COIN BASED: BRCA, Liquid Hack, Red Team Update

<p>The <em><strong>Coin Based</strong></em> boys are back for another emergency broadcast—this time, officially brought to you by <a href="https://x.com/AnchorWatch" target="_blank" rel="ugc noopener noreferrer">Anchorwatch</a>.</p><p><br></p><p>Host <a href="https://x.com/tpacchia " target="_blank" rel="ugc noopener noreferrer">Thomas Pacchia</a> sits down with <a href="https://x.com/arbedout " target="_blank" rel="ugc noopener noreferrer">arbedout</a>, <a href="https://x.com/intangiblecoins " target="_blank" rel="ugc noopener noreferrer">Alex Thorn</a>, and <a href="https://x.com/Rob1Ham " target="_blank" rel="ugc noopener noreferrer">Rob Hamilton</a> to make sense of current Bitcoin discourse. They cover how much was really stolen from Coldcard and who&#39;s still at risk, how a bug let someone mint bitcoin out of thin air on Liquid, whether the person draining it is a &quot;white hat&quot; or an extortionist, and why the CLARITY Act died at the last minute in Washington. </p><p><br></p><p>0:00 INTRO: An emergency broadcast on Coldcard, Liquid &amp; Clarity <br>2:11 Coldcard update: 1,807 bitcoin gone, and the victims left behind <br>9:29 Is any single hardware wallet safe now? <br>13:33 Did Coinkite&#39;s arrogance make it worse? <br>17:13 How the attacker actually cracked the wallets <br>24:52 Could the same bug hit other wallets? (and the Bitfinex parallel) <br>28:07 Is this the end of the toxic Bitcoin maximalist era? <br>35:33 Is open source making Bitcoin an easier target? <br>44:23 How AI supercharged the Red Team&#39;s bug hunting <br>48:22 The Liquid hack: how someone minted bitcoin from thin air <br>53:22 Who pays for the Liquid hack — and can you prove the coins were yours? <br>56:22 Is the Liquid hacker a &quot;white hat&quot; or an extortionist? <br>1:13:06 Why people are furious at Blockstream&#39;s response <br>1:19:17 Should frontier AI models be restricted? <br>1:22:01 Is Bitcoin&#39;s core crypto library secretly backdoored? <br>1:26:48 What killed the CLARITY Act? <br>1:36:13 &quot;We pay for this&quot;: Thomas on Washington dysfunction <br>1:39:45 What the BRCA was actually trying to protect <br>1:44:32 Is quantum computing a real threat to Bitcoin? <br>1:51:06 How crypto out-lobbied the banks <br>1:53:44 CONCLUSION: a brutal week, and what comes next </p><p><br></p><p>▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ </p><p><br></p><p>Welcome home. PubKey is a bar and cultural venue located in New York City and Washington DC. (With more locations coming!) <br>