thinking in public. often wrong. rarely quiet.
Joined June 2009
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INCIDENT SUMMARY:
We stored 3 of 6 keys to our Gnosis Safe holding $36,000,000 on one employee’s laptop
Jun 9
INCIDENT UPDATE:
Last night, June 8, the H token was hit by a coordinated attack across Ethereum and BSC. While we’re still investigating this incident, we want to be transparent with our community about what happened.
As of right now, ~$36M has been stolen across both chains and dumped. This was a result of a breach that happened after an employee’s laptop was compromised.
Three of six Gnosis Safe owner keys controlling the Hyperlane bridge ProxyAdmin were compromised. The attacker used these to transfer ProxyAdmin ownership to their own wallet, then upgraded the bridge contract to a malicious implementation and swept ~141.2M H in a single transaction.
Three of five BSC Safe owner keys were also compromised. The attacker performed the same ProxyAdmin seizure on BSC, deployed a malicious implementation with an unlimited mint function, and minted 200,000,005 H in two tranches directly to their wallet.
We’ve now halted all deposits and withdrawals to the affected bridges and are working with all related parties, including exchanges, to minimize the damage. Further to our internal investigation, we’re also working closely with the police to investigate this incident and recover some of the stolen funds.
People in this community worked hard for what they hold here, and we feel the weight of that. We want to apologize for what has happened and thank you for your patience, messages, and for sticking with us.
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attended the @moonbirds x @pudgypenguins vibes set 3 launch pop-up yesterday with @Ocapgames
if you happen to in town 🇸🇬, go pay them a visit at 220 river valley road!
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Just got my Bitcoin miner up and running courtesy of @OrdinalMaxiBiz
Difficulty down means a higher chance for me to mine a block. Wish me luck 🤞
Bitcoin Mining Difficulty Drops 9.55%, Second-Largest Decline This Year
According to TheEnergyMag, Bitcoin mining difficulty is expected to fall by approximately 9.55% in about eight hours, marking the second-largest decline this year, following a sharp drop in network hashrate caused by early June price weakness. The adjustment is expected to increase BTC output per active hashrate by over 9%. It may also push mining hashprice back above $30 per PH/s.
Beyond the shutdown of older mining rigs due to profitability pressure, another key driver of the hashrate decline is the reallocation of power capacity toward high-performance computing (HPC) and AI data centers.
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being a good trader and being a funded trader are two entirely different things. plenty of guys with real edge are hardstuck trading 4 figs.
@VantaTrading exists to fix that. pass a one-step eval with provable onchain metrics, and they scale you up to $2.5m with a 100% reward split.
most prop firms get paid when you fail. vanta's whole business is finding traders who can trade and handing them size. they only win if you do.
they're currently running 55% off challenge accounts right now for their @wallstreetbets partnership and you can sign up here: vantatrading.io/?ref=Xeer as usual this is NFA, always do your own research.
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Went with Spain 🇪🇸, Argentina 🇦🇷 and France 🇫🇷 to win on @MEXC_Predict since wale already cursed his home country to lose
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ETH can do something really entertaining here
Jun 9
shorting $ETH $1640, adding $1680-1700
stop $1735
target $1521, $1385, $1000, $888, $0
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THESE 3 WHALES JUST BOUGHT $100M OF ETH
3 whale addresses (2 of these being fresh addresses) just withdrew a total of $122.29M ETH from FalconX and Kraken.
The address that bought ETH previously, is currently down $9.1M on its past buy. Is this Tom Lee?
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