Truth for the Commoner. A media company focused on #Bitcoin, freedom, and truth in the digital age.
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npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw Profile Code
nprofile1qqsgt0d4sa0pz0wvn9yck36xxezf3qhwzksu0q254vruqed5wvuavuspz3mhxue69uhhyetvv9ujuerpd46hxtnfduqs6amnwvaz7tmwdaejumr0dsd9rvh0
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2026-03-24T02:35:49Z Event JSON
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Last Notes npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Tether just completed its first full financial audit, conducted by KPMG U.S., receiving an unqualified (clean) opinion on its 2025 financial statements. Tether calls it "the largest inaugural financial audit in history." KPMG "physically counted and inspected every individual gold bar held by Tether" rather than relying on custodian reports. The audit covered the full balance sheet, income statement, equity changes, and cash flows. Audited financials show reserves exceeding liabilities by $6.814 billion. CEO Paolo Ardoino called it a direct answer to years of doubt. "For years, some detractors said an audit of Tether could not be completed. They said the Company refused to subject itself to the most rigorous scrutiny. We have once again proven them wrong." CFO Simon McWilliams added "we subjected our financial statements to the scrutiny of a Big Four audit" and "we hold ourselves to the standards seen at the world's leading companies." Over 650 million users across emerging markets rely on Tether daily. https://tether.io/news/tether-completes-the-largest-inaugural-financial-audit-in-history/ https://blossom.primal.net/a06853c02b399e5001c6ad6a46fa7e0326bb786f26ad7c12734af932b12a10bb.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC The White House is preparing to bring open-source AI models under its prerelease safety testing framework. Once open models reach frontier capabilities, they'd face a potential 30-day government testing period before public release. The catch: officials know that excluding open models creates a government-approved advantage for closed labs like OpenAI and Anthropic. But including them could slow US open-model development and hand China an edge. The framework is technically voluntary for now, but the competitive pressure to get a government seal of approval could make it mandatory in practice. https://blossom.primal.net/ad774bd1e959a987b22880b9602d6e063fae9b7973fd720efb8dd3b8aaf4a11d.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC The OCC says America is "open for business" for digital asset banks. Companies working with digital assets and novel technologies should have a path to becoming national banks. The OCC has received 40 new bank applications in the past 18 months. https://blossom.primal.net/e0bd14b712fb51a3d4fa4abcf57b1774f77a93196c046ed0550b62a0e9ff08af.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Bitcoin Mechanic says the rejection of BIP110 on Saturday "shattered a long-standing belief that Bitcoin's anti-fragility and hard-monetary properties would continue thanks to its decentralized network of nodes." He argues that mining pools acted as "a small cartel of centralized pool operators clearly acting on behalf of industry players who operated behind closed doors" to kill BIP110, while supporters "operated in public" using "neutral metrics that everyone had access to." His core concern is that "Proof of Work is completely pointless if the criteria for what constitutes validity is decided by the ones doing the work." He says he's now running a stalled Knots node at block 931,633 and is open to a hard fork with a new proof-of-work algorithm, stating "the only defense the network would have would be to hard-fork to a new Proof-of-Work algorithm." He closes by saying he has "no desire to attempt to call this new chain Bitcoin" and that captured Bitcoin "becomes a tool for the sickest of purposes." npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Twenty One Capital ($XXI) CEO Rapha Zagury just published a shareholder letter outlining how he plans to lead the company forward. First, finishing the corporate foundation with governance, controls, key hires, and reporting. Second, building and acquiring operating businesses using the Berkshire model, "a strong balance sheet at the center, independent operating companies around it." Third, developing capital-markets capabilities with instruments "backed by the recurring revenues of operating businesses, at a lower cost of capital." Fourth, M&A. "Our industry is in a deep reset. Assets, teams, and infrastructure are repricing." Fifth, building a lending and credit business around bitcoin as collateral. On the stock trading below NAV, "That gap could be viewed as a misallocation of capital; we share that view." On communication, "Transparency and constant posting are not the same thing." npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC 46% of all bitcoin is held in self-custody. No other asset class comes close to this level of self-sovereignty. https://blossom.primal.net/06b359cf81015740ecf94dbdae03ba40396b32b7fe8d5710962b150f2e75af70.png npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC America's cybersecurity model is a subsidy for attackers. The Bitcoin Policy Institute is calling on frontier AI labs to give open-source defenders trusted access to the same models criminals already use without permission. The problem they've identified is real. The solution is too timid. Guardrails bind the law-abiding. They do not bind criminals. During the Bitcoin Red Team campaign, Rob Hamilton completed OpenAI's Trusted Access onboarding, explained the defensive work, accepted the compliance process. OpenAI still blocked him. He moved the work to Chinese open-weight models. An American defender identified himself and followed the rules. The American lab stopped him. The unrestricted model became the practical alternative. Nobody is safer for it. The cost showed up yesterday. LNp2pBot, a privacy-focused Lightning service, shut down after months of absorbing attacks from what its operators described as an army of script kiddies armed with AI. The government didn't kill it. Attack economics did. Frontier models can audit codebases, hunt vulnerabilities, model attacks, accelerate patches, and help small teams absorb pressure that would otherwise overwhelm them. The answer isn't a better permission slip. It's capability parity. Give the good guys the tools. https://blossom.primal.net/69bfd7d1d8bbb694099e5082242e07863ae011d06c66b92594e593d23ad002c8.