In this Take episode, I break down the “Great Hackening” ripping through Bitcoin right now – from Coldcard’s catastrophic entropy bug to Liquid’s recent 4,000 BTC exploit, Lightning implementation issues, and a few major wallet update and data breaches.

I also explain how AI has completely flipped the economics of attack and defense, why Bitcoin is the canary in the digital coal mine, and what practical steps you must take to protect your stack. This episode is a roadmap for surviving and ultimately benefiting from this brutal security stress test.

Chapters

(00:00:00) - The Great Hackening begins

(00:00:54) - Coldcard RNG catastrophe

(00:04:50) - Liquid's 4,000 BTC hack

(00:10:18) - BitBox vulnerability disclosure

(00:13:32) - Core Lightning bugs

(00:18:31) - LND and Eclair disclosures

(00:20:06) - Sparrow Wallet security hardening

(00:21:13) - Trezor and Ledger data breaches

(00:25:03) - AI and new attack economics

(00:30:29) - Hardening Bitcoin and sovereignty

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Host Links

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⁠Bitcoin Audible on X⁠ (Link: https://twitter.com/BitcoinAudible)

The Guy Swann Network Broadcast Room on Keet (Link: https://tinyurl.com/3na6v839)

References from the episode

Liquid docs:

https://tinyurl.com/4344k3j9

https://tinyurl.com/yc88rx74

https://tinyurl.com/4cxy9z7t

Liquid Network Hack: https://tinyurl.com/464h9xdk

Liquid Network incident update: https://tinyurl.com/mw7r8ss6

BitBox 08.2026 Dixence: https://tinyurl.com/zma42ps9

LND vulnerability disclosures:

https://tinyurl.com/3j8m5vr5

https://tinyurl.com/248s2faa

Eclair v0.14.2: https://tinyurl.com/2j3vzme4

Sparrow v2.5.4: https://tinyurl.com/cpeh9w3k

Trezor shipping provider breach: https://tinyurl.com/39udu3nn

Ledger payment processor breach: https://tinyurl.com/27dntpu8