resilience.
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