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@TFTC21@TFTC21

Across, a crosschain bridge, just told users not to connect their wallets to its app. "Do NOT visit the app, connect your wallet, or sign any transaction or approval there until further notice." It says it is investigating an issue with its domain.

@TFTC21@TFTC21

Ledger's signing SDK reports to Ledger's servers every time a transaction is signed, on by default, Ambire's developers say. The report includes the recipient or contract address. Privacy should be the default.

@TFTC21@TFTC21

Move abroad or leave by the end of the year. That is the choice IBM is giving affected staff in Consulting, according to a company document cited by Bloomberg. IBM confirmed it is ending visa and green card sponsorship for most roles in the unit, which has 150,000+ staff.

@TFTC21@TFTC21

Bitcoin holders have swapped about $3.6 billion of directly held BTC into BlackRock's IBIT since in-kind creations were approved, says BlackRock digital assets head Robbie Mitchnick. He says the main driver is security concerns. They traded their keys for a ticker.

@TFTC21@TFTC21

Texas governor-elect Gina Hinojosa says that within an hour of taking the oath of office she will "declare a high-cost emergency" and freeze residential electricity rates. The governor appoints every PUC commissioner. Texas law says prices are set by competition.

@TFTC21@TFTC21

The House held billionaire Leon Black in contempt of Congress for defying his Epstein subpoenas. No charging decision from the Justice Department has been reported. Rep. Anna Paulina Luna: "It is time for the Department of Justice to act." • The Oversight Committee voted 41-0 on Sept. 15 to recommend contempt • The full House held him in contempt on Sept. 16 by unanimous consent • The two subpoenas sought a deposition and documents, including nondisclosure agreements • Black sued the committee and Chairman Comer to block the subpoenas, and his lawyers call the contempt resolution retaliation • Criminal contempt carries up to 1 year in prison and a fine of up to $100,000 • A DOJ spokesperson said it takes contempt of Congress allegations seriously The committee voted 41-0, the House acted by unanimous consent, and the only thing between a billionaire and a charge is a prosecutor's decision. Luna also says she is asking DOJ to investigate Lesley Groff, Epstein's former assistant, whose testimony survivors dispute. Congress can name the contempt. Only DOJ can make it cost anything.

@TFTC21@TFTC21

Prices keep climbing, and the explanations keep changing. The Commoner keeps the read straight. Bitcoin, macro, AI, and freedom tech, every weekday, in one free email. Sign up for The Commoner: tftc.io/commoner

@TFTC21@TFTC21

The party that campaigned on affordability just handed voters another month of paying more for everything. October's inflation report: average hourly pay on private nonfarm payrolls rose 0.4%. Consumer prices also rose 0.4%. Real hourly and weekly earnings went nowhere, after a September in which real earnings went backwards. The headline increase slowed from September's 0.6%, but it still beat the 0.3% economists expected. Food rose 0.5%. Electricity rose 0.9%. Shelter rose 0.3%. Marty Bent's read: Republicans had a chance to cut spending and stay out of another Middle Eastern war. They kept spending and went to war. Now the anger over affordability is helping politicians who want to dictate more of your economic life. Texas's incoming governor is promising to freeze residential electricity rates. The power plants still have to be built, and the costs still have to be paid. Using bitcoin as your money is a vote of displeasure with the current system, and it doesn't depend on someone counting it accurately.

@TFTC21@TFTC21

Bitcoin fell from $74,753 to $72,770 in 45 minutes this morning, down 2.7%. That's its lowest price since Aug 20, and 10.3% below where it traded last Wednesday at $81,131.

@TFTC21@TFTC21

Google DeepMind says it has mathematically proven key security properties of the machine code behind Signal. Not the design on paper. The compiled code. DeepMind's Pushmeet Kohli calls it the first time the production code of a widely deployed protocol has been formally verified, "by any method, with or without AI," and at this depth. • The proofs cover Signal's post-quantum PQXDH handshake and the Triple Ratchet • Properties proven: forward secrecy, authentication, post-compromise security and handshake secrecy • AI agents wrote the Lean proofs • Human experts reviewed every specification before any proof ran Formal verification is extremely complex and time consuming, which is why most software never gets it. DeepMind's pitch is that AI can change that. If that holds, the bar for privacy tools moves. Proof instead of promises.

@TFTC21@TFTC21

Riot isn't the only miner selling. MARA sold 13,597 bitcoin after September 30 for about $1.1 billion. That's roughly 40% of the 34,012 it held at quarter-end. $750 million of it went to repay bitcoin-backed loans.

@TFTC21@TFTC21

Hegseth says Iran, cartels, Maduro and Yemen were all "notified to Congress." Massie's charge is that the Iran war had no declaration of war and no statutory authorization. Notified is not authorized. That gap is the whole fight.

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Independent writing by Marty Bent at TFTC since 2017. Money, markets, AI, energy and privacy, delivered free to your inbox.

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