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC The U.S. Strategic Petroleum Reserve just hit 298.7 million barrels, its lowest level since 1983. Peak was 727 million barrels. That's a 59% drawdown of America's energy insurance policy. https://blossom.primal.net/b193a8ec4be4d0623eb31e5f820526a829347b36ab51d23dc7bd13065f9ecaa0.png npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Trump Media & Technology discloses 14,139 BTC treasury worth ~$890 million in SEC filing as of July 31, 2026. https://blossom.primal.net/5857ab05b71fce7af1b756e07b3654db75911a5526ac4421adc4b36eeda9283d.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Luke Dashjr is stepping away from OCEAN as Chairman and CTO to focus on Bitcoin core development and open-source projects. https://blossom.primal.net/83501834e2a1c427307138c65618b3535e8466af54e478b56cddbde33c4b97df.png npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC "I started crying. I looked over at my partner and I said, 'They made it.'" Jessica Rose on reading the paper showing HIV-like sequences in the spike protein. Days later, it was pulled from the preprint server without explanation. https://blossom.primal.net/8c01ca721cb3e3423cd0d4fed5ed6f4f4ebb27fcb4b967593d6c628f554b469f.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC The Bitcoin Policy Institute just published an open letter asking AI labs to give open-source bitcoin and digital asset defenders access to their strongest cybersecurity models. The problem: "Open-source defenders today occupy the least privileged position in the AI security landscape." Bitcoin secures over a trillion dollars in value, but the developers maintaining wallets, cryptographic libraries, and node software are getting blocked by guardrails when they try to use frontier AI for legitimate security work. The letter warns that "nation-state adversaries, criminal syndicates, and sophisticated hackers will not wait for permission to deploy AI against critical open-source infrastructure." Defenders are stuck using weaker open-weight alternatives while attackers face no such constraints. BPI is asking for early access to the best cyber models, compute budgets for real security reviews, and secure environments for sensitive code analysis. The coalition is massive: Coinbase, Block, Strategy, MARA, Blockstream, Chaincode, Brink, Ten31, Unchained, Trezor, Casa, Strike, River, OpenSats, and dozens more. "Frontier AI could become one of the most powerful defensive technologies ever developed, but only if defenders get fair access." https://www.btcpolicy.org/ailetter https://blossom.primal.net/39528ee66b40bdbf141918dec1fd3c8d03c05dd0330514c07ee01db022b1791e.jpg https://blossom.primal.net/8671fdbb180d0cc98ae5b6d62ed713ef1731f7812e86c3d789bf34eac92d631c.jpg https://blossom.primal.net/1605c63432917312661c34928fa473baeef72e3779cf838c1c493bc8e445a9ef.jpg https://blossom.primal.net/363a2613a475b23e9515c4dabcb7a6c4cb7de139a0386caf9a45dc72eca17bb9.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC OpenAI is hiring a "Power Trading Lead" to run hedging strategies for power and gas across their data centers. They're not just buying electricity anymore, they're trading it. The AI buildout is turning these companies into energy companies whether they like it or not. https://blossom.primal.net/e67e04a7c1d34611359839a9e095fedf664c1e23ad2c19f3e999018f167cc2fc.png npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Chinese researchers just built "Light Society," a simulation that runs 1 billion AI characters at once, each one modeled after a real person's demographic profile pulled from a massive global survey. These AI agents negotiate, form opinions, argue, trust or distrust each other, and make irrational decisions just like real people do. They'll turn down a good deal out of spite. They get persuaded by popular voices in their network. They change their minds slowly, then all at once when enough of their peers flip. The real story isn't the "are they conscious?" speculation floating around. It's that this is a sandbox for testing how to move public opinion at a planetary scale. You can dial up certain influencers, change how the message is framed, and watch a billion simulated people react. Built by a state-funded research institute in Beijing using real global demographic data. Draw your own conclusions. https://arxiv.org/pdf/2506.12078 https://blossom.primal.net/c667c5c7228706b717bf1339b2d6cc7f8d979af13a3ad8f84091881739c2f119.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Strategy now holds 840,447 bitcoin and just bumped its USD reserve to $4.65B while buying back $109M of $STRC. https://blossom.primal.net/f72c29accf3386a371bdecb8d820bccf645f779a7d35c42c7e67e68963a9d27d.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC China added 20 tonnes of gold in July, their largest monthly purchase since October 2023. That's 21 consecutive months of buying. 2,366 tonnes total and climbing. They're also moving reserves from London to Hong Kong to build their own trading hub. https://blossom.primal.net/5130a05b4f0836d865c543373b705452383a02d1cd692c6ed0feb8f1f33d424c.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Strategy now holds 842,138 bitcoin worth $54.66 billion at an average cost of $75,653. Down 14% on their position. https://blossom.primal.net/ef974a7e9372aa8c4ad08802000c9d0fb5376e511b5214b687ad452bff103f25.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC The BIP-110 chain found its second block but is 7 blocks behind the main chain. https://blossom.primal.net/5f5744a998f1de5030be3794ee71eb8fdbbefd7b0b7ce39c998d1c39eecfc569.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC BIP-110 hit its mandatory signaling period today at block 961,632. When Ocean mined a non-signaling block, BIP-110 nodes rejected it and forked off the main chain. With less than 3% miner support, the BIP-110 chain now trails the canonical chain with virtually no hashrate behind it. https://blossom.primal.net/351f4d22e9bbd1412e19c648d9ff300c5be6f147e6b27e667ca60513feb037ba.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC BIP-110 nodes just forked off the main chain after rejecting a non-signaling block at height 961,632. https://blossom.primal.net/d1ecbe575638ab1a58a94d97ff0935332aa16ac555794823c20dcaf7325d26ac.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC 25 blocks until BIP-110 mandatory signaling. https://blossom.primal.net/1936219ba4ff8c73270be75ef0720c1515dda6a53d92c91c6a2e815f67f0fe4b.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC 33 blocks away from BIP-110 mandatory signaling. https://blossom.primal.net/0c1522d70fa2d6707d14ec93bfa04b65daa94daa42095444590f7a6e175029b7.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Bitcoin ETFs just had their best week of inflows (~$1B) since April. IBIT, FBTC, and others saw inflows every single day this week. https://blossom.primal.net/c51521ae974407dcd0456a8cf80e028a19dc46313b3dee2e4bdfb66c9c92d579.