Crypto journalist ๐ŸŽง Host @unchained_pod ๐Ÿ“š Author, The Cryptopians ๐Ÿ’Œ Sign up https://xitter.cf/t.co/gf90Q5GrXy Ads [email protected]

Crypto Twitter
Joined March 2009
How eMudhra Signed for a Year With a โ€˜4โ€™ as a Private Key: Uneasy Money What happens to security schemes that quietly assumed nobody would try? ๐Ÿค– According to @kain, AI agents now will, and that thread ties together a weak CA key, two PHP bugs, and the @papertrade_xyz launch. @tayvano_ and @austingriffith weigh in on Uneasy Money. Timestamps: ๐ŸŽฌ 00:00 Intro ๐ŸŒ 02:07 Why a burst of unrelated internet-breaking bugs landed in the same 48 hours ๐Ÿ”‘ 05:13 How a certificate authority's private key turned out to be the number 4 ๐Ÿ“ง 17:47 Why revoking bad certificates runs on a literal email thread ๐Ÿค– 22:52 Kain on why schemes built on human laziness are unraveling against AI ๐Ÿ˜ 25:34 PHP to shell: two remote code execution bugs in the language behind the web ๐Ÿ›ก๏ธ 33:21 How Cloudflare is shielding unpatched PHP admin panels during the rollout ๐ŸŽฃ 36:04 Austin's $1 test: how fast bots drained a weak Ethereum private key ๐Ÿ’ผ 37:44 Nexo: Generate daily interest on your crypto or borrow funds against your assets at unchainedcrypto.com/go/nexo-โ€ฆ ๐Ÿชฃ 38:25 papertrade's 1,000x 'bucket shop' and the token you earn by losing ๐Ÿ“š 48:55 The mechanism design lessons hidden under DeFi Summer's degeneracy ๐Ÿ‹ 52:35 How DeepSeek keeps getting smarter while Kain's API bill fell to $3 a month ๐Ÿ›๏ธ 57:06 Why DHS banned DeepSeek and why Austin says local models are the safer bet โ™พ๏ธ 01:05:13 Why Kain says Anthropic gives off SBF vibes and could be 'worth infinity' ๐ŸŽฏ 01:14:23 The drained-key update: bots grabbed 10-digit keys, but 12 digits held
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Laura Shin retweeted
Introducing Bitwater: the water heater element that mines Bitcoin. It screws into the electric tank you already have. Physically decentralized mining that runs no matter what ๐Ÿงต Heat water. Mine Bitcoin. Same tank.
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Laura Shin retweeted
How eMudhra Signed for a Year With a โ€˜4โ€™ as a Private Key: Uneasy Money What happens to security schemes that quietly assumed nobody would try? ๐Ÿค– According to @kain, AI agents now will, and that thread ties together a weak CA key, two PHP bugs, and the @papertrade_xyz launch. @tayvano_ and @austingriffith weigh in on Uneasy Money. Timestamps: ๐ŸŽฌ 00:00 Intro ๐ŸŒ 02:07 Why a burst of unrelated internet-breaking bugs landed in the same 48 hours ๐Ÿ”‘ 05:13 How a certificate authority's private key turned out to be the number 4 ๐Ÿ“ง 17:47 Why revoking bad certificates runs on a literal email thread ๐Ÿค– 22:52 Kain on why schemes built on human laziness are unraveling against AI ๐Ÿ˜ 25:34 PHP to shell: two remote code execution bugs in the language behind the web ๐Ÿ›ก๏ธ 33:21 How Cloudflare is shielding unpatched PHP admin panels during the rollout ๐ŸŽฃ 36:04 Austin's $1 test: how fast bots drained a weak Ethereum private key ๐Ÿ’ผ 37:44 Nexo: Generate daily interest on your crypto or borrow funds against your assets at unchainedcrypto.com/go/nexo-โ€ฆ ๐Ÿชฃ 38:25 papertrade's 1,000x 'bucket shop' and the token you earn by losing ๐Ÿ“š 48:55 The mechanism design lessons hidden under DeFi Summer's degeneracy ๐Ÿ‹ 52:35 How DeepSeek keeps getting smarter while Kain's API bill fell to $3 a month ๐Ÿ›๏ธ 57:06 Why DHS banned DeepSeek and why Austin says local models are the safer bet โ™พ๏ธ 01:05:13 Why Kain says Anthropic gives off SBF vibes and could be 'worth infinity' ๐ŸŽฏ 01:14:23 The drained-key update: bots grabbed 10-digit keys, but 12 digits held
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What breaks when the attacker never gets bored? ๐Ÿ”“ On Uneasy Money, @kain says most schemes were built on the assumption of human laziness.
