Sooly⚡️سولي

#Nostr News:

Sooly⚡️سولي 🇱🇧🇧🇪🇦🇪🇦🇴 — Wed, 18 Jun 2025 09:17:40 GMT

#Nostr News:
The $81 Million Breach That Ripped Open Iran’s Crypto Curtain

Iran’s top crypto exchange just got gutted. $81 million vanished in hours, leaving behind a trail of mocking wallet addresses and a geopolitical cyber war turned financial.

What Happened
On June 18, 2025, #Nobitex, #Iran ’s largest crypto exchange, was hacked. An estimated $48–$81.7 million in digital assets were stolen: mostly USDT on the Tron network. The culprit? A hacktivist group with Israeli ties called Gonjeshke Darande (Predatory Sparrow). Their message: This isn’t about profit. It’s about punishment.

And yes, they left a calling card:

TKFuckiRGCTerroristsNoBiTEXy2r7mNX

They didn’t just empty wallets. They made a statement.

⸻

The Attack
This wasn’t a sloppy job. It was surgical.
- Hot Wallet Breach: Nobitex’s operational wallets (always online for liquidity) were compromised.
- Multi-Chain Drain: While Tron took the main hit, attackers also looted #Bitcoin, Dogecoin, and EVM-compatible chains.
- Vanity Addresses: Provocative addresses were used to collect funds, taunting Iran’s regime with every transaction.
- Speed: Tron’s low fees and fast finality let attackers move funds within minutes. Detection came too late.

According to blockchain sleuths like ZachXBT, the whole operation spanned hours, not days.

⸻

The Motive
Predatory Sparrow claimed responsibility hours after the attack, accusing Nobitex of:

“Helping Iran evade sanctions and finance terror.”

This comes just a day after they reportedly hit Bank Sepah, a state-owned bank tied to Iran’s IRGC. The message is clear: Iran’s financial infrastructure is a battlefield, and #crypto is no longer a neutral zone.

They also threatened to leak Nobitex’s internal data and source code, putting remaining assets and user privacy at extreme risk.

⸻

Nobitex’s Response
The exchange responded with a standard corporate yawn:
- Confirmed: A “security issue” in hot wallets and reporting systems.
- Assured: Cold wallets are safe. User funds will be reimbursed.
- Paused: Services were suspended. Investigation underway.

But the damage was done. Thousands of Iranians were locked out. Trust is now as frozen as their accounts.

⸻

The Bigger Picture
This isn’t just a hack, it’s a geopolitical front line in bytes and blocks.
- Cyber warfare is evolving: Israel and Iran have moved from nuclear centrifuges to exchange servers.
- Centralized Exchanges are honeypots: Hot wallets are still the Achilles’ heel. Operational convenience > security. Until it’s not.
- In 2025 alone, crypto hacks have cost over $2.1 billion, with hot wallet compromises being the leading vector.

This breach makes Nobitex the largest centralized crypto casualty in the Middle East to date.

⸻

What It Exposes
1. Iranian surveillance risk: Exchanges like Nobitex aren’t just trading platforms, they’re state-adjacent financial proxies.
2. False security narratives: “Cold wallets are fine” doesn’t help when hot wallet infrastructure and internal reporting systems are breached.
3. The illusion of sovereignty: You don’t control your money if you don’t control your keys. Nobitex users just learned that lesson the hard way.

⸻

Final Thought
When state actors and ideological soldiers collide on blockchain rails, users become collateral damage. This isn’t about bugs in code, it’s about broken trust, imperial backdoors, and the fragility of centralized infrastructure.

The message from Predatory Sparrow is simple:
If you build tools for tyranny, don’t be surprised when someone pulls the plug.

⸻

Sigh. NYKNYC

Bank #Sepah: wiped. But here is…

Sooly⚡️سولي 🇱🇧🇧🇪🇦🇪🇦🇴 — Tue, 17 Jun 2025 22:44:06 GMT

Bank #Sepah: wiped. But here is the interesting data:

90M Iranians
75% urban
88% online (off-war)
25% ₿ & crypto adoption
$800M #crypto revenue (2024)

That’s 1 in 5 already exposed to #Bitcoin before the hack in #Iran.

