Twitxy Saved

The Smart Ape 🔥

Verified account This account is verified. Learn more

@the_smart_ape

Father | Pudgy Penguin #3588 | just talking about crypto, AI and finance | Building @alphapebot | Nothing is financial advice | DM open 📩 |
On-Chain t.me/alpha_smartApe Joined April 2022
826 Following 74K Followers 31K Posts

Latest posts 5

Pinned post

The Smart Ape 🔥 Verified account @the_smart_ape
people who stored their btc on coldcard got drained because of entropy.

the seed generation was reproducible, anyone could recompute their keys.

so i went through every other hardware wallet to see how they make your seed, and whether the same thing can happen again.

@Trezor: mixes the device's randomness with randomness from your computer, and the device has to prove it used both. even if its chip is fully broken, you're still fine. the best design here by far.

@BitBoxSwiss: 5 separate sources of randomness combined. one bad source can't sink you. open source, reproducible builds, dice supported.

@FoundationHQ: built their own randomness circuit out of plain resistors and capacitors, open source, on top of two other sources. no black-box chip to trust. supports dice.

@KeystoneWallet: 2 secure chips from 2 different manufacturers, combined. also lets you roll 99 dice and publishes how to check the result yourself.

@Blockstream: jade pulls from 7 things: radio noise, cpu counters, battery, temperature, camera, your input, the app. very hard to break all of them.

@SeedSigner: your dice are the only source. no chip to trust at all. and they ship a guide teaching you to verify their own math. weakest hardware, strongest proof.

@OneKey: secure element plus mcu combined on device, open source firmware. solid, but you can't add your own randomness.

@Ledger: one certified chip (AIS-31, EAL5+). good randomness. but it's a single source, closed source, and you cannot verify any of it. you're trusting them completely.

@Tangem: key is born inside the chip and never comes out. audited by three firms. same trade: strong, and impossible for you to check by design.

@ngrave_official: mixes chip randomness with your fingerprint and room light. clever. but the "EAL7" badge covers one software component, not the whole device.

@ELLIPAL: single certified chip, no software fallback, fails closed instead of guessing. closed source, so take it on faith.

@SafePal: 2 chips mixed. they've never published the details.

@COLDCARDwallet: patched now, and dice on coldcard were always verifiable. but every seed made between 2021 and 2026 is permanently burned.

one source = ledger, tangem, ellipal. that one source fails, everything fails. their answer is to make it excellent and certified. that's exactly the bet coldcard lost.

many sources = trezor, bitbox, passport, jade, keystone. one broken source never reaches your key.

and every one of these claims 128 or 256 bits.

coldcard did too. certification doesn't help either, coldcard's chip was fine, the code just stopped calling it.

the only thing that saves you is being able to check.
roll your own dice. verify the words yourself.
248 replies 566 reposts 2.9K likes 317K views View on X
The Smart Ape 🔥 Verified account @the_smart_ape
$833M of stablecoins moved onto @arc in the last 30 days. that’s +137%, while the rest of crypto lost $16B.

but no one uses the chain.

same 30 days on arc:

> stablecoins: +137%
> trading volume: -62%
> active wallets: -83%

more money, fewer people, less trading.

so where did the money go?

on oct 14 at 21:19 utc, 4 brand-new wallets each got a $1 test payment. all 4 within 16 seconds, from the same sender.

between oct 19 and nov 12, that sender filled them with $375M, in $75M chunks. it gets its usdc freshly minted by circle.

those 4 wallets haven’t moved a dollar since.

that’s 45% of all the new money on arc, sitting in 4 wallets doing nothing.

the same sender filled a 5th wallet back in september. it still holds $234M.

5 silent wallets = $609M = 43% of all the usdc on arc.

compare it to robinhood chain. it holds less money than arc ($1.0B vs $1.44B), but it has 20x more weekly users and 34x more trading volume.
12 replies 0 reposts 16 likes 2.1K views View on X
The Smart Ape 🔥 Verified account @the_smart_ape
how much does it cost to put a floor under a @Pumpfun coin at:

$10k mcap → $2.7k
$100k mcap → $10.8k
$1m mcap → $34k
$10m mcap → $108k
$100m mcap → $343k
$1b mcap → $1.08m

that’s if you’re the only buyer.

now compare that with pumpfun’s revenue:

> pumpfun made $1.31m yesterday. that’s ~$54k an hour
> 38 minutes of revenue is enough to hold a coin at $1m
> 20 hours of revenue holds one at $1b
> one full day holds a coin at $1.46b
23 replies 5 reposts 96 likes 11K views View on X
The Smart Ape 🔥 Verified account @the_smart_ape
$hype doesn’t care about this crash.

since bitcoin topped on oct 6 2025:

doge: -75%
sol: -66%
xrp: -66%
eth: -57%
bnb: -48%
btc: -44%
trx: -9%
hype: +50%

only 3 of the 10 biggest coins are up since the top. zcash (+473%) and monero (+70%) are riding the privacy trade.

the third one is hype.

@HyperliquidX takes the fees it earns and uses them to buy hype on the market. every single day. right now that’s ~$2.3M a day, whatever the price.

since the btc top, it spent $796M and bought 17.9M hype. that’s ~6% of all hype in circulation, taken off the market.
16 replies 1 reposts 29 likes 3.8K views View on X
The Smart Ape 🔥 Verified account @the_smart_ape
this is really bad.

$16.1B of stablecoins just left crypto in 30 days. the 2nd biggest drop ever. only the luna collapse was worse.

usdt: -$8.6B
usdc: -$3.8B
usd1 (world liberty): -25%
usds (sky): -23%

-$4.8B in the last 7 days alone.

ethereum, where funds and exchanges keep their dollars: -$12.3B (-8.5%)
tron, where people use usdt to pay each other: -$1.2B (-1.3%)

77% of the drop happened on ethereum. the big money left. everyday users mostly stayed.