CEO @movement_xyz Move is for Money. 🇺🇸🇦🇫

Khane Nanet
Joined August 2018
Since Movement seems to have your attention, here’s some of the progress we have made over the last few months: ✅ Secured licensed payment rails to move Money from the US, Europe, and Canada ✅ @HesabPay_ chose to build their Neobank for the global south exclusively on Movement ✅ @near_intents integration live, bringing liquidity across different chains to users ✅ @dfnsHQ integration live, bringing a full stack core banking digital asset platform to our partners ✅ USDCx @circle integrations live on @MEXC , @kucoincom and @BitMartExchange ✅ Movement joined the Circle Alliance Program ✅ @zothdotio integrating to bring yield infrastructure via zVaults and Global Cross Border payments via zPayments ✅ @meshpay integration live to allow seamless flow of stables and other assets from CEX to wallet ✅ Investment announcement in @sortedwallet and @stableyardfi ✅ Launched our own native wallet @motion_wallet ✅ $MOVE token listed on @fasset exchange ✅ Acquisition of @canopyxyz to bring yield infrastructure to Movement users We are building the rails that bring digital assets in reach of fintechs and banks in emerging markets, and the users they serve. More news to follow, just make sure you get your news directly from the source. Gmove.
Hesab selected Movement as its exclusive stablecoin settlement layer for cross-border flows. $160M in monthly volume. 1 million+ transactions per month. The corridors they serve run on informal cash networks with 2-5 day settlement and capital sitting idle in pre-funded float. Movement provides access to licensed rails across the US, Canada, and the EU. Same remittance, cleared in real-time.
52
48
11
159
25,221
Every serious tech team is losing sleep and finding grey hairs with the incredible progress of frontier models. There is no choice but to be as paranoid as possible. The game and the pieces on the board have changed in a way that most don’t realize, by orders of magnitude. Head on a swivel.
We decoded the @initia exploit. One signed tx at 14:59:26 UTC minted 2,000,000 AUSD out of nothing. 153 seconds later a valid @LayerZero_Core message released 1.4M real AUSD from the Ethereum adapter. $2.65M was back on Ethereum within 7m21s of the mint. Three exits, all into 0xDD92…edFA: AUSD: 1.4M from the AUSD OFT adapter, 71% of its balance, 576K left. ETH: 105 from the native-ETH OFT adapter, 96% of its balance, 4.84 left. USDC: 1.08M as fresh mints from 0x0, via Circle's CCTP. The mint was the attacker's own key calling one Move function, 135,888 gas, no bridge message involved. The token is an argument (recipient, token, amount), consistent with one wallet printing AUSD, USDC and ETH. LayerZero's DVNs then attested to burns that really happened, and an OFT adapter cannot check whether burned tokens were ever backed: each Ethereum lockbox pays at par for any Initia-side mint bug. Prep started 6.5 hours before the mint: 0.1 ETH from Tornado at 08:27 UTC, dust sends through @axelar AxelarHandler from 13:14, and a 0.006 ETH deposit at 14:37 into the same ETH adapter it emptied 29 minutes later. Every stable was ETH within 3 minutes of landing via 1inch and 0x, AUSD in 84 seconds. All 1,135.52 ETH (~$2.73M) now sits in a fresh wallet, 0x358e…CAC8. Same shape as Liquid on 6 Sep, where an Elements bug created 4,000 L-BTC and a valid peg-out paid 3,996 real BTC. Initia's DEX holds $3.50M of TVL and did $334K of volume in 24h. Its bridges carried 8x that for one wallet in 7m21s: on Initia, the deepest pool was the bridge.
4
1
13
1,920
to the best of our knowledge so far, this is a Day 0 bug related to Initia's MoveVM on CosmosSDK that allowed the exploiter to mint additional tokens on the Initia L1 but does not apply to native INIT tokens. the attacker was able to mint and bridge out ~$2.7m worth of AUSD, ETH, and USDC before the chain was paused.
As of Oct 23, 2026, 3:41:30 PM UTC, the Initia L1 and Rollups have been halted due to a security incident. Our team is actively investigating the situation and working to establish the full scope of any impact with security teams, validators, and exchanges. We will share verified information through our official channels as it becomes available. Please remain cautious of unofficial links, messages, or claims circulating during this time.
