mike on Nostr: Exchanges could accept and burn the Bitcoin: ...
Exchanges could accept and burn the Bitcoin:
So the interesting thing with the Coldcard drain, as we all know, the blockchain is public, coins are traceable.
If nefarious actors are scanning low entropy addresses on the blockchain to move coins, those coins will be known. This means they will enter the blackmarket for the new key holders.
Most exchanges won't accept them, but how spendable are they in general?
Published at
2026-08-01 10:33:41 UTCEvent JSON
{
"id": "f07b6106549cd593601b8155f4c7988f2fe24c5008f884f16801b72754282995",
"pubkey": "e83b66a8ed2d37c07d1abea6e1b000a15549c69508fa4c5875556d52b0526c2b",
"created_at": 1785580421,
"kind": 1,
"tags": [
[
"q",
"6303d310bf4d3390021df82e87d4d7704ed0ff98373ea779196154541b0b1041",
"wss://relay.nortis.tech/",
"e83b66a8ed2d37c07d1abea6e1b000a15549c69508fa4c5875556d52b0526c2b"
]
],
"content": "Exchanges could accept and burn the Bitcoin:\n\nhttps://i.nostr.build/rkyMSCtZJ1FLviVi.jpg\n\n\nnostr:nevent1qvzqqqqqqypzp6pmv65w6tfhcp73404xuxcqpg24f8rf2z86f3v824td22c9ymptqyv8wumn8ghj7un9d3shjtnwdae8g6tn9e6x2cmg9uqsuamnwvaz7tmwdaejumr0dshsqgrrq0f3p06dxwgqy80c96raf4msfmg0lxph86nhjxtp232pkzcsgyfyzf8g",
"sig": "6419363a1187938569a9b27cd9f31c912027b4ce70b912c85e025c2ffa9ce1275a0ba6d0da9511d506ca5a28fd27a9bf82a8fe2026372a8f908894c540a5d383"
}
