A crushing hack shows whether you keep your money depends on how you store it

Jonathan Goodman’s mnemonic words were written down and stored in safes and safety-deposit boxes. The device that generated them had never touched the internet. The cable was never plugged in, the QR code never scanned by anything connected to the wider world. Every visible precaution was observed with great care. Then, on the evening of July 29, 2026, the Canadian investor watched 18.25 Bitcoin leave his wallet over seven minutes. The sum was worth roughly 1.6 million Canadian dollars. He thought he had done everything right, but the money was now gone.

Goodman, like others, had put his trust in Coldcard, a hardware wallet for cryptocurrency. The natural instinct, when confronted with a theft like the Coldcard hack that hit him and many others, is