Juan Galt

Juan Galt
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Open Source vs. Source-Available: What the Coldcard Failure Teaches About Bitcoin Software Incentives

FOSS rests on four essential freedoms defined by the Free Software Foundation and the Open Source Initiative’s ten criteria. Licenses that withhold commercial rights, such as MIT plus Commons Clause, shrink the reviewer pool and shift the burden back onto the vendor.

Hunting Down the Coldcard Hacker. Wave 1 Thief May Be Known to FBI

Clay Garrett’s investigation matched the 1,082.65 BTC sweeps to a major data provider’s internal logs with “extraordinary specificity.” The coins remain unmoved.

Chinese AI Beats Restricted OpenAI and Anthropic Cybersecurity Models, Bitcoin Industry Warns

Bitcoin company leaders and open-source developers report Chinese AI models delivering superior results on defensive cybersecurity work that restricted American frontier systems refuse, forcing reliance on them to secure critical infrastructure.

Casa CEO Nick Neuman: 233k BTC Moved To Safety After Coldcard Exploit Proves Self-Custody Resilience

Casa customer data indicates part of the 233k BTC flow came from single-key Ledger and Trezor users shifting to multisig and from multisig users removing Coldcard devices after the July 30 attack waves.

Breez Announces Glow, an Open Source Bitcoin to Stablecoins Progressive Web App

Breez’s new open-source Glow PWA turns Bitcoin into everyday money. Users send stablecoins from their BTC balance via Spark, log in with Passkeys, and keep full self-custody.

Bitcoin Red Team Finds 85 Critical Flaws Across 390 Open Source Repos After Coldcard Exploit

Triggered by the Coldcard RNG vulnerability that drained over $100 million, the Bitcoin Red Team led by Calle and Rob Hamilton has already filed 4,962 findings across 390 open-source projects using frontier AI models.

Self Custody Is Dead. Long Live Self Custody

The Coldcard security failure has shaken Bitcoin's confidence in hardware wallets—but abandoning self-custody would mean abandoning the very reason Bitcoin exists. History suggests the lesson isn't to trust custodians again, but to build stronger, more resilient ways to hold our own keys.

Coinkite Releases Fixed Firmware After Coldcard Bug; AI Likely Involved In The Breach

NVK stated that AI-assisted code review can now find latent bugs at a speed outpacing even the industry’s most seasoned experts, calling it a sober reality of the new AI paradigm.

Bitchat Mesh App Defies India Cybercrime Notice After Protesters Use It During Network Restrictions

The open-source Bitchat app, designed to work without internet or central servers, continued functioning and spreading peer-to-peer after authorities targeted its GitHub code.

I Scanned the Entire Bitcoin Blockchain for Images. What I Found Will Shock You

After three days of validation and half a day of deep scanning, the findings force a hard look at what “content on the blockchain” really means for ordinary node operators.

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