33
21
6
167
25,911
PSA: in light of recent cyberattacks and vulnerabilities, I recommend everyone: * use a good password manager (1Password) and do not duplicate passwords * use two factor auth for everything important (not via sms!! Google Authenticator or better yet YubiKey) * Auto-updates on, and restart weekly so they actually install * Freeze your credit * Get an IRS Identity Protection PIN * Get your cell carrier to give you a port-out PIN or number lock that makes the carrier refuse to move your number without the PIN You can ask your claude code to audit what on your laptop is out of date and needs updating.
83
337
42
4,092
742,302
Torab retweeted
Replying to @MarathonFusion
they cant turn mercury into bitcoins boys
177
338
69
3,471
101,675
JUST IN: 🇺🇸 President Trump to announce crackdown on crypto scams targeting Americans.
12
56
2
766
15,275
Torab retweeted
The wallet wars are here. Very Good Security chief strategy officer Terry Angelos joins a16z's Alex Rampell, his TrialPay co-founder from back in 2006 (TrialPay was later acquired by Visa), to discuss how agents are learning to spend money. "Agents have all of a sudden become significantly more helpful and useful because they effectively have arms and legs, which are payment credentials." VGS holds the payment credentials behind about 1/3 of all e-commerce, and now it's helping AI agents pay merchants. If you've bought anything online, there's a good chance VGS has already helped keep your card safe. In the last three months, Terry says agents went from "spectators to actors." Once an agent has your payment credentials, it can book the piano teacher it previously could only find and recommend. Now Stripe's Link, Shopify's Shop Pay, and PayPal are racing to connect to agents. It's all headed toward open standards from the card networks: agentic tokens that let an agent pay with your actual card. VGS went from zero agentic tokens to a few million a week in three months. 0:55 From TrialPay to Visa to VGS 2:05 How VGS vaults 1/3 of e-commerce 6:05 Why big merchants use 3-5 processors 9:55 Why AI agents need a payment vault 12:15 Agents go from "spectators to actors" 13:40 The wallet wars, old and new 19:55 Walled gardens vs open standards 23:55 How agents can pay with your real card 26:40 Your saved card goes multiplayer 29:40 How do you trust an agent's purchase? 32:35 Who pays when your agent gets it wrong 35:40 Why Amazon blocks agents 39:50 What's overhyped and underhyped 43:35 When merchants get agents too 45:40 Why agents could break card rewards 47:00 VGS's eras: vault, updates, network @terryangelos @arampell
Wallet Wars: Agents need payment credentials as they become the new UX for $7T in ecommerce. Enter the Wallet Wars and why the AOL-era of agentic commerce will give way to open standards.
24
12
14
179
57,952
Robben is one of my Top 5 favorite footballers. In no particular order 1. Robben The Cut Man 2. Van Persie 3. Carlos Tevez 4. Ozil 5. Puyol Can’t rate players I didn’t watch. Messi and Ronaldo transcend all lists.
Arjen Robben - Goal Catalogue
6
4
978
alright so I tried to figure out why things are blowing up simple summary: it's geopolitics. and if the Middle East gets bad enough, then the backers for OpenAI's $1.4T funding round could pull out so that's sending shockwaves through markets bc they're the big data center tenant ppl are worried about. the incremental appears to be that Ukraine is also getting unhinged there's not an AI specific catalyst this seems more like geopolitics. Last night TSM guided acceleration and Citi pressed if there was demand destruction on memory - TSM said no, that's already factored into the guide which means there's not some specific Korea fundamental thing -- and price action there is likely more of a margin call Ukraine bonds have dumped 20% since July. He just asked for $70b Euros from the EU while Trump denied shutting off Starlink (Elon had said it wasn't him, so it just looks like a sht show). Trump told Zelensky to stop attacking Russian refineries. Zelensky has since crashed out and said "The block is out, we're done". And is now vowing to hit Russian refineries. And it appears he's already followed through hitting a facility in Surgut with drones Indonesia got delisted from the MSCI and the entire country equity index is -14% in a day, increasing the likelihood of EM contagion Iran has moved their nuclear facilities under ground in PickAxe mountain and trump has talked about using the "MOAB" which stands for Massive Ordnance Air Blast - which is just shy of a nuclear blast. THis is a 21,600 pound bomb that isn't even particularly effective at hitting underground sites so might just be generically destructive. For some reason Trump thinks that doing this after mid terms is fine - but oil is already pumping reports from Israel meanwhile: Israel now deploying mobile bomb shelters in major cities, with 2 reportedly spotted in Ashdod and Tel Aviv within 24hs, as IDF raises its alert level to highest across all fronts amid preparations for a possible strike on Iran fun times
97
83
23
1,720
163,034
Bollywood did it first
Turns out the future does have flying cars
8
22
1,250
Torab retweeted
Self custody is not “the entire point” of crypto. The entire point of crypto is transferring money from a16z lps to former dropshippers
41
53
4
1,098
44,590
No one went to prison. No home confinement. No DPAs. No one was even charged. Water under the bridge. Onwards!
