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@TFTC21@TFTC21

Michael Saylor: "We think we're at the beginning of a bull market." "We've got banking adoption accelerating. We've got tokenized securities and the digital asset space accelerating... all these things are very auspicious for the asset."

@TFTC21@TFTC21

For 25 years people speculated the NSA hid a backdoor in the NIST curve seeds. Turns out the P-256 seed was candidate #1842 from a random number generator started at 01:52:34 UTC on August 16, 1997. Claude figured it out in under half an hour. The scariest thing AI has done to ECDSA so far is make it look less suspicious.

@TFTC21@TFTC21

According to Galaxy Research, roughly $91 million has been stolen from Ledger hardware wallets sold by CryptoBilis, a Southeast Asian reseller, in a supply chain attack. The compromised devices contained a hardware implant that "reads the screen during setup, captures the 24-word recovery phrase and sends it out over LTE through a provisioned eSIM." Ledger's Secure Element was never breached, which is why its Genuine Check passed on tampered units. Galaxy calls the $91 million figure a "floor," noting that trackers covering additional chains put total losses between $93 million and $95 million. About $64.5 million was drained from TRON addresses, $17.6 million in BTC, and $8.8 million in ETH and stablecoins. As of October 15, roughly $56.6 million remains in attacker-controlled wallets. About $13.5 million has gone through Tornado Cash and Tether has frozen $10 million of USDT tied to the theft. "Bitcoin's math had a great quarter. Everything wrapped around it did not." - Alex Thorn

@TFTC21@TFTC21

Every sat you buy on an exchange is a sat that knows your name. @simpleminingio lets you mine bitcoin at their facility. Fresh sats, straight to your wallet. No KYC. tftc.io/simplemining/

@TFTC21@TFTC21

Investor Ben Narasin on Anthropic's growing revenue as it prepares for its highly anticipated IPO: "This is the fastest growing business in all of human history."

@TFTC21@TFTC21

The correlation between bitcoin's market cap and 10-year real Treasury rates has risen to its highest level on record, according to new analysis from Fidelity Digital Assets.

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The Commoner

Truth for the Commoner, every weekday. Money, machines, and the people trying to control both.

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

Free, every weekday. Unsubscribe anytime using the link in each newsletter. By subscribing you agree to our Terms and acknowledge our Privacy Policy. Read recent issues.