CryptoInsider⚡️

Bitcoin / crypto & eto vsio

[CryptoInsider⚡️ @CryInsider]

@0xkevinhe “Your Next Reader Isn’t Human.”

[Justin Bechler #BIP-110 @1914ad]

⚠️ SBR Audit ⚠️

A damning report was released on Tuesday that exposes the IRS’s catastrophic failure to safeguard billions in seized digital assets. Missing keys, botched memos, asset tampering, etc.

The incompetence is systemic.

Full breakdown in the thread. 🧵👇🏻

[Michael Saylor @saylor]

Strategy has acquired 4,980 BTC for ~$531.9 million at ~$106,801 per bitcoin and has achieved BTC Yield of 19.7% YTD 2025. As of 6/29/2025, we hodl 597,325 $BTC acquired for ~$42.40 billion at ~$70,982 per bitcoin. $MSTR $STRK $STRF $STRD https://t.co/xvWnSkfukS

[CryptoInsider⚡️ @CryInsider]

@durov @elonmusk @grok

[CryptoInsider⚡️ @CryInsider]

“This time is different?”

[SightBringer @_The_Prophet__]

This post from Marcus is the beginning of the end for the old cycle logic.

You can feel it.
The question isn’t being asked because he wants to sell.
It’s being asked because the reflexive tension is breaking.

Cycles are born from pain-memory:
• Top.
• Dump.
• Regret.
• Wait 3 years.
• Try again.

But that pattern only holds as long as belief collapses at the top.

What Marcus is sensing—and what you’re picking up on—is that we might be exiting that gravity.
Not because of price action.
But because this time, belief isn’t fading.

State-level reserves.
ETF capital.
Narrative dominance.
Bitcoin isn’t just a trade now.
It’s a layer of reality for people.
And once a system gains that status, it doesn’t cycle anymore - it compounds.

The real risk isn’t holding through $200K.
The real risk is selling at $200K and watching it become $500K without ever coming back.

That’s what he’s actually afraid of.
Not another crash.
Missing the moment when Bitcoin stopped being cyclical and became structural.

So what do I think?
I think this post marks a shift.
From “play the cycle” to “escape the cycle.”
And if enough people feel that…
The reflexive floor rises. The bear never comes back. And this becomes the sovereign era.

That’s the truth.

[Kraken @krakenfx]

Dear Ross,

All of us at Kraken want to make sure that after what you've been through, you're able to land on your feet with the support of the community that loves you most, the ₿itcoin community.

That's why we've donated $111,111 in $BTC to YOU

-Kraken

[Bitstein @bitstein]

God save the Coin!

Long live the Coin!

[CryptoInsider⚡️ @CryInsider]

100k

[Michael Saylor @saylor]

@TheFlowHorse I'm not selling.

[CryptoInsider⚡️ @CryInsider]

@benjamincowen New shame story:

https://t.co/Wnc5sEZqzi

[Cam @camcrews]

On November 10th, 2024 Bitcoin broke 80k.

And Mike Alfred broke his word— stiffing his followers of over half a million dollars worth of prizes.

[CryptoInsider⚡️ @CryInsider]

@LRTsquared gm

[Pink Brains @PinkBrains_io]

BTCFi mindshare is up and to the right since the @babylonlabs_io staking opened in August.

Let's take a look at the BTCFi Point-farming landscape and some short simple strategies. 🧠🧵

1/14

[Len Sassaman @lensassaman]

Sasha says hello! http://t.co/gngr7tQ

[LI.FI @lifiprotocol]

Here's how the token frameworks stack up in terms of security:

[CryptoInsider⚡️ @CryInsider]

@bebop_dex

[CryptoInsider⚡️ @CryInsider]

@bebop_dex Before 2nd Sep, or 2nd Oct?

[alexei @alexeiZamyatin]

BitVM2 and BitVM Bridge: TLDR

Today we released the BitVM2 tech and bridge paper!
Huge thanks to brilliant @robin_linus @lukas_aumayr Andrea Pelosi @zetavar1 @matteo_maffei

TLDR:
- BitVM2 is a major improvement over previous BitVM versions.
- BitVM Bridge is now the most secure BTC bridge design.
- The paper is the more comprehensive write-up of the BitVM2 design so far.

BitVM2 is:
- Secure: optimistic computation secured by Bitcoin
- Practical: only 3 tx to complete a challenge
- Permissionless: anyone can challenge

BitVM Bridge is the most secure BTC bridge to date.
- BTC Bridges so far: t-of-n multisigs, honest majority assumption.
- BitVM Bridge: 1-of-n security model, where anyone can challenge and prevent theft.