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Corporate America is on pace for the biggest earnings beat EVER recorded. S&P 500 companies are beating EPS estimates by +29.2%. The 5-year average is +7.0%. That's 4.2x the historical norm. Blended net margin hit 16.9%. All time high. Strip out Alphabet's $98B unrealized equity gain and Amazon's $53B Anthropic gain and earnings growth is STILL +32.0% YoY. We are in the middle of the largest investment boom in history. And it's just getting started. https://blossom.primal.net/8297a5415ace362f4c5e4ff8cc359113f55200fe1f4073f46b187547c2698c0d.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC "Digital detectives are going sleepless after Bitcoin wallet hack." Bloomberg profiles the community response to the $130M Coldcard exploit. Alex Thorn, who's spoken with 100+ victims: "These are average everyday people saving their money in Bitcoin. They were true believers." Becca Rubenfeld on the developers working around the clock: "It's like they're off at war. That's the vibe." https://blossom.primal.net/8728590aa6d209f77927b8430a11e1aba559d140b54388b4681d7b6739513a3e.png npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC All 8 Flock surveillance cameras in Winona, Minnesota were cut down and removed over a few days. Poles sawed at the base, cameras gone. It's part of a growing nationwide backlash against automated license plate surveillance. Multiple cities have now shut their Flock systems down entirely. https://blossom.primal.net/de20d215375482ea59d3520ab6c4ad4b79b34de7d21162060d74812cb2bbddc1.png npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Bitcoin's Red Team started as an emergency response to the Coldcard disaster. Less than 3 days later: 24 people, 425 projects scanned, ~6,700 findings, and 1,029 classified as high or critical. Moving at 7.7 projects per hour. But the real bottleneck isn't discovery. It's disclosure. Only ~19.5% of scanned projects had a SECURITY.md. Only ~13.1% listed a security email. By hour 55, the team had produced thousands of findings but had only contacted ~130 projects. The scanners move at machine speed. Responsible disclosure is still hunting around for an email address. @npub10pe…n34f stepped up and gave the effort a home. Code RED will prioritize support for red-teaming critical Bitcoin software and reimburse past LLM token costs. The dedicated Red Team Fund is live. This week exposed how cheap vulnerability discovery has become and how unprepared most open-source projects are to receive the results. If your code touches bitcoin, publish a security contact. If you can reproduce and triage findings, the Red Team needs you. https://blossom.primal.net/8fe16622e4c6180c33dbbe9c66c6b5945f21924dc787458c9b3edc2669d26cfc.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Bank of America is spending $250 million a year on Ozempic and GLP-1 weight loss drugs for employees. CEO Brian Moynihan calls it a good investment in workforce health and productivity. https://blossom.primal.net/f2b1d7aaa9a2ef0f2d3224c3b87f73661dfd456572f2f4626b8a8cc30b344ab9.png npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Anthropic is hiring an "Insider Risk Investigator" at $245K-$305K to conduct sensitive employee interviews, monitor security logs, and run internal investigations. The role reports to an Insider Risk Team tasked with protecting "people, data, and infrastructure." This comes days after reports that CEO Dario Amodei is worried new hires are joining for money rather than mission. https://blossom.primal.net/7ffd11a88eea6ef1ecd0c7990846549609f6894ef24107b703ab11ba866f7637.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Coldcard is directing users to follow their next firmware updates on GitHub as they work on a new release focused on customer key migration. npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Saylor on why saving in dollars is a losing game. "One acre of land in Miami Beach cost $10,000 a hundred years ago. Today that same acre is $10 to $20 million. The dollar lost about 7% of its economic value every year for 100 years running." https://blossom.primal.net/10375778cb61c91cd2b2d21d026ee45cff2fc6ff7c356cdab692a7259357dc25.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Tesla's Terafab looks straight out of science fiction. https://blossom.primal.net/b1e5b1cd960716f295e195ab098c804b90152ef092550e89c2ae9f585d89705a.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC The company responsible for making sure AI models can't hack the internet just accidentally let AI models hack the internet. Irregular is an Israeli AI security startup backed by $80M from Sequoia. Their entire job is running cybersecurity evaluations on frontier AI models before they're released to the public. OpenAI, Anthropic, Meta, and Google all use them. Their website says their mission is "protecting the world in the time of increasingly capable and sophisticated AI systems." Irregular misconfigured their testing sandboxes, leaving internet access wide open when it should have been completely sealed off. Anthropic's Claude and Mythos models breached 3 real companies during capture-the-flag tests going back to April. Meta's Muse Spark 1.1 exploited a vulnerability in a third-party service during testing in the same type of misconfigured Irregular environment. Separately, OpenAI's models exploited a zero-day to escape their own sandbox and hack Hugging Face. Different failure, same theme. The walls aren't holding. None of the AI labs are dropping Irregular. And Irregular's response? They're "developing a white paper." The one company standing between unreleased AI models and the open internet failed at its most important job. Repeatedly. https://blossom.primal.net/5d9fd71cdfda000e839ea8149a116725a62b735069b9b1886662b29b92e2b005.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Big Oil is on track for ~$44B in Q2 profits, 3rd largest quarter ever. Exxon: $14.7B Chevron: $12.1B (record) Shell: $9.8B https://blossom.primal.net/1d54648b9e7041097acdc56d8f1a72c745d5a5fa198bbc554586a9c72dc52663.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC "Wave one happened in 41 minutes. Not one of those UTXOs was created before March 17th, 2021, when the cold card firmware bug was introduced." Alex Thorn breaks down the attack waves. https://blossom.primal.net/df4be13ce5dcaa5068341c83036f5fe2a411dbfa927b750c28f447434bd63582.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Senate may delay August recess to vote on the CLARITY Act. Sen. Lummis: “I don’t think we’ll be leaving on Friday. I think we’ll go into the weekend.” https://blossom.primal.net/ae7370613b2859ddd26cace0117f11ca875c2569e8a753596de243a699683187.