CryptoNewbie19

Work in IT / Love Crypto. Made in Germany

[CryptoNewbie19 @CNewbie19]

@0xGSasha @vortx_hl Team deserves it big time!

[sasha.hype @0xGSasha]

Finally @vortx_hl have been bonded, and will trade on #Hyperliquid
I am stong supporter of this project from the first day and gratefully congratulate all community and personally based dev 🧑‍🍳

Lets make trade-experience on hl great again!

[CryptoNewbie19 @CNewbie19]

@Bullrun_Gravano @UniSuiCoin I love your calls but sorry this has been done before and rugged. UNI the wonder dog. Hope it’s not the same team

[CryptoNewbie19 @CNewbie19]

@katzakartel Off

[Katza.hl @katzakartel]

...sure, my uncle killed himself playing Kartelio Roulette. But I choose to remember him as a great Kartelio Roulette player.

Kartelio.

[Japracool @japracool]

🚀Twitter Trading Bot Update by https://t.co/ZkZueQMQ2p: The bot is now lightning-fast ⚡️, super accurate 🎯, and responds in under a second! It understands natural language commands, no rigid formats needed—just text like you're chatting with a friend. Coming soon: auto-replies for trade confirmations and tweet-to-trade faster than logging into any exchange. Stay tuned—this feature will be live within 24 hours! #VORTX

[CryptoNewbie19 @CNewbie19]

@katzakartel Lgghhhh

[Katza.hl @katzakartel]

Crime szn? We were born for this.

Kartelio.

[Digits @idodigits]

@HedgewaterDAO $VORTX KEEPS DELIVERING. The best bet 💯. @vortx_hl @0xDub_hl

[CryptoNewbie19 @CNewbie19]

@HedgewaterDAO @vortx_hl

[Katza.hl @katzakartel]

Let your plans be dark and impenetrable as night, and when you move, fall like a thunderbolt.

Kartelio.

[CryptoNewbie19 @CNewbie19]

@katzakartel Let’s go!

[maxdawg.hl @maxdothl]

Will we have another @Hypurrfun bond?

$VORTX TVL currently 380k👀

[CryptoNewbie19 @CNewbie19]

@nodrogelo @ProtonHL @nodrogelo what is this? A pre launch bot??

[Hyper_Up @hyper_updates]

Analysis of the $VEGAS Blackjack Exploit

On December 29, 2024, the team behind Vegas HL (@Vegas_HL) announced that their Telegram mini-app “Blackjack” had been exploited.
Breakdown of the incident and its immediate impact on the $VEGAS token, along with the team’s response and future security measures.

What Happened

1. Nature of the Exploit

• An attacker wallet:
https://t.co/mKWm1WNXbd a script to exploit the mini-app’s API, rapidly initiating numerous game actions.
• By triggering multiple bets and effectively “winning” repeatedly, the attacker drained the treasury of the mini-app.

2. Stolen Funds
• The exploited funds were sent to a secondary address:
0x47c56b195e40c40b27db9db7273ec42c99ea7dc0.

• The attacker subsequently sold (dumped) $88,025 worth of $VEGAS around UTC, causing a noticeable dip in the token’s price.

Immediate Actions

1. Pausing the Mini-App
• The Telegram Blackjack & Roulette games were taken offline to prevent further exploits.
• The team’s focus now shifts to finishing their web app for the HyperEVM ecosystem.

2. Active Games
• Only Coinflip and Bullet remain active in the Telegram mini-app, as these are presumably more secure or less vulnerable to rapid exploit scripts.

3. Replenishing Coinflip Treasury
• An additional 50,000 $VEGAS was allocated to the Coinflip payout treasury (transaction link) to ensure ongoing rewards for players.

4. Cold Wallet Setup
• A secondary cold wallet with 300,000 $VEGAS (address) has been created to secure a reserve of funds.

Lessons and Next Steps

1. Code Audits
• The new HyperEVM web app will undergo external audits by reputable security experts before launch. This step should help identify similar vulnerabilities before they become a problem.

2. Improved Treasury Management
• The team plans to keep only minimal operating funds in hot wallets. Most profits will be transferred to cold storage, reducing exposure to exploits targeting the main treasury.

3. Insurance Fund
• A portion of $VEGAS profits will be placed into an insurance fund, potentially cushioning the project and community against future incidents.

4. Heightened Withdrawal Security
• The upcoming HyperEVM web app will feature stricter monitoring and additional withdrawal safeguards—essentially a “digital pit boss” to flag or suspend suspicious activity quickly.

Impact on $VEGAS Price

• The exploit and subsequent dumping of $88,025 worth of $VEGAS led to an immediate downward price movement (roughly 14%)
• While negative in the short term, the team’s swift response and plan to improve security may help restore confidence among existing and prospective investors.

Community Reaction
• The community appears to understand that such exploits, though unfortunate, can serve as critical learning experiences, especially in early-stage projects.
• Many users have expressed relief that the exploit happened before more significant treasuries or investment sums were at stake.
• Suggestions like implementing a real-time monitoring “digital pit boss” highlight the growing consensus that continuous, automated security checks are essential.

Conclusion

Although the exploit has clearly impacted $VEGAS holders and the project’s short-term price, Vegas HL responded rapidly by pausing vulnerable mini-apps, replenishing key treasury functions, and laying out a clear plan for preventing future breaches. The upcoming HyperEVM web app will be scrutinized with additional audits, enhanced treasury protocols, and robust withdrawal security. If effectively implemented, these measures could reinforce trust in $VEGAS and bolster the long-term viability of the Vegas HL ecosystem.

[CryptoNewbie19 @CNewbie19]

@drip__trade @HyperliquidX Hey when is your waitlist going to open again? I would really like to join 🙏

[Frudo @FrudoHL]

$Frudo is enjoying Christmas dinner with his family and wishes you a Merry Christmas, #Hyperliquid family!

[Chef @chefonHL]

$Chef has spent numerous sleepless nights coding his AI bot

[Chef @chefonHL]

$Chef is looking at the moon before landing on it

[Chef @chefonHL]

$Chef started cooking the Christmas dinner for his surprise guests tonight