Probably Nothing News #Nostr
nostr:nevent1qqsd2kjf2xklq7rx0z6g440c3fxdkcqtkhetvwhevzjl274kxg8sruqppamhxue69uhkummnw3ezumt0d5kd9akd

🇸🇬#Singapore just told crypto firms: Serve…

Sooly⚡️سولي 🇱🇧🇧🇪🇦🇪🇦🇴 — Tue, 03 Jun 2025 10:53:13 GMT

🇸🇬#Singapore just told crypto firms: Serve overseas clients without a license after June 30, and you’re out.

No grace period. No second chances. MAS is slamming the door on global-facing operations unless you get a DTSP license, which they’re handing out about as often as a Nobel Peace Prize for tax honesty.

This isn’t about banning #crypto or #Bitcoin, it’s about weaponizing compliance. Anti-money laundering, terrorism finance, reputational risk… the usual fear-mongering to corral the last vestiges of monetary sovereignty.

🇦🇪Meanwhile, #Dubai’s rolling out the red carpet. Clear rules, zero capital gains, and regulators who actually want you there. TRON’s already moving $20–$30B/day in stablecoins through the #UAE. The migration is real.

#Singapore: Closed for global crypto business.
Dubai: Open for business, and the future.

Serve clients or serve prison time. your choice. Choose your jurisdiction wisely #nostr.

🟣 Not only the federal government owes…

Sooly⚡️سولي 🇱🇧🇧🇪🇦🇪🇦🇴 — Tue, 03 Jun 2025 09:14:57 GMT

🟣 Not only the federal government owes $37 trillion. America is drowning in debt.

In 2025, they'll run a $1.9 trillion deficit (more than 6% of GDP) and pay over $1.11 trillion just to cover interest. More than the entire U.S. defense budget.

By 2035, the Congressional Budget Office projects U.S. debt will hit $58 trillion, or 130% of GDP.

Moody’s has already stripped the U.S. of its last AAA credit rating.

Their warning? Debt is no longer a long-term issue. It’s now a strategic liability.

Even worst: M2 is expanding again → Up 4.2% year-over-year as of March 2025.

That’s the fastest pace since 2022. We’re watching inflationary pressure return, while real yields evaporate.

#Bonds, once the gold standard of safety, are now melting ice cubes.

And still, #Congress continues to shovel more fuel on the fire.

The latest round of extended #Trump-era tax cuts, wrapped in the ironically named “One Big Beautiful Bill,” will gut federal tax revenue by $4.5 trillion over the next decade, while offering just 1.1% additional GDP growth.

I don’t see this as #policy, but arithmetic failure.

→ As trust is dying, #capital is flocking to #Bitcoin.

The new hedge against political incompetence.

With a fixed supply of 21 million and no central issuer, Bitcoin is structurally immune.

When fiat collapses, code doesn’t beg for bailouts.

Look, we’re experiencing a coordinated, institutional repositioning: 👇

🟠 Over 59% of institutional investors in the U.S now allocate at least 10% of their #portfolios to BTC and digital #assets.

🟠 #BlackRock’s iShares Bitcoin Trust crossed $50 billion in AUM in less than a year. #Fidelity is right behind. Total spot ETF assets are projected to hit $80 billion by end of Q2 2025.

🟠 The latest #Coinbase / #EY-Parthenon survey is crystal clear: 83% of institutional investors plan to increase their #crypto allocations in 2025. 59% of them will go beyond 5% of AUM.

🟠 Nearly 100 publicly listed companies now hold BTC on their balance sheets.

🟠 #Treasury management firms are spinning up Bitcoin-specific advisory practices.

👉 Now, sovereigns are entering the game.

🟠 In March 2025, the U.S. #government consolidated seized BTC into a newly designated Strategic Bitcoin Reserve.

I see it as an admission. #BTC is no longer a threat. It’s an asset.

🟠 European central banks are buying too. Quietly, but with intent.

What was once ridiculed as “internet money” is now treated like digital gold.

#Nostr, I’m not writing about a “crypto story” here but about a capital allocation story.

The old model of relying on bonds is broken.
Real yields: gone.
Trust: gone.
The “risk-free rate” now carries systemic risk.

