Erik Huisman (@DDhardesh) header
Erik Huisman (@DDhardesh) profile picture

#Bitcoin, Crypto expert, ultimate Degen. On chain analyst and hodler. Timestamper for Ivan On Tech aka Gooseman

Joined September 2020
Photo by Erik Huisman (@DDhardesh)Photo by Erik Huisman (@DDhardesh)Photo by Erik Huisman (@DDhardesh)Photo by Erik Huisman (@DDhardesh)Photo by Erik Huisman (@DDhardesh)Photo by Erik Huisman (@DDhardesh)Photo by Erik Huisman (@DDhardesh)Photo by Erik Huisman (@DDhardesh)Photo by Erik Huisman (@DDhardesh)Photo by Erik Huisman (@DDhardesh)
The fourth busiest blockchain by active addresses took in $1,385 in fees for the whole of October, by DefiLlama's count. That's opBNB, with 689,000 addresses active on its median day. We didn't want to lean on one dashboard, so on 2 November we sampled 563 of its transactions ourselves, and 80% went to just six contracts. The data can't tell us who's behind them. This is for educational purposes only. Not financial advice. Have you ever used opBNB yourself, or do you know anyone who has?
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We ranked the ten busiest blockchains by daily active addresses in October, then followed the money on each one. The busiest one isn't Bitcoin or Ethereum. Which chain do you actually use most?
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If you remember JELLY as the day Hyperliquid's vault lost $13 million, that was HLP's paper loss at its worst, reported at about $12 million to $13.5 million. On 26 March 2025 validators voted to delist the market and positions settled at $0.0095. Hyperliquid said HLP was about $700,000 up over the 24 hours. Supporters say that protected depositors. Critics say a few validators could pick the price. This is for educational purposes only. Not financial advice. If you put money in a vault, do you know who can step in when a trade goes wrong?
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When a Hyperliquid liquidation can't be sold into the order book, it goes to a vault, and after that to the winning traders. We rebuilt the three days in 2025 when each step was tested. Have you ever been hit by ADL?
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There is no red. There is no blue.
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If you read that 50 companies blocked tokenized stocks, the objections are narrower than that. Under the SEC exemption of 17 September 2026 a company gets 30 days to object, with no reason needed, and the objection covers only the venue that sent the notice. Another venue would need its own notice, and the company can still tokenize its stock another way. This is for educational purposes only. Not financial advice. Have you ever wanted to trade a US stock outside market hours?
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ICE, the company behind the NYSE, and OKX plan a venue for tokenized US stocks around the clock. By its 30 October notice, 50 companies had objected, Nvidia included. Who should decide where a stock can trade?
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You can read a prediction market without any maths, because a winning share pays 1 dollar and a losing one pays nothing. So a price of 70 cents reads as the crowd's 70% odds. In our example, 10 dollars at 70 cents buys about 14.28 shares: 14.28 dollars back if Yes wins, nothing if it loses. The market in that example is a redrawn illustration. This is for educational purposes only. Not financial advice. Have you ever looked at a market's price and thought the crowd had the odds wrong?
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A 1-dollar share on Polymarket or Kalshi doubles as the odds. We wrote up how both work, who decides the answer on each, and last week's Polymarket hack. Have you ever traded on a prediction market?
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The US just cut MEXC off from American firms and didn't freeze a single coin. The order lands on US banks and crypto firms, not on the exchange. And FinCEN admits they have "few, if any" ways to refuse crypto sent to them. Should one country hold that power?
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I hope with these new facts the Dutch government stops chasing the fallacy of wanting to spend billions on reducing the carbon footprint of the world with 0.00036 percent.
NEW PAPER: IPCC DEBUNKED AGAIN! Human-Caused CO₂ Rise FALSIFIED MEASUREMENTS PROVE IT! Isotopic, radiocarbon, and energy-balance measurements expose the failures of Engelbeen et al. (2024). - Keeling intercept: −13.2 ± 0.2‰ - Fossil fraction of net atmospheric CO₂ addition: indistinguishable from ZERO - Bomb ¹⁴C decay: 18.4 years - Mass balance provides ZERO evidence of causation Cohler & Soon (2026) Science of Climate Change, 6(4), 100–136. papers.jcohler.com/ehb/
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BREAKING: 🇺🇸 DEMOCRAT HOUSE REP MAXINE WATERS JUST ANNOUNCED DEMOCRATS WILL PASS #BITCOIN AND CRYPTO LEGISLATION CONGRESS MUST “STOP TRUMP’S CRYPTO CORRUPTION” THEY WANT RULES FOR “LEGITIMATE CRYPTO VENTURES” AND TO PROTECT CONSUMERS BTC IS CROSSING POLITICAL AISLES CLARITY FOR CRYPTO IS COMING 🚀
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The name on the Hyperliquid news is ICE, owner of the NYSE. On 29 October it partnered with Trade XYZ and invested in it, size undisclosed, and ICE's CEO called perps "additive to our futures markets, not a replacement for them". It still needs regulatory approval, there's no launch date as of 3 November, and Hyperliquid itself stays closed to US users. This is for educational purposes only. Not financial advice. Did a name like ICE change how you look at Hyperliquid?
