🎙 Bitcoin Fortress Podcast — Episode 227 The Bear Market Exposes Everything

Date: August 2, 2026
Block Height: 960749
Moscow Time: 1584
Fees: 1 / 3 /3

In this episode:

In this episode, we examine how the bear market is exposing weak security assumptions, fragile business models, and hidden leverage across the Bitcoin ecosystem. We cover the Coldcard vulnerability, Strategy’s evolving capital structure and preferred securities, Coinbase’s continuing losses, ETF flows, miner capitulation, the AI pivot, the Federal Reserve, the growing federal debt burden, the CLARITY Act, and the end of BitMEX. We also review the week’s major Bitcoin podcast themes, feature “Building Instead of Extracting,” and discuss all four Bitcoin Fortress books, including the newly released The Architecture of Money.

Bitcoin Fortress YouTube Channel:

https://www.youtube.com/channel/UCEPGN1YCIQcMxkUig5GaNrQ

Bitcoin Fortress Substack Featured Post:

Building Instead of Extracting - A Bitcoin Way of Life - Week 11
https://bitcoinfortress.substack.com/p/a-bitcoin-way-of-life-week-11

Bitcoin Fortress Books:

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NEWS (July 26, 2026 – August 2, 2026)

Security & Self Custody

Coldcard vulnerability expands into major bitcoin theft
https://www.coindesk.com/tech/2026/08/02/bitcoin-cold-wallet-attack-spreads-to-4-500-addresses-as-losses-near-usd89-million

Initial report on the coordinated attack
https://www.coindesk.com/tech/2026/07/31/major-bitcoin-wallet-flaw-drains-594-btc-in-25-minute-sweep

Strategy / Bitcoin Treasury Companies