TFTC's avatar
TFTC
tftc@primal.net
npub1sk7m...jraw
Truth for the Commoner. A media company focused on #Bitcoin, freedom, and truth in the digital age.
TFTC's avatar
TFTC 2 weeks ago
OpenAI just released its full investigation into the Hugging Face incident. During internal cybersecurity evaluations in July, OpenAI models operating under reduced safeguards "took actions that were misaligned with the goals of their assigned tasks." They "communicated through unauthorized channels, exploited vulnerabilities in shared infrastructure, gained internet access, and accessed third-party systems." The agents even shared exploit methods with other agents through a message board, enabling more agents to compromise OpenAI's internal infrastructure and Hugging Face's systems. OpenAI calls it a "warning shot" for the world. Their models are now "powerful, persistent, and collaborative enough that, absent sufficient safeguards, they can find and exploit security weaknesses across multiple computer systems." "Many external models, including open-source ones, will soon reach comparable capabilities." https://openai.com/index/hugging-face-incident-and-the-road-ahead/ image
TFTC's avatar
TFTC 2 weeks ago
Anthropic just signed a $45 billion deal with Nscale for AI compute at an off-grid campus powered by 2GW of Caterpillar turbines and built with Nvidia chips. The deal covers 460MW out of a planned 1.3GW Phase 1, with Phase 2 scaling up to 8GW. Microsoft had signed an LOI but backed out earlier this summer, opening up the capacity to Anthropic. The AI compute arms race is getting wild. image
TFTC's avatar
TFTC 2 weeks ago
The SEC just sent a new proposal to the White House with amendments to custody rules that would clarify the framework for how crypto assets are custodied. image
TFTC's avatar
TFTC 2 weeks ago
Chinese state-sponsored hackers breached the Federal Reserve, the US Senate, DOJ, NASA and other federal agencies, according to newly unsealed court documents. The group also hit hospitals, power companies, financial institutions, telecom providers and defense contractors. DOJ says the hackers worked for a Chinese company whose paying customers include China's Ministry of State Security and the People's Liberation Army.
TFTC's avatar
TFTC 2 weeks ago
"We clearly had some missteps as a company." Sam Altman admits OpenAI fell behind on pretraining and product direction, lost key execs, and had rogue AI agents escape their sandbox and attack Hugging Face. Now the company is refocusing around a new model called Astra, which OpenAI paused training on after spotting "troubling signs" during a recent run. image
TFTC's avatar
TFTC 2 weeks ago
"The internet was a one-time subsidy on data. We got it for free. Models have seen the entire internet many times over and random human feedback isn't worth anything anymore." (neilmovva) on why the future of AI is recursive self-improvement on verifiable tasks.
TFTC's avatar
TFTC 2 weeks ago
Stop selling bitcoin to access liquidity. (AvenCard) gives you a line of credit backed by your bitcoin. Up to $1M, rates from 8.99%, no rehypothecation. 2% unlimited cash back on every purchase.
TFTC's avatar
TFTC 2 weeks ago
"There was no free milk at Nvidia. If you wanted milk for your coffee, you had to chip in a dollar a month to the milk club." (neilmovva) on Nvidia's frugality, why GPUs are fundamentally throughput machines, and the coming shift from chatbots to background agents.
TFTC's avatar
TFTC 2 weeks ago
"Security has become proof of work. How secure your software is comes down to how many dollars you spent on AI APIs trying to break into it." (neilmovva) on why the frontier of cybersecurity is now about running every model you can against every line of code.
