Jerry Gensler retweeted
ANNOUNCEMENT: SPAM EMAILS HAVE BEEN SENT THAT APPEAR TO HAVE COME FROM OFFICIAL FOUNDATION DOMAINS.
We have traced this back to one or more compromised API keys on Cloudflare, and have already revoked all API keys.
The malicious domain in the spam email has been taken down.
Funds stored on Passport are safe and Passport hardware is not compromised.
We are working nonstop to discover exactly what happened and will put out a report ASAP.
🚨If you got an email pretending to be from @FoundationHQ saying your funds are at risk, it is a phishing link even though it came from their real domain 🚨
Jerry Gensler retweeted
Friendly reminder: Bitcoin's trading at about 5x its price at the same point in the previous halving epoch. Roughly $80K today versus $16K then.
Zoom out: wickedsmartbitcoin.com/eoe_g…
Jerry Gensler retweeted
JP Morgan on Bitcoin in their latest report:
"As yet, it lacks a strategic role in portfolios other than as a bet on fiat currency expansion"
IDK about you, but me personally, that's a bet I want to take
More fiat. Forever.
Jerry Gensler retweeted
LOOK FUCKERS
EVERY $1 YOU PUT IN BTC YOU'LL HAVE $100 IN BUYING POWER BEFORE 2030
AND EVERY $1 YOU DON'T PUT IN BTC YOU'LL HAVE $0.01 IN BUYING POWER BEFORE 2030
STOP AND READ THAT AGAIN
Self-custody has been under attack this year but is far from dead.
I just read the 3rd party security audit on my own signing hardware. There are still people in this space doing it right!
“Based on this comprehensive security audit of the Passport Prime, the overall architecture demonstrates exceptional security design principles and sophisticated implementation.”
Read the reports on your own signing devices (if the manufacturer commissioned one that is.) Coldcard and Ledger either didn’t do this at all or instead have trust-me-bro “internal audits”.
Jerry Gensler retweeted
Imagine someone gives you a lock and tells you it's the safest lock in the world.
You ask how they designed it.
They say, "We picked some special numbers. Trust us."
Now imagine that someone is the NSA.
That's essentially what happened with some of the elliptic curves standardized by NIST. These mathematical curves are used to secure digital communications, and some contained mysterious numbers whose origins nobody could explain.
For decades, cryptographers wondered whether those numbers had been deliberately chosen to hide a secret weakness.
Then Claude investigated and found something remarkable: the mysterious seeds apparently came from an ordinary 1990s random-number generator initialized using a computer's clock.
No evidence of a secret mathematical trap. Just surprisingly mundane mathematics.
Now here's where Bitcoin gets interesting.
Out of paranoia, Satoshi chose a different, not widely used curve, secp256k1, with an extraordinarily simple equation:
y² = x³ + 7
No mysterious seed needed to explain its shape, just a 7.
We don't know whether that motivated Satoshi's choice, but it illustrates something fundamental about Bitcoin.
Security shouldn't depend on trusting the people who designed the system.
Even if the NSA never intended anything malicious, asking where those numbers came from was absolutely the right question.
Because the goal of cryptography isn't to prove that everyone is trustworthy.
It's to build systems where they don't have to be.
Don't trust. Verify.
Replying to @coinjoined
Every so often a tweet comes from bitcoin twitter that makes me feel like a complete moron. This is definitely one of those.
Jerry Gensler retweeted
The last thing we need is competitors dunking on @ledger to score cheap marketing points.
If retirement attacks are possible, this threatens all of self-custody.
Today it's your competitor. Tomorrow it could be you.
Retweeting security kayfabe to claim a W for his product when it isn't actually effective but is to minimize his own fuckup is pretty on brand, ngl
Jerry Gensler retweeted
🚨 Matthew Kratter reportedly seriously injured after driving into a tunnel painted on a wall by Joe Nakamoto.
































