Tech/Product @ratioedcc | MiCA WP & ICOs: https://xitter.cf/t.co/y1LV1TcP00 | Prev. co-founder @membranefinance (acq. by @paxos)

🏴 ns.com/jjr/invite
Joined April 2011
roinevirta.eth🔴🟢 retweeted
RIP the agent bank run slop Sep ‘26 - Oct ‘26
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roinevirta.eth🔴🟢 retweeted
🚨 MİT ve Emniyet’ten “Kripto Balinası”na Şafak Operasyonu! ▪️ INTERPOL tarafından kırmızı bültenle aranan, “Balina James” lakaplı Richard James Schueler, İstanbul Beşiktaş’ta düzenlenen operasyonla yakalandı. ▪️ MİT’in istihbari çalışmalarıyla saklandığı adres tespit edilen Schueler, İstanbul Cumhuriyet Başsavcılığı koordinesinde, MİT ve İstanbul Emniyeti’nin katıldığı Özel Harekât destekli operasyonla gözaltına alındı. ▪️ İstanbul merkezli uluslararası kripto dolandırıcılığı ağı kurduğu belirlenen şüphelinin, ABD, Finlandiya ve İspanya’daki bağlantılı ofisler üzerinden faaliyet yürüttüğü tespit edildi. ▪️ ABD Menkul Kıymetler ve Borsa Komisyonu (SEC) tarafından 1,5 milyar dolarlık fonu zimmetine geçirmekle suçlanan şüphelinin adresinde milyonlarca dolar değerinde eşya ve çok sayıda elektronik cihaz ele geçirildi. ▪️Richard James Schueler isimli şahsın evinden değeri 500.000.000 TL’nin üzerinde para ve kişisel eşya çıktı.
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Blockchain era: 2009-2015 USDT era: 2015-2025 Euro era: 2026-> ?
Europe's currency deserves Europe's rules, on-chain. Qivalis has been authorised as an electronic money institution by De Nederlandsche Bank. It is an important step towards our euro-denominated stablecoin, to be issued under MiCA, Europe’s regulatory framework for crypto-assets, subject to the completion of the regulatory requirements. As more of finance moves on-chain, the question of whose rules apply becomes a question of European autonomy. Qivalis is developing an answer, backed by 37 European banks across 15 countries.
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Ledger users can now borrow against their Bitcoin through @Morpho, accessed through the Yield API. Every transaction is clear-signed, and custody never leaves your @Ledger device 🧵 (1/3)
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*custody may leave your device due to the nature of your device
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KYH (Know-Your-History) on Ledger: > 2020: Ledger leaks users' contact details, leads to multiyear physical threats & scams on affected users ledger.com/addressing-the-ju… > 2023: Ledger misleads how the secure element works xitter.cf/roinevirta/status/1658… > 2023: Ledger proposes securing recovery phrase in cloud ledger.com/blog/part-1-genes… > 2023: Ledger Kit compromised in supply chain attack, leads to drains ledger.com/blog/security-inc… > 2025: Ledger does not care about your consent and shares your data even if you tell it not to xitter.cf/SCBuergel/status/19827… > 2026: Ledger customers' name & contact information leaked again xitter.cf/zachxbt/status/2008139… > 2026: Ledger vendor supply chain compromised across Asia & Europe xitter.cf/0xJohannes_/status/210…
My understanding from the #Ledger case: it has always been possible to make updates to the secure element, hence even updating it in such a manner that it gives you the raw private key. @Ledger
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Ledger failures part 6: Supply chain compromised across Asia & Europe. Devices send seed phrase via LTE to someone after generation.
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UPDATE: I can confirm that the Ledger supply chain is compromised in Europe as well. @Ledger should initiate an immediate product recall to protect users. I just purchased a second device from a different Mediamarkt location today, recorded the unboxing process, and discovered spyware once again (video linked in the second tweet). The device was compromised in the exact same manner, featuring identical modifications (such as additional cables and an LTE module). This indicates its a widespread issue rather than an isolated incident, potentially affecting Ledger inventory across MediaMarkt and Saturn stores throughout Europe (comprising over 1,000 stores across 11 countries). My initial hypothesis was that these devices were returns that looked unopened to the employees and were just sold again as new however, a MediaMarkt employee confirmed that the device I purchased was not a return, and that returned Ledgers are sent directly back to the manufacturer rather than resold. Store records show the inventory originated from Aqipa GmbH. While Ledger's CTO was unsure if Aqipa serves as the direct distributor between Ledger and MediaMarkt, it appears to be the case. Given that Aqipa distributes across Europe, any physical retail store receiving stock through them may be at risk. I sent the first ledger to mark and the second one is going to ledger now, so that they can analyse it. If you purchased a ledger from anyone other than the official ledger store, make sure to check your device!!
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roinevirta.eth🔴🟢 retweeted
UPDATE: I can confirm that the Ledger supply chain is compromised in Europe as well. @Ledger should initiate an immediate product recall to protect users. I just purchased a second device from a different Mediamarkt location today, recorded the unboxing process, and discovered spyware once again (video linked in the second tweet). The device was compromised in the exact same manner, featuring identical modifications (such as additional cables and an LTE module). This indicates its a widespread issue rather than an isolated incident, potentially affecting Ledger inventory across MediaMarkt and Saturn stores throughout Europe (comprising over 1,000 stores across 11 countries). My initial hypothesis was that these devices were returns that looked unopened to the employees and were just sold again as new however, a MediaMarkt employee confirmed that the device I purchased was not a return, and that returned Ledgers are sent directly back to the manufacturer rather than resold. Store records show the inventory originated from Aqipa GmbH. While Ledger's CTO was unsure if Aqipa serves as the direct distributor between Ledger and MediaMarkt, it appears to be the case. Given that Aqipa distributes across Europe, any physical retail store receiving stock through them may be at risk. I sent the first ledger to mark and the second one is going to ledger now, so that they can analyse it. If you purchased a ledger from anyone other than the official ledger store, make sure to check your device!!
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roinevirta.eth🔴🟢 retweeted
Replying to @moo9000
Left to right: e-SIM, CPU with firmware able to recognize Ledger's font as shown on screen and capture words as they appear on screen, and a LTE module that can connect once the seed has been fully captured.
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roinevirta.eth🔴🟢 retweeted
This is wild. Abstract is forcing users who want to migrate funds to agree to terms of service that prevent them from being part of a class action lawsuit. Users have the option to email within 30 days of acceptance but they have 100% buried this hoping people don’t notice
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Now that’s a launch @openstandard Most supply on Tempo, followed by Solana and Base. Ethereum has the least supply.
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roinevirta.eth🔴🟢 retweeted
Frankencoin Shares (FCS) are live and tradable. Get them on @Uniswap. To celebrate the occasion we are releasing a limited version of the FCS T-Shirt. Share this post. Claim it for free. Only for 24hrs. While supply lasts. merch.frankencoin.com/discou…
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roinevirta.eth🔴🟢 retweeted
Tapir’s first market is live! 🎉 We’re bringing a market for depeg risk to @Zircuit USDC on Base. Explore our first market ↓ blog.tapir.money/p/zircuit-x…
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Finally an EU body is reacting to MiCA's anti-consumer clause; requiring 30% (or 60%) of stablecoin reserves held as bank deposits. An ESCB response to the European Commission suggest scrapping this in favour of requirements which would allow issuers to hold short-term assets.
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