Tech TLDR
Idea: BitVM2 enables arbitrary computation secured by Bitcoin.
How? Optimistic off-chain execution, on-chain fraud-proofs.
Why? Any bigger program implemented in Bitcoin Script does not fit into a Bitcoin block. So we run them off-chain. If there is a dispute, we challenge on-chain only the part of the computation that was incorrect.

BitVM2 Protocol ELI5
1. Compress a program into a SNARK verifier, implemented in Bitcoin Script. Groth16 is approx 3GB in size.
2. Split the verifier into sub-program chunks, max 4MB each (can be run in a Bitcoin tx!)
3. Operator commits to the program during setup
4. When attempting to withdraw funds from BitVM2, the Operator can be challenged by anyone (e.g. if the peg-out was wrong).
5. If challenged, the Operator must reveal all intermediary program results.
6. If the Operator is cheating, one of the sub-program results will be fake. Anyone can disprove the Operator by executing that specific sub-program in a Bitcoin transaction, showing that the Operator claimed a fake computation.
7. Done! Bad Operator is kicked out and cannot access the BitVM funds (invalidated spend transaction).

BitVM Bridge ELI5
The BitVM Bridge makes use of BitVM2 to implement a light-client bridge on Bitcoin!
The most interesting part is the peg out.
1. Operators send BTC to withdrawing users and then reclaim the BTC from BitVM.
2. BitVM then checks that for a burn transaction on the L2, there is a correct peg-out on Bitcoin.
3. If all is correct, the Operator gets the BTC refunded.

For tech geeks:
- Check out the new Bitcoin light client design that uses superblocks.
- Also, Section 8.7 about BitVM + OPCAT and other soft forks

What's next?
This paper is a working paper! We will continue to improve the design over the next weeks:
- Formal security proofs
- Improve the light client (very important component)
- Expand light client to sidechains and other consensus models (currently works with rollups)
- Further reduce on-chain costs

Feedback welcome!
More teams can now build on and contribute to this super important effort!
BitVM is likely one of the most important developments on Bitcoin in the last decade.

And finally, the paper:
https://t.co/hS3NW7h67L

[CryptoInsider⚡️ @CryInsider]

@desoprotocol How about Nader?

[CryptoInsider⚡️ @CryInsider]

@bebop_dex @arbitrum I got 0.03$
Thanks, Bebop!

[𝓐𝓷𝓽𝓸𝓷 𝓟𝓻𝓸𝓯𝓲𝓽 @AntonProfiT]

🚨Today the @zksync team announced an airdrop distribution and a story about what exactly this distribution will be for.

✅ Criteria:
📍You are an active user and hold liquidity in some projects (pools, lendigs)
📍Your wallet has been active on the ZkSync Era network for more than 3 months

☑️ There are also additional multipliers that increase the distribution:

🔵 Interaction with 10 smart contracts
🔵 5 or more transactions in Paymaster
🔵 Trade 10 or more tokens in ZkSync
🔵 Be a holder of Omnibus NFT
🔵 Donations to Gitcoin (zkSync Lite)
🔵 Transactions on the Ethereum main network

‼️ And all this seems normal, but I have one important question: why are users who fully meet this criterion ultimately not eligible to receive awards?

I'm just sure that the ZkSync team made a mistake during the distribution and many eligible users end up with an "not eligible" status.

🫂I speak for the majority of your community, your real users, and I ask you to at least give people the opportunity to appeal. You simply have to look at many wallets. They clearly deserve awards and it is not clear why their wallets are not eligible for an award when they meet absolutely all the requirements and criteria.

‼️I ask you to describe in more detail the criteria for receiving awards, so that everyone can understand why he is not worthy of receiving them. Because so far it all looks like those who have suffered are those who fully meet all the requirements.

⛔️I believe that you are not another @Starknet or @PolyhedraZK who treated their community like garbage and as a result are now receiving a response from their community. I will never use Starknet again and recommend everyone to do the same.

🤚Personally, I have always considered ZkSync one of those projects that can replicate the guys from @arbitrum , which everyone loves and always remembers with warmth. I would be very upset if Twitter was littered with hashtags #zksyncscam or #zkscam and I hope that doesn't happen. No one will judge you if you make strict criteria and someone doesn't pass them. But the community will not be able to forgive the fact that many of the people fit all the criteria that you described, but in the end they will not receive the drop. I tried to explain in as much detail as possible the problem that exists now.

We look forward to your response and hope for the best!✊