Reddit Posts
The Liquid Network "white hat" hack is now an extortion negotiation happening in public via OP_RETURN. Here is the full timeline
The Liquid "white hats" just went from "contact us on chain" to "pay 10% or your holders eat 15%." Walk through the whole OP_RETURN thread and what it means for L2s
Liquid Network hit by ~$320 million Bitcoin exploit
LND vuln, rawtr(), ecosystem software - Bitcoin Optech Newsletter #419
Crypto arbitrage is not the free money everyone pretends it is
Coldcard Users Reported Instant Drains Years Before July 2026. Here Are the Receipts.
Inside Bitcoin's 165 Million UTXOs: Five Surprising Results
Coldcard hacker address receiving several messages via OP_RETURN
COLDCARD Hacker receives money laundering offer via OP_RETURN message
COLDCARD, CLN disclosures, zk proof of reserves - Bitcoin Optech Newsletter #416
I'm building a protocol that lets Bitcoin wallets self-declare "financial" vs "data" transactions -no consensus change needed
A very balanced article about BIP-110 by Jason Hughes - VP, Development and Engineering at Ocean Mining, yes the pool signalling for BIP-110
The 55% Trap: How BIP-110 Threatens to Fracture Bitcoin.
SlowCoin-A fully decentralized currency
Bitcoin's ZK Awakening: The Cryptographic Death of the Altcoin Scaling Narrative.
Mentions
OP moves from exchange to cold wallet and thinks he's hidden now.
since OP only posted a link: **Importance:** ⭐⭐⭐⭐☆ — another serious **privileged-key / bridge-security failure**, with one compromised authorization path apparently exposing multiple related AI-crypto projects. * **What happened:** The same attacker cluster drained about **8.72 million FET (\~$1.5–1.6M)** from Fetch.ai's Ethereum TokenConversionManagerV3 and received an unauthorized mint of roughly **408.5 million NTX (\~$450K)** from NuNet. On-chain investigators link the incidents through the same recipient wallet. * **How the FET attack worked:** This wasn't primarily a cryptographic break. Fetch.ai's `conversionIn()` reportedly accepted authorization from a **single ECDSA signing key**, while lacking an amount-limit check found elsewhere in the converter. Once the attacker possessed valid signing authority, one transaction could release the converter's FET. * **Why NuNet matters:** Just 28 minutes later, NuNet's deployer minted **408.5M NTX to the same receiving wallet**. That strongly connects the incidents operationally and suggests compromise of shared or related privileged infrastructure rather than two random smart-contract exploits. The precise route by which the attacker obtained those privileges is still under investigation. * **Market impact:** NTX collapsed by more than **70%** and reached a record low, while FET fell only about 5% amid a broader crypto selloff. Much of the proceeds were converted into approximately **546 ETH (\~$1.44M)**. * **Bigger picture:** September's reported crypto-exploit losses now exceed **$333M**, although the previously discussed \~$320M Liquid Network incident accounts for the overwhelming majority. # Bottom line This looks less like **“Fetch.ai's blockchain was hacked”** and more like a dangerous architectural weakness: **high-value operations ultimately trusted privileged signing credentials without sufficient independent on-chain safeguards.** The cross-project aspect is the bigger warning. If one compromised backend/key could authorize operations across multiple related ecosystems, the real blast radius may extend beyond the \~$2M initially reported.
And.... it's gone. The BTC Reddit sub will almost certainly delete this post, OP. Why? I dunno. They keep deleting conversations we're having about. fucking. Bitcoin. Who cares if it's about speculation! That's what BTC is about!! It drives me crazy.
No it’s just vibe coded garbage by OP who’s advertising it to sell sign ups to morons
Hey, OP. Fuck you and fuck this post. Take the word crypto out of your fucking mouth in this subreddit.
You weren’t saying that in your original post OP. Are you ok, hun?
No point in explaining. OP is new and/or resistant to process information
You mean "irrational bullish confidence" like OP?
