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David Schwartz weighs in on $100M Coldcard hack

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FOMOGRAM Editorial Desk
Aug 4, 2026
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David Schwartz weighs in on $100M Coldcard hack
EXECUTIVE SUMMARY

David Schwartz discusses the Coldcard hack, comparing it to failures in traditional finance and highlighting the risks of custody failures. The incident underscores vulnerabilities in hardware wallets.

David Schwartz discusses the Coldcard hack, comparing it to failures in traditional finance and highlighting the risks of custody failures. The incident underscores vulnerabilities in hardware wallets.

FOMOGRAM SENTINEL GRAVITY TELEMETRY

The Coldcard hack raises concerns about custody risks in crypto, potentially leading to decreased confidence in self-custody solutions.

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