
Host of The $DOG MILLIONAIRES Show on X Spaces. Dog is Hope. ₿itcoin is Freedom.. ∞/21M 💎🐕🚀🌕 ᛤRunestone Collectorᛤ Follower of Christ✝️
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Joined November 2012
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J.Dog ᛤ retweeted
Beware of anyone telling you that your funds are "safe" inside of Binance
This is obviously untrue
Security Protocol for Ordinals & Runes
How do you properly store your Ordinals & Runes?
As security & self custody comes back into the forefront of the Bitcoin conversation with the recent @COLDCARDwallet vulnerability, it’s important to discus safe practices for digital assets on Bitcoin.
Currently the only hardware device compatible with Ordinals & Runes is @Ledger paired with @xverse
If you like more information on that solution I recommend reading these articles directly from each company.
Ledger: support.ledger.com/article/1…
Xverse: xverse.app/ledger-hardware-w…
I have chosen not to use ledger with Xverse & created a make shift cold storage wallet from an old iPhone X.
I will explain my process here to help anyone interested in protecting their assets & do not want to trust hardware devices.
First off, you should think of your setup as a separation between your hot wallets which connect to websites & you actively trade with vs cold wallets which you never connect to websites & use primarily to store assets.
Your hot wallet is your everyday use wallet & should have very few funds in the case you get drained you don’t lose your life savings.
Your cold wallets should never connect to the internet & are primarily used to store your high value Ordinals & Runes.
Step 1: Completely wipe an old smart phone, preferably your own to ensure it wasn’t tampered with. Remove the SIM card or disconnect the e-SIM. This will act as your cold storage hardware device that you will keep disconnected from the internet.
Step 2: Using a secure WiFi connection, download @xverse & create a new wallet. Xverse relies on the RNG (Random Number Generator) from the device you are using to create your seed phrase so ensure your using a trusted model. I chose an iPhone X, Apple products a very high security model & can do the job. Turn off the WiFi once you’ve downloaded the app.
Step 3: Write down your seed phrase on paper & store it in a secure location. DO NOT store it online or any electronic device. Your Xverse wallet already has a backup of your seed phrase stored in the app. You can stamp your seed phrase on a steel plate in the case you lose your device or suffer from a house fire that destroys your device/paper copy. Add a password to your device for added security & make sure to have that written down if you risk forgetting the password.
Step 4: Once your wallet is set up & you have your private seed phrase saved in a secure location you can now begin to send funds & assets to your device. Do a test transaction from your hot/trading wallet to your cold storage. You will have to turn on your secure WiFi to see if it reaches the device. Once you’ve sent all the assets you wish to store in cold storage to your device, you can now turn it off & put it in a faraday bag for added security. Xverse allows you to save the public address of your cold storage device to your hot wallet device so you will never have to turn on your cold storage to send funds/assets.
For now until better hardware solutions are built, this is a sufficient way to store your Ordinals & Runes in a secure way.
Stay safe. $DOG
J.Dog ᛤ retweeted
How do you properly store your Ordinals & Runes?
As security & self custody comes back into the forefront of the Bitcoin conversation with the recent @COLDCARDwallet vulnerability, it’s important to discus safe practices for digital assets on Bitcoin.
Currently the only hardware device compatible with Ordinals & Runes is @Ledger paired with @xverse
If you like more information on that solution I recommend reading these articles directly from each company.
Ledger: support.ledger.com/article/1…
Xverse: xverse.app/ledger-hardware-w…
I have chosen not to use ledger with Xverse & created a make shift cold storage wallet from an old iPhone X.
I will explain my process here to help anyone interested in protecting their assets & do not want to trust hardware devices.
First off, you should think of your setup as a separation between your hot wallets which connect to websites & you actively trade with vs cold wallets which you never connect to websites & use primarily to store assets.
Your hot wallet is your everyday use wallet & should have very few funds in the case you get drained you don’t lose your life savings.
Your cold wallets should never connect to the internet & are primarily used to store your high value Ordinals & Runes.
Step 1: Completely wipe an old smart phone, preferably your own to ensure it wasn’t tampered with. Remove the SIM card or disconnect the e-SIM. This will act as your cold storage hardware device that you will keep disconnected from the internet.
