Dread Pirate Redbeard ∞/21M

Drifting down the time-chain one block at a time. Talking Bitcoin. Podcast lover. Dollar cost averaged.

[Dread Pirate Redbeard ∞/21M @bitcoinbigbang1]

@pierre_rochard Bitcoin is created and protected by energy. Energy must be conservered. If debts don’t equal credits then the universe of Bitcoin fails.

[Rob Hamilton @Rob1Ham]

Bitcoin Red Team Update:

We have been working around the clock, with ~$20,000 of spend up to this point across different services. Funding is secured, I appreciate all the gestures for donations but it is not necessary. The bill is taken care of.

We have done over a dozen disclosures up to this point, with 150 repos scanned. The hardest part is coordinating to get things to the right people (thank you @danielabrozzoni for the help)

I have a first pass on a bitcoin red team agent harness which only requires an @opencode zen api key, makes it easy for us to use K3 for the actual heavy lifting and then GPT Sol + Fable/Opus + GLM5.2 for supporting documentation.

While it is powerful, having found critical issues, I would view this as only version one. There is a lot of iteration I'm looking forward to improving on.

Our goal is to open source the harness so it can be pointed at internal repositories for insights so the hardening of defenses can go deeper than the code which is made public.

We also have been connected with OpenAi for some help so I could manage getting the @OpenAI Cyber Harness running as well (thank you @lylepratt ). Its a much more expensive scan, but well worth it for load bearing portions of the bitcoin ecosystem and has already yielded good results.

Goals for tomorrow are scale in processes and systems so we can do a better job and automating full end to end functionality to get humans out of the loop for the heavy lifting. The first mile (requests/staging) and last mile (handoff of reports) are the choke points right now.

Thank you @stutxo @callebtc @benthecarman @thesimplekid and so may more.

[Dread Pirate Redbeard ∞/21M @bitcoinbigbang1]

BREAKING: HODL found his twitter phone.

[AMERICAN HODL 🇺🇸 @americanhodl8]

The idea that we were plugging this stupid fucking piece of shit into a 9 volt battery in order to mitigate extremely esoteric NSA level electromagnetic attacks meanwhile it had worse entropy than a fucking trezor one is just… bro WTF are we kidding with this shit???!

[Dread Pirate Redbeard ∞/21M @bitcoinbigbang1]

I bought an MK3 and a month later it was depreciated. Now finding out I just set money on fire to buy a python random number generator. Coldcard experience so far is not great…..

[calle @callebtc]

⚠️ ONGOING ATTACK ON COLDCARD - ACT NOW ⚠️

If you're a COLDCARD Mk3 user (your coldcard has no USB-C yet) you must MOVE FUNDS off the device RIGHT NOW.

Seed phrases generated on the COLDCARD Mk3 are insecure.

Move all funds to a secure hardware wallet. Call your trusted Bitcoiner if you need help.

This is not a drill. I know people affected by this. Share widely.

[calle @callebtc]

⚠️ ONGOING ATTACK ON COLDCARD - ACT NOW ⚠️

If you're a COLDCARD Mk3 user (your coldcard has no USB-C yet) you must MOVE FUNDS off the device RIGHT NOW.

Seed phrases generated on the COLDCARD Mk3 are insecure.

Move all funds to a secure hardware wallet. Call your trusted Bitcoiner if you need help.

This is not a drill. I know people affected by this. Share widely.

[Steve Lee @moneyball]

@COLDCARDwallet Further analysis shows other models affected as well https://t.co/9Auz0dffZW

[COLDCARD @COLDCARDwallet]

COLDCARD Mk3 Security Advisory

If you generated a seed on a Mk3 after firmware 4.0.1, your funds may be at risk.

Mk4, Q and Mk5 are not affected based on our early analysis.