And we’re watching the global risk-free asset quietly shift from Treasury bonds to the hardest money ever.

𝗕𝗶𝘁𝗰𝗼𝗶𝗻 𝗶𝘀 𝗽𝗼𝘀𝗶𝘁𝗶𝗼𝗻𝗶𝗻𝗴 𝗮𝘀 𝘁𝗵𝗲 𝗳𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗲𝘀𝗰𝗮𝗽𝗲 𝗵𝗮𝘁𝗰𝗵.

The world’s largest asset managers are already on it.
The next move is fully strategic.
Yours could be too.

🚨BREAKING NEWS: The Trojan Horse wears…

Sooly⚡️سولي 🇱🇧🇧🇪🇦🇪🇦🇴 — Wed, 23 Apr 2025 22:59:44 GMT

🚨BREAKING NEWS: The Trojan Horse wears a suit and buys Bitcoin.

#SoftBank, #Tether, and #CantorFitzgerald just launched a $3B Bitcoin treasury company called Twenty One? and it’s not here to play Wall Street’s game. It’s here to flip the table.

42,000 BTC on day one.
That’s enough to make #TwentyOne the 3rd largest public Bitcoin holder globally, right behind #MARA and Saylor’s newly rebranded #Strategy.

And they didn’t just pile in for optics:
>>$585M committed at launch
>>$385M in convertible notes
>>$200M in PIPE equity
All earmarked for stacking more sats and building Bitcoin-native financial rails.

jack mallers is CEO.
Still running Strike, but now also leading a SPAC-backed entity (XXI) designed to break traditional finance over Bitcoin’s knee.

They’re not using Wall Street’s playbook. they’re rewriting it:
>>Bitcoin Per Share (BPS): A real-time BTC valuation metric per share.
>>Bitcoin Return Rate (BRR): How fast BPS is growing.

No more fiat illusions. No more quarterly LARPing.

This isn’t “ #crypto ”
This is capital re-denominated in freedom.

The signal?
Institutions aren’t just dipping toes anymore, #Nostr.
They’re going naked cannonball into #Bitcoin.

Congrats Jack!🫡

Bitcoin is the Best Asymmetric Trade…

Sooly⚡️سولي 🇱🇧🇧🇪🇦🇪🇦🇴 — Wed, 02 Apr 2025 19:16:46 GMT

Bitcoin is the Best Asymmetric Trade of our Time.

The Ultra-Wealthy know it. ⬇️

→ 71% of high-net-worth individuals have invested in digital assets. (Capgemini Survey)

→ 5% of wealthy investors’ portfolios now include #crypto, with the majority focused on #Bitcoin. (BNY Mellon Wealth Management - Image below)

Why? Because they see what most don’t:

✔️ Asymmetric upside: The potential gains dwarf the risk of a small allocation.
✔️ Systemic hedge: Not just an investment, but protection against fiat debasement.
✔️ Early adoption advantage: Front-running the inevitable repricing of money.

It isn’t speculation. It’s positioning.

And it’s happening now.

Not bad for a 16-year-old network built on open code, overriding a 150-year-old centralized financial system...

𝘐𝘮𝘢𝘨𝘦 𝘧𝘳𝘰𝘮 𝘉𝘕𝘠 𝘔𝘦𝘭𝘭𝘰𝘯 𝘞𝘦𝘢𝘭𝘵𝘩: "𝘍𝘢𝘮𝘪𝘭𝘺 𝘰𝘧𝘧𝘪𝘤𝘦 𝘱𝘳𝘰𝘧𝘦𝘴𝘴𝘪𝘰𝘯𝘢𝘭𝘴 𝘣𝘳𝘦𝘢𝘬 𝘥𝘰𝘸𝘯
𝘰𝘧 𝘤𝘶𝘳𝘳𝘦𝘯𝘵 𝘢𝘴𝘴𝘦𝘵 𝘢𝘭𝘭𝘰𝘤𝘢𝘵𝘪𝘰𝘯"

#BitcoinEducation

In Lebanon and Angola, local manufacturers…

Sooly⚡️سولي 🇱🇧🇧🇪🇦🇪🇦🇴 — Thu, 27 Feb 2025 18:18:42 GMT

In Lebanon and Angola, local manufacturers lobby to raise import taxes, crushing competition. It’s protectionism—plain and simple. Like everywhere in the developing world.

