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...
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...
THEY CALL IT A BITCOIN ATM. A 70-YEAR-OLD FED $45,000 INTO IT WHILE POLICE BEGGED HER TO STOP – AND THE COMPANY SAYS THE MONEY IS THEIRS
Missouri AG Catherine Hanaway calls crypto ATMs "the modern getaway car for fraudsters." $7 million gone in her state alone. CoinFlip...
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...
A BANK WILL LEND YOU MONEY AGAINST YOUR BITCOIN — A CUSTODIAN HOLDS THE KEYS AND A COURT SELLS THEM IF YOU MISS A PAYMENT
South Korea's Jeonbuk Bank is now lending won against Bitcoin. A custodian holds the coins and a court sells them on...
TETHER FROZE $1.45 MILLION INSIDE ‘DECENTRALIZED’ THORCHAIN VAULTS — NO WARNING, NO REASON, NO COURT ORDER, AND NOBODY TO APPEAL TO
Tether froze 1.45 million USDT inside a 'decentralized' protocol's vaults with no warning, no reason and no court order. Its only...
THEY TOLD YOU YOUR COINS WERE SAFE. ROBINHOOD IS 100% EXPOSED, REVOLUT 99%, BINANCE 83% – AND THE FIX IS CALLED ‘BUNKER MODE’
Justin Drake says move your Bitcoin to fresh addresses. Glassnode: 6M BTC sit behind exposed public keys. Robinhood 100%, Revolut 99%,...
LEDGER SPENT 11 YEARS SELLING YOU SELF-CUSTODY. NOW IT WANTS YOU TO PLEDGE A WRAPPED COPY OF YOUR BITCOIN TO A LENDING PROTOCOL.
Ledger now lets wallet users borrow USDC or USDT against wrapped Bitcoin — 50% LTV, 1% fee, liquidation risk. Crypto lending...
THEY PROMISED NEVER TO SELL. THEN $770 MILLION OF SEIZED BITCOIN WALKED INTO COINBASE PRIME — INCLUDING 2,456 COINS NOBODY CAN EXPLAIN
The US government just moved 9,261 seized Bitcoin — $770M — onto Coinbase Prime, including 2,456 coins from holdings nobody has...
ROBINHOOD HOLDS 185,000 BITCOIN FOR YOU – TODAY IT BOUGHT 294 FOR ITSELF
Robinhood custodies 185,000 BTC for its customers. On October 7 it put $25 million of Bitcoin on its own balance sheet...
Self-Custody Needs a Node: Umbrel + Hardware Wallet
A hardware wallet holds your keys, but your node checks the rules. Pair it with Umbrel for real self-custody.
COINBASE COULDN’T KEEP CUSTOMER MONEY IN THE RIGHT ACCOUNT FOR FIVE YEARS — IRELAND FINED IT $3.6 MILLION, AND WASHINGTON STILL CALLS IT CUSTODY
Ireland's central bank fined Coinbase EUR 3.25 million for leaving customer money in the wrong accounts for five years. Coinbase says...