Bitcoin since 2009, back when Satoshi still posted. I explain how this market works, one mechanism at a time. Wallets, liquidations, custody. No price targets.

digital nomad
Money you need permission to use was never really yours. That idea got me into bitcoin:native early, and it has not let go of me since. Bitcoin is ordinary people taking their financial freedom back. Most people have just never been shown how it actually works. Showing them is the other half of this account. Wallets, chains, markets, one mechanism at a time, explained before they cost you. Learn how the thing works and nobody can sell you your own ignorance again. No price targets. No forecasts. If I post a number, it's a fact. Say something in the replies. I read all of them.
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Certifying lending protocols is the bit I keep rereading. Per The Defiant, the EBA wants the EU to examine stablecoin lending and DeFi gateways, with leverage caps and protocol certification among the options. Certified by whom, and against what?
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Any certificate would cover one version of the code, and an upgradeable proxy can swap that code out the next day.
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I don't find "no bitcoin stolen" as reassuring as it sounds, @bitgetglobal. Your update says the $388M was mostly $ETH, $TRX and USDT. A stolen funds tracker shows the attacker holding over $28.8M in $BTC anyway. Two lists. We should be reading both.
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$352M gone, and the North Korea angle is the least useful thing @bitgetglobal told us. Per Cointelegraph, the evidence is IPs matching one DPRK group's VPN choices. I want the number Chen skipped. Some funds recovered, no amount. Withdrawals still suspended.
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A record date is the day you must be on the books to get paid. Strategy wants one every calendar day on its US preferreds, pending a shareholder vote. $STRC first. Same 12.00% rate, same annual total, per the proposal. I like it. No more timing the calendar.
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Dividends on a Sunday. I had to read that twice. Strategy wants its four preferreds accruing every calendar day, holidays included, paid next business day. Same economics, per @saylor. The stated point is less reinvestment lag. Shareholders vote October 28.
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Old approvals are the bit I trust least. Per The Block, legacy @MagicEden approvals left $5.7M in NFTs exposed to an exploit. Whitehats got 23,155 tokens out first. An approval we signed years ago stays live until we revoke it. Checking mine tonight.
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The Shielded Bitcoin spec left out the part I care about most. Per Decrypt, it hides senders, receivers and amounts on $BTC transfers, and saves how coins get in and out for a later paper. That later paper is the one I want to read. Privacy tends to leak at the door.
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I've watched bridges get drained for years. Seeing the builder get sued is new. KelpDAO is suing LayerZero and co-founder Brian Pellegrino over the $292M rsETH exploit, 2026's largest so far per CoinDesk, alleging weaknesses they never disclosed.
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Late 2009, I wandered onto the $BTC forum while gaming. A few hundred people. Satoshi in the threads. Coins with no price, because nothing sold them. It looked like a hobby. For most, it was. The ones who stayed got what "no permission" meant.
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I'd made peace with sandwich bots skimming our trades. Called it the DEX tax. @aerodromefi's Slipstream V3 now auctions that MEV inside the AMM and routes it back to LPs and sAERO holders, per Crypto Briefing. Show me a month of data.
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I keep watching the big desks pull their collateral off the exchange. @bitgetglobal is now the fourth venue on Sygnum's Protect after @binance, Deribit and Bybit, per The Defiant. Funds sit segregated at a Swiss bank, mirrored back to trade. Trade there. Keep it elsewhere.
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I went through @coinbase's new fixed-rate $BTC loans expecting the usual danger, a price crash. It's the calendar. Coinbase says miss the due date and even healthy collateral becomes eligible for liquidation. And paying early doesn't cut the interest.
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We spent years saying crypto would replace the banks. HIFI closed a $37M Series A, led by Left Lane Capital per Crypto Briefing, building onchain repo and stablecoin rails that run through its banking partners. Two years old. Jersey City. Funny how that went.
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Nine days. That is how long $BTC took to prove the whole thesis, and I still grin every time we retell it! 11 January 2009, Hal Finney posts 'Running bitcoin'. On the 12th, Satoshi sends him the first transaction ever. Two people. No bank. Nobody asked.
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Most founders write a manifesto. Satoshi clipped a newspaper. Block zero, 3 Jan 2009, carries The Times headline: 'Chancellor on brink of second bailout for banks.' I learned that on the forum. $BTC was built against the bailout from day one.
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Leverage is a loan where the lender also keeps the sell button. Crypto Briefing counts $425M of longs closed in 24 hours, $BTC near $85,600. None of those traders sold. The exchange did it for them, which is the deal we signed and never read.
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Midnight Crypto retweeted
The Grand Tour is in safe hands, best of luck gents!🤝
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I've always treated the App Store as the safe room. SlowMist says FomoPeek shipped there with kernel exploits that escaped the sandbox and read other apps' Keychain data. About $580K taken. The bad builds went out Sept 9 and Sept 12.
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Midnight Crypto retweeted
Everyone is blaming Apple for expensive iPhones. What if we’re blaming the wrong thing?
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