Huh? If you obeyed the cycle you'd have basically sold the top. If you obeyed the cycle now youd be buying next week. You'd be pretty freaking happy. If there is any cop its OP
OP confusing cryptocurrency for bitcoin. Sad. Many such cases
Technically possible, but highly unlikely. It would be unusual to spread your 1 Bitcoin across multiple addresses, but more usual to own access to multiple addresses with more than 1 Bitcoin. I think the number is much lower than implied by OP.
4 year cycle is still playing out, this was a bear year. OP is bashing people for speculating on price while claiming they know what’s gonna happen? Fucking hypocrite. We could still have a new low, nobody knows! I’ll also add that any smart bears were buying in the 60’s anyway just incase. Don’t automatically assume everyone is trying to time a bottom to go all in.
"Addresses with more than 1 BTC in them > individuals with keys to these addresses" doesn't prove their point. OP and the author of the tweet claim it's rarer to own one Bitcoin than it is to have one's own Wikipedia page. We don't know how many people hold one Bitcoin, but it's possible that the number is as high as 2.4 million so it's possible that there are more people who own 1 Bitcoin than there are people who have their own Wikipedia page.
OP is about to get scammed or robbed
I was referring to 20 years ago when I was 23. If you account for inflation, 10k back then is 50k now, so it tracks. And this OP is far from "bright". Haha
I was in college and had plenty going for me but I had no net wealth at all at 23. OP you are definitely not ruined at all here. I’ve seen people go from six figures to pennies on wallstreetbets. Maybe you just learned crypto is not your thing. Big deal. I’m gonna sound like a dad here but at 23 yrs old and 30k in the bank you got the whole world ahead of you. Could get yourself educated or learn a trade and be totally financially stable whole way through with a good job/career.
I think you should all stfu and DCA. Especially you, OP.
Because OP bet the house and can’t accept that sometimes its up sometimes its down.
I think OP is coping. I’m sure Ben doing well for himself, dude has a whole platform to sell indicators and has been in the market for at least two cycles. Relax and stay on your lane
Thanks for the analysis OP. These are the questions we should all be asking. Ignore the regards slamming you
Yeah OP, I know that coming here slinging this kind of talk gets you cold stares but, yeah, you basically nailed it. If BTC was even a fraction of what it was supposed to be we'd be well ahead of where we are by now. I think what this stagnation really means is that there's a lot of people not willing to sell and a lot of other people not willing to buy with this net result. Every so often some players try to shake things up looking to see which side blinks first, gets bored and taps out.
Honest question to OP, what is the point of this AI stuff? Are you a real human writing the prompt or do you farming for something. Please explain the scam here.
> I'm not sure how they could lock your funds , since they literally give you, your seed for you DeFi wallet. Fantastic! All this worry over nothing. Drop OP a little message to let him know that his $115K is safe and sound. You might also want to get in touch with all the other people who mistakenly thought they got scammed [here](https://old.reddit.com/r/Bitcoin/comments/1wjqobb/blockchaincom_blocked_my_wallet/pakqfcr/).
We have clarity that OP is special
It’s not just ETFs, and what you’re saying has been true since almost the beginning. Back in the day, MtGox held bajillions of bitcoins in a single address representing all of their customers. OP’s dude would say “omg one guy holds millions of bitcoins and nobody else has more than one bitcoin” when in fact the “logical ownership” is far more spread out. This whole thread is predicated on nonsense. Single individuals control multiple addresses and single addresses can represent multiple individuals’ coins, and that’s always been true. Any attempt to tie individuals to addresses is effectively drivel, especially when *best practice* has always been to never reuse addresses
Why not just let people get excited? What's the harm to you, OP? To add, if they're new to the space, it's exciting to see positive movement, no matter the percentage.
OP's comment history -38 says it all really.
>If you sell and re-buy shouldn't be any tax implications Wrong. Really, really wrong. Please refrain from giving advice on a topic that you have no idea about, especially if it's advice that will get OP into actual trouble.
I mean, did OP read our rules?
The entire post is made under the assumption that the people who stated the decentralization points are THE SAME people who are supposedly dumping. There are millions of people buying crypto, likely even tens of millions. OP should be asking themselves if they are "really that stupid", cause it seems they are.
That's the problem, he's relying on strangers online instead of doing the research himself to form his own opinion. Not sure who's dumber here, you or OP.
