PAUL SZTORC CALLED LIGHTNING A THERANOS-STYLE FRAUD — THE 80% HE DROPPED IS THE PART THAT SHOULD ANGER YOU
Paul Sztorc says custodial services carry over 80% of Lightning payments and compares the marketing to Theranos. If he's right, most...
THE UK SEIZED 61,000 BITCOIN FROM A FRAUDSTER — A JUDGE JUST RULED THE 128,000 PEOPLE HE ROBBED HAVE TO PROVE IT IN CHINESE LAW
A judge ruled Chinese law governs claims to 61,000 BTC seized from Zhimin Qian. If the 128,409 investors he robbed can't...
THE ETF INDUSTRY JUST USED A HARDWARE HACK TO SELL YOU ETFs – AND THE WOMAN WHO SAID ‘HAND YOUR BITCOIN TO A SPECIALIST FIRM’ RUNS ONE
A Ledger hardware implant exposed a reseller, not self-custody. Within days an ETF issuer's co-founder said self-custody "will always be less...
THAILAND JUST OPENED ITS STOCK EXCHANGE TO BITCOIN ETFs — WHILE FRANCE WROTE A FORM TO MAKE YOU DECLARE YOURS
Thailand's SEC cleared Bitcoin and Ethereum ETFs for the Stock Exchange of Thailand from October 16. In the same week, France's...
FRANCE JUST VOTED TO TAX YOU FOR LEAVING THE COUNTRY — AND TO MAKE YOU DECLARE EVERY BITCOIN YOU HOLD IN SELF-CUSTODY
France's National Assembly Finance Committee backed an exit tax on crypto above €800,000 and a 31.4% tax on swapping Bitcoin into...
THEY TOLD YOU WALL STREET OWNS BITCOIN NOW. THE DATA SAYS YOU STILL HOLD TWO-THIRDS — AND YOU SOLD THEM 696,000 COINS ANYWAY
Individuals still hold 13.9 million BTC — two-thirds of every coin that will ever exist. River data shows they net-sold 696,000...
COLDCARD SPENT YEARS TELLING YOU TO TRUST NOBODY — THEN ITS OWN OFFICIAL ACCOUNT POSTED A LINK ASKING FOR YOUR SEED PHRASE
Coldcard's own X account posted a link claiming a firmware bug. The page was built to collect seed phrases. Coinkite says...
THEY TOLD YOU BITCOIN IS PRIVATE. THEN THEY TAUGHT YOU TO SWEEP EVERY COIN INTO ONE TRANSACTION – AND YOUR WALLET JUST LINKED YOUR ENTIRE STACK TO YOUR REAL NAME
Cake Wallet's Seth for Privacy warned this week that spending one no-KYC coin alongside a KYC coin links your entire Bitcoin...
THE CELSIUS CEO WHO FROZE YOUR BITCOIN JUST GOT ‘PERMANENTLY BANNED’ AND A $35 MILLION PAYMENT PLAN HE MIGHT NEVER PAY
Alex Mashinsky promised 17% on your Bitcoin, pulled in $20 billion, then froze every withdrawal in June 2022. On Friday New...
‘WE KNOW WHERE IT IS’: THE US IS SEIZING $1 BILLION OF IRAN’S CRYPTO — AND NOT A SINGLE SATOSHI OF IT IS BITCOIN
Bessent says the US will seize $1 billion of Iran's crypto this week. Every cent will be a stablecoin or an...
Quick Reads
COINBASE HOLDS 5% OF ALL BITCOIN — IT JUST WROTE THE WISHLIST FOR REWRITING THE NETWORK’S SECURITY. SATOSHI’S COINS ARE ‘A SEPARATE PROBLEM.’
Coinbase custodies about 5% of all bitcoin and just published what it wants Bitcoin's quantum migration to look like — including...
THEY SOLD YOU A ‘COLD’ WALLET WITH A CELLULAR MODEM INSIDE — MEDIAMARKT JUST PULLED EVERY LEDGER OFF THE SHELF WHILE LEDGER CONFIRMS ONE CASE AND $86 MILLION IS GONE
Cellular modules found in Ledger wallets bought from separate MediaMarkt stores. The chain pulled the product internationally. Ledger confirms one implant.