What stops centralized #crypto exchanges from doing the same in the west against self custody tech? Pushing for regulations that make self-custody harder, nudging the masses to keep their #Bitcoin locked in custodial platforms?

They’ll say it’s for “consumer protection,” but the real goal #nostr ? Control. Fees. Surveillance.

nostr:nevent1qqswmyvgs52a2ksyu8vrpav0yry3u4falxk70v2z3ky0nx0trnxe4kgzgsyaq

US agencies issued 29% of all…

Sooly⚡️سولي 🇱🇧🇧🇪🇦🇪🇦🇴 — Fri, 21 Feb 2025 16:04:26 GMT

US agencies issued 29% of all #bitcoin #crypto data requests in 2024. Source: Kraken #nostr

THE CRYPTO TUNNEL HAS NO LIGHT…

Sooly⚡️سولي 🇱🇧🇧🇪🇦🇪🇦🇴 — Fri, 07 Feb 2025 16:48:37 GMT

THE CRYPTO TUNNEL HAS NO LIGHT AT THE END

Someone from the family office world reached out to me. She wanted to “learn about blockchain.”

I never correct that question. I let them come, sit, and listen—then the real conversation begins.

This one was on Google Meet.

She was a technologist, she said. (She was either the greatest actress or super naive ignorant) Wanted to launch a token. Not for a breakthrough, just for “visibility” and “good causes.”

Ah. A branding exercise i said.

Then came the Dubai question. Could I help her “get into the scene”?

By that point, my agenda was clear: sip my coffee, entertain myself, and watch this unfold. It had been a while since I humored one of these conversations. Years of crypto event invites, whitepaper requests for reviews, and the obvious had made me allergic to this nonsense scambling.

But today, after a long busy week, with a free afternoon, why not?

She went on about using tokens for supermarket loyalty programs. I asked the obvious:

Why do you need a blockchain for this?

Her answer? A word salad about marketing pilot projects.

I countered: Do you know the Bitcoin loyalty points global program?

Silence.

So I laid it out: Bitcoin is already a universal, open-source, actual only unstoppable token. Satoshis can be used for loyalty points, cashback, payments—anything. No need to reinvent a Ponzi.

She was looking at me like a child listening in class.

Then I got blunt.

It seems you're after the money. The only way to make money from a token is to dump it in the market. And that’s how every altcoin game ends: rug pulls and exit liquidity. And by that people and families get hurt.
So why do that? Why take the long expensive useless road while you have a solid well lit highway?

She started taking notes. I started wondering what I was doing here.

I told her:

- 50% of the entire market cap is Bitcoin.
- Every “loyalty token” idea can be done with existing tech—SAP, Oracle, whatever.
- If you wanna do give for a good cause, you can just donate or give probono branding.
- If you're a technologist, check out the nostr protocol. She took note.
- And If you have investors and family offices who wanna make money while actually wanting to build something, you can invest in companies building on Bitcoin L2s and L3s. There are many, check #egodeathcapital and bitcoin angel investing platforms and other funds that exists that are very promissing and sometime outperforming Bitcoin's returns.

She continued writing while she circled back to supermarket chains.

So I made it simple:

(She seemed from the Northern cleaner countries)
Crypto is a supermarket full of toxic shitty junk mass produced food. Bitcoin is a premium boutique selling the highest-quality goods, the same for billionaires and the poor.

She stared at me like a kid being lectured.

If you are a good human doing a study to do a business, invest as much time you did for idea to seriously research why there are no use cases for your token and the blockchain you re building on. Be brutally honest with yourself. It's not worth the time or the money. Life is short. Better live your life on sound principles. Be smart. Study Bitcoin.

Then I checked my watch. 28 minutes in. Time was up.

I wrapped up:
“I’m not charging you for this call. But I only work with #Bitcoin only businesses. The #crypto #blockchain tunnel is dark, and there’s no light at the end of it.”
Hung Up.

I know what you might think.
But I kinda liked letting off that steam at the end of the week.
Felt Good!

Thanks for reading #nostr .
Have a fantastic Friday afternoon!

