Good For Bitcoin

Your weekly pulse on Bitcoin innovation | hosted by @marshallmixing and @katemparkman | Live every Friday at 2pm ET

[Good For Bitcoin @goodforbtc]

Strike named its new savings buckets "Stacks," and when Brandon pointed out Stacks already exists, a Strike team member called it an affinity scam.

Plus Treasury withdraws the unhosted wallet and mixer rules, the CFTC builds a federal crypto license, and Robinhood buys Bitcoin ↓

On the show, @marshallmixing and @katemparkman get into:

• @strike launched Stacks, savings buckets for your Bitcoin. When Brandon pointed out @Stacks already exists, a Strike team member called STX too irrelevant to be a brand conflict.

• Strike also now pays 3.6% interest on cash, paid out in Bitcoin, FDIC insured, no minimums or maximums.

• Treasury withdrew FinCEN's unhosted wallet and crypto mixing rules. A win for self-custody and privacy, years in the making for Coin Center.

• The CFTC proposed its first crypto market rules, aiming for one federal exchange license instead of 50 state ones. Clarity without the Clarity Act.

• The US government moved 12,000+ BTC, likely a Bitfinex-hack custody shuffle, and Brandon tells the story of meeting Razzlekhan.

• Tampered Ledgers from a third-party reseller cost buyers around $86M. Buy direct, or use multisig.

• OKX filed to trade tokenized shares of 63 US companies 24/7 and raised at a $25B valuation.

• Vibewatch: 300+ AI-agent payments over x402 during the Vibe Index, and a repliability score in closed beta.

• @Xverse closed a round from Draper Associates and Trust Machines.

• Treasury tracker: @strategy at 848,000 BTC, @Metaplanet +1,000 after 11 weeks off, @strive +2,000, @cfosilvia sold 165, and Robinhood joins with about 294 BTC.

• Follow us @goodforbtc for clips all week.

[Good For Bitcoin @goodforbtc]

Brandon's reply to Strike's new savings feature was "I think @Stacks already exists."

Strike's @mattcrv answered that the two launch posts got 33,000 views and exactly one reply mentioning Stacks. "That's how irrelevant STX is."

[Good For Bitcoin @goodforbtc]

Brandon's reply to Strike's new savings feature was "I think @Stacks already exists."

Strike's @mattcrv answered that the two launch posts got 33,000 views and exactly one reply mentioning Stacks. "That's how irrelevant STX is."

[Good For Bitcoin @goodforbtc]

Watch the full episode:
https://t.co/y1ksN9U8ct

[Good For Bitcoin @goodforbtc]

Strike named its new savings buckets "Stacks," and when Brandon pointed out Stacks already exists, a Strike team member called it an affinity scam.

Plus Treasury withdraws the unhosted wallet and mixer rules, the CFTC builds a federal crypto license, and Robinhood buys Bitcoin ↓

On the show, @marshallmixing and @katemparkman get into:

• @strike launched Stacks, savings buckets for your Bitcoin. When Brandon pointed out @Stacks already exists, a Strike team member called STX too irrelevant to be a brand conflict.

• Strike also now pays 3.6% interest on cash, paid out in Bitcoin, FDIC insured, no minimums or maximums.

• Treasury withdrew FinCEN's unhosted wallet and crypto mixing rules. A win for self-custody and privacy, years in the making for Coin Center.

• The CFTC proposed its first crypto market rules, aiming for one federal exchange license instead of 50 state ones. Clarity without the Clarity Act.

• The US government moved 12,000+ BTC, likely a Bitfinex-hack custody shuffle, and Brandon tells the story of meeting Razzlekhan.

• Tampered Ledgers from a third-party reseller cost buyers around $86M. Buy direct, or use multisig.

• OKX filed to trade tokenized shares of 63 US companies 24/7 and raised at a $25B valuation.

• Vibewatch: 300+ AI-agent payments over x402 during the Vibe Index, and a repliability score in closed beta.

• @Xverse closed a round from Draper Associates and Trust Machines.

• Treasury tracker: @strategy at 848,000 BTC, @Metaplanet +1,000 after 11 weeks off, @strive +2,000, @cfosilvia sold 165, and Robinhood joins with about 294 BTC.

• Follow us @goodforbtc for clips all week.

[Good For Bitcoin @goodforbtc]

Strike takes a page out of @Stacks’ playbook to launch… Stacks? https://t.co/s8k2HG9MVB

[Good For Bitcoin @goodforbtc]

You put one Bitcoin into a privacy layer.
One Bitcoin comes out the other side.
Brandon wanted to know why nobody can connect the two.
Kate explained, and now they both want a privacy-for-dummies episode.

[Good For Bitcoin @goodforbtc]

Earning yield on Bitcoin usually means handing it to someone else.

