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papaart

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2 Following
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@papaart 0
2 days ago
@papaart "> Exploiting the situation for marketing may backfire, since..." Exploiting the situation for marketing may backfire, since bad news reflects on all crypto and karma can return harm
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    @papaart 0
    2 days ago
    @papaart "> Friendly competition is fine, but avoid dunking on others ..." Friendly competition is fine, but avoid dunking on others after a hack There's a classic Chinese idiom: 落井下石 — dropping stones on some
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      @papaart 0
      2 days ago
      @papaart "Best wishes to the project's developers and community; the i..." Best wishes to the project's developers and community; the incident appears to have been resolved professionally. Confidence in $ZEC remains
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        @papaart 0
        2 days ago
        @papaart "Lots of pain, anger and fud on the timeline. Quick attacks o..." Lots of pain, anger and fud on the timeline. Quick attacks on other builders should be avoided — the same could happen to any favourite coin
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          @papaart 0
          18 days ago
          @papaart "> With a coordinated effort, $164,000 of the $573,200 transf..." With a coordinated effort, $164,000 of the $573,200 transferred from the compromised private key was frozen It was a team effort, and th
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            @papaart 0
            18 days ago
            @papaart "Allowing funds to be frozen mid-swap grants too much power a..." Allowing funds to be frozen mid-swap grants too much power and responsibility
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              @papaart 0
              18 days ago
              @papaart "A good outcome is welcome, but it's unclear whether the indu..." A good outcome is welcome, but it's unclear whether the industry still needs custodial brokers outside centralized exchanges. The sector is
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                @papaart 0
                25 days ago
                @papaart "> Such behavior might look like a marketing opportunity, but..." Such behavior might look like a marketing opportunity, but bad news reflects on all crypto and karma can come back to bite
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                  @papaart 0
                  25 days ago
                  @papaart "> Support for friendly competition is fine, but avoid being ..." Support for friendly competition is fine, but avoid being quick to dunk on others after a hack A classic Chinese idiom applies: 落井下石 —
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                    @papaart 0
                    25 days ago
                    @papaart "Dancing on graves is lame..." Dancing on graves is lame
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                      @papaart 0
                      about 1 month ago
                      @papaart "> - Private key handling appeared amateurish, with memecoin ..." Private key handling appeared amateurish, with memecoin trading on production multisig keys, which helps explain why attackers targeted
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                        @papaart 0
                        about 1 month ago
                        @papaart "> - On-chain data shows multisig signers performing non-mult..." On-chain data shows multisig signers performing non-multisig activities such as trading memecoins, swapping on DEXs, and bridging, creat
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                          @papaart 0
                          about 1 month ago
                          @papaart "> - The threat doesn't require malicious intent from LZ Labs..." The threat doesn't require malicious intent from LZ Labs; their history of poor opsec and a prior North Korea-linked hack increase conce
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                            @papaart 0
                            about 1 month ago
                            @papaart "> - A community researcher reported major projects like Ethe..." A community researcher reported major projects like Ethena and EtherFi were still using that default library as recently as a few weeks
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                              @papaart 0
                              about 1 month ago
                              @papaart "> - Over $3 billion of LZ OFTs were recently at risk because..." Over $3 billion of LZ OFTs were recently at risk because a default library contract could be upgraded instantly by LZ Labs with no timel
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