Pete Rizzo
Bitcoin Well Podcast
$130 Million Just Vanished From 'Safe' Bitcoin Wallets | Pete Rizzo
- Published
- August 5, 2026
- Duration
- 1h 4m
- Summary source
- description
- Last updated
- Aug 5, 2026
Discusses society, culture.
Summary
$130 million. That's how much Bitcoin has vanished from "self-custody" wallets since a firmware flaw in Coldcard hardware wallets was disclosed — one of the largest security failures in Bitcoin's history, and it happened to people who did everything right by taking their coins off exchanges. This week we're joined by Pete Rizzo — Bitcoin historian, former…
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Show notes
$130 million. That's how much Bitcoin has vanished from "self-custody" wallets since a firmware flaw in Coldcard hardware wallets was disclosed — one of the largest security failures in Bitcoin's history, and it happened to people who did everything right by taking their coins off exchanges. This week we're joined by Pete Rizzo — Bitcoin historian, former Bitcoin Magazine and CoinDesk editor — to put this moment in context. We trace the history of self-custody, why collaborative custody exists a
Themes
- society
- culture