@Anchorage clients can now fund a Bitcoin bond on @Stacks from their own account, earn BTC, and get the principal back at maturity.

Brandon notes Anchorage holds a federal crypto charter almost nobody else got.

[Good For Bitcoin @goodforbtc]

"Fellas, come on, logic."

@adam3us answered our Liquid joke with math: 25,000 BTC versus 0.6 BTC. Kate's diagnosis is that he isn't a full-time listener yet.

[Good For Bitcoin @goodforbtc]

What changes when the founder runs the growth arm again?

@muneeb takes over as CEO of @StacksLabs in mid-October. Kate says his focus is Bitcoin capital markets, privacy, and post-quantum, and STX almost doubled on the announcement.

[Good For Bitcoin @goodforbtc]

A simulated fruit fly brain from @FutureBit ran across 2,914 neural pathways.

Scaled up to real neurons, they say it would hash 10x more efficiently than today's ASICs.

Kate already has the mining farm. It's in her kitchen.

[Good For Bitcoin @goodforbtc]

Bitget's own systems approved the withdrawals. Attackers used zero-days in third-party security tools to write withdrawal instructions straight into the @bitget backend, so every transfer looked like it came from inside.

A $464M protection fund is why no user lost money.

[Good For Bitcoin @goodforbtc]

Strategy sold Bitcoin this summer, and its stack is already bigger than when the selling started. @strategy also bought back $152M of STRC and proposed daily STRC dividends, which Brandon reads as a fix for the sell-off after every payout.

[Good For Bitcoin @goodforbtc]

Watch the full episode:
https://t.co/xwAM8MpUQI

[Good For Bitcoin @goodforbtc]

Hackers made $387M in Bitget withdrawals look like internal transfers, and a $464M protection fund made every user whole.

Plus Muneeb takes over Stacks Labs, Anchorage clients can stake Bitcoin, and we ask whether a fruit fly brain can mine Bitcoin ↓

Today, @marshallmixing and @katemparkman dig into:

• @bitget lost $387M from its hot and warm wallets after attackers used zero-day flaws in third-party security tools to make withdrawals look internal. A $464M protection fund made every user whole.

• NEAR Intents lost about $3.8M in USDT through a bug on BNB Chain, patched it within an hour, and got the funds back.

• @adam3us replied to our clip: 25,000 BTC versus 0.6 BTC. Brandon: it was a joke, and you're welcome on the show anytime.

• @Anchorage clients can now fund a Bitcoin bond on Stacks and earn BTC rewards self-custodially.

• @muneeb becomes CEO of Stacks Labs in mid-October. Kate says STX nearly doubled on the news.

• A shielded Bitcoin white paper promises private L1 transfers with no soft fork, but the peg-in and peg-out design is saved for part two.

• Coinbase launched fixed-rate USDC loans backed by Bitcoin. Your BTC can still be liquidated on LTV or a missed due date.

• Can a fruit fly brain mine Bitcoin? @FutureBit claims real neurons could hash 10 times more efficiently than ASICs.

• Blink Wallet custodial accounts drained and made whole, plus another crypto kidnapping in France.

• Quick headlines: SoFi settles its $25B card program in stablecoins, the SEC loosens adviser custody rules, and Treasury sets a $10B federal line for stablecoins.

• Treasury tracker: Strategy at 847,666 BTC, Strive +1,107 (27,462), Capital B +13 (3,538), and Metaplanet sits out an 11th week.

• Follow us @goodforbtc for clips all week.

[Good For Bitcoin @goodforbtc]

Hide your BTC because they're hacking everyone out here https://t.co/UY1FN0QJ7p

[Good For Bitcoin @goodforbtc]

Adam Back's Bitcoin Standard Treasury Co. had regulatory approval and a SPAC deal with Cantor ready to go. Then it backed out at the finish line and agreed to pay the termination fee.

Brandon thinks @adam3us needed that Bitcoin to keep Liquid afloat.

[Good For Bitcoin @goodforbtc]

Sell your Bitcoin at a loss.
Write it off.
Buy it right back.
Stocks can't do that.

The Digital Asset Tax Certainty Act would close the loophole. Kate calls it good for the Treasury and bad for Brandon, who did it a lot last year.

[Jakob @jakob_btc]

Stumbled across this from my interview with @goodforbtc.

Nothing has changed. The economy still doesn’t work for the common man.

That’s why we believe in BTC. And even more so, why we’re building on it.

[Good For Bitcoin @goodforbtc]

The Strategic Bitcoin Reserve bill cleared a House committee 28 to 21, and plenty of people read it as the U.S. getting ready to buy.

Brandon read it. The bill locks up what the government already holds for 20 years, with no sales and quarterly audits.