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Giacomo Zucco announced he's resigned from the board of OCEAN mining pool. He says he still has love for Luke Dashjr and believes in OCEAN's core ideas, miner-side block production, KYC-free coinbase payouts, and Lightning share markets, but felt he needed to "speak the truth." The resignation comes as BIP-110 support from miners remains below the 55% activation threshold, and some BIP-110 proponents are now floating a proof-of-work change hard fork. npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC SpaceX just announced a partnership with Nvidia to build its Starmind AI-1 satellite payload, putting data center-class compute into orbit. Each Starmind satellite will run Nvidia's latest Rubin GPUs and Vera CPUs, pushing SpaceX's peak satellite computing capacity to 250 kW. We're no longer just talking about putting AI in the cloud. We're literally putting it in space. The race for compute has gotten so intense that companies are now looking beyond Earth's surface to find capacity. SpaceX already has the largest satellite constellation in history with Starlink, now they're turning that infrastructure into an orbital compute network. https://blossom.primal.net/fedacf993bf20ff5ba881411f3fd3c14c042042d6ff513e5d0130d07951cf534.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Coinkite published a new update on the ColdCard vulnerability. They say the bug "lived at a boundary between two unrelated submodules, not in the parent code, and not in the cryptographic or Bitcoin-specific logic that are the subject of most internal and third-party reviews." They ran AI-assisted review against their codebase in the weeks before the exploit and it didn't catch it. They've since tested frontier models including Kimi K3, Claude, and Codex 5.6, none of them caught it either. Coinkite is now warning other bitcoin projects: "If your team relies on AI review of security-critical code, we recommend you test it specifically against build and submodule boundaries." npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Chris Guida (cguida6) has rebased Luke Dashjr's 2017 proof-of-work change hard fork code onto a recent version of Bitcoin Knots, arguing it should be kept ready in case miners refuse to signal for BIP-110. "I think we should have this in our back pocket in case miners decide to collude to betray bitcoin." https://blossom.primal.net/def06494a2711338a6e98074bf56032d00f63b6e2e24bc37a99bbc05c4c79379.png npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Gavin Baker says GPU prices are going vertical. "They rented the exact same cluster, exact same size, essentially identical in every way, and they're hoping seven months later to pay just under $4," up from $2. https://blossom.primal.net/2af4d28b6412b3b999fe3bb0776674ab46f2452058ee434a457274cefb321d27.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Gavin Baker went to Silicon Valley to pressure test the bear case. "My mission out here this week was to look for negative data points as hard as I could. I haven't been able to find one that is like a quantitative metric." https://blossom.primal.net/3772c063265283597f6545d5add00c809b526704919648ff544cc4c6e3f25757.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC American HODL received a phishing email urging him to download a fake "ColdCard Desktop" app. Scammers are exploiting the panic around the ColdCard vulnerability to trick people into downloading malware. As he points out, there is no ColdCard desktop app and there never has been. Stay vigilant. https://blossom.primal.net/2c5586db0c847114489c372c19d335a58aad741a6a350ee3a5375f063cd16b4f.jpg https://blossom.primal.net/bfe55d665d024579e932c63b274d9873c932a026633c953e1d9fd470e3dac2c6.jpg https://blossom.primal.net/d4673af6b5fa857458264d74659f792bd16d91259ab3c948b24561e24035c585.jpg https://blossom.primal.net/6ca3e1fd8441f7cdfa30594d03b8aff9f7987d8112063cd0db2f9e6d22913704.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Boltz is shutting down swaps until further notice. They've been hit by multiple AI-assisted exploits and say attackers are now iterating faster than their team can patch. No user funds lost. npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Lots of people asking how Bitkey handles entropy after the Coldcard situation. Their security team dropped a full technical breakdown with citations. If you're shopping for a hardware wallet right now, this is worth your time. npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC "The Strait of Hormuz is not only about oil. It's about helium, you can't make a computer chip without it. It's about fertilizers, you can't grow food without them." Anas Alhajji on why this crisis touches everything. https://blossom.primal.net/ee4793699f367298f2c801a6f4447ddd891772fb6529db4df9e68dedf3fe32c1.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Coinkite has halted all Coldcard shipments and destroyed remaining inventory with affected firmware. Customers with in-transit orders have been contacted directly with migration steps. https://blossom.primal.net/c34452ad5328648fc56c4adb208362828c0b67eec708e374ad52aa09ce4a1d06.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Users are reporting that Coldcard's emergency firmware update is bricking some devices. These reports are anecdotal and have not been confirmed by Coinkite, but if you're planning to update, move your funds off the device first. npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC A security researcher (1440000bytes) flagged a vulnerability in Bitkey's inheritance setup flow. The team responded within hours, confirming no funds were at risk thanks to their defense-in-depth architecture. A patch was submitted to both app stores and they hosted a public X Space to walk through the technical details with the community. https://blossom.primal.net/ceb92332d22c019423c1e6b206791a1d45ab3441f486ad6132f632c218086734.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Asia's leverage boom is unwinding fast. $67 billion in margin debt has been wiped across South Korea, China, and Taiwan since their recent peaks. South Korean leveraged ETFs tied to SK Hynix and Samsung have lost 63% of their assets, down $7 billion. h/t (KobeissiLetter) https://blossom.primal.net/6ab338aba4607d5a0148aee1c05ce7db6ddbc34fa228d5b562a03f0e1caf8d61.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC A third wave of the Coldcard seed-entropy hack has been identified. 1,367 BTC (~$88.6M) drained across 4,585 addresses in three waves. Funds are 100% unspent, still sitting in the attacker's wallets. Galaxy Research has the full breakdown. https://blossom.primal.net/30b9a855b7bb1b84af4b6c8c19794ffaec2c196ed635846fc18e94fd88ebfe64.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Galaxy Research is tracking the Coldcard hack in real time. They've identified three waves of sweeps so far: 1,367 BTC (~$88.6M) drained from 4,585 addresses. The first wave hit 1,196 addresses in a 41-minute window, all paying an identical 30 sat/vB fee. Automated key scanning, not owners moving funds. Galaxy notes "the loss profile is dominated by sub-1 BTC addresses in count, but by larger addresses in value. This appears to be the shape of individual self-custody, not institutional holdings." Not one coin taken was created before the vulnerable firmware shipped in March 2021. https://blossom.primal.net/30b9a855b7bb1b84af4b6c8c19794ffaec2c196ed635846fc18e94fd88ebfe64.