DK retweeted
Largest equity deleveraging event in 10 years
Binance hacked for $6B
Gold single day 3.6% red candle
Oil back at $104
War escalation fears peaking again
What did I miss?
At times this would have been enough to go for a 30% correction
This is the chart
DK retweeted
Quantum computing poses a serious threat to the cryptography blockchains currently rely on, while advances in AI compress best estimates for the threat's timeline.
That's why experts gathered in Cambridge to coordinate research upgrading our cryptography to be quantum-resistant.
DK retweeted
🚨 POLYMARKET WHALES ARE GOING ALL IN ON DEMOCRATS
Just 3 days left, and whales are going BIG on Democrats
>$629K from a BRAND NEW account created just days ago
>$2.4M on a DEMOCRATIC SWEEP from one whale
>$1.94M in positions across 4 accounts funded by ONE WALLET
Potential payout: OVER $5.6 MILLION
DK retweeted
US spot ETH ETFs that stake have taken in $983M this year.
The ones that don't have lost $859M.
October has been rough for both:
Staking funds: -$123M
Everything else: -$1.33B
@iShares runs one of each. ETHB stakes and is up $852M since it launched in March. ETHA doesn't, and it's down $622M this year.
Data: @FarsideUK, through Oct 29
DK retweeted
Binance's initial investigation suggests that the security incident may involve a compromised DevOps engineer’s 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 company’s 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/annou…
DK retweeted
Made Bitcoin 100x harder to crack for a quantum attacker. Stupid simple: force it to solve 100 keys instead of one within 10 min block time.
No fork, no new opcodes, no direct-to-miner relay.
Multisig was designed to distribute trust, we reuse it to multiply the computational work required to forge a Bitcoin spend.
Runs on Bitcoin Core today.
1/
DK retweeted
The benefits of abundant intelligence will accrue far outside of San Fransisco.
Spent the last year writing about capital, sovereignty, and the coming reordering of economic power.
THE COMMANDING HEIGHTS
Commanding-Heights.com
DK retweeted
User funds are safe!
It does look like a hack on Binance. Appreciate the quick freeze from Tether (~$971m) and Circle (~$823m).
I don't manage Binance (.com) anymore, but as a shareholder, I expect all user funds will be fully covered.
DK retweeted
El set de @Avicii en @Tomorrowland 2011 ya está disponible en Youtube 🚨
En honor a los 15 años de Levels, un himno de la música electrónica
▶️ youtu.be/IGaRF6dwRkQ?si=Y_23…
DK retweeted
Ekiden is an order book-based derivatives exchange, so every trade starts with liquidity already sitting on the book or an order coming in to take it.
If your order rests on the book and adds liquidity, you’re the maker.
If your order matches against existing liquidity and executes immediately, you’re the taker.
From there, the flow is straightforward:
Order → Matching Engine → Execution → Settlement on Canton
The matching engine handles price-time priority and execution. Once matched, the resulting trade is settled through Canton’s infrastructure.
That distinction matters because maker and taker orders interact with liquidity differently, affect execution differently, and carry different fees.
Understanding that flow is one of the basics of trading efficiently on Ekiden.
DK retweeted
This chart is insane. This shows Russia's casualties over time compared to Russia's territorial gains in Ukraine over the last five years.
No sane or rational person would say continuing the war to try and take more of Ukraine's territory is worth the casualties.
