Uploaded August 2026 | Updated September 2026, 2 weeks ago
π’ Bits + Bips has its own channel now β full episodes here: youtube.com/@Bitsandbips
Austin Campbell runs through the strongest legal objections to Trumpβs privateering memo, from claims it violates international law on piracy to warnings that private hackers could be treated as non-uniformed combatants.
The segment ends with a pointed question: if privateering is where critics draw the line, why did nobody blink at Iraq, Afghanistan, or Iran?
Hosts:
π Austin Campbell - Host of Bits + Bips, Founder of Zero Knowledge Group, and Adjunct Professor at NYU Stern - https://x.com/austincampbell
π Chris Perkins - Co-host of Bits + Bips and Head of Franklin Crypto - https://x.com/perkinscr97
This clip is from a longer conversation on Trump's executive order deputizing private firms to hack foreign cybercriminals. Full episode here: youtu.be/FxQCMAJ9GBU?si=tVqmGwizLzv2BAk6
We go live every Monday - subscribe to catch it live.
Sponsor
π Visit 1inch to swap tokenized securities, crypto and more. Simple. Secure. Self-custodial. Whatever asset youβre buying - swap it at
unchainedcrypto.com/go/1inch-sn
Chapters:
βοΈ 00:20 Paul Rosenzweig's claim: privateering violates international law on piracy
π° 01:39 Chris on why no better solution exists: cost, talent, and scale
π― 03:14 Erica Lonergan and Michael Garcia: the slippery slope and attribution risk
π 05:31 Does this go beyond crypto? The pig butchering scam question
πͺ 07:21 Jake Williams: are American privateers non-uniformed combatants?
ποΈ 09:47 Isn't privateering a congressional power, not a presidential one?
π₯ 12:05 Why Austin says critics need to propose a better solution first
_______________________________________________________
#bitcoin #ethereum #crypto #cryptocurrencies
_______________________________________________________
Subscribe to our channel!
Website β unchainedcrypto.com
Unchained Daily Newsletter (FREE!)β unchainedcrypto.beehiiv.com/subscribe
Unchained X β https://x.com/unchained_pod
Apple β podcasts.apple.com/us/podcast/id1123922160?ls=1
Spotify β open.spotify.com/show/1cJrrfGY1SKBIRn5noKSAf?si=6SI4qIcRTEO7EhOe0V9n4w
RSS Feed β https://feeds.megaphone.fm/LSHML4761942757
Unchained: Your no-hype resource for all things crypto!
π’ Bits + Bips has its own channel now β full episodes here: youtube.com/@Bitsandbips
Austin Campbell runs through the strongest legal objections to Trumpβs privateering memo, from claims it violates international law on piracy to warnings that private hackers could be treated as non-uniformed combatants.
The segment ends with a pointed question: if privateering is where critics draw the line, why did nobody blink at Iraq, Afghanistan, or Iran?
Hosts:
π Austin Campbell - Host of Bits + Bips, Founder of Zero Knowledge Group, and Adjunct Professor at NYU Stern - https://x.com/austincampbell
π Chris Perkins - Co-host of Bits + Bips and Head of Franklin Crypto - https://x.com/perkinscr97
This clip is from a longer conversation on Trump's executive order deputizing private firms to hack foreign cybercriminals. Full episode here: youtu.be/FxQCMAJ9GBU?si=tVqmGwizLzv2BAk6
We go live every Monday - subscribe to catch it live.
Sponsor
π Visit 1inch to swap tokenized securities, crypto and more. Simple. Secure. Self-custodial. Whatever asset youβre buying - swap it at
unchainedcrypto.com/go/1inch-sn
Chapters:
βοΈ 00:20 Paul Rosenzweig's claim: privateering violates international law on piracy
π° 01:39 Chris on why no better solution exists: cost, talent, and scale
π― 03:14 Erica Lonergan and Michael Garcia: the slippery slope and attribution risk
π 05:31 Does this go beyond crypto? The pig butchering scam question
πͺ 07:21 Jake Williams: are American privateers non-uniformed combatants?
ποΈ 09:47 Isn't privateering a congressional power, not a presidential one?
π₯ 12:05 Why Austin says critics need to propose a better solution first
_______________________________________________________
#bitcoin #ethereum #crypto #cryptocurrencies
_______________________________________________________
Subscribe to our channel!
Website β unchainedcrypto.com
Unchained Daily Newsletter (FREE!)β unchainedcrypto.beehiiv.com/subscribe
Unchained X β https://x.com/unchained_pod
Apple β podcasts.apple.com/us/podcast/id1123922160?ls=1
Spotify β open.spotify.com/show/1cJrrfGY1SKBIRn5noKSAf?si=6SI4qIcRTEO7EhOe0V9n4w
RSS Feed β https://feeds.megaphone.fm/LSHML4761942757
Unchained: Your no-hype resource for all things crypto!







