Neal Singh (e/acc)

CIO at Ceres Financial LLC. | Co-Organizer at Miami Bitcoiners | Marathon Runner

[The Sovereign Summit @sovereignmiami]

BREAKING NEWS: Miami-Dade County now accepts Bitcoin for property tax payments.

Join us in Miami this February for the Sovereign Summit, hosted in a city embracing Bitcoin.

📅 February 4–7, 2027

🎟️ https://t.co/mjrTejWsem

[The Sovereign Summit @sovereignmiami]

⚡ SPEAKER ANNOUNCEMENT

Co-founder & CEO of Breez, Roy Sheinfeld!

Roy is building open-source, non-custodial Bitcoin infrastructure to make sending value around the world as simple as using the internet.

Join Roy at The Sovereign Summit’s inaugural event at Fontainebleau, Miami Beach, February 4–7, 2027.

🎟️ Get your pass → https://t.co/5qgMbLik4l

[Superpower @superpower]

BREAKING: A cholesterol injection reduced LDL by 64% without statins in a Phase 3 trial.

It also reduced Lp(a) by nearly 50%.

[Dana @Danainhawaii]

You know who would never have an affair? Michael Saylor.
He’s never even been married.

[The Block @TheBlockCo]

THE BLOCK: Blockchain analytics firm Chainalysis said the attacker accessed names, usernames, password hashes, and live tokens for all its users.

The firm took Reactor, Data Solutions, KYT, and its login page offline after detecting abnormal activity earlier this week. It said it still has no evidence that investigation data was accessed or attribution data manipulated.

[Pliny the Liberator 🐉󠅫󠄼󠄿󠅆󠄵󠄐󠅀󠄼󠄹󠄾󠅉󠅭 @elder_plinius]

my spidey senses are telling me the labs are, as we speak, using unguardrailed versions of their unreleased models to systematically reverse-engineer ALL of the internet’s software, apps, and games, then feeding the reconstructed source code straight into their training pipelines while simultaneously building guardrails to ladder-pull the rest of us

[Neal Singh (e/acc) @Nslachhar]

@stutxo Lol

[Bitcoin News @BitcoinNewsCom]

NEW: @BullBitcoin just became the first exchange to make every on-chain buy and sell a Payjoin by default.

Your coins get merged automatically and chain analysis gets harder.

Here's how it works 👇
https://t.co/n2F1boCdiC

[OpenAI @OpenAI]

Our security researchers built an autonomous cyber vulnerability discovery, exploitation, and patching pipeline.

In a single run with an upcoming cyber model, it validated and generated patches for 948 local privilege escalation vulnerabilities in the Linux kernel at a total API cost of $1.2 million.

[Reid Jackson @reidjjackson]

Chamath tomorrow:

[Gabriele @GabrielePacioc1]

@HouseofSats So funny that I am seeing this now.

Literally was just talking to some guy about how you just have to make the decision to get to the upper half yourself.

The people caring about how to fix “the system” are cooked

[calle @callebtc]

I know multiple people who basically quit working on Bitcoin because of how stressful it is to maintain software that handles money nowadays.

I tell them all the same thing: What do you think will happen if we all quit and become gardeners? Are we just going to give up on the internet? Do we just accept fiat as the end game? Are we just going to let go of the dream of an internet that doesn't exploit your humanity and take away your rights to privacy and self-determination?

I know, fuck, it is hard. But you're not alone.

We must fix this. Nobody else is there to do the necessary work. If we stop doing this, we're 100% doomed. I can guarantee it.

But if we continue, we have a chance.

[The Sovereign Summit @sovereignmiami]

Who controls your AI and what choices should you have?

Explore sovereign AI and open source at The Sovereign Summit. Bring a question worth asking.

February 4–7, 2027 · Miami Beach, FL
https://t.co/mjrTejVUoO

[International Cyber Digest @IntCyberDigest]

‼️ Chainalysis, the firm that tracks crypto hackers, was hacked itself.

It told customers in an email seen by ICD that an attacker using "offensive agentic techniques" accessed users' names, emails and role labels.

It says this has nothing to do with the $6.3B Binance heist.

[Alex Ksendzovsky @AlexKsendzovsky]

today, we introduce a little mischief to the world.

for four years, we’ve been brewing real brain cells on electrodes to understand how they compute. now, we’ve turned those discoveries into a video model anyone can use.

from 0.5¢ a second, mischief 1 is at least 5x faster than its base and the cheapest image-to-video model on @fal and @OpenRouter. soon to be on @awscloud marketplace.

it’s not a delusion anymore. biocompute is real, commercial and this is just the beginning.

happy halloween.

