
Mt.Gox Collapse (850,000 Bitcoins Lost) - FULL STORY
Alex Waltz, 2/25/2026, 3 engagements
Bitcoin Researcher & Filmmaker. | My latest discoveries: https://1stbitcoinminer.com/
43286 sats received

Alex Waltz, 2/25/2026, 3 engagements
The funniest scenario.
AI brakes eliptic curve crypto because they had backdoors, but secp256k1 chosen by Satoshi(only used in Bitcoin) is the only one that does not break.
10/9/2026, 3 engagements
People lost $130 MIL and somehow this fork is still more sad.
8/8/2026, 4 engagements
The single good things about this CC disaster is that it showed who has brains & balls and who is larping.
8/7/2026, 4 engagements
What is my crime? Rugging a low entropy seed? A succulent low entropy seed?? https://blossom.primal.net/5e99e3e70ae066824a5747629f586186a5251fcbba3162a4f2c767ed132fd2e8.webp

8/6/2026, 9 engagements
Everyone now is doing the opposite extreme of what they were doing before the CC hack and are overcompensating.
8/6/2026, 5 engagements
The main reason we are in this mess is because we allowed Bitcoin to be taken over by intellectual communism.
8/6/2026, 2 engagements
Most "bitcoin-only" companies are airbnb for air.
The emperor had no entropy.
8/5/2026, 5 engagements
If you ever recommended a ColdCard and don't know how a HWW works, how about you shut the fuck up and don't make recommendation for some time.
All these dumb takes about always multi-sig always dice rolls, always passphrases.
STUF up you are a moron that lost people money.
8/5/2026, 6 engagements
nvk is currently deleting tweets about the block clock "knock off"
This is upestting me so, I mean so fucking much.
8/5/2026, 11 engagements
There is not 1 single compelling evidence that this was a backdoor.
CoinKite fucked in a major way, and there are MANY red flags, but all are explained by sloppy practices and incompetence.
People who were not sucking off nvk are not surprise by the low standards.
I get that people are angry and want an explanation, and the backdoor explanation will make you feel better as coinkite conspired against you, but this is an emotional way to think.
The reality is you listened and trusted people who are clueless and don't have even a basic understanding of how Bitcoin works.
All the trust was strictly based on social dynamics and 0 verification.
It is easier to claim backdoor than to admit you are a bad judge of character, as that would mean you COULD have somehow avoided this somehow.
Backdoor makes it feel unavoidable, which sorry to say it was not.
there is no way to make a backdoor like this an get away with it. this adds permanent damage, and when it gets out you are done, reputation burned for life.
don't say they did this for money because the cost vs. benefit makes no sense, too much risk for not that much reward. business was very successful, they had too much to lose.
if you do this for money when bug gets out others will also attack it so you are competing with other hackers
look at the fucking code, it a typical mistake that happens in this type of things. the lack of review and using social status to push away scrutiny from project is why it was not caught
You did absolutely NOTHING wrong in using single sig and not rolling dice.
The understanding between coinkite and user is that they provide secure key generation, which is industry standard and works if you have the right internal practices and correct way of doing business.
8/5/2026, 12 engagements
Oh my, I even asked nvk how they tested the entropy on 2021 https://blossom.primal.net/3d45ccc7cb830c8e6bdcb025a94b393d4dda9f3cee161b78f309a92972911237.png

8/5/2026, 13 engagements
This has the be the crazies OP-return ever.
Sent to one of the consolidation addresses.
https://mempool.space/address/bc1qd9y3prdufg37a6w3lxyu0aptdm8uxkm4987uu3

8/5/2026, 42 engagements
One of the most epic moments in Bitcoin's history.
(btw, recreated this in photoshop, since nvk deleted the tweet)


8/5/2026, 18 engagements
SeedSigner https://blossom.primal.net/1f5fcdd0fcfdf77e824e1cb20093a27ce35a591a2ce786b7d8c71663fbbb82ab.png community after the ColdCard vulnerability was confirmed.

8/4/2026, 9 engagements


8/4/2026, 3 engagements
The root problem with conventional currency is all the trust that's required to make it work.
1st thing Satoshi said when he announced Bitcoin.


