if you're a trader who sold dips on your utility plays to ape the top of what was clearly a transient attention based copypasta meme after ansem and base already boosted, hoping it would be coinbase listed by the AM and catch a brian jestershill too, but it never happened so you lost money and are now complaining about it, just know that was entirely your own fault and no one else
if you're a dev who crashed out over some people having fun with a harmless (and non-bundled) meme thinking it's going to be a longterm vamp to your tech token then you really need to rethink the comms you impulsively chose to put out in public because you could have gone out to exercise or waited literally just a few hours to realize such a threat was entirely made up in your mind
if you caught $TSG early and sold for multiples and then rotated that profit back into your core conviction port and never complained once about anything then ggwp you deserve all the winning
The multisig keys used in production by LayerZero Labs to secure billions in user funds was also being used to trade a memecoin called "McPepes (PEPES)"
... WTF
An absolute failure of even the most basic opsec and key isolation best practices, putting any user who used LayerZero's default config at risk of a supply chain attack as keys given the phishing risk
Bryan said they were testing "PEPE's OFT integration", but that's a completely different coin and has nothing to do with using production multisig keys to swap ETH for something called "McPepes" on Uniswap
PEPE hadn't even been deployed yet when this multisig signer was trading "McPepes"
The more that comes out about LayerZero Labs' irresponsible lack of opsec, the more I wonder how North Korea didn't infiltrate their infrastructure earlier, this is insane
Market is showing signs of perking up the next couple weeks.
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