117: Coldcard Fallout
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We unpack the widening Coldcard fallout, the uncomfortable lessons Bitcoiners need to face, and a major macro intervention that reveals just how trapped the financial system has become.
Episode Links
- 🎉 Boost from the Web
- 🇺🇸 Buy Sats on River - The best way to stack in the US
- 🇨🇦 The Bitcoin Well - An amazing automatic self-custody Bitcoin platform
- 💳 The Bitcoin Company - Spending your Bitcoin Via Lightning
- 🏦 Fold Card - Pay bills Stack Sats
- 💵 SALT Lending - Get access to your BTC Value w/out Selling
- ⚡ Strike - Ultra-low fees, high trading limits, and easy loans.
Show Notes
- COLDCARD Mk3 Seed Generation Warning
- COLDCARD Entropy Issue: Technical Background
- Predictable RNG Fallback in COLDCARD Firmware
- COLDCARD Entropy and Nonce Analysis
- COLDCARD TRNG Recovery Fix
- When random.bytes() Runs but Doesn’t Work
- COLDCARD’s Random Numbers Weren’t
- Everything to Know About the COLDCARD Hack
- How COLDCARD Wallets Lost $70 Million
- COLDCARD Exploit Shakes Faith in Self-Custody
- COLDCARD Wallet Attack Drains Up to $89 Million
- COLDCARD Flaw Linked to $70 Million Theft
- COLDCARD Attacker Stole $30 Million in 10 Minutes
- COLDCARD Firmware Bug Drained $38 Million
- COLDCARD Firmware Bug Bypassed RNG for Five Years
- Hackers Target Bitcoin’s Safest Hiding Place
- COLDCARD Attack Pushes Bitcoin Toward Exchanges
- $38 Million Swept Through Weak Seed Entropy
- More Details on COLDCARD Bricking
- COLDCARD Incident Victim Intake
- How Blockstream Jade Generates Recovery Phrases
- BlockSlop: BIP-110 Chainstate Validation Gap
- Bitcoin Developer Revives PoW-Change Code for BIP-110
- BIP-110 and Who Decides Bitcoin’s Future
- BIP-110 Falls Flat With Zero Miner Support
- Did IBM’s Quantum Timeline Spook Jim Cramer?
- Jim Cramer Rethinks Bitcoin Over Quantum Risk
- Lummis Says CLARITY Act Delay Could Kill the Bill
- Lummis Presses CLARITY Act Holdouts
- Warren’s Opening Remarks on the CLARITY Act
- Warren Warns About Crypto Money Laundering
- Fed Holds Rates Steady as Warsh Fights Inflation
- Warsh’s Quieter Fed Communication Strategy
- A Quieter Fed Could Mean More Volatile Markets
- Warsh Says the Fed Has No Tolerance for Inflation
- Warsh Reiterates the Fed’s Inflation Pledge
- June 2026 FOMC Statement
- U.S. Treasury Signals Possible Yen Intervention
- Why the U.S. Stepped In to Support the Yen
- Why Trump Is Propping Up Japan’s Currency
- Bessent Says the Japanese Yen Looks Undervalued
- Delayed BOJ Hike Adds Pressure on the Yen
- Lessons From the Plaza Accord
- The Real Lessons From the Plaza and Louvre Accords
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