Bitcoin.com News Weekly Update

← Bitcoin.com News Weekly Update3 aug · 49 min

Coldcard Fallout, Self-Custody Risks & the Yen Intervention Explained

Coldcard Fallout, Self-Custody Risks & the Yen Intervention Explained3 aug49 min

<p>A reported vulnerability affecting Coldcard-generated seed phrases has raised new concerns about Bitcoin self-custody after more than 1,000 addresses were reportedly drained in coordinated attack waves.</p><p>Today’s The Weekly, David Sencil and Graham Stone break down what allegedly went wrong, why the response has been heavily criticized, and what the incident could mean for hardware wallets, self-custody, and the broader Bitcoin ecosystem.</p><p>The conversation then shifts to a major development in global finance: coordinated intervention by Japan and the United States to support the yen after the currency fell to multi-decade lows. They explore what it signals for global markets, currency devaluation, and why many investors are increasingly turning to hard assets such as Bitcoin, gold, and equities.</p><p><strong>Topics include:</strong></p><ul><li>The Coldcard seed phrase controversy</li><li>How the reported vulnerability worked</li><li>Risks to Bitcoin self-custody</li><li>The future of hardware wallets</li><li>Japan and U.S. intervention to support the yen</li><li>Currency devaluation and market volatility</li><li>Why investors are moving beyond cash</li><li>Bitcoin's role in an uncertain global economy</li></ul><p>Whether you're interested in Bitcoin security, self-custody, or the macroeconomic forces shaping financial markets, this episode provides the context behind two of the week's biggest stories.</p><p>🎧 Be sure to subscribe on your favorite podcast platform to catch more conversations with industry leaders, economists, and builders shaping the future of crypto and finance.</p><p><strong>Then join our community and follow us for the latest updates ⬇️</strong></p><p>► YouTube: <a href="https://www.youtube.com/@BitcoincomNews">https://www.youtube.com/@BitcoincomNews</a></p><p>► X (Bitcoin.com): <a href="https://x.com/Bitcoincom">https://x.com/Bitcoincom</a></p><p>► X (Bitcoin.com News): <a href="https://x.com/bitcoinnews">https://x.com/bitcoinnews</a></p><p>► Telegram: <a href="https://t.me/www_Bitcoin_com">https://t.me/www_Bitcoin_com</a></p><p>► Discord: <a href="https://discord.gg/9NGNJEnwmW">https://discord.gg/9NGNJEnwmW</a></p><p>► LinkedIn (Bitcoin.com): <a href="https://www.linkedin.com/company/bitcoin.com/">https://www.linkedin.com/company/bitcoin.com/</a></p><p>► LinkedIn (Bitcoin.com News): <a href="https://www.linkedin.com/company/bitcoin-com-news/">https://www.linkedin.com/company/bitcoin-com-news/</a></p>