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Merged Bitcoin - Part 3

yeah he’s releasing a documentary about crypto soon, doesn’t look to be a very positive take. calls it a ponzi
 
washingtonian.com

A Huge Bitcoin Bar and Steakhouse Is Opening in DC

PubKey expands from New York with a podcast studio, event space, and more.
washingtonian.com washingtonian.com

finally some good news on the bitcoin front: a bitcoin bar in dc opening a steakhouse soon for people in dc who might be a little bitcurious

“It’s the most approachable way for somebody to say, ‘I’ve been reading about this thing. I don’t get it, but I’m curious,” says co-founder Thomas Pacchia, a former derivatives lawyer. “They can just come in and have a pint and get in on that programming that we offer or talk to a Bitcoiner at the bar.”

...

“Clubs and taverns are the original decentralized disseminators of information, right?” Pacchia says. “This is where people met and discussed all sorts of things through all walks of life. So it’s meant to be very approachable, very lighthearted.”

...

“There’s kind of an interesting overlap between steak eating and regenerative farming and Bitcoin,” Kablaoui says, explaining how in both cases “time and effort create value.”
Click to expand...
 
futurism.com

Blockchain Slumlord Startup Implodes in Real Time

A highly controversial blockchain real estate platform is collapsing, prompting Detroit housing authorities to take action.
futurism.com futurism.com

hopefully the steakhouse does well, but back to bad news it seems. crypto defi slumlord project realt collapsing as it stops making payments to everyone and owes millions in taxes and other debts. guess crypto can't solve the housing crisis anymore than it can solve the bank crisis.
 
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dailycoinpost.com

An Attacker Just Minted $80 Million in Fake Resolv USR Stablecoins - DailyCoinPost

An attacker minted $80M in unbacked USR stablecoins using just $200K, crashing the token 62%. The GENIUS Act was supposed to prevent exactly this.
dailycoinpost.com dailycoinpost.com

hacker mints $80m in stablecoin resolv, steals $25m

Cyvers called it “gross architectural negligence rather than advanced cryptographic warfare.” The contracts had been audited. The flaw survived the audit anyway.

...

The GENIUS Act was signed into law on July 18, 2025. Congress called it the most significant digital asset legislation in US history. It was specifically designed to prevent unbacked stablecoins from being minted and dumped on retail holders, requiring one-to-one reserves, licensing, and audit standards for stablecoin issuers.

USR falls outside the GENIUS Act’s definition of a payment stablecoin. DeFi protocols like Resolv sit in a regulatory gap the law acknowledged but deferred, directing the Treasury to study and report back within one year. That year is not up. The implementing regulations are not due until July 2026.
Click to expand...
 
From a humble background, to cryptocurrencies' biggest influencer, to complete failure.
This is Bitboy: Rise, Rage, Ruin.

 
dirtywick said:
https://dailycryptobriefs.com/news/ledger-trezor-windows-wallet-sniffer-sale/

$9.3b in crypto scams reported to fbi in 2024
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Who'd have thought that crypto wallets were susceptible to loss or theft or fraud (apart from everybody who has read anything I posted on this subject)? I'm surprised that bitcoin users are not similarly targeted. Maybe it is harder to "phish" for bitcoin wallets.

The article includes the usual warning that everybody should heed (crypto holder or not):
That’s why key management is important. Users who understand the difference between a PIN, a password, a recovery phrase, and a passphrase are harder to manipulate because they know which secrets should never be typed into a chat window, an email form, or a surprise “update” screen
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i'm sure they are similarly targeted. what distinguishes a bitcoin wallet from a crypto wallet?
 
dirtywick said:
i'm sure they are similarly targeted. what distinguishes a bitcoin wallet from a crypto wallet?
Click to expand...
If there were reports of bitcoin wallet phishing then you would blazon them across this page. Instead, you posted about "Ledger" and "Trezor" (first time I am hearing that they exist).
 
well take a look into them and get back to me when you figure out there’s no difference between a bitcoin wallet and a crypto wallet
 
dirtywick said:
well take a look into them and get back to me when you figure out there’s no difference between a bitcoin wallet and a crypto wallet
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There are thousands of cryptos out there. Why should I study every one and list the differences between them and bitcoin?

Suffice to say that nobody can take tokens out of your bitcoin wallet without your private key and no amount of phishing will convince a wallet holder to disclose it. (Trusting a third party to hold your btc in their wallet is a different matter).
 
idk why you’d do that since that’s not even what i asked about and doesn’t have anything to do with anything and wouldn’t contribute to the conversation in any way. so i’m actually, right now, asking you not to do that.

the point is there’s no difference between a crypto wallet and a bitcoin wallet, and bitcoin is not uniquely safe from any particular scam
 
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