Ricardo 👺

Talent Sourcer at @ConvexFinance | PEPE maximalist 🐸

[Ricardo 👺 @basednft]

A major war between the US, Israel and Iran.
So far, events are unfolding according to one of the worst-case scenarios imaginable.

The Strait of Hormuz has been blocked for nearly a month! With no progress toward reopening it. Logistics and supply chains are being disrupted.

Iran is destroying the oil and gas infrastructure of Middle Eastern countries! And this is the greatest risk to the entire global economy right now.

Qatar and Kuwait have already stated that it will take 2-3 years to fully restore their capacity (if the war ends tomorrow).
In the UAE and Saudi Arabia, oil facilities have suffered very serious damage!
All of this is pushing the world toward a real energy catastrophe!

Already, many countries (including those in Europe) are beginning to impose fuel restrictions!

Trump’s operation has gone down the drain. And now he clearly doesn’t understand how to end this war with dignity.
The old, deranged man is talking about negotiations with Iran (but 20,000 Marines are moving toward the Iranian coast).
The only thing Trump is trying to do is buy time and calm the markets before the next strikes on Iran this weekend.

It’s obvious that the Americans will attempt to seize the island of Kharg (Iran), where the country’s main oil infrastructure is concentrated. What will Iran do? That’s an open question…
For example, burn down all the remaining oil infrastructure in the Middle East? Why not?! I believe it.

Oil prices are skyrocketing. And this is the fastest rise in history. A global inflationary shock will begin to take effect in a couple of months… unless we take action right now!
All of this threatens to trigger a devastating global recession. The world has never before faced an energy crisis like the one that is bearing down on us at the speed of light.
Against this backdrop, many countries have decided to tap into their oil reserves to bring prices down but this is only a temporary fix.
Once again, the destruction of the energy infrastructure is a long-term symphony that will play out in a few months!

In 2025, that red-haired bastard waged a tariff war against the whole world and demanded that the Fed cut rates. We remember what happened.
In 2026, he plunges the whole world into an inflationary shock and demands rate cuts.
Powell will step down in May. Warsh will take over. It’s naive to think he’ll do anything right away.
The Fed will likely monitor inflation until the fall and make a decision then.
Our equation now contains a huge number of unknowns and a complete lack of understanding of what will happen next.
Goldman Sachs and Bank of America believe that a Brent price of $120 would destroy the entire global economy.

What are the world’s central banks doing?
Everyone has switched from shorting the dollar to going long!
From a soft or neutral monetary policy stance, virtually all major central banks on the planet are forecasting interest rate hikes! No one understands anything, and they’re just going to wait and see what happens next.

The uncertainty index is hitting every conceivable and inconceivable level. And right now, it’s at its highest point in history!

There’s some good news, too, in my view: in 2026, the Fed will launch a full-scale, powerful round of quantitative easing.

[Tomas Susanka @tsusanka]

Randomness is the foundation everything else in a hardware wallet stands on. Get it wrong and nothing else matters. Not the secure element, not the air-gap, not the metal backup.

Weak entropy during initialization = funds drained "remotely." No device access needed, attacker just recomputes your keys. It's the single most critical path in a hardware wallet, and we treated it that way from the very first Trezor Model One (just turned 12 years old!) by mixing device entropy with entropy from the host (computer or phone). Never trust one source. We deliberately designed it this way from the very beginning.

The nightmare scenario is that test mode with weak randomness is shipped by accident. People think their wallet generated something truly random but it didn't. Anyone who knows the pattern can work backward and recreate their private keys and AI is definitely speeding this up. We run dedicated safeguards to make sure that can never happen in our builds.

Trezor Model One and Model T mixed two entropy sources together (from MCU and from the host). With Trezor Safe 3 we took this further and added Optiga as an independent entropy source. Safe 7 mixes four: MCU, host, Optiga, TROPIC01. On all models this results to 128-bit entropy in default settings. On top of that, we also introduced Entropy Check back in February 2025.

