๐จ๐ฆ๐ฎ๐ณ Freedom is a Poisson distribution. Finance, F1, bikes. Allergic to bullshit.
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Joined December 2010
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Should have done devSECops you fools!!
Binance's initial investigation suggests that the security incident may involve a compromised DevOps engineerโs laptop, which allowed an attacker to gain access to a service container and submit unauthorized withdrawal transactions. We have found no evidence of any wallet private key leak. We will share a detailed technical post-mortem once the investigation is complete and the facts are fully verified.
The estimated total impact sits at around $6.3B. We have worked with blockchain partners to freeze affected assets, with ~$3 billion frozen on-chain so far.
Binance will cover all losses from the SAFU fund and the companyโs funds. User funds are safe. We will also publish an updated Proof of Reserves once the remediation is complete.
As an immediate precaution, Binance has:
- temporarily suspended deposits and withdrawals while security checks are completed;
- revoked the affected address authorisation;
- engaged law enforcement and blockchain intelligence partners to trace and recover funds.
Our teams are working around the clock to resolve this issue safely and thoroughly. We are working closely with our law enforcement partners to confirm the identity of these criminals and bring them to justice.
Please rely only on official Binance channels for updates. Please feel free to contact Binance Customer Support if you have any further questions.
binance.com/en/support/annouโฆ
In case you were wondering how Linkedin works
This paper answers why confident idiots run the world.
Cornell University published a psychological paper that explains every terrible boss, every loud influencer, and every broken corporate hierarchy.
Itโs called โUnskilled and Unaware of It.โ
they tested participants across logic, grammar, and humor to measure the gap between actual performance and self-perception.
And the results are wild.
participants scoring in the bottom 12th percentile consistently believed they were operating in the 62nd percentile.
they were not lying. they were literally incapable of recognizing their own incompetence.
the paper revealed a brutal paradox:
the exact skills required to master a domain are the exact same skills required to accurately evaluate your own competence in that domain.
if you lack the skill, you inherently lack the cognitive capacity to realize you are failing.
this creates a dangerous systemic loop.
the incompetent are blessed with absolute, blinding certainty. their brain protects them from their own ignorance, allowing them to speak first, demand authority, and never second-guess their decisions.
meanwhile, the actual experts suffer the exact inverse.
top performers in the study consistently underestimated their rank. because a task was easy for them, they falsely assumed it was easy for everyone else.
they hesitate. they obsess over nuance. they assume they have nothing unique to add.
we are biologically wired to confuse confidence with competence.
the loudest person in the room gets promoted, gets funded, and gets the microphone, not because they know what they are doing, but because they are physically incapable of seeing what they don't.
the only defense mechanism is building systems that stop rewarding absolute certainty and start demanding proof of work.
r2 ๐ retweeted
Just a reminder that @donnelly_brent is a machine
spectramarkets.com/amfx/a-crโฆ
Sometimes ill fall down a thread like this with the obvious conclusion of wow, wtf. only on x dot com the everything app
Goddamnit I love this website
This retard Bessent (who unfollowed me) can't hid his Orwellian "stabilize" spin: gas at the pump up ~50% since Trump 2 came to office.
@SecScottBessent, you idiot, who are you bullshitting?
I am not joking when I say this.
Citadel, XTX, and trading in general is over.
AI trading is now very, very good. You just don't know yet because all AI trading circulating today is from ~2-3 generations ago.
Fable, Astra et al have solved infinite personalized alpha.
r2 ๐ retweeted
Experience gives perspective. Programming is not dead, and never will be.
It's late September 2026. Sometime in September 1976, just after I entered college, I wrote and ran my first serious program. I have now been a programmer for literally 50 years.
And man, I have seen it *all*. Punched cards to glass ttys on minicomputers to workstations to the earliest micros. I've written business software, communication programs, development tools, games, language implementations, kernel device drivers, graphics libraries, a few critical pieces of infrastructure, and all manner of odd programs for which there is no taxonomy. Coded in a score of languages some of which are now forgotten. I've run over 70 open-source projects and contributed to at least as many more.