🇺🇸 BREAKING: Bank of America has been fined $1.2 BILLION by the US government. The bank failed to flag over $5 BILLION in suspicious transactions, the Treasury says. The missed transactions were linked to suspected Chinese money laundering networks and illicit finance around the southern US border. The Treasury called the bank’s money laundering and sanctions failures “egregious and continued.” The penalty includes a $750 MILLION fine from the Office of the Comptroller of the Currency, per the FT.
1,170
2,334
160
16,449
969,571
I have been banging the drum about companies fine-tuning their own models and now Coinbase is saying they are doing it themselves. Faster, cheaper, better than the frontier models. This is exactly how @cfosilvia reached outperformance in important personal finance topics.
We were able to fine tune an open weight model (Qwen3.5-9B) on proprietary internal data at @coinbase, and it out performed frontier models, at much lower cost and speed, for a specialized task (fraud prevention in this case). I think we'll see more of this pattern inside companies. The frontier models are amazing generalists. But increasingly you'll see specialist models out perform on more narrow tasks, either working on teams, or by themselves. We're making it easy to fine tune models internally for our employees. We even have a skill for it in our internal harness that makes it easy to spin these up and start training them: "/fine-tune-and-serve-llm I want to fine-tune Qwen for payments risk review. help me get started" I imagine we'll have some backend services that could be replaced entirely by this new architecture.
67
40
2
330
63,032
Somewhere Foucault is nodding with gritted teeth
I am getting lots of incoming questions about the public execution of Nidal Hasan, mostly because I have been outspoken on wanting public executions for over a decade. My position is simple: Executions should be public and brutal, not private and medicalized. They are the ultimate example of the state's monopoly on violence, and the only way to keep that from running out of control is to confront voters with the trade they have made every single time, that they might have appropiate confidence or revulsion in the institution. This is not new thinking. George Washington thought the same. The way we have shifted from hanging to firing squads to doctors quietly injecting chemicals that send our worst gently off to sleep is awful and dystopian, a total short-circuiting of important feedback mechanisms. It makes needless executions more likely, not less so. People who demean this as barbaric or yucky miss the whole point. It doesn't somehow become torture or inhumane (as the UN is suddenly claiming) just because we decline to hide the act behind a curtain. And then there are those who suggest any revel in the death of those who truly deserve it is an indicator of a broken or diseased mind. To the contrary. It is normal, good, and aligned with our natural and national order. That it has not been done here in 60 years is an indictment in and of itself. And that is without even getting into the fact that men were not hung for stealing horse, but that horses may not be stolen. "I would to God that one of the most attrocious in each State was hung in Gibbets, up on a gallows five times as high as the one prepared by Haman. No punishment, in my opinion, is too great for the Man, who can build his greatness upon his Country’s ruin." - George Washington, 1778
1
4
1,055
How Marowak moving at safety
Me and the boys came up with the All 22 of Pokemon from original 150 (no legendaries) I think we nailed it
43
612
20
8,789
221,017
Torab retweeted
I think the takeaway from the Ledger incident is that if you have any amount of crypto, it should never be secured by a single tech stack. My recommendation is setup a 2/3 multisig. It’s easy and free on Gnosis or Squads. Have the three signers be three different wallets from different vendors. Say you have Ledger, Trezor and a mobile iOS wallet like Phantom. For someone to pwn you, they’d need to compromise two different stacks in a very short period. If something like the Ledger exploit happens to your wallet, you can simply rotate that signer off the multisig. Would also keep a small amount of canary money (maybe $100) in the wallets themselves. This will give you an early warning if that signer is compromised. This is fast and easy, and in the current high risk environment there’s no reason not to do this today.
