Is Age Verification a Trap? The bills invoke children. The systems get breached. No jurisdiction that builds it ever repeals it. The ratchet only turns one direction. And no one asked if you wanted it built.
https://t.co/NWkiaafUM9
It's becoming clear that RFQ for RWAs on-chain is the best solution.
Outside of ~10 pairs there just simply is no liquidity on orderbooks.
First platforms to partner with big TradFi broker to allow RFQ-model for RWAs will win.
I've answered this so many times so feel free to ask more questions but I'm just gunna hurl it at you so I dont have to answer again. Note: All times Pyongyang time.
Wed April 15: Holiday, OOO
Thu April 16: Pre exploit testing ramps up rapidly
Fri April 17: Pre exploit testing done
Sat April 18: Tornado ins and outs, prep up gas on addresses to be used on both Ethereum and Arbitrum. Take brief nap?
Sun Apr 19 02:35: First hack txn (116.5k rsETH on Ethereum)
Next hour: bridges to Arbitrum to "refill" the bridge, so to speak
Sun Apr 19 04:30: Kelp manages to freeze before nonce 309 pops, basically rugs DPRK of the additional 40k ETH they were literally about to pull.
Sun Apr 19 04:35: Last onchain transaction. All funds sat in 0x5d3919f12bcc35c26eee5f8226a9bee90c257ccc on Ethereum and Arbitrum.
Sun Apr 19, all day: no activity on or offchain
Mon Apr 20, all day: no activity onchain, brief activity offchain, laundering plans initiated
Tue Apr 21, noon: Txn on Arbitrum rugs them
Tue Apr 21, 4pm: Laundry begins
Wed Apr 22, 5am (rn): Laundry still going
So, some unusual things:
Super fast on the hack. VERY fast. A bit of prep ~Apr 9 but basically speedran the hack starting from Apr 16. They were working 16+ hour days the 16, 17, 18, right up until the moment of the hack. It was nonstop. TRTR can get on other devices. This should have been a billion dollar hack. They could have got a 2/2, no problem.
One theory is they got spooked and thought they might have their access rugged. One theory is they havent hacked anything in 9 months and decided ~$380m (the planned amount) was good enough.
The very odd thing though is abandoning any funds in the hack address is something they don't actually do. See: https://t.co/fR4wzR4B6n
They always tranche it up. This isn't necessarily bc they are scared of getting frozen. It's bc it's these guys jobs to execute the onchain side of the hack and then HAND OFF to the next team. That is their literal job. Remember, this is an army. Teams of teams. There are social engineers, there are hackers, there are launderers, there are managers. They have to coordinate and hand off.
In every other instance when the hack is "done" it's always is chunks (we call them tranches) of the native asset on ETH, BTC, TRON. Multiple addresses. Not the direct theft addresses. 10k ETH. 20k ETH. Etc. Any L2s or other shitchains go to BTC/ETH. They sit in these "tranches" for days, weeks, months. Until they are read for prime time.
So, what the fuck happened?
I think they worked basically non-stop, in the same way SEAL folks and ZeroShadow folks and KelpDAO folks and LayerZero folks have been working *since* the moment the exploit happened. Nights, weekends, no holding back.
I think at 4:30am local time when Kelp preveted them from getting the second round from the bridge (the additional $100m) they were basically like "FFFFFFUUUUUUUUUUUUUUUUUUUU" and table flipped and went home and went to bed. Bc they hadn't slept in a long ass while.
I think they got Sunday off (very typical) and maybe Monday as an extra reward. Plus, they haven't hacked in a while. The actual laundering operation has to be organized.
I think the second they got word that the laundering was ready they realized they needed to send over the funds. Which is when they did so.
Unfortunately for them, that was <4 hours after an insane operation on the DeFi side had been completed to rug them of all their ETH on Arbitrum.
Obvs ~all of this is speculative. I don't KNOW shit. But I do know a lot of things. DYOR, or something.
Fold operates the longest-running bitcoin faucet — live 24/7 for nearly seven years — distributing billions of sats.
Gavin gave away 19K BTC (about $250K at the time).
Fold has given away 720 BTC (about $50M).
It might make sense to get some in case it catches on.
your agents can now get paid and spend money. create a wallet and a budget for every agent.
you are now in control.
ampersend is live.
use https://t.co/0kaSKWJXeQ, or add the skill to your @openclaw https://t.co/RuRuwrE4wI.
In one 30-minute stretch, three legal observers were arrested — as Trump’s Border czar Tom Homan calls on locals to “end the resistance.” https://t.co/PeL0JhaqIv