Episode Details
Back to Episodes2417: A $114 Million Bitcoin Hack Just Escalated - Why the Hackers Can't Cash Out
Episode 2417
Published 4Â weeks ago
Description
The Coldcard incident continues escalating.
Estimated losses have climbed beyond $114 million, researchers believe a fourth wave of attacks may already be underway, and the emergency firmware hotfix is now facing additional issues. We explain why the attackers' biggest challenge may no longer be stealing Bitcoin, but spending it, while separating Bitcoin's protocol from a hardware wallet firmware failure. We also discuss the latest on-chain developments, blockchain transparency, institutional accumulation, and why Bitcoin's long-term fundamentals remain unchanged.
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