1/ Community Alert: At least one team member from the $30M Zkasino exit scam appears to be involved with the project @WhiteRock_Fi $WHITE due to onchain transactions linking both projects and a personal email address.
Help! I can’t take this abuse anymore.
The new hero: AO @aoTheComputer, by the Arweave team @arweaveeco@samecwilliams. And the story of frozen tokens.
In June 2024, I started farming tokens of a new project, AO, developed by the Arweave team. I won’t go into why I chose to farm or my opinion on the project—let’s get straight to the details.
Farming was simple: deposit ETH (then later DAI), give yield to the project and receive AO tokens on TGE (mainnet, transfers) scheduled for February 2025. The only requirement was to provide an Arweave address where the tokens would be credited—no other restrictions.
I hadn’t used the Arweave network before, so I looked for a mobile wallet that supported it. @MathWallet seemed to work. I took an address from there and made a deposit.
A few days later, I noticed I couldn’t connect MathWallet to see my earned tokens on AO site. So I picked a wallet recommended by the AO website: arweave(.app). I imported my keyfile from MathWallet into arweave(.app) — everything worked. Now I could see my stake on the AO website. Just to be safe, I bought a small amount of AR tokens, deposited them into my wallet, and tested a withdrawal—everything was fine.
So, then there was farming for 8 months. During this time, I occasionally checked the website to see my AO token balance growing.
February 2025: Mainnet (Transfers Go Live).
I was ready to transfer my tokens. But there was a catch—transfers were only possible from the Wander wallet. Okay, one more wallet—no big deal.
I imported my keyfile into Wander… error: “Key Length Too Short.”
Tried again—same error.
I contacted support, and that’s when I found out that because I generated my address in MathWallet, I was now completely stuck.
Support reply:
“MathWallet doesn’t generate a key length that works for AO. For AO, the key length needs to be 512 bytes. Keys that aren’t 512 bytes can’t sign AO transactions.
We block importing keys that aren’t 512 bytes because if you did import it, send AO or tokens onto AO to that address, you would not be able to transfer it off that address.”
Wait… What?!
AO’s deposit page never mentioned any restrictions on Arweave addresses (whatever that means—blockchains can be weird). It just needed an address, and the docs didn’t have (and not now) any warnings either.
I continued talking to AO support, and here are the exact quotes from our conversation:
Q: What’s the issue?
AO support: “Unfortunately, we don’t have a way to fix this currently. We have noted this issue, but it’s a problem with how the key is generated for the specific wallet you used to create it, and it isn’t compatible with the AO key standard currently.”
Q: What should I do? I followed the instructions on your website.
AO support: “This is honestly tough to answer. We are aware of it, but it may take some big changes to accommodate. I will report this to the team, but in the past, we haven’t had a solution for it yet.”
Eventually, AO support made it clear that this wasn’t their problem, since they don’t control third-party wallets. As a result, my tokens are permanently frozen.
Final:
“Unfortunately, we can’t control the different types of wallets created by third parties, or how they support AR.
....
This isn’t a mistake on our part.”
Reminder: AO = Arweave. So, the devs of Arweave are telling me they have no idea how addresses in their own network are generated?
Does that sound believable? The core devs of Arweave don’t know that wallets can have different key security levels?
Did they screw up? Or did they just not bother to list the restriction on the AO website? Even now, there are still no warnings in the AO interface, and farming is still active. The trap is still open.
Final Takeaway:
• I farmed AO tokens and followed all the rules listed on the AO website;
• I can see my AO tokens in multiple interfaces on my Arweave address;
• My tokens are frozen—I can’t access them because 8 months later from the start of farming, at mainnet launch, I learned that my Arweave address was somehow “wrong” or had a “short key length” (if you dig deeper into the keyfile);
• The $40K+ yield I paid to project? Of course, nobody is returning that.
I don’t have any demands or requests for the project, because I am completely defenseless. It is clear that this was not done on purpose. Just another huge disappointment.
Zkasino team is also in progress of laundering funds by chainhopping rn:
1). 111.4 ETH transferred from 0x0ab to 0xae02
0x080f1ff3c7e39745b11d2bdcf77d8298ed1b5ecc906da8388e57b1328850f6ac
2). ~111 ETH transferred to 5 addresses
0xbaaaf2c57ccb2c1b5780cb530b2de663438773a7910973fbaec1d6e0201b33de
0x81ff50f132d1f68a2e8f16942486be575c075b874f2c1d8789f2b589a33569c7
0x19e891474527c4924778e45bdc01ddbe2bdc44fd530cf0a5d9bcdb9eae6b96eb
0xa7395bd32597b58b1152ced3e8568e4932ed00141264cd28bb2ead7b43b4a6f6
0x89f218ef08c412084a94a96b0a5e56c27faf0eb80136c0c4b39357194edd7c6a
3). 5 transactions bridging from Ethereum to Tron via Bridgers
https://t.co/g5wU71PxEv
4). 5 transactions bridging from Tron to Ethereum via Bridgers
https://t.co/BB8GF1XFWS
https://t.co/WE2ePVIrnD
https://t.co/exsgTUDRg7
5). Funds currently sit:
0x1600acc198c4dc5963da6b027f5f27207f77887f
0x0dac48ecbdeaa872fa788b3bf5512f98331398f5
0xe9ab5ce2bf4dd08af328f2a54e78e06e3fd4a15f
2025 is around the corner. Bitcoin at new ATHs. ZK Chains are launching left and right.
And you? You’re still clicking buttons to sign transactions. NO MORE.
Introducing ZKsync SSO, a toolkit for devs to create Web2-like UX for Web3 applications across the Elastic Chain.
We, the undersigned investors of Revelo Ventures, would like to issue a public statement to express our growing concerns regarding the recent developments surrounding the management of funds by Revelo Ventures and particularly by @NickDrakon.
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$fxUSD, $rUSD, $btcUSD & $cvxUSD are holding their pegs perfectly, just as designed!
Stability Mode hasn't been triggered yet, showcasing the robustness of the system.
0 liquidations across all leveraged tokens, proving the f(x) invariant works!
solana spends 9,920,545$ per day on validators.
for the same price, you could run an OP Stack L2 on mainnet with celestia DA for 100 years on @conduitxyz, sweep 30 miladys off the floor, buy a 2024 lamborghini huracán, and still have 4,444,909$ left over.
just use ethereum.
Here's volume after first 15 minutes of trading. Total of $112m traded for the group (which is A TON vs a normal ETF launch but only about half of what bitcoin ETFs' volume pace was on DAY ONE, altho 50% would exceed expectations IMO). Also Bitwise outperforming early.
Announcing @UsualMoney Public Mainnet Launch.
It's time to untether from traditional fiat-stablecoins.
Take your Pills and dive deep into the Rabbit Hole. (Details in the thread.)
I just unlocked a @BLAST_L2 Golden Ticket which earns me Points, Gold, Uncommon Hoodies, and Cybertrucks! Download the Blast App to earn $BLAST and Golden Tickets in Phase 2!