Bitcoin Security Expert Explains the Biggest Wallet Hack in History

Over $100 million in Bitcoin has already been stolen in what may be the biggest hardware wallet security failure in Bitcoin history. Mark Moss sits down with physicist and Bitcoin security expert Dhruv Bansal to break down exactly what happened with the Coldcard firmware vulnerability, why so many wallets were affected, and what Bitcoin holders should do right now to protect themselves. They also discuss why single points of failure are the real problem, whether self custody is too difficult for the average person, why multisig changes the security model, and how this event could permanently change the future of Bitcoin security. ___________________________________________________________________________________________ THANKS TO OUR SPONSORS! UNCHAINED: Get setup with Unchained at https://go.1markmoss.com/unchained_pod and use code MOSS10 to get 10% off. BLOCKWARE SOLUTIONS: Mine Bitcoin and zero out your tax bill at https://blockwaresolutions.com/marketdisruptors RIVER: If you’re ready to build your Bitcoin position with confidence, go to https://go.1markmoss.com/river to sign up and get up to $100 in free Bitcoin. RUMBLE WALLET: Enter Promo code "MOSS10" after downloading to get $10 in USD stablecoins: https://apps.apple.com/us/app/rumble-wallet-buy-crypto-btc/id6748149951 This is a paid advertisement for Rumble Wallet. Rumble is compensating Market Disruptors for this ad. Void where prohibited. No purchase necessary. Offer available to US residents only. Offer not available in New York State. Must be 18+. Offer is available for a limited time and for the first 500 wallets activated and funded. Details and full official rules available at http://rumble.com/promoofficialrules. ___________________________________________________________________________________________ TIMESTAMPS: 0:00 - Episode Trailer 0:49 - The Biggest Hardware Wallet Hack in Bitcoin History 11:30 - Secure Your Bitcoin with Unchained Multisig 12:58 - Why Single-Key Bitcoin Security Is So Dangerous 19:48 - Is Self Custody Too Difficult for Most People? 21:52 - Turn Your Taxes Into Bitcoin with Blockware 22:51 - Why Bitcoin Needs a Network of Keys 33:35 - Earn Bitcoin on Your Cash with River 34:18 - Why Multisig Protected Users From the Coldcard Attack 41:48 - Used a Coldcard Years Ago? You Could Still Be at Risk 46:08 - 2-of-3 vs 3-of-5 Multisig 47:50 - Download Rumble Wallet Today 48:57 - Why This Bitcoin Bear Market Feels Different 57:49 - The Biggest Lesson Every Bitcoiner Should Learn From This Hack 1:00:08 - Where to Find Dhruv and Unchained ___________________________________________________________________________________________ FOLLOW Dhruv Bansal: Unchained: https://www.unchained.com/ X: https://x.com/dhruvbansal X: https://x.com/unchained FOLLOW Mark Moss YouTube: https://www.youtube.com/@UC9ZM3N0ybRtp44-WLqsW3iQ X: https://x.com/1MarkMoss Instagram: https://www.instagram.com/markmoss/ FOLLOW Market Disruptors: Instagram: https://www.instagram.com/marketdisruptorspodcast/ X: https://x.com/MDisruptors ___________________________________________________________________________________________ SIGN UP FOR THE FREE MARKET DISRUPTORS WEEKLY NEWSLETTER: https://link.1markmoss.com/FGLRv BOOK A CALL TO WORK WITH OUR TEAM TO MAKE A PERSONALIZED WEALTH PLAN: https://link.1markmoss.com/249zZ ____________________________________________________________________________________________ 🔴(BEWARE OF SCAMMERS)🔴 They are impersonating me in the comments. My comments have a "checkmark" so look for that. Please beware, I will never message you asking you to give me money or to talk to me on WhatsApp. Disclaimer: I am NOT a financial advisor, and nothing I say is meant to be a recommendation to buy or sell any financial instrument. I will NEVER ask you to send me money to trade or invest for you. Please report any suspicious emails or fake social media profiles claiming to be me. Don't invest money you can't afford to lose. There are no guarantees or certainties in trading or investing. My videos may contain affiliate links or sponsorship to products I believe will add value to your life and help you. In some cases, I may receive payment or other consideration from the companies mentioned in the videos. No matter what I or anyone else says, it’s important to do your own research before making a financial decision. SEE FULL DISCLAIMER HERE: https://go.1markmoss.com/disclaimer

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