Ahboyash Reads
Something happening with Bybit Suggest withdrawing first https://t.me/investigations/211
https://twitter.com/benbybit/status/1892963530422505586
- Hackers tricked the people approving transactions by showing them a fake or misleading screen (a "masked UI")
- The screen looked like it was sending money to the right place, but instead, it changed the wallet’s rules (smart contract logic)
- End up the hackers took control of the wallet and stole all the ETH in it
- Hackers tricked the people approving transactions by showing them a fake or misleading screen (a "masked UI")
- The screen looked like it was sending money to the right place, but instead, it changed the wallet’s rules (smart contract logic)
- End up the hackers took control of the wallet and stole all the ETH in it
X (formerly Twitter)
Ben Zhou (@benbybit) on X
Bybit ETH multisig cold wallet just made a transfer to our warm wallet about 1 hr ago. It appears that this specific transaction was musked, all the signers saw the musked UI which showed the correct address and the URL was from @safe . However the signing…
Ahboyash Reads
https://twitter.com/benbybit/status/1892963530422505586 - Hackers tricked the people approving transactions by showing them a fake or misleading screen (a "masked UI") - The screen looked like it was sending money to the right place, but instead, it changed…
X (formerly Twitter)
Bybit (@Bybit_Official) on X
Bybit detected unauthorized activity involving one of our ETH cold wallets. The incident occurred when our ETH multisig cold wallet executed a transfer to our warm wallet. Unfortunately, this transaction was manipulated through a sophisticated attack that…
Check your devices
Similar case happened with Radiant: https://www.halborn.com/blog/post/explained-the-radiant-capital-hack-october-2024
Similar case happened with Radiant: https://www.halborn.com/blog/post/explained-the-radiant-capital-hack-october-2024
Over the last 3 months (equal weightage)
- Dino coins: +40%
- DeFi: ~breakeven
- Solana ecosystem: -30%
- Memes/Murad list: -60%
https://dashboard.kiyotaka.ai/
- Dino coins: +40%
- DeFi: ~breakeven
- Solana ecosystem: -30%
- Memes/Murad list: -60%
https://dashboard.kiyotaka.ai/
Ahboyash Reads
Over the last 3 months (equal weightage) - Dino coins: +40% - DeFi: ~breakeven - Solana ecosystem: -30% - Memes/Murad list: -60% https://dashboard.kiyotaka.ai/
continuation...
- AI agents: -70%
- AI infra: -40%
- GameFi: -20%
- L2s: -18%
- RWA: +30%
- AI agents: -70%
- AI infra: -40%
- GameFi: -20%
- L2s: -18%
- RWA: +30%
https://mirror.xyz/moonwell.eth/Avei5mefkw-jVny3Rh943Gd-9uCi4hNa9QOjJBk04xg
Moonwell Virtual Accounts
- Virtual US checking accounts that auto convert incoming payments to USDC stablecoins
- Combines trad payment rails (supporting PayPal, and Apple Pay) with onchain finance (no monthly fees or minimum balance)
Moonwell Virtual Accounts
- Virtual US checking accounts that auto convert incoming payments to USDC stablecoins
- Combines trad payment rails (supporting PayPal, and Apple Pay) with onchain finance (no monthly fees or minimum balance)
mirror.xyz
Moonwell Virtual Accounts: Your Bridge to Global Opportunity
In today's interconnected world, talent transcends borders — but our outdated financial systems haven't kept up. Millions of skilled professionals worldwide lose billions of dollars each year to excessive fees, payment delays, and currency devaluation. Achieving…
https://twitter.com/plur_daddy/status/1893274996312785281
Crypto is like poker = talent + dedication / hardwork + lucky breaks to make it to the top
Crypto is like poker = talent + dedication / hardwork + lucky breaks to make it to the top
X (formerly Twitter)
plur daddy (@plur_daddy) on X
Crypto used to be an easier game for the average person, like a lottery with favorable odds if you happened to be lucky enough to join at the right time. Even then, most people lost their money.
Now it's very different. The game gets harder every year and…
Now it's very different. The game gets harder every year and…
https://meaningness.com/geeks-mops-sociopaths
Subculture evolution
1. The Lifecycle Model
- Scenes start with creators ("geeks") who invent something new and exciting
- Fanatics join to support but don't create
- If successful, casual fans ("mops") join in larger numbers
- Finally, manipulative opportunists ("sociopaths") arrive to exploit and monetize
- This typically leads to dilution and death of the original scene
2. The Central Tension
- Geeks want to share their creation but maintain its integrity
- More participants (mops) provide validation and resources
- But too many mops (>10:1 ratio to geeks) overwhelm and dilute the culture
- Sociopaths are both necessary (for mainstream success) and destructive
3. Proposed Solution
- "Be slightly evil" - geeks should learn some sociopath techniques
- Move away from "eternalistic" naive belief in the scene's inherent meaning
- Adopt a "fluid mode" that combines realism with creative passion
Useful article to understanding how to maintain the vitality of any community or movement (crypto) while it grows, balancing accessibility with authenticity, and commercial success with cultural integrity
Subculture evolution
1. The Lifecycle Model
- Scenes start with creators ("geeks") who invent something new and exciting
- Fanatics join to support but don't create
- If successful, casual fans ("mops") join in larger numbers
- Finally, manipulative opportunists ("sociopaths") arrive to exploit and monetize
- This typically leads to dilution and death of the original scene
2. The Central Tension
- Geeks want to share their creation but maintain its integrity
- More participants (mops) provide validation and resources
- But too many mops (>10:1 ratio to geeks) overwhelm and dilute the culture
- Sociopaths are both necessary (for mainstream success) and destructive
3. Proposed Solution
- "Be slightly evil" - geeks should learn some sociopath techniques
- Move away from "eternalistic" naive belief in the scene's inherent meaning
- Adopt a "fluid mode" that combines realism with creative passion
Useful article to understanding how to maintain the vitality of any community or movement (crypto) while it grows, balancing accessibility with authenticity, and commercial success with cultural integrity
Meaningness
Geeks, MOPs, and sociopaths in subculture evolution | Meaningness
How muggles and sociopaths invade and undermine creative subcultures; and how to stop them.