Step 2: Using a secure WiFi connection, download @xverse & create a new wallet. Xverse relies on the RNG (Random Number Generator) from the device you are using to create your seed phrase so ensure your using a trusted model. I chose an iPhone X, Apple products a very high security model & can do the job. Turn off the WiFi once you’ve downloaded the app.
Step 3: Write down your seed phrase on paper & store it in a secure location. DO NOT store it online or any electronic device. Your Xverse wallet already has a backup of your seed phrase stored in the app. You can stamp your seed phrase on a steel plate in the case you lose your device or suffer from a house fire that destroys your device/paper copy. Add a password to your device for added security & make sure to have that written down if you risk forgetting the password.
Step 4: Once your wallet is set up & you have your private seed phrase saved in a secure location you can now begin to send funds & assets to your device. Do a test transaction from your hot/trading wallet to your cold storage. You will have to turn on your secure WiFi to see if it reaches the device. Once you’ve sent all the assets you wish to store in cold storage to your device, you can now turn it off & put it in a faraday bag for added security. Xverse allows you to save the public address of your cold storage device to your hot wallet device so you will never have to turn on your cold storage to send funds/assets.
For now until better hardware solutions are built, this is a sufficient way to store your Ordinals & Runes in a secure way.
Stay safe. $DOG
J.Dog ᛤ retweeted
If every Binance customer tried to withdraw their funds right now I don't think Binance would have enough crypto to cover what it owes them
Which is why all withdrawals have been halted indefinitely
Btw there's a term for this situation
Insolvency
J.Dog ᛤ retweeted
The Binance hacker might have just pulled off one of the smartest moves I’ve seen in crypto.
First, Tether froze $1.5 billion in USDT.
Then Circle froze another $800 million in USDC.
At that point, it looked like the hacker’s money was trapped.
But apparently, he had already planned for that.
Instead of holding the stolen USDT in a wallet, he allegedly deposited it into Aave and used it as collateral to borrow ETH.
Then he walked away.
That’s where the story gets crazy.
Tether can freeze the USDT sitting in the wallet.
But it can’t freeze the ETH he already borrowed.
So now Aave is left holding frozen collateral, while the hacker is sitting on liquid ETH.
And unless the protocol can recover it somehow, he may not even need to pay the loan back.
Two companies froze billions of dollars in seconds.
But someone who understood how to use DeFi may have found a way around both of them.
Pretty insane when you think about it.
J.Dog ᛤ retweeted
THE BINANCE HACK IS NOW UP TO $5.84 BILLION
CZ IS POSTING THAT USER FUNDS ARE "SAFE" THE SAME WAY SBF DID RIGHT BEFORE FTX COLLAPSED
WITH A HOLE OF THIS SIZE BINANCE COULD BE INSOLVENT
NOBODY KNOWS WHAT BINANCE'S LIABILITIES ARE
WITHDRAW YOUR FUNDS FROM BINANCE NOW!!!!!!!!!
J.Dog ᛤ retweeted
THE BEST TIME TO BUY $DOG IS NOW‼️
J.Dog ᛤ retweeted
This is the biggest hack in crypto history.
Self custody your Bitcoin - today.
Not your keys, not your coins.
BREAKING: World's largest crypto exchange Binance hacked with over $5.6 billion stolen:
• $1.45 billion $BTC
• $875 million $ETH
• $234 million $TRX
• $50 million $XAUT
• $1.57 billion $USDT
• $823 million $USDC
• $75 million $WBETH
• $88.5 million $RLUSD
+ $447.5 million additional cryptocurrencies
This is the largest hack in crypto history.
J.Dog ᛤ retweeted
🚨BREAKING: @BINANCE HACKED $5.8 BILLION USD (LARGEST IN CRYPTO HISTORY)
youtube.com/watch?v=i_Yeytev…
J.Dog ᛤ retweeted
I’m going to @Relentless_btc’s upcoming Space. Will you join too? nitter.gq/i/spaces/1qJVmydoyDdGB
J.Dog ᛤ retweeted
🚨 @Binance officially becomes responsible for the largest crypto liquidation and largest crypto hack in history.

















