I’m 34, and I’m retired.
Retirement isn’t about stopping the grind.
You retire the moment you:
- Stop working only for money
- Follow passions beyond a paycheck
- Define your own value
Retire wisely Anon.
Now that we know who's behind the @Bybit_Official attack. Let's look at how the hack actually worked.
At a high level, the hack involved the 4 broad group of events:
1. Attacker deployed a trojan contract and a backdoor contract.
2. Attacker tricked signers of the upgradeable multisig "cold" wallet to authorize a malicious ERC-20 transfer to a trojan contract
3. Instead of transferring tokens, trojan contract replaces the master copy of the actual Safe multisig implementation contract with the backdoor contract, which is solely controlled by the attacker.
4. The attacker called sweepETH and sweepERC20 to drain the wallet of all its native ETH, mETH, stETH, and cmETH tokens.
Now that we know who's behind the @Bybit_Official attack. Let's look at how the hack actually worked.
At a high level, the hack involved the 4 broad group of events:
1. Attacker deployed a trojan contract and a backdoor contract.
2. Attacker tricked signers of the upgradeable multisig "cold" wallet to authorize a malicious ERC-20 transfer to a trojan contract
3. Instead of transferring tokens, trojan contract replaces the master copy of the actual Safe multisig implementation contract with the backdoor contract, which is solely controlled by the attacker.
4. The attacker called sweepETH and sweepERC20 to drain the wallet of all its native ETH, mETH, stETH, and cmETH tokens.
We’re excited to share, we have:
1) Raised $200M and now have a total of $458M in mission-driven funding
2) Decided to go FULL OPEN SOURCE at our next milestone
3) Reserved ⅔ of a potential future token for the ecosystem
4) Formed a partnership with @OpenZeppelin
👇1/8
I’m bullish Bitcoin
But face the facts
300+ teams we’ve spoken to past 12 months
2 talked about building with Bitcoin
FAANG defectors, coding vets, artists, musicians, game devs, Ivy dropouts, quant savants
They don’t want to dedicate their lives to making whales richer
1/ On A Pathway To An Open Metaverse
We are going to make a run at changing the arc of history.
It is a Return of the Jedi vs the Death Star style mission.
They have the money and the power. We mostly have our brains, our community and gm.
But it might be just enough
2012:
- start company
- CEO eats ramen
- Make $400k in revenue
- raise $2M seed round
2021:
- raise $5M pre-seed
- CEO tweets memes and VC jokes 8 hours a day
- look for head of product to do CEO’s job
- wait for seed term sheet at $100M post
As someone who is super bullish on crypto on a LT horizon (5 years +), I’ll almost never be 100% stables. Depending on how bearish I am the spectrum would typically range between 0-75%.
You don’t want to be net directionally flat / short a supercycle.
VCs take meetings at 10am in an office, offer u coffee, and talk cryptopunks
angels hang w u at 2am outside Capitale, offer u a joint, and talk @foliafoliafolia pieces
we are not the same
Hung out w @justinsuntron a couple weeks ago and he mentioned that the memecoin pump in May was a bearish signal, but that the memecoin pump in Oct will be a bullish signal, and that few can tell the difference
I tend to believe him