Good evening.
To everyone reading about the $5.9 billion Binance hack and declaring cryptocurrencies and Bitcoin dead, two things:
1) Bitcoin itself was not hacked, an exchange managing cryptocurrency wallets and holding the keys was hacked.
2) Former CEO CZ says that he expects Binance to fully cover the losses with their $144B balance sheet.
This event in no way shape or form exposed or impaired the Bitcoin network.
Have a great night.
$1 TRILLION ANTHROPIC CEO WAS PUBLICLY CHALLENGED TO HACK A WALLET HOLDING OVER $8,000,000 WORTH OF #BITCOIN
BITGO CEO PUT 100 BTC IN A WALLET AND SAID:
"ENOUGH WITH THE ‘WE CREATED A HACKING MONSTER’ GAMES"
"DO IT FOR REAL. GO GET IT"
MONTHS LATER, THE BTC IS STILL UNTOUCHED
AI CANNOT HACK THE STRONGEST MONETARY NETWORK IN THE WORLD 🔥
JUST IN: SWISS HEDGE FUND MANAGER RICHARD BYWORTH JUST SAID THE US IS SECRETLY BUYING MORE #BITCOIN FOR ITS RESERVE
"SCOTT BESSENT IS A HEDGE FUND MANAGER"
"HE'S NOT TELLING ANYONE UNTIL HE'S FINISHED BUYING"
AMERICA BUYING BTC
BULLISH 🚀
No matter how farfetched the idea might be of the Treasury Department repricing its gold to create cashflows out of thin air, even a remote possibility that desperate governments will do desperate things is a reminder to always have real assets in the portfolio. On that note, I continue to be impressed by Bitcoin’s resilience. I think it will be eating gold’s lunch for a while, although I remain bullish on both.
JJUST IN: China's crypto rollout will trigger a Bitcoin supercycle, says former UBS Asia Investment Bank chief. 🚀
"They are using Hong Kong to test how to implement and manage it."
👉 $200k BTC secured?
In this week’s video:
Why rates and breadth are just the latest noise distracting investors from the bigger shifts underway.
Why consumer AI agents are the next major inflection point in compute demand.
Why crypto rails are needed as agents become economic actors.
And the question to think about for the next AI disruption:
Is the Bankpocalypse beginning?
Watch:https://t.co/DiEREaRpFr
JUST IN: A DEVELOPER JUST BUILT A DEVICE THAT SENDS #BITCOIN THROUGH APPLE'S "FIND MY" MESH NETWORK WITHOUT AN INTERNET CONNECTION
WE ARE ON THE VERGE OF MASS ADOPTION
BTC TECH IS ADVANCING AT WARP SPEED
FUTURE OF PAYMENTS IS HERE 🔥
by: @zeugmaster_