🍒Web3 & DeFi educator • Ambassador @midnightbreezey and @bullgirlfriends • Venture Capitalist via @daomaker • Contributor to @helium network with @linxdot 🎈
Web3
Joined May 2012
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Markxy.eth 🎈🦇🔊 retweeted
Expanding on why I believe "ETH as store of value (SoV)" makes much more sense to focus on than "ETH as fee-burning token".
Three primary reasons:
1. ETH as fee-burning token never was as strong as it seemed
2. Optimizing for ETH as fee-burning token would demand Ethereum and ETH function in ways that are very hard to make compatible with decentralization and capture resistance.
3. Meanwhile, optimizing for ETH as SoV is aligned with Ethereum focusing on its unique strengths (decentralization and CROPS)
EIP-1559 (including its burn) is fine and good, we should keep them. But we should not feel sad if fee burn is < 10% of breakeven indefinitely; the value of ETH comes from elsewhere.
The core idea: the big thing that people appreciate about Ethereum is decentralization and CROPS. The main pragmatic benefit that these things translate into is stability. SoV is the category where that is not an unneeded extra we merely put effort into for ideological reasons, but rather a pragmatic strength from the perspective of people putting in their assets. And in the era of AI disruption, stability will be highly valued.
Markxy.eth 🎈🦇🔊 retweeted
One of the best views in the world, Hong Kong Victoria Peak.
Change my mind.
Markxy.eth 🎈🦇🔊 retweeted
"I've finally made up my mind, ETH is a store of value, ETH is money." - Vitalik Buterin
And ETH is the only SoV that will pay a native yield that won't be inflated away
He’s right, and everything he has fought to protect about Ethereum (the network) is what has led to ETH (the asset & app on the Ethereum network that inherits the most of its properties), to become an actually legitimate SOV.
Ty @VitalikButerin
Be careful guys!
iOS
iPhone
INTEL: $4.06M DRAINED FROM IPHONES WITH ONE SAFARI CLICK
DarkSword is an iOS exploit kit Google, Lookout and iVerify tracked in the wild. On iOS 18.4–18.7, opening a malicious site in Safari is enough. No wallet connect. No signature. No approval.
What it steals from the phone:
> Keychain credentials
> Notes and Photos (seed screenshots)
> Crypto wallet files and private keys
Bitquery then followed the money on-chain (5 Oct – 4 Nov UTC):
> At least $4.06M USDT from 365 TRON wallets
> 43 collector wallets tied to one fee wallet
>+$103K from 65 wallets on 8 other chains
> One theft matches a published iPhone victim to the second
SlowMist also mapped 1,500+ related phishing domains. This is not a Trust Wallet bug - it's the phone.
Do this now:
1. Update iOS (18.7.7+ or iOS 26.3+)
2. Never store seeds in Photos, screenshots or Notes
3. If an unknown wallet just sent you a few TRX/ETH for "fees," move funds to a fresh wallet on a clean device
