Citadel Vault customer deliveries are moving to the end of October. Internal beta units go out at the end of August as planned, delivered to our own internal team for testing.
The reason is that we are widening our own code review due to recently AI exposed industry vulnerabilities.
In July the Coldcard hardware wallet was found to have generated seed phrases from a software pseudorandom generator, not its hardware random source, and to have done so since 2021. More than $100 million in bitcoin was taken before anyone noticed. The lesson is not that one vendor erred. It is that such a defect can sit in trusted, audited code for years while everyone assumes someone has checked.
What followed says more. Researchers funded by OpenSats, the Bitcoin non-profit, spent hours in early August pointing frontier AI models at 390 open-source Bitcoin repositories.
They filed 4,962 bugs, 85 of them critical bugs, each disclosed privately.
Citadel Vault sits outside most of that. The device has no network stack, so a defect in our code cannot be reached remotely. Exploiting the Vault would require physical possession of your Vault components, and recovery is split so no single component is enough.
That is no reason to assume our code is clean. So before any unit ships, we are giving our own cryptographic code the same treatment, a full review against those same models. It is the reason for the new date, and we would rather absorb the delay than find something later.
Could that failure happen to Citadel Vault?
No, and it is worth being precise about why.
Your seed phrases will always be generated by your own hardware and software wallets. Or you generated seeds manually using dice rolls. Citadel Vault does not create them and is not designed to. Nothing about that failure has an equivalent in how your keys come into existence.
And it is worth repeating: the assets in your Vault never touch the Internet.
The Vault is an air-gapped device. There is no network stack and nothing in the software capable of opening a connection. Recovery never depends on us either, not on our servers and not on our continued existence as a company.
What this means for you
- Your place in the delivery order does not change.
- Warranty and support start the day your unit arrives, not the day you ordered, so none of it is consumed by the wait.
- You will hear from us at the end of August when beta units ship, and again when deliveries begin.
Citadel Vault exists to hold the secrets a family cannot afford to lose, and to pass it along years later to someone who was not in the room when it was created. A product with that job needs to be right.
If this timing creates a real difficulty for your circumstances, reply to this message and we will work it through with you directly.
Thank you for the patience. It is not taken for granted.
Craig, Daniel, Alex, Rex, Mike & Jor