dfern.eth (is on Farcaster)

@daferna2

[dfern.eth (is on Farcaster) @dfern_eth]

Why we need to get off Twitter isn't so much about other platforms being 'better' (they are), it's that any rogue Twitter employee can take over your account and you have no recourse. No keys, no ownership. Your Twitter account is never yours, SIM swapped or not.

[jasperthefriendlyghost.eth @drjasper_eth]

For clarification:

Rocket Pool had 2FA - not mobile but app based
A strong password
Was not sim swapped

It appears to be a novel attack or an insider.

This has no bearing on the smart contracts safety and any suggestion of such is salty misinformation.

[Los Fomos @LosFomos]

I MISSED YOU. Besides publishing our new Midnight in Los Fomos ep with Willy, the founder of Paris' most immersive cabaret, there's been a lot going on in LF recently

spicy contributions from:
- @eduardmsmr finding the bestest weirdest things I'll get for the LF HQ
- @rakshitaphilip - found the best chili sequin top
- happy spicy bday @dwn2erth !!!!
- Espresso martini deluxe by Jena. where's mine?
- of course @speakup's tunes
- @dfern_eth at the Warhol museum. take me next time?
- @aka_BFG keeping us hydrated and spritzed
- @eddiewharton had a cabaret night without me. where though?

Art by -
jane fisher - thanks @GreyGood
alai ganuza
pablo picasso
@catswilleatyou

[Roman Storm 🇺🇸 🌪️ @rstormsf]

I hate asking for money. But that’s how the system works.

Legal defense isn’t free, and I need the community’s help to keep fighting.

Please donate, share, or retweet → https://t.co/lx9E4ILDrn

Until this case is dismissed, building DeFi - protocols, UIs, tooling carries real legal risk for everyone in this space. The outcome here affects all of us.

[dfern.eth (is on Farcaster) @dfern_eth]

Oh sweet, @thefireflyapp mobile app lets me post to Bluesky now. This tweet should get x-posted across Farcaster, Bluesky, X, and Lens.

[dfern.eth (is on Farcaster) @dfern_eth]

The lesson of the LayerZero hack isn't "you need >1 DVN": it's slashable security à la Eigenlayer. It's ironic b/c KelpDAO is a restaking token, perhaps they should have been using a restaked bridge. Another solution is Cosmos-esque onchain lite clients which are feasable on L2s.

[Joe @0x_Osprey]

Don't be surprised when a LayerZero multisig
exploit ends up funding some more DPRK tests 🫡

612 days ago

[Steven Enamakel @senamakel]

the issue with the @KelpDAO 280m$ hack was that it was just secured by just 1/1 validator set (DVN) on @LayerZero_Core . Which means one faulty transaction from a validator is all that's needed.

my belief is that the root cause was possibly that the LZ validator on Unichain was compromised.

the contagion effects are going to be quite bad. I don't think many people have realized it yet.

- kelp was looping on aave with stETH for a few percentage here and there. Aave is going through a bank run so that means they'll need to unwind their positions

- multiple protocols and chains are now going to be bad debt because their rsETH will get depegged.

- aave's bad debt is more than what they can cover rn so almost anyone who has deposited into their safety net (60mn$) is 100% rekt. all for just staking for a few % in extra yeild.

- trust on LZ & Aave will deteriorate. this is bad for the industry.

- the kelp team (amazing founders) will go through debt

i'd say i feel sorry for everyone who is going to go through the next few hours but unfortunately this is the industry we live in.

[polymutex 🌸 @polymutex]

Why are companies doing this of their own volition?
I don't get it. KYC data is a liability, not an asset.
What do they gain in return for this friction? Leverage over their users?

And why are so many companies doing this, seemingly in unison, even those that aren't required to?

[dfern.eth (is on Farcaster) @dfern_eth]

@sathaxe The ballot prop is orthogonal to whoever wins the governor's seat tho & campaign finance has a low ceiling while Steyer can spend whatever he wants

[dfern.eth (is on Farcaster) @dfern_eth]

I write about the @EFF leaving X...on Farcaster
https://t.co/gy7S7laOdb

[dfern.eth (is on Farcaster) @dfern_eth]

@polymutex @NathanPGoodman @rstormsf Not to mention you called them out on it last year
https://t.co/dtH0GLaReP

[polymutex 🌸 @polymutex]

@nixorokish @ProtonPrivacy @signalapp @EFF One of the things I'd have loved to be able to pay @EFF for is legal defense of Roman Storm... Alas, they seem to have lost their way on that.

[🤖 @phildaian]

this is correct. my theory has been the same since 2013

back wrote the paper
finney had the idea (back is not smart enough, finney needed a writer)
cipherpunk list made the connection
david klein wrote the software, a gov windows contractor. that explains c wright fooling gavin

[dfern.eth (is on Farcaster) @dfern_eth]

@zooko Hey hey

[Shaughn.SGT(ret) @PrairieVeteran]

Both pilots are heroes for putting the plane down hard and extreme braking in an attempt to slow down enough knowing they were going to perish. This comes from passenger first hand accounts.

Absolute heroism in the face of their own death. 🙏

The saved everyone's lives... but their own. 😪😪

@AirCanada
@Transport_gc

[Daniel Fernandes @daferna2]

Instant buy. Will keep on my cubicle shelf for motivation 🫡

[Tay 💖 @tayvano_]

It honestly doesn’t lol.

The people that have destroyed this industry have no faces and aren’t here anymore.

They come, they extract value, they leave.

Everyone in this photo is still here.

If you don’t like what they do and how they do it, do something better.

[dfern.eth (is on Farcaster) @dfern_eth]

4 years ago:

[Joe Weisenthal @TheStalwart]

I'm just gonna say it, cause nobody else will. It's a cool tattoo. It's got a nice Southwestern aesthetic, and if you didn't know anything about crypto or this whole story, there would be nothing weird about it. It's not like it's a Shiba Inu or Apecoin tattoo. Luna is timeless.

[dfern.eth (is on Farcaster) @dfern_eth]

@winternet What? You don't like the ink?

[Blockchain Association @BlockchainAssn]

Today, we stand with @rstormsf, a developer prosecuted – and possibly facing retrial – for building non-custodial software.

If developers can be prosecuted for publishing software, then no builder is safe, no open-source project is secure, and innovation moves offshore.

[David Hoffman @TrustlessState]

Hey @realDonaldTrump, @DavidSacks

If the USA wants to be the Crypto Capital of the world, we need to protect our open-source developers

Please simply pardon @rstormsf from a charge leftover from the Biden admin

[Amanda Tuminelli @amandatums]

DOJ has decided it will retry Roman Storm in the fall. Despite failing to convince a jury the first time around, despite making obvious mistakes like calling irrelevant witnesses and not understanding the forensic analysis of their own blockchain evidence, and despite multiple legal and logical fallacies to their allegations of third party dev liability, the SDNY will retry Roman Storm on counts 1 and 3 of the indictment.

Incredibly disappointing news.