NO COMMENT

Sooly⚡️سولي 🇱🇧🇧🇪🇦🇪🇦🇴 — Tue, 04 Feb 2025 16:05:33 GMT

NO COMMENT

#Bitcoin not #Crypto
#Nostr not #X
#BitcoinLawyers not #CryptoLawyers

Not a #meme

Sooly⚡️سولي 🇱🇧🇧🇪🇦🇪🇦🇴 — Mon, 03 Feb 2025 23:06:48 GMT

Not a #meme
#Bitcoin not #Crypto
#Nostr not #X

🟠BITCOIN: STRONGER THAN ANY POLITICIAN, BEYOND…

Sooly⚡️سولي 🇱🇧🇧🇪🇦🇪🇦🇴 — Mon, 20 Jan 2025 17:11:16 GMT

🟠BITCOIN: STRONGER THAN ANY POLITICIAN, BEYOND ANY BORDER

First #Trump, then #Melania, now a flood of coins from political figures and influencers seems inevitable. Soon, the Trumps’ dog might have its own token. Political leaders worldwide will follow, launching personal coins, backed by their cult-like sheeple followings. This trend is the predictable evolution of a system rooted in fiat games and celebrity endorsements. But here’s the truth they won’t tell you: these coins are distractions.

Instead of building coins tied to political agendas or national egos, consider the beauty of Bitcoin. It’s the only asset that transcends borders, sanctions, and governments. When Trump championed “America First,” he empowered U.S. companies with legislation. But in the #crypto space, the centralized fiat- #Keynesian system, run by the Federal Reserve, dominates, and sanctions ripple across the world.

Here’s where Bitcoin breaks the mold.
🔸Unseizable: No government or institution can confiscate your wealth.
🔸Borderless: Bitcoin doesn’t care if you’re inside or outside the U.S.
🔸Incorruptible: No politician, billionaire, or trillionaire can manipulate its rules.

If your country is one decision away from crippling sanctions, ask yourself: Why waste time building crypto projects that crumble under fiat control? Whether the intentions are noble or not, they’re still playing in a broken system.

#Bitcoin is freedom.
It’s stronger than any politician. It exists outside the control of any centralized authority. Build on Bitcoin. Save in Bitcoin. Invest in Bitcoin.

🟣Don’t tie your future to the fleeting power of political figures or their tokens. Opt out. Bitcoin isn’t just better, it’s the only system that works for you.

#BitcoinEducation for #Nostr and beyond.

🔥 Yet another embarrassment for the DOJ…

Sooly⚡️سولي 🇱🇧🇧🇪🇦🇪🇦🇴 — Mon, 20 Jan 2025 16:28:07 GMT

🔥 Yet another embarrassment for the DOJ in the Tornado Cash case exposed by L0la L33tz

The logic here? Utterly dystopian. Imagine holding toolmakers responsible for every misuse of their tools. By this standard, Ford is liable for getaway cars, and Apple for hacked Macs.

Let’s not forget: Tornado Cash implemented sanctions oracles to block OFAC-listed entities. But no, the Government waves this off as "window dressing," while insisting the sole purpose of #TornadoCash was criminality—even though their own data shows only 14% illicit usage.

And now, the developers? Being charged for creating an interface. It’s #FATF recommendation 66 on steroids, with zero regard for #FinCEN guidance or actual adoption.

This isn’t law enforcement—it’s a desperate attempt to criminalize open-source innovation. 🚨 A warning shot to every dev in #crypto: your code isn’t safe from centralized overreach.

If these actions stand, the consequences for privacy, technology, and innovation will be catastrophic. This isn’t just about Tornado Cash—it’s about the future of freedom in a digital age.

nostr:nevent1qvzqqqqqqypzpk9xancv89h24rme53yhl6dh0hyhwce528eu5hrrfcsgvkg3vermqyt8wumn8ghj7etyv4hzumn0wd68ytnvv9hxgtcpr4mhxue69uhkummnw3ezucnfw33k76twv4ezuum0vd5kzmp0qy2hwumn8ghj7mn0wd68ytn00p68ytnyv4mz7qpqye83hl3mutnrr8t34q4agxm9sfn0e5cus0fg7fqsfsr2npxluqxqznmd8u