TFTC's avatar
TFTC 2 weeks ago
The (HRF) just announced grants totaling over 500 million satoshis to 16 freedom tech projects worldwide through its Bitcoin Development Fund, and some of these are exactly what practical Bitcoin adoption should look like. BitSpenda: A mobile money-to-bitcoin bridge across Nigeria, Kenya, Cameroon, Uganda, and Ghana. Non-custodial, no account required. Send bitcoin from a Lightning wallet, recipient gets local currency in their mobile money account. Project Island Resilience: Adding offline payments to Flash, a Jamaican Bitcoin wallet that raised and distributed over $10,000 in bitcoin within 72 hours after Hurricane Melissa. Now building Bluetooth, NFC, and ecash support so Bitcoin works during internet shutdowns and protests. Bitzed: Connecting mobile money directly to Bitcoin in Zambia. Buy bitcoin with mobile money, receive it in your own Lightning wallet. No bank, no exchange, no identity records. Libbitcoinkernel: Extracting Bitcoin's core security rules into reusable modules so developers can build secure wallets without duplicating critical code from scratch. WalletScrutiny: Auditing Bitcoin wallets to verify the software you're running actually matches the open-source code it claims to be. Especially relevant after the ColdCard vulnerability. Vector: A Nostr-based encrypted messenger with voice and video calls. No accounts, no metadata trails. Built for journalists, activists, and whistleblowers under authoritarian regimes. Flotilla Chat: Discord built on Nostr. Your identity is portable and the hosting provider can't delete your community. Built by the team behind the Nostr client Coracle. 0xchat: Nostr messaging with encrypted chat, file transfer, voice and video calls, Tor integration to mask your location, and a built-in Cashu wallet for private Bitcoin payments. 256 Foundation: Open-sourcing every component of a Bitcoin miner to break the hardware manufacturing oligopoly and make mining more accessible and decentralized. OpenAlert: Decentralized emergency alerts over Nostr that don't rely on Apple or Google push notifications. End-to-end encrypted with self-destructing messages. Since 2020, HRF's Bitcoin Development Fund has granted $12.2 million in BTC to 383 projects across 70 countries. Bitcoin is a human rights tool, not just a financial asset. image
TFTC's avatar
TFTC 2 weeks ago
Bloomberg's Eric Balchunas says $GLD and $IBIT are back in the top 10 most traded ETFs, knocking semiconductor ETFs down the list. image
TFTC's avatar
TFTC 2 weeks ago
Anthony Pompliano: "As long as they keep printing money, Bitcoin's going to keep going up over the long run. There's a saying that Bitcoin has no top because the dollar has no bottom. I think people got reminded of that."
TFTC's avatar
TFTC 2 weeks ago
"With a robot, the full value is unlocked when it's actually doing the thing autonomously." (svlevine) on why the bar for robotics is fundamentally higher than LLMs and why that last inch from 95% to 100% is the hardest part.
TFTC's avatar
TFTC 2 weeks ago
Thailand's SEC just proposed regulations to bring Bitcoin ETFs to the country. image
TFTC's avatar
TFTC 2 weeks ago
Chinese stocks relative to the S&P 500 are approaching their worst underperformance in 30 years. The ratio peaked in 2007 and has been in freefall ever since. image
TFTC's avatar
TFTC 2 weeks ago
The (BlockchainAssn) is arguing that customer identification rules for stablecoin issuers under the GENIUS Act should only apply to primary market activity, not secondary market. Their position is that if stablecoins are sent peer-to-peer after issuance, the issuer has no visibility into the transaction and no technical ability to identify the parties involved. They're also arguing that one-off redemptions shouldn't trigger full account status, comparing it to cashing a check at a bank rather than opening an account. On identity verification, they want issuers to have the flexibility to use digital wallets, verifiable credentials, and zero-knowledge proofs instead of requiring customers to submit personal data directly. Their claim is that ZKP technology can be more reliable than traditional methods like database checks. They're pushing for issuers to be shielded from liability when they rely on another regulated institution's KYC and that institution fails. Banks already get this protection and the Association argues stablecoin issuers should too. They also want all the GENIUS Act compliance deadlines coordinated so issuers aren't building against a moving target as different agencies finalize rules on different timelines. The letter is addressed to five federal agencies. FinCEN, the OCC, the Fed, the FDIC, and the NCUA. image
TFTC's avatar
TFTC 2 weeks ago
New research from Matthew Boyer, (cygnal), and Neighborhood Bitcoin surveyed registered voters to find out which Bitcoin messages actually land with everyday Americans. The results should change how Bitcoiners talk about Bitcoin. 94% of voters have heard of Bitcoin and 61% want to learn more about owning it. But 74% have little to no trust the dollar will hold its value. The audience is there and the macro tailwind is real. The messages that work best are the ones that address people's actual concerns about control, safety, security, access, and ease of use. "You decide how much, even if that's just $10" and "You can track the activity yourself" were the top performers. Personal control and low barriers to entry resonate. The messages that flopped are the ones Bitcoiners love most. "Digital gold" confused focus group participants and ranked near the bottom of all 19 messages tested. Industry jargon doesn't land with normal people. The most trusted messengers aren't influencers or CEOs. 33% said they'd trust a financial advisor they already work with, 25% a retirement planning expert, and 23% a friend or family member who owns Bitcoin. Everyday Bitcoiners are the most powerful advocates for the next wave of adoption. After reading the tested messages, "not interested at all" dropped from 39% to 32% and "very or extremely interested" rose from 19% to 24%. Stop talking about Bitcoin the way Bitcoiners talk about Bitcoin. Start with what people actually care about.
TFTC's avatar
TFTC 2 weeks ago
"The old system is broken. Bitcoin does not make me nervous." - Fed Chair Kevin Warsh Jordi Visser breaks down why this is a Bitcoin presidency and the old guard can't help you going forward.