OBS

History doesn't wait for perfection.

[OBS @seeseejee]

@osf_rekt You make me miss last summer.

[OBS @seeseejee]

This is the evidence.

[Khagan of Fiat III @niamahvigilante]

2025: Crime season in Binance
2026: Crime season in Robinhood

[OBS @seeseejee]

@0xCryptoChan 就差最后一哆嗦！

[OBS @seeseejee]

@Michael_Liu93 robinhood链已经开始burn uni了。

[Jameson Lopp @lopp]

Entropy is your friend.

[OBS @seeseejee]

@btcinsider__ @dusty_daemon The company had long been aware of this vulnerability, but to avoid affecting sales, they updated the program without taking any further action.

[beeple @beeple]

TRUTH API

[OBS @seeseejee]

A poor random number algorithm generates a limited set of random numbers, making it possible to use an ordinary computer to exhaustively search through them. In other words, it produces only a tiny fraction of the 2^256 possible numbers, and does so in a patterned way.

[Jonathan Goodman 🇨🇦 @itscoachgoodman]

$1.6 million dollars in Bitcoin was drained from my account on July 29th in the Cold Card wallet hack.

My Bitcoin was in cold storage. My keys were on a ColdCard device kept in a safety deposit box that had never been connected to the internet.

This part's nerdy, but here's what happened:

Hackers discovered a vulnerability in the part of the hardware wallet code used to create seed phrases.

This allowed them to use AI to brute force guessing seed phrases.

I was at our cottage and heard about the hack today.

"No way this affects me." I thought.

I logged into Wasabi––software that lets me view my bitcoin wallets online.

Right away I saw lines of red transaction–withdrawals–and I knew.

From 9:36pm - 9:43pm on July 29th, every wallet I had had been emptied.

18.25245043 btc gone. That's just over $1.6 million dollars CAD.

Perhaps the hardest part about this is that I did everything right.

I never shared my seed phrase with anybody. My devices never touched the internet. Everything was kept in multiple safes and safety deposit boxes.

None of it mattered. All because the hardware that created the seed phrase originally had one line in their code from 2021 that had a vulnerability.

I'm filing a police report and a report with the Ontario Securities Commission. But I don't expect to recoup anything.

A part of me is trying to make sense of what just happened. Or try to figure out a lesson in it. I'm struggling. $1.6 million is a staggering amount of money to have stolen.

I guess all that I can think about right now is that I'm so damn happy that I'm an entrepreneur and that my earning potential is under my control. Mark my damn words. I'll recover.

[beeple @beeple]

MANDATORY GRASS TOUCHING

[OBS @seeseejee]

Robinhood has created another Uniswap!

[OBS @seeseejee]

UNI Burn Tracker L1 & L2 | Dune https://t.co/7jPjtd0sXC

[OBS @seeseejee]

Deng proved it for physical waves; Nakamoto engineered it for monetary consensus. They are cousin concepts born of the same underlying philosophy, even if their formal equations live in different worlds.

[OBS @seeseejee]

@haydenzadams send it！

[OBS @seeseejee]

@colinwu agent未来就是IP电话，业务占主流，必须要凑上去的。

[Uniswap @Uniswap]

One week. $15B+ in protocol volume.

More than any other DEX 🦄

[OBS @seeseejee]

@0xCryptoChan 轻舟已过万重山？

[OBS @seeseejee]

https://t.co/oxBI8FqbVF

[OBS @seeseejee]

@saylor which suggests the bottom is not far off.

[OBS @seeseejee]

@Punk4725 @brian_armstrong yes！

[OBS @seeseejee]

@Conlamenteen The same kind of thing that happens in Maupassant’s The Necklace is repeating itself all over the world.