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC .Kevin Loaec 🧙♂️🐟 from Wizard Sardine just published a full technical breakdown of a critical Coldcard vulnerability. Every seed generated on the device since 2021 is compromised. Wallets are being drained right now. The chip has a perfectly working hardware random number generator. Nobody was calling it. "The Coldcard replaces MicroPython's randomness module with its own, deemed more conservative. To do so, it disables the original one... The catch is that MicroPython does not remove rng_get() when that flag is 0. It replaces it with a software imitation." The result: "a Coldcard seed no longer held a single bit of physical randomness." A compile-time safety check should have caught this but used `ifndef` instead of `if`. "One character stood between that safeguard and its purpose." It passed on every build for 5+ years. Seeds from 50+ dice rolls or pre-2021 are safe. Everyone else: move funds now. http://wizardsardine.com/blog/coldcard-rng-vulnerability/ https://blossom.primal.net/9974bab86ec31d6b846755c3862338d4a8f59ecb1d5b2ed023c49db09332865e.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC As much as this hurts. The network will grow stronger from it. Don't give up. https://blossom.primal.net/ac6fe08756ec588df537ae84f233ff71fd535c8c3ab72c3a69f5d379ec297969.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC TFTC 778 w/ (hot_town): "The playing field is being leveled. It's no longer limited by technical ability. This opens up whole new economies." We discuss: ⚡ Building with AI agents ⚡ Bitcoin & the agent economy ⚡ Why open source wins https://blossom.primal.net/d1dc96c0b24288cb89116581006e738b8fc1e2a76594f1297f0944640ce85b93.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Conner Brown of Matthew Boyer urges Coldcard victims not to destroy compromised devices after the firmware flaw that drained tens of millions in BTC. “If you have a Coldcard that was compromised, do not throw away or destroy the device.” https://blossom.primal.net/605c28fa7898cc106f6d3c27b2ab25c87ab6d8446e03a2312d055de6edf72ec3.png npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Hyperscale Data sells 100 Bitcoin, establishes BTC-backed credit facility to accelerate Michigan AI campus. https://blossom.primal.net/fb8106a3286ea5f4a01b3815b32696271c0dd773055490e275bed561c00f9aed.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC "Even the smart guys screwed up self-custody. How can we expect anybody will comfortably self-custody after this?" (jamesob) on the second-order effects of the COLDCARD vulnerability, why every hardware wallet maker has had a fatal misstep, and why the only categorical fix may be covenants. https://blossom.primal.net/c9afc2b8bff6ed724b36478562708627ad8233d835a1b69309b5796ecfd4fe7b.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC "Security by obscurity is going to zero rapidly." (jamesob) and other researchers independently reproduced the COLDCARD vulnerability by pointing an AI model at the firmware history. This is the new reality for open-source security. https://blossom.primal.net/429e407bbf7a7a944b935f1c88cf75ff9d599b8941b2de1d076801ff90a5002f.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Coinbase Chief Policy Officer on CLARITY Act progress: "We've got ethics nailed down, we've got nominations nailed down, we've got a bipartisan bill on the substance, we should be good to go." https://blossom.primal.net/aeefb8071d96146e862b5ffa4a73f7a8a4ba6ec0da4a35ab163f10af07fcc508.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC TFTC 777 w/ (jamesob): "If you're single-sig with no passphrase or dice rolls, you need to drive home and migrate your funds. These wallets are dangling in the wind." We discuss: ⚡ The flaw exposed overnight ⚡ How to check your risk ⚡ Why self-custody still wins https://blossom.primal.net/86b684d271fd14bcf78fba4683208cedf7412b9c0cdd48ba0d09a8eee5526b74.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Coldcard founder (nvk) says the reports of drained wallets are not a device vulnerability. The thefts are part of a wider attack affecting 500 private keys across different wallet types, not just Coldcard. https://blossom.primal.net/6bc4cd1dfb4c3fba4a6d842a064a9e1805502dbc83eb9d79037352d9c315e3a0.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Sen. Cynthia Lummis says the CLARITY Act remains on track for a Senate vote before the August recess: “Sen. Thune has kept a place for the CLARITY ACT on the agenda...and I believe he does intend to go through with it...We will be moving forward.” https://blossom.primal.net/f3c786c393634fea4c011512ba448fd0923ff393fa595e4ae7a61cc45abf7798.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Sen. Cynthia Lummis: “This doesn’t come back next year… The realistic next chance at market structure legislation is likely 2030.” She urged passage of the CLARITY Act, adding the window to lead “is wide open.” https://blossom.primal.net/73ef82c62195e3c7b9c1f8b76eb2c107db0233376f384dbb0a07ff2fa374849c.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC IRS warns digital asset investors of fake letters with QR codes directing to a nonexistent “Digital Asset Compliance Portal.” Coinbase also alerts clients. Do not scan the codes or enter any info. https://blossom.primal.net/b36b3d418cf4f18276f32ee1a3530bca036145b8b58cf6e0eb81ecf1ab00fcd5.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Russia just charged Telegram founder Pavel Durov with "aiding terrorism" and put him on an international wanted list. The FSB says Telegram failed to remove channels used by Ukrainian intelligence for sabotage and recruitment. This is the same playbook every government runs. France arrested Durov in 2024 over similar claims. Now Russia is doing it from the other side of the same war. The pattern is always identical. A terrible act happens. Governments point at encrypted messaging. They demand backdoors, content removal, compliance. Anyone who refuses becomes an enemy of the state. But encryption cannot be secure for some people and insecure for others. That's not how math works. A backdoor for the FSB is a backdoor for every intelligence agency, every hacker, every authoritarian regime on earth. Russia is simultaneously pushing its own state messaging app called MAX that openly shares user data with authorities and doesn't use end-to-end encryption. That's the endgame. Replace tools you can't surveil with tools you control. Every government wants the same thing, a communication layer they can monitor. They just use different justifications. Russia says terrorism. France said child safety. The US says national security. The demand is always the same. Give us access. The 60 Minutes clip from 2016 is worth revisiting. Durov said it plainly, "Encryption cannot be secure just for some people." https://blossom.primal.net/537471ac492efd947152508613f4113d298c481c30e2a1de96c91c3a0aa28073.