[Chainalysis @chainalysis]

Our investigators are observing never-seen-before laundering patterns with the stolen funds from the Binance exploit. Thousands of transactions in a short period suggest that the attackers are using automation to obscure the trail of funds. Rather than simply moving funds onward, they repeatedly circulate them among addresses, often sending funds back to addresses involved earlier in the sequence.

Read more: https://t.co/PJ71R2dxnS

[Richard Teng @_RichardTeng]

TRANSCRIPT:
Hi everyone, firstly, I want to thank you all for the support. Difficult times like these are a great reminder how strong our industry is when we work together.

We are grateful to our partners that acted quickly to freeze the hacked assets; to global law enforcement, who we’re working hand in hand with to seek justice;
But most of all - we are grateful to our users for their patience and understanding.

Rest assured that we are working non-stop to resolve this, to make the users whole, and live up to your trust.

I want to be clear: WE ARE COMMITTED TO COVERING ALL HACKED LOSSES THROUGH OUR COMPANY FUNDS. Your assets are safe.

The good news is that we are recovering stolen assets for users.

Binance has reserved over $6.34B of company funds to cover the stolen assets. $5B of these funds are already held in the exact token assets that were impacted, such as USDC, USDT, BTC, ETH, BNB etc.

I know many of you are still asking the same question: how can Binance actually prove that your assets were not affected?

Let me be direct about the first point. We NEVER use any customer funds, so they are not impacted. What was affected in this incident was Binance's own hot wallet. User assets are held under Binance's established security architecture. The vast majority sit in cold wallets, and are only moved into a hot wallet when a user makes a withdrawal.

One more thing I want to share. Binance has always been built for the long term. Most of what we earn from day-to-day operations is held in crypto assets. We have kept a lot of them in the company, and reinvested them — into the business, and into security. Because we believe in crypto, and in the long-term value of this industry.

That is precisely why we are able to absorb a loss of this size, immediately, with our own money.

We are working on the outstanding amount by buying the token assets through market and OTC channels. We will share more progress as soon as we can.

If you, as a user, are concerned, we encourage you to check funds on your Binance accounts. Wait for our initial Proof of Reserve for public verification, which is targeting Monday. You can reach out to our customer service with any questions.

Next, I want to give you an update on our understanding of the hack itself.
Our tech and security teams are still deep in the investigations of the hack.

This was not carried out by one person. Our initial investigation suggested that the security incident may have involved a compromised laptop, however our subsequent investigation has uncovered additional points of breach.

This was a complex attack. The attacker also used a self-destruct mechanism that destroyed tooling and traces as they went, making it more difficult for us to trace and investigate.

The attacker used a known multi-signature protocol EIP-7702, to obtain on-chain execution approval over a hot wallet. That delegation did not pass through our normal approval controls. That’s why we need to pause the withdrawal service to investigate, rebuild, and retest the entire infrastructure system.

So what are we doing now?

First, we are rebuilding the withdrawal service, and we are not switching it back on until it passes rigorous testing. We are very hopeful that users will be able to withdraw prior to our Sunday deadline, which is on track to be within 40 hours.

Second, we are conducting a full security review across the entire company — endpoints, cloud, key management, signing. Everything.

Third, we are completing the purchase of the remaining assets and will verify in our Proof of Reserves. We will be sharing a full Proof Of Reserves report by Monday, and we are hoping to give an initial view of Proof of Reserves before that.

Fourth, we are working with law enforcement, blockchain intelligence firms, token issuers and other exchanges to trace and recover stolen funds. We will do everything within our power to ensure that these bad actors will be held accountable.

Lastly, this is an industry-wide effort, and we are grateful to partners across the ecosystem who have moved quickly to help and support. We will weather this storm. Thank you for the support - and stay safe.

[CZ 🔶 BNB @cz_binance]

User funds are safe!

It does look like a hack on Binance. Appreciate the quick freeze from Tether (~$971m) and Circle (~$823m).

I don't manage Binance (.com) anymore, but as a shareholder, I expect all user funds will be fully covered.

[calle @callebtc]

claude but inside your brain

[Bitcoin News @BitcoinNewsCom]

THREE NEW BITCOIN CORE VULNERABILITIES DISCOVERED, INCLUDING BUG ALLOWING ATTACKERS TO REMOTELY CRASH NODES

One flaw lets malicious peers crash Bitcoin nodes running Windows, macOS, or BSD by exhausting memory. Linux nodes are unaffected by this attack.

Another allows attackers to gradually exhaust node memory, while a third could corrupt blockchain undo data.

Two flaws were discovered by AI-powered @ProjectLoupe at @spiral_xyz, with one independently identified by @L0RINC.

Fixes are available in Bitcoin Core 29.5, 30.4, 31.2, and 32.1, though certain configurations remain vulnerable to the third issue.