📽️ WATCH: Estate Protocol CEO Parv Prabhakar says tokenizing only 10% of the U.S. real estate unlocks $7 trillion in liquidity. Interview by Jackson H. @EstateProtocol

if i hear one more time “where are you based?”, i might loose it

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.

In case you missed it, monkeys are now a bottleneck. Large contract research organizations — including WuXi AppTec, Pharmaron Beijing, and Joinn Laboratories — run their own breeding farms specifically to guarantee access for themselves and their clients. Joinn Laboratories issued a profit alert in July, flagging up to 13-fold jump in net profit for the first half of the year — driven largely by the rising market value of "biological assets" - their monkeys.

Hi, thats us

If you’re younger than 45, this is the first time in your life that you’re experiencing a real rising interest rate environment. The last time this happened was 1960 - 1980. This fundamentally changes the physics of the game in a way many won’t be prepared for.

HERO PILOT, Captain Smit Machchar, stabbed mid-flight on flydubai FZ1073, reportedly FOUGHT OFF the co-pilot and helped save 174 people. One year ago he talked about how people often don't treat the cabin crew properly. "When things are going wrong, you need them." WATCH:

🚨 LATEST: SEC Commissioner Hester Peirce says zero-knowledge proofs could verify compliance without collecting users’ personal data. She warns current KYC/AML practices create “data haystacks.”

狙っていたトランプ大統領の車列（国連ビル入り）を激写できて感無量です。

Pending the details, the conditions for how a Tokenized Securities Venue will work are great (below, from Chair Atkins statement, you can read here sec.gov/newsroom/speeches-st…): - Sanctions Compliance: A TSV must be a U.S. person and comply with economic and trade sanctions programs administered and enforced by the Office of Foreign Assets Control. - Permissioned Access: A TSV must set standards of access to allow only certain participants to trade tokenized NMS stock on the TSV. - No Synthetics: TSVs can trade tokenized NMS stocks that are tokenized by, or on behalf of, the issuer of the underlying NMS stock or a security tokenized by a third party that is unaffiliated with the issuer of the underlying NMS stock. Such tokenized NMS stock must provide holders with the same rights and privileges as the traditional securities, including rights to receive dividends and exercise voting rights. - Issuers Can Object: Issuers must have the opportunity to object and prevent their security from trading on a TSV.

EXCLUSIVE: Chinese Institutions Are Building AI Models Of American Voters—And Testing Political Messages On Them. Fudan used 171 MILLION X posts to create a million-account “voter pool.” A government-linked team tested a campaign message on synthetic Pennsylvania voters. 🧵

Reporter on Bond Market: The yields have come back up since then. Have you talked to Bessent about another type of intervention.? Trump: The ultimate intervention is our military. And if we have to use that, we will.