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← ArchiveDaily BriefingGenerated 06:00 UTC

Monday, 26 October 2026 · No. 207

CoinDesk confirms wallet bug drained user funds on speed-up attempts

Lead story · bitcoin — Bitcoin wallet bug let rogue servers steal funds when users tried to speed up payments (CoinDesk)

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The Lead

A wallet bug that let rogue servers drain funds during rushed payments has now been confirmed as operational reality, not theory. Holders who assumed self-custody meant control just lost some of that margin.

The contradiction sits in the network's steady hashrate above 1,000 EH/s alongside thin exchange inflows and neutral sentiment: security metrics keep rising while price discovery stays flat at $80,000 with no conviction bid. The open question is whether repeated custody failures will force measurable shifts in how large holders actually store coins, or whether the market simply prices the risk as another cost of doing business.

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The five legs behind today's conviction score of 61.
The five legs behind today's conviction score of 61.
Network and Macro are 51 points apart — the composite is averaging away a real disagreement.

Repeated small thefts may quietly raise the bar for what counts as safe custody.

Monday · The price of money

The 10-year real yield is 2.64%.

Holding cash beats holding nothing again: money has a positive real return, which is the environment every long-duration asset has to argue against. Bitcoin has spent 24% of its life in the opposite regime.

10Y REAL YIELD
2.64%
DAYS NEGATIVE
1,397
SHARE OF HISTORY
23.5%
SINCE
2010-07-18

Data as of 2026-10-22 · Real Yields → · Free with an account

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  • The Rate Machine

    Vienna School · Background to Real Yields

    Setting rates is herding, not dialling

  • Time Preference

    Vienna School · Background to Real Yields

    Capital, interest, and the structure of production

The Wire

Sources (19)

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