This is actually really important and useful advice for OP
Looks like OP has a lot of Bitcoin👀
The bottom is not going to sub $50k according to OP?
*> manipulated trash* my brother in Christ everything in a market is manipulated. the disagreement is what makes a market in the first place. i believe OP is talking about what Bitcoin represents in a world full of fiat debasement. when you measure BTC against what it buys, and not against dollars, you realize the true value of a provably scarce form of money. not to mention permissionless, decentralized, and practically divisible. nobody gives a shit about when you bought or sold, and neither does Bitcoin. but one thing’s for sure, the downfall and collapse of fiat is inevitable. read The Bitcoin Standard and you’ll realize why holding zero bitcoin may not be the best strategy.
Fair point. N=3 is technically enough sample size to start a crypto cult, but I appreciate that you're using it for descriptive analytics instead of price target hopium. Refreshing post, OP.
Guaranteed OP will do exactly this
I estimate that OP is at least twelve years old.
It’s common knowledge around here that OP is regarded
Funny how much this changed in half a day. STONK had the more exciting chart when OP posted, now the pullback is doing a pretty good job of showing why monitoring matters. PONS still having roughly 30k more holders is hard to ignore.
There's a useful distinction that every one of these regulatory cycles seems to bury: laws act on the on-ramps, not on the protocol. BitLicense in 2015, the exchange licensing regimes, the ETF approvals and their custody rules — all of them changed how people access bitcoin; none of them changed bitcoin. The issuance schedule doesn't read legislation, and finality doesn't check jurisdiction. So the OP's framing mostly holds, with one amendment: ignore the noise, but don't ignore the access layer. The risk was never that a bill rewrites the money. It's that your particular ramp into it gets narrower. Plan around that, and the rest is the same movie with different extras.
Good thing OP isn’t looking in München, but thanks for interjecting.
The post got removed due to OP editing it about one hour ago. That's what spammers usually do and Reddit (not us, nor the automod), removed it. I had to manually approve it. I'm still not sure about the "disclaimer". OP is now running Bitcoin Core while just a month ago, Core was apparently compromised https://www.reddit.com/r/BitcoinKnots/comments/1vjh390/comment/p2nvt5q/
This is the part that keeps getting flattened into "regulation good vs regulation bad". Codifying classification means it stops flipping with every new SEC chair, and that cuts both ways: you also lose the ability to undo a bad definition with the next appointment. I'm with OP that daily headlines shouldn't move anyone's long-term plan, but "noise" and "the statutory definition of what my asset legally is" really aren't the same category of thing.
OP is correct. The Clarity Act is in a long line of things I consider it to be noise. A few weeks or months from now people will understand that to be the true.
Yup. Your suspicions about OP's influences seem correct, more insight on his chat history [downthread](https://old.reddit.com/r/Bitcoin/comments/1wggizj/technical_idea_transitioning_from_minerruled/p9wym50/): > I see that have not learned how Bitcoin works since you last posted about [a hyper-advanced backdoor mechanism that Satoshi built into Bitcoin to delete the network and all of the coins at will](https://old.reddit.com/r/Bitcoin/comments/1f2ooa6/alternate_theory_on_btc/)... > I highly suspect that you've fallen victim to some shitcoiner propaganda. Viewing your post history has confirmed my suspicion. I see that you've been watching shitcoiner propagandist videos on YouTube, you're active in a shitcoin subreddit & a shitcoin disсоrd, and you've been guzzling down shitcoiner propganda. > Instead of using ChatGPT to try to come up with ways to change Bitcoin's consensus rules because you fell victim to shitcoiner propaganda, you should try to get an understanding of how Bitcoin actually works. I recommend you to read the book Mastering Bitcoin by Andreas Antonopoulos or at least just watch some Andreas Antonopoulos videos to get started.
It's like calling Black White, and it's endemic in our culture now. OP probably just came here just to sell some of his lazy AI art.
the screenshot suggestion matters, but OP should also check whether the withdrawal ever hit the chain. If there is no transaction ID and every miner vanished, support needs to explain whether the hold triggered a migration or a manual account reset
No I don’t think so, but OP asked about crypto specifically here
Listen up newbs, this is what's going to happen: OP establishes how he has a gazillion bitcoin in this wallet, but he can't remember the password. Maybe partially, but ... ah.. no, no chance. But, dear reader, YOU HAVE AN OPPORTUNITY HERE. For only a very small amount of bitcoin compared to what's stored in this Satoshi-era wallet, you can purchase it and try to crack it yourself.