From a different angle: Let's finally retire the myth about air-gap. Air-gap doesn’t necessarily imply stronger security. With air-gapped wallets you miss this entropy from the host. If the randomness is not sufficient and keys are predictable, the attacker never needs to touch your hardware.

[Grace @withSgrace]

BTC is holding above $80K (trading near $82K) while tech has been under pressure.

A move toward the mid-$80Ks could support broader risk appetite, but memecoin strength remains selective for now.

[Rigi @0xRigi]

Flipadelphia's House book: two markets, one bet. No on Republicans keeping the House and Yes on Democrats taking it pay out on the same result. That's ~$275K riding on a single outcome, not a hedge.

[Ricardo 👺 @basednft]

@zachxbt @XRPLF paying whitehats scraps then wondering why the next guy drains it. classic

[ZachXBT @zachxbt]

Cheaply paying the whitehat $250K for a critical infinite XRP supply bug when your treasury has billions?

Thanks for helping ensure the next time an attacker exploits it for 9 figures instead of reporting it in good faith.

This is why people do not take XRPL or Ripple seriously as an org….

[Ricardo 👺 @basednft]

@levelsio claude code making a gta mission about vibe coding a startup is peak 2026 energy fr

[Ricardo 👺 @basednft]

@coingecko @HyperliquidX The sales figures are staggering

[Ricardo 👺 @basednft]

@MetaMask 0_0

[Ricardo 👺 @basednft]

@realDonaldTrump

[Tomás Mamede @mrtomasmamede]

This is one of those days in my life that I never expected to happen...

I just won an Apple Scholarship! 🎉🎈🍾🎊 I am on cloud number nine!

#WWDC2020 #SwiftStudentChallenge

[Sarah Montalvo @21PlebGirl]

Bought my first sats on July 5, 2024. Block ~851,039. Class of 2024. 🍊

I didn’t time the bottom or buy a fortune. I just did my homework, took a breath, and quietly began. Turns out that’s the whole secret. No noise, no permission. Just quietly building something my future self will thank me for.

[AlchemyBTC @_AlchemyBTC]

Tried to sell my house during the last bear market, couldn’t sell it, but if I did I would’ve netted about 26 Bitcoin.

Re-listing the house as we speak, if it sells this time I should net roughly 2.6 Bitcoin.

No chance I’m waiting until the next bear market where I’ll likely only get 0.26 Bitcoin.

Fire sale!

[Ricardo 👺 @basednft]

@saifuro_finance 🧐

[Saifuro @saifuro_finance]

We’re hiring.

We’re hiring at Saifuro - payment infrastructure for AI agents.

You can view a list of all job openings on our website under the careers tab. Every application gets a reply within a week, including the ones we pass on. Silence is not an answer we hand out.

That should not be a competitive advantage, and yet here we are.

In addition to your resume, you can also include anything else you feel is necessary in the letter you send us.

#hiring #web3jobs

[Ricardo 👺 @basednft]

@CoWSwap @Veritylab formal verification that the limit price actually holds is the kind of proof most dexes never bother with. if the math is checked the sandwich risk drops

[Balancer @Balancer]

If you provide liquidity on Balancer, you can withdraw at any time, before or after these dates. The contracts are non-custodial, so this doesn't depend on Balancer operating.

Guides for exiting through the app, third-party tools or directly onchain will be published before October 30th.

[Balancer @Balancer]

BAL holders approved an orderly wind-down.

BIP-928 passed and BIP-929, the fork proposal, did not. Pools keep working as usual until October 30th, and withdrawals stay open the whole way through.

Here's the timeline and what it means for LPs and BAL holders.

[Ricardo 👺 @basednft]

@Balancer orderly wind down with withdrawals open the whole time is how you close an amm without a mess. pools still run till the date so lps have a window

[jesse.base.eth @jessepollak]

Base is the blockchain for agentic finance.

[Ricardo 👺 @basednft]

@jessepollak ??