Along the way I noticed a few things, and wrote about them, and that made me famous. But I'm not here to write about that today. I'm here to write about what it means to be a programmer and a technologist with the Singularity upon us.
I have lost count of the number of times I have been told "programming is over". You kids may think this is a new claim that came into the world with LLMs. Hah! There's been that kind of talk at every step function in the quality of our programming tools. I first heard it when compilers were replacing hand-hacked assembler in the early 1980s, and I wouldn't be a bit surprised if somebody said it earlier when in-memory code replaced plugboards.
One constant amidst all this change is that the intentions in a user's head do not magically turn into executable instructions that a computer can run. Another constant is the mindset of the people who specialize in bridging the gap between wish and algorithm. A programmer is a programmer is a programmer - the tools are secondary.
"But it's different this time!" some people will say, "AIs are superhuman now!" So? What did you think the optimization stage of a compiler was, chopped liver? We've been relying on tools that exceeded human capabilities all along - we built them precisely because our meatbrains could not otherwise keep up with the demands of the job.
It's been a hell of a ride, that 50 years. I've succeeded and failed and succeeded again. Done a lot of work I'm proud of. Built at least a few things that look like they're going to last. None of that goes away because, hypothetically, an AI might have made me faster.
The work is never done, even if the tools can talk to us now. Because intentions still have to be communicated; people who specialize in that and develop right mindset to do it still have a major advantage over people who don't.
If you're feeling depressed because you spent years or decades developing hand-coding skills that are obsolete now? Buck up. You still have the most important asset - a mind that knows how to think that way.
I'm facing the winds of the Singularity with a smile. Because 50 years and I'm still standing - still shipping code that people can use, still learning, still refusing to be paralyzed by the pace of change.
The best therapy for your uncertainty? Get to work on something.
r2 ๐ retweeted
Last share of the day:
I do have ~10k books & papers on my hard drive. Most are copyrighted, so I can't freely share them. However, I deployed a few agents to summarize them into useful .md files. These are useful for me, and are useful to put in my AI contexts. I am not entirely happy am still working on revising and improving them. They are grouped in the folders below. They are still < 700 items but will grow.
I thought I'd make them available, at least for a while.
Link to shared folder in reply.
Enjoy.
No one will tell you this but Mondays are great days for eyefucking spreads
just ask .@therobotjames ( he even wrote about it here substack.com/home/post/p-181โฆ )
From smoking crack to smoking your brand in one simple step
As you may have seen, the LAPTOP memecoin saw a sharp swing in token price during its first hours of trading.
The headlines are all the same.
Token down 99%. Rug pull. Biden Crime Family. The list goes on.
This is far from the truth.
The reality is that available liquidity could not sustain the strong level of interest at launch. Technical issues coupled with predatory "snipers", who seek to beat liquidity providers to market, caused a spike in price, which has since stabilized to healthy levels.
The team's allocation is locked. Nobody on our side sold, and nobody could have. I, personally, have not made a single dollar.
I'm used to legacy news and social media trolls spinning realities to fit their own narrative.
The fully diluted valuation of the token is over $1 billion. And we're actively working on the best solutions to optimize liquidity and continue engaging my community.
We gave free tokens to those who lost on Trump's memecoin.
Somehow the media is painting that as a "failure".
This journey is far from over. We built this community for the long game, and that's exactly how we're playing it. I'm going to keep doing what I do best: ignoring the noise, and reclaiming the narrative.
Readers added context they thought people might want to know
On-chain data shows a project multisig received 100M tokens pre-launch and distributed ~42M+, including to market makers who sold post-launch, contradicting claims that the team's allocation is locked and nobody on their side sold.
coindesk.com/business/2026/โฆ
qz.com/hunter-biden-lโฆ
