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JUST IN: BTCPay Server reports hot wallets being swept by attackers. Server operators are advised to shut down their instances until the investigation is complete.
In Seoul for @btcplusplus or @btckoreaconf ? There is a DIY signer workshop happening. Attendees, via proof of work, will have a chance to win an ESP32P4 device which Seedsigner, Specter-DIY, Kern, and kiss-signer are building on. We plan to support also
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UPDATE: 🚨 BTCPay is offering a 10% recovery bounty — up to 3 BTC — for information leading to the recovery of funds stolen in the recent exploit against it.
Bitcoin Capitalism — my keynote from @BTCPrague 2026. Digital Capital is the foundation for Digital Credit, Digital Money, Digital Yield, Digital Equity, and a universe of Bitcoin-backed products and services. Timestamps: 01:37 - The Four Bitcoin Ideologies and the case for Bitcoin Capitalism 03:29 - Bitcoin as Digital Capital: thousand-year capital with a half-life of infinity 06:12 - Bitcoin network snapshot and ~68% dominance 07:41 - What is money? The Austrian view, the conventional investor view, and “Bitcoin is money, everything else is credit” 09:21 - Digital Money and Digital Credit: bitcoin-backed products for fiat-facing investors 11:28 - Digital Credit: an ~$11–12B asset class that was zero 12 months ago 14:54 - Bitcoin’s opportunity: $1T of bitcoin vs. $1,000T of global capital 15:43 - The 10-dimensional model for reaching stranded capital 16:44 - 1) Asset types: commodities, equities, credit, derivatives, real estate, money, and tokens 18:07 - 2) Capital functions: store of value, appreciation, income, collateral, and payments 19:29 - 3) Custody: self-custody, banks, custodians, broker-dealers, prime brokers, and exchanges 20:34 - 4) Jurisdictions: 664,000 legal and regulatory environments for capital 22:03 - 5) Distribution networks: banks, exchanges, payment networks, and $156T controlled by wealth advisors 23:13 - 6) Account forms: retirement accounts, brokerage accounts, insurance policies, treasuries, and trusts 24:51 - 7) Risk: market, currency, duration, regulatory, credit, technical, security, theft, and counterparty risk 26:03 - 8) Liquidity: transforming $350T of illiquid capital with liquid digital assets 28:02 - 9) Investors: banks control ~$200T and need compliant bitcoin-backed products 30:09 - 10) Product characteristics: fixed rate, floating rate, leverage, callability, fees, and structure 30:45 - The 10x10 matrix for channeling global capital into Bitcoin 31:19 - How $10–20T of capital could expand Bitcoin into a $100T network, moving from $70K to $700K to $7M per bitcoin 32:10 - Bitcoin Capitalism as a Darwinian market: winners, challengers, failures, and 1,400 companies tracked by Strategy 34:53 - Existing bitcoin-backed products: @Trezor, @Unchained, @Fidelity, @Fold_app, @Tando_me, @Relai_app, @CashApp, @HodlHodl, @AnchorWatch, @Meanwhile, $IBIT, $STRC, and $MSTR 40:03 - Digital Capital, Digital Credit, Digital Money, and Digital Yield competing with traditional capital markets 41:03 - Digital Money and Digital Yield: better stablecoins and higher-yield bitcoin-backed products 47:27 - 3 ways to participate: savers, investors, and innovators 49:19 - The aluminum airplane analogy: people buy the product, not the commodity underneath 52:29 - Build a ₿ridge to connect $BTC to the global capital markets 53:42 - 10,000 products, 10,000 needs, and 100,000 corporate efforts to change the world
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The KuCoin Institutional team will be attending @BTCPrague 🇨🇿 - one of Europe’s leading Bitcoin-focused events. Across keynotes, panels, and side events, BTC Prague is known for its strong focus on Bitcoin fundamentals, adoption, and the evolving global market structure around it. We’re looking forward to connecting with traders and industry peers on the ground. #KuCoin# #Institutional# #Crypto# #DigitalAssets# #Networking#
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It was such a pleasure to be on @BTCPrague podcast with @JoeNakamoto. Joe is such an incredibly professional person, I am impressed! We talked a lot about AI, a little bit about diversity, and of course Bitcoin adoption :)
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Today, we are releasing BTCPay Server v2.4.3-rc4, a security update addressing vulnerabilities reported by the Bitcoin Red Team, @ProjectLoupe, @MagicGrants, @Premai_io, and independent researchers. This release follows several days of nonstop work, review, and testing. It was built from our temporary private security repository, but to make these security fixes available as quickly as possible, we are releasing the Docker image publicly now. This is a release candidate, so bugs may still be present. NFC is now opt-in, and the Phoenixd plugin is temporarily incompatible with this release. Please report any issues to the team. We will document behavioral changes within the main release. Despite its RC status, we strongly recommend upgrading now using the standard process: Server Settings > Maintenance > Update or run or run btcpay-update(.)sh from the command line, removing the parentheses If no significant issues are reported, the release candidate will be tagged as v2.4.3 and fully open-sourced within the next 48 hours.
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Michael @Saylor believes Bitcoin can 500x. The more interesting question is how. At @BTCPrague, we discuss whether Bitcoin’s path forward is driven primarily by adoption and savings, or by capital flowing in through global credit markets. We also tackle mNAV, concerns around dilution, and Bitcoin per share. TIMESTAMPS: 00:00 Why Michael Saylor calls this the most exciting year in Bitcoin history 2:34 Setting the record straight: why Strategy sold 32 Bitcoin 3:55 How Strategy works like a reserve bank built on Bitcoin 6:58 How the company turns Bitcoin gains into payouts - without the tax hit 9:12 Answering the short sellers 11:40 Why a better credit rating could put Strategy in the S&P 500 13:27 Saylor responds to his critics on X 14:47 The constant balancing act: chasing growth without taking on too much risk 16:22 The balance sheet explained: what the company actually owes 20:56 What “digital credit” really means, in plain terms 24:06 What it really costs to raise money 27:31 The trade-off: more Bitcoin per share vs. more risk 41:07 Why idealism alone won’t get Bitcoin there - but big money can 49:42 The “AI summer” pulling money away and when it flows back to Bitcoin
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No recording this week. Team at BTCPrague. See you next week.