The SEC just opened the door to income paying Bitcoin ETFs!!! 🚀🚀🚀
How much new money does that pull from the sidelines?!!! 🔥🔥🔥 https://t.co/MUNApgz1o1
The SEC just opened the door to income paying Bitcoin ETFs!!! 🚀🚀🚀
How much new money does that pull from the sidelines?!!! 🔥🔥🔥 https://t.co/MUNApgz1o1
I feel a chad #btc candle loading
Straight to 74 k
⏳️ https://t.co/tNZ4DJ7Fyj
The most common question I am getting right now in the fall out of the news of COLD CARD MK3, MK4, MK5 and Q having compromised entropy, is:
"Rob, what would you do right now if you were in my shoes? Where would you send your bitcoin to be safe?"
I will share with you my list of what I would do, but first, there is AN URGENT SECURITY ADVISORY IN THE BITCOIN ECOSYSTEM.
Below is my personal assessment of the situation.
If you or someone you know:
Uses an MK3, MK4, MK5, or Q in a single signature
OR
A multi signature wallet where the cold card devices can move the funds on their own (Example, 2 cold cards and a Ledger).
Please continue reading. You may be in danger. If this does not apply to you, keep on reading if you like, but you are not impacted by this issue.
If you are still here, there are three identified mitigations that protect you at the moment. They are all different forms in which you may have brought your own entropy.
A: DICE - This is done by either rolling dice from the start, or addin
Bitcoin (BTC) is a digital asset and a payment system invented by Satoshi Nakamoto who published a related paper in 2008 and released it as open-source software in 2009. The system featured as peer-to-peer; users can transact directly without an intermediary. Transactions are verified by network nodes and recorded in a public distributed ledger called the blockchain. The ledger uses bitcoin as its unit of account. The system works without a central repository or single administrator, which has led the U.S. Treasury to categorize bitcoin as a decentralized virtual currency. Bitcoin is often called the first cryptocurrency, although prior systems existed. Bitcoin is more correctly described as the first decentralized digital currency. It is the largest of its kind in terms of total market value by now.