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This! ALL of it!
Sometimes Failure is a blessing in disguise. You may not realize it right away, but you may be being pushed down a different path, where your destiny can be fulfilled. ๐ง
I have been feeling this a lot lately. Thanks for the reminder Pawtato Finance!
๐จ Shibarium Bridge Security Update ๐จ
Earlier today, a sophisticated ( probably planned for months ) attack was carried out using a flash loan to purchase 4.6M BONE. The attacker gained access to validator signing keys, achieved majority validator power, and signed a malicious state to drain assets from the bridge.
Because the BONE was delegated to Validator 1, it remains locked (due to unstaking delays), giving us the chance to freeze those funds.
โธป
๐ Immediate Actions Taken
โขPaused stake/unstake functionality as a precaution.
โขMoved stake manager funds out of the proxy into a hardware wallet controlled by our trusted 6/9 multisig.
โขThis move is temporary until we fully confirm the extent of any validator key compromise.
โธป
โ Next Steps
Once secure key transfers are completed and validator control integrity is verified, the stake manager funds will be restored in full.
Our top priority is protecting the network and community assets. We will continue to provide transparent updates as the investigation progresses.
โธป
โ ๏ธ Important Notes
โขWe are currently in damage control mode and do not yet know if the breach originated from a server or a developer machine.
โขWe are actively working with Hexens, Seal 911, and PeckShield to investigate the incident.
โขAuthorities have been contacted. However, we are open to negotiating in good faith with the attacker: if the funds are returned, we will not press any charges and are willing to consider a small bounty.
$KNINE @K9finance Website updated + New liquidity pool pairs released last weeks, plans for @0xPolygon expansion in the works and the retroactive airdrop ๐ช nearing the 10 days left mark! Im excited what a solid team, no talks they just drop the tech! ๐ฅ๐ฅ๐ฅ Shibarium finest
๐จCryptoโs exciting, but scams & hacks can crush you if youโre not careful. As a beginner, I learned this the hard way. Hereโs my story + tips to keep YOUR funds safe! ๐ก๏ธ
๐๐๐ฌ๐ฌ๐จ๐ง๐ฌ ๐ ๐ซ๐จ๐ฆ ๐๐ก๐ ๐๐ซ๐๐ง๐๐ก๐๐ฌ #๐๐ ๐๐ฑ๐ฉ๐๐ง๐ฌ๐ข๐ฏ๐ ๐๐ฎ๐ข๐ญ๐ข๐จ๐ง ๐
๐ ๐๐ฆ ๐ถ๐๐ ๐ก๐๐ฆ ๐๐๐ ๐ก๐๐๐๐
I got burned multiple times in crypto. Hereโs how:
โข ๐ธ ๐ช๐๐๐๐๐๐ ๐ฉ๐๐๐๐๐๐๐๐๐ (2022): I trusted Celsius, a centralized lending platform, with my crypto. When they went bankrupt, my funds were locked. Lost: thousands. Lesson? Centralized platforms arenโt foolproof.
โข ๐ ๐ณ๐๐ ๐๐๐ ๐พ๐๐๐๐๐ ๐ซ๐๐๐๐ ๐จ๐๐๐๐๐: I fell for a bad file downloader posing as Ledger. I entered my seed phrase on a fake site, and hackers drained my wallet in minutes. Lost: everything in it. Lesson? NEVER share your seed phrase. Only input it into the device itself when setting up. Be sure to buy your hardware wallet directly from the manufacturer for extra safety.
โข ๐ณ๏ธ ๐น๐๐ ๐ท๐๐๐๐: I chased crazy APYs in sketchy DeFi projects. They seemed legit, but the devs disappeared with my funds. Lost: way too much. Lesson? High yields often hide high risks.
๐ ๏ธ ๐๐๐ฎ๐ญ๐ข๐จ๐ง๐๐ซ๐ฒ ๐๐ข๐ฉ๐ฌ ๐ญ๐จ ๐๐ฏ๐จ๐ข๐ ๐๐๐๐ฆ๐ฌ & ๐๐๐๐ค๐ฌ
Donโt make my mistakes! Protect yourself with these beginner-friendly tips:
โข ๐ง ๐น๐๐๐๐๐๐๐ ๐ฉ๐๐๐๐๐ ๐ฐ๐๐๐๐๐๐๐๐: Vet projects via CoinGecko, RugDoc, or community reviews for red flags.
โข ๐ ๐บ๐๐๐๐๐ ๐๐๐๐ ๐พ๐๐๐๐๐: Keep your seed phrase offline (paper/metal). Never enter it on websites or apps. Use hardware wallets like Ledger or Trezor correctly.
โข ๐ง ๐ฉ๐๐๐๐๐ ๐ท๐๐๐๐๐๐๐: Double-check email/website URLs. Scammers fake legit brands. Go straight to official sites.
โข โ ๐น๐๐๐๐๐ ๐ท๐๐๐๐๐๐๐๐๐๐ ๐ญ๐๐๐: At the first sign of a phishing attack, use https://t.co/tKRSHsA6D3 to review & revoke wallet approvals. Update approvals regularly to limit exposure.
โข ๐ฉ ๐จ๐๐๐๐ ๐ป๐๐-๐ฎ๐๐๐ -๐ป๐-๐ฉ๐-๐ป๐๐๐ ๐ท๐๐๐๐๐๐๐: Insane yields = insane risk. Stick to trusted DeFi like Aave or Compound.
โข ๐ ๐ฌ๐๐๐๐๐ 2๐ญ๐จ: Use two-factor authentication (authenticator apps, not SMS) on exchanges and wallets.
โข ๐ ๐ผ๐๐ ๐ ๐ฝ๐ท๐ต: Add extra security with a reputable VPN (like NordVPN or ExpressVPN) to protect your connection, especially on public Wi-Fi.
โข ๐ก๏ธ ๐ฐ๐๐๐๐๐๐ ๐บ๐๐๐๐๐๐๐ ๐บ๐๐๐๐๐๐๐: Use antivirus and anti-malware (like Bitdefender, Wallet Guard, or Malwarebytes) to guard against keyloggers and malicious downloads.
โข ๐ฑ ๐ฒ๐๐๐ ๐๐๐๐ ๐ท๐๐๐๐ ๐ผ๐๐ ๐๐๐๐ : If trading on your phone, always update your OS and apps to patch security vulnerabilities.
โข ๐พ ๐ฉ๐๐๐๐๐ & ๐ป๐๐๐: Back up your wallet and test recovery before depositing large amounts. Before sending funds, be sure to copy the address correctly, verify the correct chain, double check, and do a quick test transaction to avoid big losses.
๐ ๐น๐๐๐๐ ๐โ๐๐ข๐โ๐ก: Cryptoโs a game-changer, but scams lurk everywhere. Stay curious, stay cautious, and protect your bag. Learn from my losses to save yours! ๐ช