2417: A $114 Million Bitcoin Hack Just Escalated - Why the Hackers Can't Cash Out

Bitcoin News Alerts | Daily BTC Macro Signal · Aug 3, 2026 · 17:38

Listen in the Podli app 🎧

Follow your favourite podcasts, listen offline and in the car with CarPlay and Android Auto, and always pick up where you left off. Free to try.

The Coldcard incident continues escalating.

Estimated losses have climbed beyond $114 million, researchers believe a fourth wave of attacks may already be underway, and the emergency firmware hotfix is now facing additional issues. We explain why the attackers' biggest challenge may no longer be stealing Bitcoin, but spending it, while separating Bitcoin's protocol from a hardware wallet firmware failure. We also discuss the latest on-chain developments, blockchain transparency, institutional accumulation, and why Bitcoin's long-term fundamentals remain unchanged.

📺 Prefer video? Watch daily Bitcoin breakdowns: http://BitcoinNewsAlerts.net