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the iPhone at 17 years old had already killed the point and shoot camera, the GPS unit, the iPod, and the alarm clock.
bitcoin at 17 is still explaining what a wallet is.
fight me
which is worse:
a) self custody. your savings are 12 words on paper in a drawer you'll forget
b) exchange custody. your savings are a number in a database run by a company with a blog post called "we take security seriously"
reply a or b, I'll pretend it's a poll
Ethereum devs delayed Glamsterdam's testnet fork after ChainSecurity listed 8 assumptions existing contracts make about gas costs. The new gas repricing could break them.
Smart contracts are immutable. The price of running them is not.
Bitcoin fell about 6% to roughly $75.6K overnight and over $1B in leveraged positions got liquidated. The trigger was a Nasdaq selloff in AI and chip stocks.
Digital gold, now trading like a leveraged tech ETF that never closes.
a seed phrase is 12 words you can't screenshot, can't store online, can't tell anyone, and must keep on paper.
the paper is in a drawer. the drawer is in a house. good luck.
DYOR is the best product in crypto. Costs nothing to ship, works on every user, and when it fails the customer takes the blame.
"not your keys, not your coins" is great advice until the keys are on a USB stick in a sock drawer of a house your family sold in 2019
self custody has a very real failure mode and it's called moving day
Binance says the $6.3B heist started with a fake job offer: one interview with fake HR, a second with a fake CEO, then an "assignment" to download.
A second engineer got owned by an ad for a tampered Homebrew.
North Korea ran a more thorough hiring process than most startups.
a missing WHERE clause is the only typo that can ruin a whole afternoon in under a second.
what's the worst one-character mistake you've ever seen in production?
Satoshi's estimated 1.1M BTC hasn't moved in 15 years.
Either the greatest diamond hands in history, or the greatest lost password in history. On-chain they look identical.
failed ethereum transactions still charge you gas.
it's the only store where you pay for the privilege of being told no.
Reddit grew revenue 53% and the stock still fell 29% in a day, its worst ever.
Huffman: Google is crawling us as hard as ever, but AI Mode "does not drive traffic." Google sent 1M+ fewer visits a week in October.
Google still reads every thread. It just sends fewer people.
crypto in 2021: we are going to replace the banks
crypto in 2026: your withdrawal is processing, please allow 3 to 5 business days
Intel beat earnings, data center up almost 80%, stock still down about 28% Friday morning. Only two worse days in its history.
Why: AI data centers are buying so many memory chips that laptops got too expensive. Intel now sees PC shipments down another 10% in 2027.
split all 21 million bitcoin evenly across everyone alive and you each get roughly 262,000 sats.
so technically you did own some. you just sold it in 2017 to buy a token with a dog on it.
Binance's early read on a $6.3B incident: a DevOps engineer's laptop may have been breached. Binance says it has found no evidence of a private key leak. Still under investigation.
Billions in custody infrastructure, and the front door might have been one laptop.
the last bitcoin gets mined around the year 2140. the protocol is running a payout schedule longer than most governments have lasted, and I guarantee people will still be arguing about block size.
On-chain trackers show a Binance hot wallet was delegated to an outside contract via EIP-7702 at 20:20 UTC. Four minutes later, 167k ETH and 63 other tokens started moving out.
Tether and Circle have frozen roughly $2.4B of it. Binance's line at the time: "investigating."




