Coldcard Fallout, Self-Custody Risks & the Yen Intervention Explained by Bitcoin.com News Weekly Update

A reported vulnerability affecting Coldcard-generated seed phrases has raised new concerns about Bitcoin self-custody after more than 1,000 addresses were reportedly drained in coordinated attack waves.Today’s The Weekly, David Sencil and Graham Stone break down what allegedly went wrong, why the response has been heavily criticized, and what the incident could mean for hardware wallets, self-custody, and the broader Bitcoin ecosystem.The conversation then shifts to a major development in global finance: coordinated intervention by Japan and the United States to support the yen after the currency fell to multi-decade lows. They explore what it signals for global markets, currency devaluation, and why many investors are increasingly turning to hard assets such as Bitcoin, gold, and equities.Topics include:The Coldcard seed phrase controversyHow the reported vulnerability workedRisks to Bitcoin self-custodyThe future of hardware walletsJapan and U.S. intervention to support the yenCurrency devaluation and market volatilityWhy investors are moving beyond cashBitcoin's role in an uncertain global economyWhether you're interested in Bitcoin security, self-custody, or the macroeconomic forces shaping financial markets, this episode provides the context behind two of the week's biggest stories.🎧 Be sure to subscribe on your favorite podcast platform to catch more conversations with industry leaders, economists, and builders shaping the future of crypto and finance.Then join our community and follow us for the latest updates ⬇️► YouTube: https://www.youtube.com/@BitcoincomNews► X (Bitcoin.com): https://x.com/Bitcoincom► X (Bitcoin.com News): https://x.com/bitcoinnews► Telegram: https://t.me/www_Bitcoin_com► Discord: https://discord.gg/9NGNJEnwmW► LinkedIn (Bitcoin.com): https://www.linkedin.com/company/bitcoin.com/► LinkedIn (Bitcoin.com News): https://www.linkedin.com/company/bitcoin-com-news/

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