August 20, 2026, 3:15PM EDT

Bitcoin rocked by Coldcard exploit w. Freddie New

Freddie New, CEO, BHODL

Back to The Starting Block

Episode 22 of The Starting Block was broadcasted live with BHODL CEO Freddie New and The Block's Head of Multimedia, Gareth Jenkinson.



BHODL CEO Freddie New joins Gareth Jenkinson on The Starting Block to discuss the Coldcard hardware wallet exploit that drained roughly 594 Bitcoin from affected devices, the importance of entropy in seed phrase generation, and best practices for securing Bitcoin in self-custody.

OUTLINE
00:07 - Show Intro & Lineup
01:01 - Strategy's $8.2B Loss
01:50 - Coinbase Q2 Earnings
02:44 - Kalshi Legal Battle
03:19 - Circle Trust Charter
03:53 - Coldcard Exploit Headline
04:43 - Market Structure Bill
05:59 - Freddie New Joins
07:05 - Exploit Explained
14:02 - Self-Custody Best Practices
19:00 - Hardware Wallet Industry Impact
26:02 - Phishing Warning & Wrap-Up

Guest links:
Freddie New - https://x.com/freddienew
B HODL - https://x.com/bitcoinhodlco

Host links:
Gareth Jenkinson - https://x.com/gazza_jenks
The Block - https://x.com/TheBlockCo
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© 2026 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.