![Why Coldcards 5-Year-Old Bug Let Hackers Take Over $100M in Bitcoin: Uneasy Money
A hardware wallets 5-year-old randomness bug just let hackers drain over $100 million in Bitcoin. How many more waves are coming? Plus, Ethereums fight over cutting ETH issuance.
π₯ EPISODE LINK π₯
https://unchainedcrypto.com/inside-the-coldcard-hack-that-drained-over-100-million-in-bitcoin-uneasy-money/
Thank you to our sponsors!
π Cape: Your biggest crypto vulnerability isnt your wallet, its your phone number. Cape is Americas privacy-first mobile carrier that rotates your SIM identity daily and blocks SIM swaps before they happen. Get 33% off your first six months at https://cape.co/unchained (use code: UNCHAINED).
A firmware randomness bug buried in Coldcards code since 2021 surfaced last week and has already drained over $100 million, an estimated 1,600 to 1,800 Bitcoin, across four attacker waves. Taylor Monahan makes the case that the culprit is not North Korea but professional GPU crackers, and explains why the dice-rolling ritual many early victims trusted still left them exposed.
Sonya Kim, co-founder of 3F Labs, and Mike Silagadze, founder and CEO of EtherFi, debate where DeFis responsibility ends after trade[xyz]s SK Hynix perp swung from $1,128 to $917 on a thin premarket print, then turn to Ethereums own monetary policy fight.
That fight centers on EIP-8361, a proposal to cut ETH issuance that opened with only 48 hours for public comment, reviving the minimum viable issuance debate Sonya once worked through at Steakhouse. Silagadze calls cutting issuance economically unsound and warns it could push billions of dollars of ETH out of staking, while Kain Warwick argues the resulting chaos is good for an Ethereum governance culture that had grown too quiet. The conversation covers Coldcards entropy failure, the dice rolls that did not save early victims, trade[xyz]s oracle mispricing, and Ethereums issuance fight.
Hosts:
βοΈ Kain Warwick - Host of Uneasy Money and Founder of Infinex and Synthetix - https://x.com/kaiynne
βοΈ Taylor Monahan - Co-host of Uneasy Money and Security Expert - https://x.com/tayvano_
Guest:
βοΈ Sonya Kim - Co-Founder of 3F Labs - https://x.com/sonyasunkim
βοΈ Mike Silagadze - Founder and CEO of EtherFi - https://x.com/MikeSilagadze
Timestamps:
π 01:17 Coldcards 5-year-old entropy bug resurfaces, over $100M in BTC stolen
π΅οΈ 10:26 Taylor argues its not North Korea: this hack needs compute, not scams
π² 21:00 The dice roll debate: why 50 rolls barely saves your seed phrase
π± 27:14 Cape: Get 33% off your first six months with code unchained at https://cape.co/unchained
π 27:39 SK Hynix oracle glitch on trade[xyz] reignites the platform-responsibility fight
π 42:24 Aave retreats from multichain sprawl as EIP-8361 issuance fight erupts
π§ 51:26 Mike on why cutting ETH issuance would push billions of dollars of ETH out of staking
π₯ 53:05 Sonyas fix: burn fees for the same effect without cutting issuance
π 01:05:20 Kains take: fragmenting the EF into chaos is actually healthy for ETH
#bitcoin #ethereum #crypto #cryptocurrencies
Subscribe to our channel!
CHECK OUT THE CRYPTOPIANS β https://www.youtube.com/watch?v=DFzunCFXrv4 WEBSITE β https://unchainedcrypto.com
UNCHAINED DAILY NEWSLETTER β https://unchainedcrypto.beehiiv.com/subscribe/ LAURAS TWITTER β https://x.com/laurashin
UNCHAINED TWITTER β https://x.com/unchained_pod
FACEBOOK β https://www.facebook.com/unchainedwithlaurashin
INSTAGRAM β https://www.instagram.com/laurashin/?hl=en
LINKEDIN β https://www.linkedin.com/in/laurashin/
MERCHANDISE β https://unchainedpodcast.company.site/
++++++++++++++++++++++++++++++++++++++++++++++++
NEW EPISODES OF UNCHAINED EVERY TUESDAY AND FRIDAY!
ALONG WITH BITS & BIPS AND THE CHOPPING BLOCK
Apple β https://podcasts.apple.com/us/podcast/id1123922160?ls=1
Spotify β https://open.spotify.com/show/1cJrrfGY1SKBIRn5noKSAf?si=6SI4qIcRTEO7EhOe0V9n4w
RSS Feed β https://feeds.megaphone.fm/LSHML4761942757
YOUR NO-HYPE RESOURCE FOR ALL THINGS CRYPTO! Why Coldcards 5-Year-Old Bug Let Hackers Take Over $100M in Bitcoin: Uneasy Money](https://i.ytimg.com/vi/cD-_G0Jvf_E/mqdefault.jpg)