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Catch the full conversation here ๐Ÿ‘‡ xitter.cf/laurashin/status/21134โ€ฆ
How eMudhra Signed for a Year With a โ€˜4โ€™ as a Private Key: Uneasy Money What happens to security schemes that quietly assumed nobody would try? ๐Ÿค– According to @kain, AI agents now will, and that thread ties together a weak CA key, two PHP bugs, and the @papertrade_xyz launch. @tayvano_ and @austingriffith weigh in on Uneasy Money. Timestamps: ๐ŸŽฌ 00:00 Intro ๐ŸŒ 02:07 Why a burst of unrelated internet-breaking bugs landed in the same 48 hours ๐Ÿ”‘ 05:13 How a certificate authority's private key turned out to be the number 4 ๐Ÿ“ง 17:47 Why revoking bad certificates runs on a literal email thread ๐Ÿค– 22:52 Kain on why schemes built on human laziness are unraveling against AI ๐Ÿ˜ 25:34 PHP to shell: two remote code execution bugs in the language behind the web ๐Ÿ›ก๏ธ 33:21 How Cloudflare is shielding unpatched PHP admin panels during the rollout ๐ŸŽฃ 36:04 Austin's $1 test: how fast bots drained a weak Ethereum private key ๐Ÿ’ผ 37:44 Nexo: Generate daily interest on your crypto or borrow funds against your assets at unchainedcrypto.com/go/nexo-โ€ฆ ๐Ÿชฃ 38:25 papertrade's 1,000x 'bucket shop' and the token you earn by losing ๐Ÿ“š 48:55 The mechanism design lessons hidden under DeFi Summer's degeneracy ๐Ÿ‹ 52:35 How DeepSeek keeps getting smarter while Kain's API bill fell to $3 a month ๐Ÿ›๏ธ 57:06 Why DHS banned DeepSeek and why Austin says local models are the safer bet โ™พ๏ธ 01:05:13 Why Kain says Anthropic gives off SBF vibes and could be 'worth infinity' ๐ŸŽฏ 01:14:23 The drained-key update: bots grabbed 10-digit keys, but 12 digits held
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Everyone asks what their crypto is worth. Fewer ask what their crypto could be doing. ๐Ÿ’ญ @Nexo offers daily interest and crypto-backed borrowing. Thanks to Nexo for supporting Unchained! unchainedcrypto.com/go/nexo-โ€ฆ Geo-restrictions, eligibility and terms apply.
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How close is Q-Day? โณ @apruden08 told me 2030 is his earliest realistic date for a quantum attack, and @conordeegan argued "A-Day" for AI may already be here. Their shared advice: start migrating now, in an orderly way. youtu.be/LODB0G1e0Us
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1/ The OCC just finalized its rule under the GENIUS Act. Stablecoin issuers still can't pay interest. Exchange rewards, like Coinbase's 3.75% on USDC, weren't banned, but got no safe harbor.
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3/ But Coinbase's filings tell a different story about where its stablecoin revenue actually comes from, and which part the rule leaves open.
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4/ In this week's Bits + Bips premium issue: what the rewards cost Coinbase, what ending them would do, and the scenario that puts all $292 million in play. Read it here: unchainedcrypto.com/are-you-โ€ฆ
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Can anything cool inflation without austerity or demand destruction? ๐Ÿ“ˆ @austincampbell puts the question to @coinbase's John D'Agostino and @perkinscr97, who warns about a fraying social contract as protests spread across Europe. From the Bits + Bips episode with @Nick_van_Eck. youtu.be/6DO0H-1Olr4
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Crypto's lack of middlemen is usually the selling point. ๐Ÿ”‘ @apruden08 argues it's also why a cryptographic break would hit blockchains harder than banks: "there's really no wall between you and catastrophe."
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Catch the full conversation here ๐Ÿ‘‡ xitter.cf/laurashin/status/21129โ€ฆ
Could AI Break Cryptography Soon? Yes, but 'Bunker Mode' May Not Be the Solution @drakefjustin's "bunker mode" tweet put a new threat next to quantum: AI that gets too good at math. ๐Ÿงฎ @apruden08 and @conordeegan make the case that the post-quantum and post-AI migrations are the same work, and that chains should start it now. ๐Ÿ” Timestamps: ๐ŸŽฌ 00:00 Intro ๐Ÿ›ก๏ธ 02:20 Why Justin Drake's 'bunker mode' tweet adds AI to quantum as a crypto threat ๐Ÿ”‘ 06:01 What ECDSA is and why its hidden 'trapdoor' structure worries people about AI ๐Ÿงฎ 08:33 Why Conor says no scheme is broken yet, even as two cryptographic schemes fell to AI ๐Ÿ” 13:06 Matthew Green's encryption warning and why privacy chains like Zcash are exposed ๐Ÿ’ผ 17:20 Nexo: Generate daily interest on your crypto or borrow funds against your assets at unchainedcrypto.com/go/nexo-โ€ฆ โš–๏ธ 18:04 Where Conor lands between Yehuda Lindell and Justin Drake on AI breaking curves ๐Ÿฆ 25:53 Can blockchains recover if ECDSA breaks? Alex on the ETH Classic fork precedent ๐Ÿงฉ 29:59 Curves, lattices, isogenies, or hashes: why NIST still prefers lattices ๐Ÿ“… 48:14 Alex's updated Q-Day window and why Conor says 'A-Day' may already be here ๐Ÿšจ 53:05 Haseeb Qureshi's 'cryptographic wartime' and Balaji's rollback idea ๐Ÿ—๏ธ 58:41 Strongpoint: Project Eleven's crypto-agile custody and pricing quantum risk
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Delphi Digital's Jason Pagoulatos on why making papertrade safer could defeat its purpose: people come for 1000x leverage, not 3x "So they're right in their analysis of the situation. The question is, did they know this ahead of time?" "And if they did know it ahead of time, why were they talking about making the token transferable after some time, when clearly by doing so, it opens up the protocol to existential attack vector risk?" "There are solutions. You can cap the pool size. You can maybe add caps on leverage. But in doing so, you kind of take away all the reasons in which somebody would use PaperTrade to begin with." "You're going on PaperTrade to use a thousand x leverage. You're not going on PaperTrade to trade Bitcoin with three x leverage the way you would on Hyperliquid." "It's clearly there to solve that degen, Rollbit, casino, gambling, quick-hitter type activity. And by adding in those caps, those restrictions, those parameters and safety things, it kind of takes away from the whole point, in my opinion."
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