8/4/2026, 10 engagements
Dear podcasters & influencers,
Don't feel bad for not looking at the firmware, it's absurd to expect that from non-hardcore technical people, when even the hardcore ones did not look.
Don't feel bad for recommending the ColdCard to people, you were told by multiple people this is a solid product, you operated under the assumption that "smart" people are honest and did their due diligence.
Don't feel bad because you got paid to shill ColdCard, that is an honest business deal, nothing wrong with sponsorships.
What you should absolutely feel bad and guilty about is whenever you saw nvk doing shitty things and you turned your head around, because you thought he will stop sponsoring you, it may affect your chance of getting a grant, or the wider group will think you are not one of the cool kids for talking back at nvk.
Or whenever someone brought a criticism to nvk and you joined in discrediting that person or making stupid comments to signal your alliance to nvk, instead of at least saying hey maybe he has a point.
If you did this, you were a coward and you have directly contributed to people losing money.
This is NOT a RNG, self-custody or AI failure. This was a lack of scrutiny on very IMPORTANT piece of software that does VERY sensitive operations.
Every time anyone tried to poke at ColdCard or even just ask questions nvk would always dismiss them, call it FUD and attack their character.
Nvm the absolute abysmal attitude he had against competitor, who now still acted like gentlemen despite this generational dunking opportunity.
Everything someone did to push scrutiny away from this project has directly contributed to this disaster.
Bitcoin transactions are irreversible, and you can't change the past, so no point in beating yourself over it, at the end of the day there is not 1 single person that did this, it was pretty much everyone.
The one thing you can do that will have a positive impact forward, is to tell the truth and when you see someone not doing that, make sure to point it out.
If you read this and decide to go after people who promoted CC you are a dickless loser, and are only going to make this very mad crisis even worse.
We can't start yelling at each other in a few weeks, when we won't have anything to talk about anyway.
8/3/2026, 41 engagements
Guys this is not a CC vulnerability, it's a boating accident recovery feature.
7/31/2026, 1 engagement
The search range for a CC(Mk4/Q/Mk5) seed is ~2^32.
This is the first difficulty Bitcoin started with.
So finding 1 CC seed is as hard as finding a Bitcoin Block in 2009. (practically times a few other variables)
7/31/2026, 19 engagements
Looking for someone to record a voiceover for a Bitcoin commercial. Gig pays.
7/29/2026, 2 engagements
All the problems we ever had in Bitcoin, come from the fact that someone was not told they are stupid early enough.
7/27/2026, 3 engagements
Really fucking cool.
Most people run two mental processes:
7/16/2026, 5 engagements
Yooo I just won the Grand Prize for
Bitcoin History Month.
Thanks to the judges :*


7/15/2026, 2 engagements
That time Gregory Maxwell sent 21M bitcoins to himself.
7/8/2026, 19 engagements
Because of LLMs the reproducibility of software should have gotten better.
Did it?
7/6/2026, 9 engagements
OMG OMG OMG

7/6/2026, 1 engagement
There seem to be some new private emails from Satoshi with Nicholas Bohm.
Why this article does not link the sources? Very bad practice, not making it trustworthy?
hat is the sources of these emails that make us trust they are the real ones?
7/4/2026, 3 engagements
7/2/2026, 4 engagements
What everyone knows about Bitcoin's Launch is wrong.
7/2/2026, 16 engagements
This is the 3rd consecutive day I have been trying to post my 12 minute video natively here.
Still could not get it to worked.
Primal wants me to pay 1 year upfront, nop. Nostr.build, 450mb file limits, so not usable, also pay 1 year upfront.
My video is 12 min 700mb.
Is there really no way to do this?
7/1/2026, 19 engagements
Is there really no way to buy a primal sub for just 1 month?
7/1/2026, 4 engagements
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7/1/2026, 2 engagements
So now I am using Jungle and Primal, and some notifications show up on one but not the other. Also both laggy, and i have to press buttons more than once sometimes.
I get that there is no consensus for clients, but this is very unusable. It also seems to me that both clients could try to discover posts more aggressively.
Is this a not-enough-resources-for-servers/relays problem, or something else?
Please, I am not interested in getting told how great this is, or how it’s not a problem for some of you, or that I should build it myself, or any equivalent defensive bullshit.
I am someone who uses social media heavily, and I put a lot of effort and money into creating content, so I want an app that actually works. In fact, it needs to work at least 10x better than X for me to switch.
I am genuinely asking these questions because I want to understand what is causing these problems.
There is no way I am the only person that has these problems and is bothered by them.
6/30/2026, 8 engagements
They told you not to put All your eggs in one basket To have a plan b for safer landing But the universe Wants you to ask it For that which you need And it will answer

6/27/2026, 1 engagement
I honestly do not understand how people use nostr every day and claim they dont need twitter.
EVERYTHING is broken, nothing works.
Btw, i am not a hater, I used nostr from the 1st ever damus client on mobile and have tried ever since.
But if you need to use social media to distribute ideas to people, this is unreliable.
Why is this not fixable? (genuenly asking)
I understand that you have to talk to relayes and move data around, but the reason its bad and unreliable today is it because servers not good enough?
Could this be solved by throwing more money at it, and have better CDNs?
6/26/2026, 3 engagements
nostr has its own drama. how cute
6/25/2026, 1 engagement
I said I had problems with nostr. I could see the feed but could not post anything.
I was using primal in web login with nsec.
Switched to nostr.com now this works with no problems.
I don't get why is this hard to do? Not asking passive aggressively, genuinely curious.
6/25/2026, 7 engagements
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6/25/2026, 3 engagements
I can not post replies to any note.
i am using primal, i logged in a fresh browser, avoid old cache.
Is this normal? Is this how everyone uses nostr?
What am I doing wrong? Help?
6/24/2026, 1 engagement
Yooo I made a forensic investigation into Bitcoin’s launch and I made 3 discoveries.

6/24/2026, 67 engagements
Would have loved to post this here natively, but im limited by the 100mb file limit.
6/24/2026, 1 engagement
Replying to multiple specific things an agents says sucks ass.
There needs to be a way where you can select multiple paragraphs, and reply to each one, and you can continue this differentiation in the conversation.
Out of N things you address you will endup focusing on one and then the others get lost and you have to scroll, back.
One easy fix is to pin/hold on to a specific selection in the chat. (have multiple pins different colours)
When you click on it it ads it in the chat box and you reply to it.
When done with it you click on it do drop it.
This is VERY easy to implement, but even if i write this I have to convience openai/anthropic to implement it.
I think easiest option would be some kinda of vscode extension?
6/19/2026, 1 engagement