Read the advisory and migrate carefully:

https://t.co/3vgPHOjMS7

[Dread Pirate Redbeard ∞/21M @bitcoinbigbang1]

@DavidSacks Selecting a front-end benchmark and letting people assume it means more is bad faith. Great at UIs ≠ lead in recursive self-learning toward AGI. China is still behind. That being said, only hold a model up for stepwise improvement.

[Magoo PhD @HodlMagoo]

@TFTC21 @APompliano Ye let’s trust the guy who told everyone to put their Bitcoin into BlockFi with our entire financial information lmao

[Dread Pirate Redbeard ∞/21M @bitcoinbigbang1]

If we hang out in the $50k range for 60 days that is going to break a lot of people.

[Radu ⳩ XiXi ☦️ ☸️ ☯️ ⚡️ ⭐️⭐️ @LizardWizardBTC]

May 12th bearish revision:

$47,589 BTC on 08-22-2026 and MSTR probably below $80

[Sparrow Wallet 🐦 @SparrowWallet]

Unless @Apple's decision to terminate @craigraw's Apple Developer account is reversed by June 30, all new installs of Sparrow will fail, and development on macOS will end. If you value Sparrow, a repost would help. @AppleSupport

[Dread Pirate Redbeard ∞/21M @bitcoinbigbang1]

@BTCsessions @umbrel @Tailscale I don’t think you can do this on umbrel easily.

[Dread Pirate Redbeard ∞/21M @bitcoinbigbang1]

@TheBTCTherapist 2017 bull market vibes.

[Dread Pirate Redbeard ∞/21M @bitcoinbigbang1]

@ICOffenderII @NEEDcreations

[Dread Pirate Redbeard ∞/21M @bitcoinbigbang1]

Extremely bullish short term. STRC buying approaching the 15th will take us into the 85-95k range.

[Dread Pirate Redbeard ∞/21M @bitcoinbigbang1]

STRC is set to hit par this week and BTC buying will commence. Let’s see if that can push us up into the $80k region and stay there until next month’s STRC cycle.

[_Checkonchain @_checkonchain]

Bitcoin is testing the $80k region, where many expect a textbook bear flag breakdown. However, the structure has already deviated from typical bear flag behaviour, and the setup is becoming less clear-cut.

In our latest newsletter piece, @_Checkmatey_ examines why this may not be a true bear flag, and how to navigate the current “hardest phase” of the bear where both bulls and bears get tested → https://t.co/4A6zkG1oMw

Some insights explored in the piece:

- Typical bear flags resolve within weeks, but this structure has persisted for over 12 weeks
- Price is now pressing into the $80k–$85k zone, the first major line of bear resistance
- Around 28% of the Realised Cap has changed hands near the lows, exceeding prior bear floor thresholds
- Derivatives positioning remains heavily short, even as spot demand and ETF inflows strengthen

[Dread Pirate Redbeard ∞/21M @bitcoinbigbang1]

A novel way to get scammed out of Bitcoin.

[Yuval Adam @yuvadm]

1/ Project Eleven just awarded 1 BTC for "the largest quantum attack on ECC to date", a 17-bit elliptic curve key recovered on IBM Quantum hardware. I replaced the quantum computer with /dev/urandom. It still recovers the key.

[Bruce Fenton @brucefenton]

Trump says he agreed to a two week ceasefire.
Which means that Israel will violate it and unwind a chance at peace within a few days. Like clockwork.

[Dread Pirate Redbeard ∞/21M @bitcoinbigbang1]

@LizardWizardBTC @PunterJeff is now the time to start looking Leaps? Or we wait for mnav to go negative?

[Dread Pirate Redbeard ∞/21M @bitcoinbigbang1]

We need to hit 58K before we can go higher. I don’t make the rules.

[Dread Pirate Redbeard ∞/21M @bitcoinbigbang1]

Stand Up for Freedom: Pardon the Innocent Coders Jailed for Building Privacy Tools! - Sign the Petition! https://t.co/zAJ26FlnBG via @CdnChange