K kapture

Building beyond blockchains.
Advancing decentralization through powerful tools, open protocols, and resilient distributed technology.

[Coin Bureau @coinbureau]

⚠️ALERT: Bitcoin IRA and iTrustCapital have suffered data breaches, with users targeted through social engineering attacks.

ZachXBT linked both incidents to threat actor “Tiffanny,” who allegedly stole $1.2 MILLION.

[K kapture @K__kapture]

“Bitcoin is dead boring to me at this stage.” 👀

[Bitcoin.com News @BitcoinNews]

“Bitcoin is dead boring to me at this stage.” 👀

Kaspa’s @hashdag shares his take on Bitcoin and where Kaspa, Zcash, and Solana fit into the conversation.

With @VladCostea on @BTCTKVR S17 E36.

[K kapture @K__kapture]

@BitcoinNews @hashdag @Vladcostea @BTCTKVR Agreed. From a tech perspective, Bitcoin has become more and more boring. mostly the same story every day

[K kapture @K__kapture]

🔺️10 BPS.
🔺️Pure PoW.
🔺️No premine.

Parallel blocks included, not discarded.
Toccata is live. DeFi is starting to land on Kaspa.

$KAS

[K kapture @K__kapture]

$SAND

[The Sandbox @TheSandboxGame]

The Sandbox team has identified and fully contained a recent vulnerability regarding the SAND cross-chain bridge on Base and BNB Smart Chain (BSC). The impact is minimal, representing less than 0.01% of the total SAND token supply.

SAND tokens on Ethereum and Polygon are NOT affected. No user wallets were compromised, and no action is required from holders and liquidity pool (LP) providers on those networks. The SAND locked on Ethereum, which backs all bridged SAND, is fully intact.

An attacker was able to mint unbacked SAND on Base and BSC. We have disabled bridging to and from both networks, so SAND on Base and BSC is currently isolated and cannot be moved or redeemed.

⚠️ Do not buy, sell, or trade SAND on Base or BSC. Liquidity on those networks is compromised.

We are taking a pre-incident snapshot and preparing a compensation plan for the qualified users of the impacted LPs. Affected users can reach out to official support via [email protected].

We continue to monitor the situation and are actively investigating its scope, and we will share a full incident report and detailed technical post-mortem soon.

We apologize for the inconvenience this has caused and deeply appreciate the continued patience and support of The Sandbox community.

⚠️ Reminder: Our team will NEVER DM you first. Please beware of scam links in the replies.

[K kapture @K__kapture]

With the current architecture, the only thing I can see working is some form of charity mining and even that doesn’t really exist. Miners aren’t going to keep securing the network at a loss forever out of goodwill.

The only realistic option right now is to wait for someone to come up with a genuinely brilliant idea.

At the end of the day Bitcoin is software, so it can be updated through a soft or hard fork if the community agrees.

The real problem is that Bitcoin is mostly owned by investors, not technical people.

The question is whether those investors can actually understand the security budget issue and stay open to hearing the real problem instead of just defending the current design.

[K kapture @K__kapture]

@danielkleach Claude said it would be fine.

[K kapture @K__kapture]

🔺️Heavy short liquidations.
🔺️ETF money flowing.
🔺️Policy tailwinds building.

Could be the start of a real rotation…
or just another pump before the next dump.

Volume looks solid either way.

[IzioDev @IzioDev]

The first three Kaspa Calls for Conventions (KCCs) have been published as DRAFT.

together they propose a common base for Kaspa covenants, from low-level representation to a concrete token standard.

kcc-01 formalizes the basic covenant concepts. they were already implicitly used in different forms by SilverScript, Argent and by some applications. the direct outcome is interoperability. wallets, indexers and applications can agree on how covenant state, entrypoints and templates are represented.
it also makes higher-level discussions and reasoning easier. while working on kcc-02 and kcc-20, and with community participation, we had to return several times to kcc-01 and make its terms more precise. this is also a good reason to keep it DRAFT and open for discussion for some time.

kcc-02 defines authority schemes. the need came directly from kcc-20: before defining token transfers, we need a shared way to describe who or what can authorize them. this is not limited to a public key owner. an authority can be a public key, a key commitment, a script or another covenant lineage (a covenant can be owner / governor of a token UTXO). the list of schemes is extensible, so more can be added later. for wallets, the goal is to recognize these authorities uniformly, only from the program ABI instead of learning a different format for every application.

kcc-20 is the first "concrete composer". it defines common state and transfer conventions for fungible-token covenants. an application should be able to recognize a KCC-20 token, read it and construct transfers for it. the actual program can still be written in Argent, SilverScript or directly with opcodes.

kcc-20 leaves room for token-specific extended state. an application can add its own data and behavior while keeping the base token state and transfer interface recognizable. the intent is not to make every token identical, but to keep a common interaction surface between different deployments.

kcc-20 also introduces borrowed receive and its authorization schemes. token assets are separate from KAS, but every new token UTXO must still be funded with enough KAS under Kaspa's storage-mass rules. borrowed receive allows an existing recipient token UTXO to be reused instead. this feels natural for fungible tokens because its token amount can increase while its KAS value, owner and extended state stay unchanged. the owner must first opt in and select the authorization scheme controlling when this is allowed.

the three drafts did not really happen one after another. kcc-20 showed that kcc-02 was needed, and kcc-02 required some missing definitions from kcc-01. publishing them together now allows each layer to be discussed and reviewed against a real use case.

all 3 are drafts and community participation is needed.

[K kapture @K__kapture]

Bitcoin currently processes roughly 7–8 transactions/sec.

At that activity level, miners earn only a small amount from fees compared with the block subsidy.

Today, the subsidy does most of the work.

But every halving cuts it again.

So the big question is:

Can Bitcoin stay secure at ~7–8 TPS without a much stronger fee market?

Now look at Kaspa.

Kaspa runs at 10 blocks/sec and is designed for much higher transaction throughput. Its fees are based on transaction mass and fee rates.

That doesn't mean Kaspa earns more fees today.

It means Kaspa has far more room to grow transaction demand before block space becomes extremely scarce.

Maybe the future of PoW isn't just:

Who has the most TPS?

It's:

Who can turn real network usage into enough fees to secure the network?

$KAS $BTC

[CoinMarketCap @CoinMarketCap]

LATEST: 🤖 The x402 protocol processed 14M AI-agent payments over 30 days, with Base handling 7.3M and Polygon 5.6M, per Token Terminal.

[K kapture @K__kapture]

@Bitcain21 💯

[K kapture @K__kapture]

@TheBTCTherapist 😅

[K kapture @K__kapture]

@GuoShenCN7 The one printing blocks faster than your FOMO can handle💀

[Coin Bureau @coinbureau]

🚨BREAKING: The SEC has proposed reopening public crypto token sales to U.S. retail investors, potentially reviving ICO-style fundraising.

Crypto startups could raise up to $5 million without full SEC registration or investor caps, while larger projects could raise up to $75 million annually.

The plan would also create a legal path for qualifying tokens to exit the investment-contract regime once issuers complete or permanently abandon their promised work.

[K kapture @K__kapture]

@DefiWimar 💀

[K kapture @K__kapture]

Crypto pumping

Everyone: 🚀
My brain: big f*ck small

Same market. Different damage.

[K kapture @K__kapture]

https://t.co/DeZYVqbEbN

[K kapture @K__kapture]

https://t.co/DeZYVqbEbN

[K kapture @K__kapture]

Crypto pumping

Everyone: 🚀
My brain: big f*ck small

Same market. Different damage.