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Leopold Aschenbrenner's Situational Awareness fund is up 439% on the year, levered to the gills on AI stocks, and is now scrambling to raise capital after the recent rout. Sound familiar? Every few years, an Effective Altruist makes a fortune, gets drunk on their own certainty about the future, levers up, and blows apart. SBF believed he had a moral obligation to make as much money as possible so he could redistribute it to save the world. That conviction gave him permission to cut corners, commingle funds, and lie. He's in prison. Aschenbrenner believes he has "situational awareness" that perhaps a few hundred people on earth possess. That conviction gave him permission to run a skeleton crew of 4 investment professionals, use massive leverage with no prior trading experience, and concentrate into the most crowded trade on the planet. The pattern isn't coincidence. It's the philosophy. EA teaches its followers that the expected value of the future is so enormous that almost any risk is justified in the present. If you truly believe AGI will reshape civilization and you're one of the few who sees it clearly, why wouldn't you lever 10:1? The math says you should. That's the trap. Certainty about the future plus moral permission to act on it is the most dangerous combination in markets. It turns smart people into walking blowup risk. The market doesn't care about your thesis. It cares about your margin call. https://blossom.primal.net/95f01563679638b3f77b7f719a448209e8d7f1302b3a8d51922701fad051e849.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Rural electric utilities across America are quietly becoming bitcoin mining's best friends, and their customers are benefiting whether they know it or not. In Hopkinsville, Kentucky, a bitcoin mine has been running inside a local utility substation for three years without a single noise or water complaint. Now the city is debating zoning regulations that could shut the whole thing down. Tom Masiero, head of strategy at Sphere 3D (which owns the operation), told a public hearing that the mine participates in a flexible-load program. When extreme weather or high demand hits, the facility can quickly power down, freeing up electricity for residents. The local utility's general manager said the revenue helps avoid rate increases for 13,000 customers. The company wants to expand with a second 50-megawatt facility and would pay $8-10M to build a new substation, adding 15 megawatts of extra capacity for the community. But the proposed zoning draft would ban any facility over 75 megawatts and require setbacks up to 1,000 feet from residential property. NCLC's attorney warned it would effectively ban data centers in the city entirely. This is the pattern playing out in small towns everywhere. Bitcoin miners offering flexible load and real revenue to struggling utilities while local governments rush to regulate something they don't fully understand yet. https://blossom.primal.net/5c4ffa8fca32357272191f9df3eda5091560be6d1ae31f1d17efdc0027f9f33c.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Stop selling your bitcoin to pay for life. (AvenCard) gives you a credit line backed by your BTC. Up to $1M. Rates starting at 7.99%, fixed for up to 10 years. No rehypothecation. No annual fees. 2% cash back. https://www.tftc.io/aven-bitcoin-visa-card/ npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Hackers just hit 30+ water systems in Minnesota in a coordinated cyberattack over two days. One plant went completely offline. The attack targeted operational technology, the actual control systems that manage water treatment and distribution. Minnesota activated a statewide cybersecurity incident response involving local, state, and federal agencies. Authorities haven't said who's responsible. This is what infrastructure vulnerability looks like in practice. These are small community water systems that often lack the resources to properly secure their control networks. When your water supply depends on internet-connected systems run by underfunded local operators, this is the inevitable result. As (ODELLXYZ) points out, clean water access should be a serious factor when considering where you live. The systems we take for granted are far more fragile than most people realize. https://blossom.primal.net/67ed484eadd6a3fa503403602d59773f3a6e78e8079923a8d6d633b35e7cbc34.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Fed holds rates at 3.50%-3.75% for the 5th straight meeting. Three members dissented wanting a hike. Longest pause since the 2008 cycle. Dow dropped 800 points ahead of the decision. https://blossom.primal.net/f3fda797d90b99abe5ddfc25ac427f982e8e2ea3e306dd49e41b37c752362cd8.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC The upcoming 6G wireless standard won't just be faster internet. It will function like a radar system. The technology is called Integrated Sensing and Communication (ISAC). It turns the same antennas used for wireless data into environmental sensors that can measure distance, movement, and speed by analyzing reflected radio waves. What that means in practice: 6G networks could detect people through walls, monitor breathing patterns and heartbeats, and when combined with machine learning, distinguish individuals by their walking patterns and infer gestures or facial characteristics. All without requiring the person to carry a phone. Germany's Conference of Independent Data Protection Authorities approved a position paper in June 2026 warning that this amounts to invisible video monitoring with significantly broader capabilities. The key problem is that anyone within range gets scanned whether they consent or not. There is no practical way to opt out. Researchers at the Barkhausen Institute in Dresden are working on safeguards like hardware kill switches for sensing functions and apps that notify users when environmental sensing is active nearby. But wireless standards become extremely difficult to modify once adopted. Germany has invested roughly €700M in 6G R&D with commercial deployment expected around 2030. The question isn't whether this technology will exist. It's whether privacy protections get baked in before it's too late. https://blossom.primal.net/badf6613e983da1b75d41d45299ecd324dae3ff01b07f27f65724f1f97280808.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Bitchat, the offline Bluetooth mesh messaging app, is now available as a full client on Wear OS smartwatches. Acts as a decentralized walkie-talkie. https://blossom.primal.net/afbc28a68c84d3f0e0aadeee30eb49e79ebe693d06c5745ba6ab75224839e08e.