Ad for what? It's not apparent from the post what product OP is trying to sell. Are people expected to look at their profile to figure it out? Just curious.
OP deleted the paragraph about promoting his book after comment backlash.
It was an attempt at a joke. I was trying to make fun of OP.
OP: I am staying here for the fundamentals and will never sell. This is the future of tech and innovation!!!! Also OP: loooooook at the price!!!! Everyone else: what is this token even?
Informative chart. Appreciate OP posting this.
Important in what sense? You're not OP but you also either don't understand what he's trying to ask or can't articulate it in a way that makes sense. What's more important, 10 or 100? What if each are divided by 10, then they are proportionally the same. What is the context??
Ignore DMs OP. Anyone trying to talk to you in private about crypto, trading or investing is trying to scam you.
This thread is a month old. Nobody is reading this. > OP your post was fine and I actually found it helpful. Is today your first day on the internet?
Came here to say this. Well said. It seems OP is mistakenly spreading some anti-free market sentiment.
OP, I don't think crypto is for you if you can't see the upside at this point. >Does anyone see any real catalyst for crypto in the future? Still plenty of adoption that hasn't happened yet, tokenization is just getting started, stablecoins still growing, spending with crypto is getting far more popular, onchain collectibles popping off. Crypto is still banned in China, India still has inhibitive taxes on it, there are a lot of international catalysts. CLARITY Act may actually pass finally. >It's been floundering recently and now with AI and quantum computing, what's the real use case for crypto? Use case is the same as it's always been, a decentralized global ledger that allows trustless transacting and processing, whether that's payments, remissions, trading, collecting, record-keeping, etc. AI and quantum don't change that. >Quantum will crack it at some point and there goes all your money with no gov or institution to back it. Crypto always has the risk that something cracks it or exploits it, at least quantum is years away and a threat we already know about. >We have a president that shills crypto and at the same time rug pulls. How can general public ever adopt and trust it? You're conflating a memecoin with the tech underneath it. I don't need to trust Trump for crypto to work, he can't dictate how it works, the code dictates how it works.
OP does not actually care about the answers. OP is just an engagement farming spam account for CoinGate.com Below are links to the posts that OP has previously posted in r/Bitcoin (they've since deleted many of them). https://www.reddit.com/r/Bitcoin/comments/1k24wxy/giveaway_win_2x_10_gift_card_vouchers/ https://www.reddit.com/r/Bitcoin/comments/1mvbgwt/if_bitcoin_became_legal_tender_in_your_country/ https://www.reddit.com/r/Bitcoin/comments/1ndbn44/giving_win_steam_gift_cards_in_a_flash/ https://www.reddit.com/r/Bitcoin/comments/1su9obr/how_many_of_you_actually_use_a_hardware_wallet_vs/ https://www.reddit.com/r/Bitcoin/comments/1tkg29v/happy_bitcoin_pizza_day/ https://www.reddit.com/r/Bitcoin/comments/1tuof1v/bitcoiners_what_would_make_you_actually_spend_btc/ https://www.reddit.com/r/Bitcoin/comments/1vyuhlv/a_lot_of_bitcoin_discussion_focuses_on_price/ https://www.reddit.com/r/Bitcoin/comments/1w584hm/besides_price_what_bitcoin_metric_or_development/ https://www.reddit.com/r/Bitcoin/comments/1w5850u/besides_price_what_bitcoin_metric_or_development/
Also, any platform that existed years ago would no longer be active. If he really did have funds on an OG platform such as Bitstamp, it would take more than an old email to reactivate the account. OP is full of shit.
Yes this would be great to see the OP’s OP for sure - thanks very much & cheers 🍻
Probably no correlation statistically here, but commenters posting that it's contentless are missing the point. Debt increases, the cycle moves on. That's what's salient here. Good post, OP.
