Today, a “Coldcard halts shipping and destroys problematic firmware” appears on the hot list in the square. I went to check the manufacturer’s Aug 2 announcement: after confirming the vulnerability, Coinkite has stopped shipping and destroyed the remaining inventory containing the affected firmware. The official security notice also emphasizes that simply upgrading the firmware cannot fix the old seeds generated previously. Affected users should first install the corresponding patched version, then generate brand-new seeds, verify the fingerprints and receiving addresses, do a small test to confirm, and only then move funds.
Making content and doing security are actually very similar: hype always urges people to jump to conclusions first, but trust can only be built through accumulating one piece of evidence at a time. Today, I’d rather spell out the steps clearly than trade panic for traffic. Never enter your seed phrase or passphrase into any website. For the specific model, please refer to Coldcard’s official announcement.
#Coldcard #比特币安全 $BTC For informational purposes only and does not constitute investment advice.
#baby $BABY The next stage value of Bitcoin should not be limited to holding and waiting for appreciation. It should expand into richer financial scenarios while preserving its native security properties. The Trustless Bitcoin Vaults (TBV) launched by @BabylonLabs_io keep BTC on the Bitcoin network at all times, while also allowing it to be used as collateral in DeFi—without needing cross-chain bridges, asset wrapping, or centralized custody. With Aave v4 as the first integration direction, TBV demonstrates a lending and borrowing path that better aligns with Bitcoin’s principles: users retain control of their assets, while cross-chain state is coordinated through cryptographic proofs. I believe this native BTC-collateral infrastructure could become an important component of BTCFi’s expansion and bring clearer application value to the $BABY ecosystem. #baby
#baby $BABY In my opinion, what makes Babylon Trustless Bitcoin Vaults (TBV) most worth paying attention to isn’t simply adding another layer of “yield packaging” for BTC. Instead, it aims to make native Bitcoin programmable on-chain collateral without crossing bridges, wrapping, or handing over custodial control. Each Vault corresponds to an independent Bitcoin UTXO: assets are not pooled, cannot be casually moved, and cannot be reused for repeat collateralization. It connects assets on the Bitcoin network with DeFi application rules through cryptographic proofs. TBV promoted by @BabylonLabs_io could help make long-term static-held BTC safer for use in applications such as lending, stablecoins, insurance, and more. I will also continue to watch the synergy between $BABY and the TBV ecosystem. #baby
But this is bundled together with the Chicago Stock Exchange and global exchanges. Currently, the major futures exchanges are experiencing a run on silver futures, and we are now in an inflationary era, needing to seek new inflation-hedging assets. Silver and gold are precious metals, and silver is also an industrial resource, with demand and supply being in an unequal relationship. Furthermore, the silver contracts on Binance currently account for a very small portion of the market circulation, and the pricing power mainly depends on London silver. I think it's not suitable to short at this time; it’s more worth looking at long positions.
The market background is bearish However, there are cryptocurrencies that are rising against the trend. Retail investors resolutely believe that the continuously rising coins cannot maintain their momentum and will inevitably follow the market to short. However, in reality, there was a significant turnover at the price level of 0.11 on Alpha, with a total scale reaching 1 billion. Therefore, there is substantial support in this range. At the same time, since shorting is mainstream, the funding rate stabilizes at -1% and settles every hour. Thus, even if a downturn occurs, relying on the recovery of the funding rate will keep us in a strong position. The 24-hour funding rate is 24%. Additionally, there has not been a significant top volume at the spot trading end, indicating that the selling has not been completed, and it can be bought and held.
The market background is bearish However, there are cryptocurrencies that are rising against the trend. Retail investors resolutely believe that the continuously rising coins cannot maintain their momentum and will inevitably follow the market to short. However, in reality, there was a significant turnover at the price level of 0.11 on Alpha, with a total scale reaching 1 billion. Therefore, there is substantial support in this range. At the same time, since shorting is mainstream, the funding rate stabilizes at -1% and settles every hour. Thus, even if a downturn occurs, relying on the recovery of the funding rate will keep us in a strong position. The 24-hour funding rate is 24%. Additionally, there has not been a significant top volume at the spot trading end, indicating that the selling has not been completed, and it can be bought and held.
Looking forward to the next target 1400 Stable low-multiple compound interest
知行Alpha
·
--
Trading must be restrained by one's desires; recklessly opening positions in unclear situations will only lead to failure, especially in operations against the trend. January trading record: successfully earned a 20% profit for the account#
Trading must be restrained by one's desires; recklessly opening positions in unclear situations will only lead to failure, especially in operations against the trend. January trading record: successfully earned a 20% profit for the account#
My requirement: I don't need to operate very frequently, I can quietly wait for the market to move in the current direction, I can even go a month without making any moves, as long as I can make money steadily. Strategy: Reduce position size and place limit orders at key overnight levels. Direction: Bearish Reason: 1. BTC MACD weekly shows a top divergence, 2. Short positions dominate, 3. US stock market daily shows a top divergence, 4. US stocks are at historical highs, high risk. Conclusion and action: Main trend is bearish and add 0.01 BTC at each key point.
Tomorrow's perspective eth short 4688-4709 open 0.5 Observe if btc daily line returns to 111800 to determine if the framework has changed Only after confirming the market framework should the next operations be carried out. At this stage, remain in cash and wait for the closing on August 24.
We should seriously execute fixed interval positions. We must be extremely cautious about opening orders. We can choose not to make a profit, but we should try our best not to incur losses. Even if we do incur losses, we should know when to take those losses.
Since we are already contract traders, we should not be overly stubborn about the market framework. We should take profits in a timely manner when there is a certain profit, and push forward the defensive points instead of simply wanting a one-sided market. A one-sided market should be executed in coordination with the trend line breakdown and cost defense.
Log in to explore more content
Join global crypto users on Binance Square
⚡️ Get latest and useful information about crypto.