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On 29 October, the company that owns the NYSE made a bet on Hyperliquid's technology. We went through everything you can do on Hyperliquid, from the gentlest to the riskiest, using its own docs. Which part should we explain next?
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You can use an exchange with strong security and still lose your account through your phone carrier. In a SIM swap, a criminal gets the carrier to move your number to a SIM they control, then catches your text-message codes. CISA, the US cybersecurity agency, recommends passkeys or FIDO security keys over text-message codes. This is for educational purposes only. Not financial advice. Is your exchange login still protected by a text-message code?
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We mapped the six ways attackers try to get into a crypto exchange, from your own login to the hot wallet, and added the Binance hot-wallet theft our film missed. Which gate do you think is weakest?
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I laughed so hard I cried. God damn this was well done.
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Let the clash of the titans begin. Who will be the underdog?
If Donald Trump wants to be Mr. Veto, let’s test that out. The new Democratic majority in Congress should pass bills to make life more affordable and our government less corrupt.
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And so the overlord has spoken her first words of doom.
Congress has the power to hold Trump and his cronies accountable for ripping you off to make themselves richer. I'm looking at you – Big Tech CEOs, Wall Street executives, and giant corporations. If you break the law, there will be consequences.
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You can’t print another day.
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Checking your own leaf in a proof of reserves shows you're in the tree. It can't show everyone else is, because the exchange decides which accounts go in. In a worked example, 11 coins against 10 owed reads 110%. Add two left-out accounts and it's 11 against 12, about 92%. That's a limit of the method, and we aren't saying any exchange does it. This is for educational purposes only. Not financial advice. When you first saw a proof of reserves, did you think it covered everyone?
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After the $6.3 billion hack of Binance's hot wallets, customers pulled a net $3.6 billion out once withdrawals reopened. What does a proof of reserves actually prove? Have you ever checked your own leaf?
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12,224 ZEC are frozen in Zcash's oldest privacy pool. The keys are still valid. A key only signs. Nodes decide if it counts, and since Friday they reject the only format those coins can use. About 10,000 got out first. No recovery plan is approved. This is for educational purposes only. Not financial advice. Should old coins get a deadline?
🤖 Made with AI
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The $2.8 billion count of North Korea's crypto theft from January 2024 to September 2025 doesn't come from the UN. Russia vetoed the UN panel's renewal in March 2024, China abstained, and the panel shut that April. Eleven countries, including the US, Japan and South Korea, then set up their own team, the MSMT, and the count is from its October 2025 report. This is for educational purposes only. Not financial advice. When you read a number for a hack, do you ever check who counted it?
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On 29 October hackers took about $6.3 billion from Binance's hot wallets, and the FBI says North Korea did it. Its hackers can't be arrested. We ranked the five levers the world does have. Which would you push hardest?
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We'll have to see how this plays out. But having Maxime Waters and Elizabeth Warren as supreme overlords is not something to look forward to in my opinion.
The Democratic sweep could be more BULLISH for crypto than it looks. Democratic control of Congress brings tougher oversight, but it also brings lawmakers who support digital assets and blockchain innovation. 245 pro-crypto candidates have been elected so far, according to Stand With Crypto. Thats 68.2% of midterm winners being pro-crypto. As Ripple’s Brad Garlinghouse put it: “Pro-crypto members won on both sides of the aisle.” “New Congress, with the same mission: clear rules, built in America.” Crypto has also become a major political force. The industry has spent over $170 MILLION on the midterms, largely through Fairshake and its affiliates, making its priorities harder for either party to ignore. That influence does not mean an easy legislative path. 'Anti-crypto' Elizabeth Warren and Maxine Waters are positioned to lead key committees, with stronger consumer protections, restrictions on illicit finance and scrutiny of Trump-family ventures such as World Liberty Financial likely to take priority. The resulting investigations could make the industry-backed version of CLARITY impossible to advance. But there is a constructive possibility after all as tougher negotiations could produce rules with broader political support and stronger safeguards. For crypto, this is a major opportunity in building a framework that can survive changes in power.
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🚨JUST IN: 'Anti- Crypto' Elizabeth Warren set to become Senate Banking Committee chair, giving the outspoken crypto critic major influence over financial regulation. The role would put Warren at the center of crypto legislation, banking oversight and scrutiny of financial regulators. Democrats also plan to investigate financial ties between the crypto industry, President Trump and his family, per Bloomberg.
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