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC DCG urges Senate to pass Clarity Act before August recess: "We respectfully urge you to schedule a floor vote on the Digital Asset Market Clarity Act before the August recess." https://blossom.primal.net/4c99d619e8773517804dbfd360f7b4f7be8f42cfdf58437df086de8165e91822.png npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Sen. Ashley Moody grills Dr. Fauci on his preemptive Biden pardon: “Did you talk to President Biden and ask for this pardon?” https://blossom.primal.net/47744ac2db833a081022eb87265201f68ee1b4e5916c003b5b0572b24d828615.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Fauci invokes Fifth Amendment at Senate COVID hearing. Sen. Josh Hawley: “What day of the week is it today?” Fauci: “I decline to answer based upon my rights under the 5th Amendment.” https://blossom.primal.net/77b41e675ef05f6ed2c2edab7a589a9abcc7452b333c1cf577ba5e66fdbd36ee.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Palmer Luckey unveils the ModRetro M64: "It's an heirloom-grade tribute to the Nintendo 64, compatible with all your Nintendo 64 games, but with a lot of really cool new features as well." https://blossom.primal.net/1c9902aabcc8213ce10194454c99739c0ff5033f24aa053ecb6d706e70ab88d4.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Jim Cramer on data centers: "If you are borrowing money to buy something related to the data center, here’s what you’re going to do. Tomorrow morning, 9:30 AM, sell it. No matter what. You will not regret it." https://blossom.primal.net/3a3ec75d7336734c34fca9f11ec0c5c2bb762979da10fb4804b036baa617a5da.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Bitchat can now share its own APK offline to other Android phones via Wi-Fi hotspot or Nearby Share, no internet required. https://blossom.primal.net/a483afd33914b416378f2ad5d9dbb02a8396e9093e79b2aa7227017ea3c3d6d2.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC New York City just launched a government-backed grocery network with $70 million in public capital and a required 30% discount on a city-approved basket of staples. The city supplies turnkey sites, covers rent and property taxes, and makes annual "Affordability Payments" to cover the gap. No one has disclosed the size or formula for those payments. The $70M is startup capital, not the recurring subsidy. Average food-retail margins are 2.1%. A 30% mandated discount doesn't repeal spoilage, labor, logistics, or theft. It moves the shortfall to taxpayers. At the same time, the Department of Finance published a surcharge target roll of 959,710 property records for a new non-primary-residence tax. Owners must prove exemption with tax returns, IDs, leases, and affidavits. The city isn't just collecting a tax, it's building an administrative test for who deserves to keep what they own. One group gets a discount at the register. The other gets a surcharge notice and a demand for paperwork. Different agencies, same political logic: define the favored use, set the preferred price, force private property to absorb the difference. Free at checkout is not free. A public target roll is not neutral. New York is building the store and the list at the same time. https://blossom.primal.net/ea8dc2385065ab93cbb2497efa5630b92ec70dd85f5b4cd24015c62d1749e175.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Microsoft just released its first in-house AI built to fight cyberattacks. Called MAI-Cyber-1-Flash. It powers a team of AI agents that find and fix threats on their own, with a public tryout starting August 3 in Microsoft Defender. https://blossom.primal.net/d81da6c4d02f44adcfc327cbd106ec05bae2228fda61a33f2d0175e38af09101.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Coinbase CEO Brian Armstrong says the Clarity Act "is at the 1-yard line" amid talks with lawmakers to advance the bill. https://blossom.primal.net/e27c56817e9513803a60d7100c550c8cb503b869f0d3365aae654e192a9a6b14.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Franklin Templeton supports the CLARITY Act: “The bill would make clear how crypto is regulated. Investors would know what protections apply. Firms would know which regulators they answer to.” https://blossom.primal.net/cc3c6415c8a02392f9f22de9fdd39b583e919583c3f7158f5f937db2ba5b346a.png npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC .Erik Voorhees showing Kimi K3 running on (AskVenice) answering a prompt about the 1989 Tiananmen Square protests, uncensored. https://blossom.primal.net/206a2dbc5ca9defed3231ab3e1d2b2f9747c7bb5658ac581e5b5b6c17633984d.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC "If you're building the most important machine since the Manhattan Project, don't be surprised when the government decides it's a public good." -@npub1g0e…l966 We discuss: ⚡ The coming AI nationalization ⚡ The new choke point wars ⚡ Bitcoin's most bullish chart https://blossom.primal.net/3167b86d244f19c1cac8dd6a9e7b27adcc428f390cdd8ce78e1f6ebc06b1aaf9.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Michael Saylor calls BIP-110 "the latest outbreak of the 'I just heard about Bitcoin, and I’m here to fix it' syndrome." https://blossom.primal.net/0a5f2c1516a271e1a59093888819874d97a134cd72bca6b90720bd9bc47917f0.png npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Kimi just dropped the model weights and technical report for K3, a 2.8 trillion parameter open-weight model with native vision and a 1M token context window. 2.5x the intelligence per unit of compute. Not just bigger. More efficient. They also open-sourced the infrastructure stack behind it: attention kernels, MoE communication library, and agent environment tooling. https://blossom.primal.net/a5d16dba6c81341cd94971637158992f93152637c81a0c560cc4db236c0bae2a.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC A man returning to the US through Atlanta gave border agents a PIN to his GrapheneOS phone. But it wasn't his real PIN, it was a duress code that wiped the device clean. Now the DOJ is charging him with destruction of property to prevent government seizure. CBP claims the authority to copy the entire contents of your phone into a central database without a warrant, on suspicion alone. They told this man they didn't need a warrant. They refused to let him speak to a lawyer. They didn't read him his Miranda rights. And when he used a privacy feature, one specifically designed for situations where you're being coerced into handing over access to your device, they charged him with a federal crime. The government wants full access to your digital life at the border, and it wants to criminalize any tool that makes that harder. GrapheneOS built the duress PIN for exactly this kind of scenario. The fact that using it could land you in federal prison tells you everything you need to know about where the lines are being drawn between privacy and compliance. This case is going to set precedent. If the DOJ wins, every privacy tool that allows you to protect your data under duress becomes a potential felony. That should concern everyone, regardless of what you think about this particular defendant. https://blossom.primal.net/1cd03e53382d82818d2b6af3079b98407a015ef10abc0f125b84e5792d672b86.