August 14, 2026

Newsletter #409 - Leaked, Audited, Liquidated

Hey Shitcoiners,

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In crypto, there are some things you cannot escape. The third-party shipping provider data breach is one of those things. If you have bought a Trezor in the last few months, you may have been doxxed.

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POV.

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The hero we need.

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In other big business news, Tether has completed a financial audit by KPMG!

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Audits are happening across the board. One of the Bitcoin Red Team auditors, calle, shared some insights from his time so far. The collision between decades of human open source slop and 2 weeks of Kimi K3. Disastrous.

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The insufficient entropy will flow.

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This week was big for those pushing BIP-110. We witnessed unmatched levels of autism.

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We also saw some interesting mudslinging from Luke.

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It wasn’t pretty.

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And it would go as expected.

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It went so poorly that Luke is taking a sabbatical. RIP.

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No more BIP editing for Luke either!

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If you were unfortunate enough to have BIP-110 in your profile, you can go ahead and remove it now.

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Just please stop talking about talking about inappropriate images of children.

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For more BIP-110 aftermath takes, check out this week’s episode of The Crypto Recap!

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On to more uplifting news, congratulations to the Ulbrichts!

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Speaking of intimacy.

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Send your friend this video. He will know what to do.

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Machi Big Brother is liquidating whatever he seemingly has left. It’s impossible to know the full story, but Lookonchain thinks he is running out of ammo.

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We now enter our meet and greet section! Rassah met a capitalist.

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Bruce Fenton met a legend.

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And bagholders were met with losses (on a 5 year timeframe).

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That’s all for this week! Until next time.

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Team Shitcoin.com