From our user (DEFI OG):
So fucking tired of these scam crypto platforms. Meet the new – Plume @plumenetwork.
Some of you might remember: they took deposits before mainnet. I deposited too. RWA chain blah blah, so at TGE I picked to hold tokens for a boost. In June I checked back, claimed a small part (1/9 total).
Main unlock came in August. I tried to claim — got an error: tokens locked. Then on their site everything was blocked “due to jurisdiction.” I was in Europe, my country wasn’t even on the banned list. Looked like an IP bug, figured it would pass.
Tried again later, still nothing. Today I contacted support. They tell me I had to register on a brand-new platform to claim, without that, it’s impossible. But deadline already passed.
Couple of questions:
1. Where the hell did this “deadline” come from? I already deposited, why should I monitor your side-products?
2. How do I register if your IP detection is broken?
Oh wait, I got the answer in support: when blocked for “US users,” their team literally suggests using a VPN. Doesn’t matter if you’re from the US or not. Just use VPN.
This shit in crypto is exhausting. A team pretending to be an RWA project, openly telling people to break laws. And of course, the “beautiful deadline” trick: miss it, you lose 85% of your tokens (for me ~100k usd).
We all know how this ends. Same old bureaucrat scam model: happily take deposits, but for payouts you need to sing and dance on some new platform with VPN and deadlines.
Just fuck off, scammers.
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Hi Adam I’m sure this has nothing to do with you posting about them to your sixty thousand followers as CMO of OpenSea
Congratulations on finding the gem
pow(@traderpow) sold 7.6M $LAUNCHCOIN for 9,040 $SOL($1.54M) at $0.203 in the past hour.
pow currently holds 4.75M $LAUNCHCOIN($1M) in the wallet and 4.49M $LAUNCHCOIN($950K) in the liquidity pool.
https://t.co/sbXs9tjLbO
https://t.co/yflP4yxCEh
Lots of you have been asking for the updated Global M2 vs. Bitcoin chart. Well, here it is…
And yes – it still tells the same story:
We’re going higher…
AI NEWS: Mistral just launched a new multimodal AI promising SOTA performance at much lower cost
Plus, more news from Meta, Anthropic, Microsoft, Google, Figma, and Netflix.
Here's everything you need to know:
Recently I was targeted by an extremely sophisticated phishing attack, and I want to highlight it here. It exploits a vulnerability in Google's infrastructure, and given their refusal to fix it, we're likely to see it a lot more. Here's the email I got:
📣 New @a16z thesis: AI x Online Shopping
Shopping used to be a hunt. With AI, it’s ‘God Mode’ - personalized picks come to you.
We're seeing online shopping is becoming intelligent, predictive and visually intuitive. A few ways @kirbyman01 and I are seeing this play out👇
80%??? What? How? What's the catch?
Well first of all, no VC and no team allocation.
Let's dig in to why $FAF is truly bringing the space forward in token design by achieving Accountability and Market-Driven Strategic Principles.
This is wild.
China's Manus AI just dropped and it will completely change the AI agent game.
10 wild examples.
1. Create Interactive Website based on Data Insights
Someone said something to me once about the biggest difference between equites & crypto is that-
in the absence of bad news or negative catalyst equities will always grind higher.
& that crypto is the opposite, in the absence of good news or lack of positive catalyst crypto will always grind lower.
Equity’s have a built in bid from 401k passive flows ect.
Crypto has built in selling from new supply emissions constantly coming to market.
I think about this statement almost every day.
shitty things that i have learned about this industry working fulltime and being at ethdenver:
- everyone is tryna dump on everyone
- everyone is scamming (so so sad, but very true)
- a lot of founders/VCs do OTC deals more than you realize
- community is exit liquidity
- it's getting boring
- same dapps
- only a few (maybe 20%) real people
- some folks are real cypherpunk and embody ideologies of eth/btc/sol
- too many dudes in our industry
- some communities are not that inclusive at all (as they portray)
- never believe what people are saying on CT: there's no great ai agent, ai usecase, 10 other categorical usecases.
- we are not planning for mass adoption anymore, it's 10 years far, maybe more.
- all of crypto is less than 100k people, and there are very less MAUs
- the onchain builders and users get fcked the most
overall, everyone is racing to get rich quick and stay in the industry as a KOL; there's a lot of liquidity and money, but only whales, cabals, insiders know it.
btw, that's how most industries are, ours is just too too fast paced.
In light of today’s @Bybit_Official incident, here’s how we secure our technical @safe multisig at @GearboxProtocol:
Continuous monitoring
Whenever a new transaction is submitted or an existing one is signed, we immediately receive a notification in our alert channel. This alert shows the transaction hash and who proposed and signed the transaction.
Detailed transaction report
The most significant feature is the transaction report. It contains parsed transaction call data in a human-readable format, allowing all signers to see actions that occur understandably, both in plain text and in bytecode.
Deployment check and whitelisted external calls
Whenever the system deploys a new contract or interacts with an existing one, it checks the bytecode and compares it with code in our GitHub repository. Thus, the system constantly recompiles and compares the bytecode with the audited version, providing us with detailed information such as source links, audit reports, etc.
This is how we have built a robust system to filter and check all transactions before they go to the technical multisig and affect changes to the protocol.
@benbybit@safe Not an easy situation to deal with. Might suggest to halt all withdrawals for a bit as a standard security precaution. Will provide any assistance if needed. Good luck! 🙏
Flash trade v2 will be the CEXiest onchain exchange ever built without any compromises towards security and scalability.
Let's dive into how the @magicblock 's engine will power Flash Trade.
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.