OP is confusing different brands of signing devices with Bitcoin security. You should not entrust any device or collection of devices with Bitcoin security. The seed phrase itself is the entire basis of your security. This seed phrase should be rolled on your own. Do not trust any RNG despite the great marketing rhetoric of each manufacturer. Use signing devices for spending Bitcoin and for the one time you need to compute your checksum(s). SeedSigner is a great signing device and the only one you need even for multi-sig. If you have a securely generated seed phrase, it matters little which reputable air gapped signing device you use.
This is the part of the decoy In reality, OP has no decoys
It can also go up the down the up then up then down then down then down again then up. OP did right. But only because with those+19% gains he bought a huge cake
lol. It was a joke. OP said reading experience when clearly he meant recent experience.
The bug was introduced by a security fix on August 3rd. The problem was obvious: I asked AI to do a code review of this fix and it found the exploit in 3 minutes. This could of course be that the AI has already absorbed this information from the web, but when I asked the AI for similar exploits it only listed 7 similar exploits in the last 20 years. I believe I would have been able to spot this bug myself, but it's hard to say this in hind-sight. The security fix in August was silently introduced and probably only a small circle was reviewing it in secret. Ironically the bug it fixed was far less critical than the bug it introduced. Before, the worst an attacker could do was a consensus split (validators would accept an invalid but mostly harmless block). Thanks to the flaw in the patch the attacker could create an invalid block that spend 0.1 BTC sending -4000 BTC to an OP\_RETURN and 4000.1 BTC to himself as the change. This is a bit a security conundrum. The more eyes you have that review code changes the more likely you find bugs introduced by your change. But if the code change itself is a security fix, you don't want to have too many eyes on the code and probably not let a commercial AI review the changes.
OP it depends which country you are from but for most countries spending crypto will trigger a capital gains tax event which is why so few people actually spend their crypto.
This is exactly the issue OP wanted to discuss, Bitcoin has an awful lot of positive potential, just because its a reform policy doesn't automatically make it bad. We need the new finacial tech asap. Access to Bitcoin should be a human right , its an important change to stop the banks having the power to debank you.
The OP\_RETURN part is the wild bit. Negotiating a ransom on a public, permanent ledger means every message either side sends is timestamped evidence, and both of them know it while typing. "White hat" is also doing a lot of work here - it tends to be the word people use during the negotiation and quietly drop depending on how it ends. Thanks for putting the timeline in one place.
Fair point, the title does frame it that way. But read the body and the OP is really describing abnormal non-reaction as a signal to investigate, not saying stagnant coins are inherently useful. The title is just catchy phrasing. There's a difference between 'not moving means something interesting is happening underneath' and 'not moving itself makes a coin useful.'
Hi, clone of OP. Better stfu in crypto space
OP either has 80 IQ or 120 IQ. Either they have absolutely no understanding of how inflation is calculated and spread pictures they see or they have maliciously posted this trying to manipulate people who are too dumb to know how inflation is calculated.
You're totally right, and thanks for making me think deeper on this. To be clear, the government already knows 100% about my money, including my bitcoin. i don't keep anything on exchanges today, but every satoshi I own was bought through one. The OP’s post got me reflecting. I've read the whitepaper and Satoshi’s old Bitcointalk posts, and it feels like we've drifted far from the original blueprint. When ordinary people could mine on a PC, you had a truly decentralized on-ramp into digital cash. Satoshi foresaw industrial mining as soon as GPUs entered the game, then came ASICs... and what’s next? Today, the reality for everyday working people is choosing between government surveillance or trusting a random stranger. And that "trust" is my whole issue. The breakthrough of Bitcoin was solving double-spending to create a trustless system. Traditional finance needs heavy regulation precisely because humans can't be trusted, relying on centralized custody and clearing houses. If Bitcoin's essence is "don't trust, verify," why are we back to taking risks on human trust just to buy it? I'm just an everyday user trying to reconcile the original vision (a non-inflationary, trustless digital currency outside state control) with our current reality (a speculative asset where most people are stuck holding on exchanges). It's genuinely complex.
OP basically just pasted Silbert's LinkedIn bio. The actual transparency gap is whether ECC or the Zcash Foundation quietly handed out private OTC advisory allocations with no vesting disclosure, not whether Silbert used to work at Goldman.