40
35
7
384
33,263
I wasn’t going to comment since this is a really bad take IMO, but since it’s taken off I feel the need to. To my understanding, there is no evidence whatsoever pointing to a break of decades old hardness assumptions like elliptic curve cryptography. 1/n
Today I call upon the blockchain industry to calmly begin planning for "bunker mode". My personal recommendation is to set in motion a controlled mass migration of assets to fresh addresses, i.e. addresses whose pubkeys remain hidden behind a hash. Holders, starting with large and sophisticated ones, should consider moving the bulk of their funds to addresses that have never signed a transaction. And when they do sign one, they should also move remaining funds to a new address (possibly generated from the same seed phrase). Don't rush. While I believe there is cause for action a rushed migration would do more harm than good. Don't panic either. Moving assets to protected addresses is a simple, preventative step which does not require new cryptography or new wallets. IMO it is now reasonable to brace for the possibility that ECDSA breaks before qday, in the worst case in months not years. By "break" I mean fast private key recovery (e.g. in one week) on available hardware (e.g. a large GPU cluster). Recent days have been humbling for human mathematical intuition. Long-held, unquestioned hypotheses have fallen. This includes the n log(n) bound for integer multiplication and the 3SUM conjecture. In hindsight, May's unexpected disproof of the Erdős unit distance conjecture was our warning shot. Yesterday's OpenAI drop made it clear that mathematical superintelligence is upon us. They say there are weeks where decades happen. We are about to live through weeks where centuries of mathematical progress happen. Could our magic 64-byte ECDSA signatures be too good to be true? Was it just security through obscurity all this time? Elliptic curves feel especially vulnerable to superintelligence. Curves carry rich structure, with room for fancy tricks like Schoof, Frobenius, pairings. (By contrast, hashes are designed to minimise algebraic structure.) Separately, as Ewin Tang can attest, an efficient quantum algorithm sometimes foreshadows an efficient classical one. We should be open to the possibility of a classical counterpart to Shor that breaks elliptic curves and RSA at once. Also noteworthy is the striking under-representation of cryptographic breakthroughs among the 722 mathematical results OpenAI published. I've witnessed first-hand the US government censoring academic quantum cryptanalysis results. Backroom interventionism is my base case. I urge large, sophisticated actors to lead by example. Project11's "risq list" (bitcoin-risq-list.projecteleven[.]com) is a great tracker of exposed BTC pubkeys. Binance, Bitbank, Robinhood, Bitfinex, and Tether have an opportunity to harden their cold storage. Next month I'll address institutions in London in a live Q&A (forum.ethereuminstitutional[.]org/london-2026). Again, please do not rush. Wallets holding under 50 BTC enjoy partial cover from "Satoshi's shield", i.e. his 20K exposed addresses that hold 50 BTC each. Load-bearing signers like oracles and L2 security councils should consider rotating ECDSA pubkeys with every signed message and/or multi-signing with a hash-based schemes like SPHINCS. Exiting bunker mode safely will require post-AI cryptography. My inclination is to go all-in on hash-based cryptography and avoid structured mathematical assumptions entirely, whether from curves, lattices, or isogenies. A single battle-tested hash (e.g. from the SHA or BLAKE families) yields plausible post-AI security. The Ethereum roadmap on strawmap[.]org fully embraces hash-based cryptography with end-to-end formal verification as a response to the quantum threat. Those timelines must now be revisited and accelerated in light of mathematical superintelligence. I'll be pushing for maximum defensive acceleration.
85
395
99
2,257
359,143
Everyone is dunking on Polygon but I wish they would gone full heel and embraced hatred instead of “it was just a joke guyzzzzz”
6
19
1,880
You say a hilarious joke American: “🤣🤣🤣🤣 I’m cryyyyyyyyin right now. I’m weaaakkkk lmaoooo” British: “good one”
2
9
1,193
Puyol and Van Dijk are my two GOATS I didn’t get to watch Maldini in his prime so I can’t comment.
2
2
920