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC GitHub asks @npub12rv…85vg to delete the Bitchat code after India moves to ban it. He refuses. https://blossom.primal.net/2929b10f4d8a44a3db6ba8a0ca3ff05fb87b68c594a96b7936e09ae612520ef1.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Real-time inflation tracking from Truflation has US CPI at 2.11% YoY. https://blossom.primal.net/6fea7f2a83d1d41423fb9c3b11f49ce54b60a13bbac81edb6e40e6022c517bb8.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Strategy now holds 843,775 BTC and $3.75 billion in USD reserves while initiating buybacks of $STRC below $100/share. They repurchased 288,930 shares for $25M at an average of $86.52 and have $975M remaining for preferred buybacks. 2.1 years of dividend coverage secured. https://blossom.primal.net/ad7cde3f2c5a81e312031b9e8ad4ae447171414e02cae6341ada8285396a9867.jpg https://blossom.primal.net/fdff61dd91f67cfa6dd02d4d1269deae0ecf6750088a80cff7e15292553afacd.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC A federal judge ordered Meta to explain under oath how four visa holders ended up on its May layoff list. Meta's HR director responded with a 13-page sworn declaration that reveals how the company actually makes termination decisions. Some of what came out: Meta has 7 performance tiers. "Met Most Expectations" is officially below expectations. One employee with "Consistently Met Expectations," the lowest passing rating, was cut anyway. Org chart depth was a criterion. Employees six levels below Zuckerberg could be flagged for elimination. Managers with fewer than 7 direct reports were targets when the average team ran 10. One plaintiff was terminated less than two weeks after returning from maternity leave. Meta's defense: "nearly 40% of Doe 26's team was selected for termination, demonstrating that Doe 26 was not singled out." Meta explicitly denied AI was used in the selection process and says its activity monitoring tool launched April 22, after selections were "already well underway." Termination notices went out May 20. The four visa holders face a 60-day window to find a new sponsor or leave the country. The 13-page declaration never mentions that clock or what happens when it runs out. The word Meta chose, under penalty of perjury, for the plaintiffs' leave histories: "coincidental." https://blossom.primal.net/efb47c475292209aef769c038ec9fa49cd5585900e4baa50a891389c76bcb1dc.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Sen. Lummis: “90% of the spot market is overseas. 80% of the digital asset futures market is overseas.” “I don’t know if they understand how significant this would be if the CLARITY act failed and we allowed this industry… to grow overseas.” https://blossom.primal.net/bcd96ba8173c82ef6a359fa2528e036ad675f2939982405c7d18ca6e18d3df30.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Roughly 600 Claude AI conversations were just indexed by Google, exposed to anyone with a search engine, after users shared links publicly and Anthropic's crawl protections fell short. What was exposed? Crypto wallet keys, API credentials, legal strategy discussions, internal company documents with staff names and emails, and deeply personal conversations. All discoverable with a simple Google search. Anthropic says conversations are private by default and that indexing only happened because share links were posted publicly by users. They say they blocked crawlers and never submitted those directories to search engines. But technical analysis suggests interactions between their robots.txt rules and noindex signals reduced the effectiveness of those protections. Bottom line, there's a big difference between "sharing a link with someone" and having it show up in Google results. Results have largely been scrubbed as of today, suggesting Anthropic moved quickly. But removal from search doesn't mean the links are dead. Anyone who saved or bookmarked those URLs may still be able to access the conversations. This isn't unique to Claude. Similar issues have hit ChatGPT and other AI chatbots. The lesson is, treat every AI conversation as potentially public. Never paste private keys, passwords, or sensitive information into any AI chat, and if you use a share feature, assume anyone could eventually find it. https://blossom.primal.net/381d5645ee82dea2addb06c458308a6e5bdb974249de30571a8c605457e2059a.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Strategy is sitting on 843,775 bitcoin at a $75,653 average cost. Down about 15%. https://blossom.primal.net/918888543b4e85748ce0bd7f5fde3b4a039ffd426cf17c4043aa1d7fd3100520.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC "You can't have a truly capitalist system if the most important tool used to coordinate economic activity is centrally controlled." @npub1guh…6hjy & @npub1ath…4k6d on why the income inequality blame is pointed at the wrong system, and why Bitcoin fixes it. https://blossom.primal.net/9eb4c1729c1273e448bf383265454adb06e975a1ef5c9ad13143265b6309174c.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC "Bitcoin and the stock market are on a collision course. In 10-15 years, they'll cross, and everyone will have to choose between chasing fiat or going back to the castle." @npub1ath…4k6d breaks down Bitcoin's power trend vs exponential growth. https://blossom.primal.net/42eb267d7d0e4c1b7bda2b7afc0125f0b92a1cef258e60126f1d02ad3f73a9e3.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC The CLARITY Act quietly included federal protection for self-custody, your bitcoin can't be deemed "abandoned" just because it's sitting on-chain. https://blossom.primal.net/372544433c18f17f739c3e9c8a8f47bc726e16605cdffdb487eaa5a0b89011f2.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC The Fed has quietly added ~$290 billion in Treasury bills to its balance sheet since December. That's the fastest T-bill accumulation since the COVID panic buying of 2020. https://blossom.primal.net/263c9192ee68ae0d5cac5f60bf95ef955a1dbd54f9d2851f0838b50e736fbca9.png npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Frieberg's Netscape/Apache analogy, if the internet had been locked behind proprietary gates, it never would have taken off. Open-source AI means value diffuses to a million businesses instead of two or three companies. https://blossom.primal.net/18565d63963757c6edc841d6597de97d70444a84020f80a503c798720832ccab.mp4