I get that utility gives people a reason to want something. But in crypto, several tokens can offer pretty similar functions and attract wildly different levels of demand. How much of that difference would you attribute to the communities and cultures around them? I think that’s closer to what OP is getting at.
There have been similar mechanics using defi for a few years. I used liquity with ethereum. There is no interest, and no repayment schedule-just pay back whenever you want. The risk is if the contract has a vulnerability, or, just like OP, if the value of your collateral decreases, it will be sold on your behalf
This absolutely won't work in favour of OP who has a stack of BTC and is trying to sidestep tax. All the NGNL does is defer a CGT charge until you end up with GBP.
Yup. Notice OP did not refute my claim about bitcoin held by Better-- because it's 100% true.
OP, good stuff. You seem to know what you’re doing. Mind if I ask you a couple of questions? So recently I created a bunch of seedsigner wallets but the words weren’t matching because I fat fingered the dice rolls on Ian Coleman. I eventually realized my mistake days later. Now I’m wondering, to properly verify my dice rolls: Is BalenaEtcher and Tails on a spare computer enough? I ordered a laptop this morning with a usb stick so I can flash tails on it hoping this is enough because I have 0 brain cells left. I think ive spent them all over the last week
Look, I know OP is a bot, so I'm writing this for everyone that's not: if Better goes defunct, declares bankruptcy, etc, there are no legal protections on your bitcoin. Even if you think this service id a good idea, it's not.
SOMETIMES its a scam. The only time it wasnt for me was on OP chain. They had some airdrop thing and i randomly got like $400. Checked and they thought my wallet “voted” for some of their shit. Anyway 9 out of 10 times its untouchable
Ah, is the issue you are taking OP overly literally? Your point is you think he transferred literally 3k?
A paid substack and likely a paid post. How’s the paid Tether payments for your PR hacks OP? https://preview.redd.it/sdnjbc91rvoh1.jpeg?width=1170&format=pjpg&auto=webp&s=c07a23107c2f60d427a801610a99660badd494a6
Tokens which aren't widely known like USDC don't get shown in your metamask. I'm unsure if the balance can be disabled in the settings check it out if you can. Or yeah just disable OP if you'll never use it
If you are referring to me, then somewhat ironically you should read up on it and look at exactly what OP said for me to say tyey were missing out. If it was to OP yer, I love the confidence in being wrong.
That's what i was alluding to, now whilat it is gighly likely OP didn't get the bitcoin at $0, you never know. It's shocking how people don't understand this but are so confidently incorrect.
Oh woops, I looked up a metric and they had BNB instead of BSC as abbreviation. Totally different values than this chart. Idk where OP got their data
nice one OP, better opportunity to buy
The entire premise of this AI self promotion is that people only care about a crypto project's joke status, and why we should buy OP's jokecoin because it's more joke than other jokecoins. No. Just no.
Great reply. For OP and readers you have to understand the context of the launch too. Bitcoin was not the first attempt at digital money. There had been multiple before that failed. There was no reason to assume Bitcoin was a sure thing when so many before it fumbled. Even many of the earliest supporters did not have the confidence we have now of bitcoin’s logentivitity.
Stop it with this fear mongering bullshit. Companies are just trying to secure the next hype funding once AI dies down. In a couple years they’ll start saying all the same things about quantum computing, “it’s going to save the world! End poverty! End hunger! We need all your money now so we can build this later!!!” The Bitcoin protocol should never decide what to do with someone’s coins ***no matter what*****.** No exceptions. If quantum computers can figure out private keys through public keys (and that is a huge ***IF***), it will not be free. It will be extremely resource and energy intensive. It’s not like every vulnerable key will be compromised within days. It will take years. This will just be the new version of mining. People will have a chance to move their funds to secure addresses. If they don’t, then it’s simply a donation to companies that want to put forth the resources to gain control of the funds. Either way; nothing about bitcoin changes. There cannot be more than 21 million and no one can obtain them without spending money, time or compute. If we freeze coins, everything about Bitcoin changes and the entire value proposition of it is destroyed. There is no justifying it. OP is either a bot or a complete moron.