ScopeLift is a full-stack software engineering agency and product studio focused on the EVM. Get in touch if you need help building the onchain future.
Nifty party by @Pizza_DAO in Philly. Kudos to @RothmanSandy for making it happen!
What did we see? Prediction markets remain hot + $HYPE is top of mind. The local BTC community is alive and well (ETH too ofc). And @standwithcrypto's new college chapter program is working nicely
The newly proposed $ZK Token Fee Flow System by @ScopeLift is something you need to know, especially as a $ZK Holder.
If you still haven't fully understood what the auction mechanism brings for the @ZKsync ecosystem, especially the $ZK token, watch our video here.👇
As has been reported, Umbra was used to move funds associated with recent, high profile hacks. In total, we are aware of 349 ETH (~$800K) of stolen funds moving through the protocol. Reports of much higher amounts are inaccurate. A few notes:
First, as a stealth address system, Umbra is primarily useful for protecting the identity of the receiver, not the sender. Since hackers want to erase the association of funds with the hack-tainted sending address, it is not particularly helpful to hackers to move the funds through Umbra. All the stolen funds moved through the protocol can be identified, and we have been in touch with security researchers who are involved.
Second, Umbra is a permissionless protocol powered by autonomous smart contracts. There is nothing we can do to stop anyone from using these contracts, nor is there anything we can do to stop anyone from using a local or self hosted version of the Umbra frontend, which is fully open source.
We did, however, make the decision to move our hosted version of the frontend into maintenance mode. We did so this morning at 6:45 AM ET.
Please note that all funds in stealth addresses are completely safe and were never at risk. The Umbra protocol continues to operate normally, we've simply turned off our instance of the frontend.
We will restore access to the hosted frontend as soon as we are assured that doing so won't create obstacles to the current recovery efforts.
Updates will be posted here.
And, of course, we're also making plans to improve the platform in the near future as well!
Keep it locked here for exciting updates, or follow along at the ScopeLift blog. More soon!
https://t.co/mh10UJu8Zz
Last week we announced we are taking over operation of Tally's governance platform.
That transition is underway and going well! Kudos to the Tally team for making it so smooth.
We committed to transparency around changes to the platform, so here's a brief update👇
More importantly, in the coming weeks we'll continue to find opportunities for efficiency and sustainability.
This will certainly involve further deprecations of unused projects, networks, etc.
We remain committed to transparent communication on those changes as we make them.
Thanks to everyone who joined us at OpenClaw Cannes! 🦞 🇫🇷
It was a great morning discussing Celo's agentic ecosystem & the future of autonomous agents w/ our friends at @selfxyz, @TalentProtocol, @ScopeLift & @LayerXlab
People might accuse me of grave dancing for saying it
But we have to stop letting centralized things call themselves DeFi
Admin key can drain all funds? CeFi
Otherwise DeFi means nothing and it’s brand is destroyed
No admin key can drain any version of Uniswap for a reason
We're excited to announce that our long-term collaborators, @ScopeLift will continue carrying the Torch for the Tally Governance app as we go through this transition.
Our enterprise clients and licensees can look forward to no interruption in their service.
Really excited to have the @ScopeLift team taking over operation of the Tally platform. We've been partners in the space for years and it's time to pass the baton.
Long live DAOs.
Today is April Fools, but our announcement yesterday was no joke. ScopeLift is taking over operation of Tally's Governance platform.
If you're a member of a DAO, read quoted article, or the blog post linked below, to get the full picture.
https://t.co/IHLxkJXkgx