Juan Galt

Juan Galt
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Liquid Gets 3,400 BTC Back After On-Chain Talks; White Hats Keep 598.5 BTC

A self-described white-hat party returned 3,400 BTC to Liquid Network’s federation wallet on Monday after Blockstream said bridge nodes were patched. About 598.5 BTC, near $47 million, remains at the holder address.

Alleged White-Hat Hackers Withdraw 4,000 bitcoin from Blockstream’s Liquid Network Federation Reserves

Liquid Network said purported white-hat hackers withdrew about 4,000 bitcoin from the federation wallet that backs L-BTC. Bridge nodes are disabled and the sidechain is paused.

Coinkite’s Coldcard Bug Exposed Single-Sig Risk. Multi-Vendor Multisig Is the New Bitcoin Custody Baseline

Coinkite now forces dice rolls and key-press entropy on new Coldcard seeds. The lasting lesson from the July–August 2026 thefts is not to abandon self-custody — it is to stop generating every key on one vendor.

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.