Bitcoin Well Podcast
Under the Bitcoin Well Podcast banner are different shows including Answers, Explains and Reads. All shows that will help expand people's understanding of Bitcoin, both from a beginner and a veteran's perspective. With a strong focus on self-custody, self sovereignty, personal freedom and empowerment.
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- StandardSummaries only$130 Million Just Vanished From 'Safe' Bitcoin Wallets | Pete Rizzo
Published Aug 5, 2026
Pete Rizzo$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