Pinned Tweet
I thought what I'd do was, I'd pretend I was one of those deaf-mutes.
youtube.com/watch?v=9A5R6C9O…
![DRAVEN X WE ARE MAGONIA - THROUGH THE CEREBRAL CORTEX [DARKSYNTH / HORRORSYNTH / INDUSTRIAL AMV]](https://pbs.twimg.com/card_img/2115092736990724096/x8vxw3Dm?format=jpg&name=800x419)
Subsidy Bro retweeted
After this tweet, a GPU provider we already wired $3M to called and asked for $5M more upfront. Said it’s now riskier. He tried to renegotiate a signed contract.
Then banks we were in talks with cut their lending offers in half, saying their IC got scared.
One reply moved capital markets against everyone building in this space except the people big enough to be immune to it.
nitter.cf/elonmusk/status/211443…
Pretty much.
As of the past few weeks, debt markets have almost entirely shut off access to money for any company that doesn’t have substantial revenue independent of AI data centers.
SpaceX closed $40B of debt for GPUs, but we’re investment grade and have Starlink & launch revenue.
That means the 200+ neoclouds are going to see guppy-level death and consolidation. Some will make it through, but not many.
lyin ted returns
In March, Ted Cruz warned that an Iran war lasting into November would mean something had gone “wildly wrong.”
November is days away.
Vish Burra says people should keep track of who got the war wrong and who led them astray.
nitter.cf/vishburra/status/21155…
Subsidy Bro retweeted
BREAKING: Humanitarian convoy begins its journey to Oleshky. It is coordinated by First Lady Melania Trump and headed by Russia’s Humanitarian Commissioner Yana Lantratova and Ukraine’s Dmytro Lubinets.
Humanitarian approach and trilateral Russia-US-Ukraine coordination work. 🕊️
let's see what's happening over at CCP front $AAPL
okay...
you see, i am an equal opportunity destroyer
really i just want my forward momentum objectives
i honestly dont give a flying fuck who can run the ball
i just want the ball in the endzone
i'm not even going to make the jokes
peter thiel and john kerry -- i know, i know, gay frankensteins - sure, sure
but no
i am just going to gloat and laugh obscenities in U3O8
Scoop: General Matter, the secretive nuclear enrichment startup backed by Peter Thiel and John Kerry, just emerged from semi-stealth mode last month when it submitted its initial paperwork for an NRC application.
Today the NRC formally accepted the application in half the time it usually takes.
The company tells me it's on track now for construction next year, installations in 2028, and commercial shipments of nuclear fuel in 2029.
Subsidy Bro retweeted
Drained $5.6B from Binance using bleeding-edge EIP-7702 batch signatures.
Caught because MetaMask default-selected "pay gas with USDT" and logged their IP on ConsenSys servers.
You couldn't write a better script:
- Wallet had 1.75B USDT and 2 native ETH ready for gas.
- In a panic, the operator blindly clicked confirm without noticing MetaMask's smart gas station.
- MetaMask relayer paid the ETH, charged 127 USDT, and logged the raw client request on their backend API.
Advanced chain exploitation defeated by Web2 frontend UX.
One more thing to avoid.
The Binance $5.6B drain is a masterclass in modern EVM exploitation.
It wasn't a complex logic bug. It was an EIP-7702 delegation hijack:
1. Setup: Attacker funds 0x7c86 via Tornado Cash, deploys a sweep contract (0x63e8), and runs three live dry-runs on external wallets.
2. Execution: Attacker submits an EIP-7702 batch with 50 pre-signed authorizations (nonce n to n+49) to hit Binance 14's moving nonce window.
3. One authorization hits. Instantly, Binance 14 (an EOA) is reprogrammed to run the attacker's contract bytecode.
4. Execution looks totally organic: Binance 14 sweeps itself clean. Internal threshold alerts don't trigger because, from the nodes' perspective, the hot wallet is just executing its own transaction.
5. Binance 16 immediately auto-refills 28,000 ETH due to automated treasury rebalance scripts, feeding the exploit loop.
The cold truth: you cannot forge an EIP-7702 delegation list.
For this to execute, the attacker already held the raw private key or unconstrained signing access to Binance 14's HSM/KMS.
But hey, 5.64 billion drained across ETH, BTC, and Tron. 2.54 billion frozen by Tether, Circle, Ripple, and World Liberty within hours.
Code is law until the stablecoin admin keys log in.
Binance got bailed out by the very centralized choke points the cypherpunks warned you about.
Hardware wallets leak your home address.
Centralized exchanges leak the keys to the kingdom.
Self-custody on native, non-delegated chains remains the only honest baseline.
At least you know what to avoid.
Subsidy Bro retweeted
North Korean state hackers appear to have been behind the Binance attack. The entire event started through a single DevOps engineer's compromised laptop. With the confirmed impact now at $6.3 billion, it is by far the largest crypto heist in history.
