1/15
The scalability of a #zkRollup IS NOT limited by the prove.
I'm detecting some missunderstandings of how a zkRollup works.
Let me explain in this thread why the prover is not the limiting factor and what are the actual limitetions of zk ( and optimistic ) rollups.
1/27 🧵 The chain/rollup-as-a-service field is furiously heating up right now.
I count no less than 9 dedicated companies that want to compete in the space (not even counting L2s and L1s that may want a part of the action). Here's a whirlwind tour!
Scammers are becoming more clever. I'm starting to see a new type of scam where it appears that YOUR address is selling NFTs to someone else.
Here's how the scam works, the 23 lines of code to replicate it, and how to differentiate between fake and legit sales 🧵:
#PeckShieldAlert The Ren 1.0 Network will be shutting down On December 20th, 2022. Make sure to remove exposure to renBTC on Curve/Convex/Badger and etc. ASAP to avoid potential loss of funds.
#CertiKSkynetAlert 🚨
So far this year ~$307.5M was lost due to private key compromises, with the most recent one being the Raydium protocol on 12/16/22 resulting in ~$5.5M loss. These private key attacks are one of the largest attack vectors seen in the Web3 space
Read more 👇
1/ In 2022, the largest single private key exploit still remains the Wintermute incident that resulted in ~$162M in assets stolen.
You can read more about the incident in our analysis 👇
https://t.co/kQhTOnEuvq
#CertiKSkynetAlert 🚨
Be aware of fake @opensea emails going around stating you can claim an NFT.
This email 👇 links to phishing site https://killabears.c-pebindia[.]com/
DO NOT interact with the above URL and stay vigilant for phishing emails!
⚠️ URGENT
Google has released a patch for a vulnerability in Android that allows for REMOTE CODE EXECUTION over Bluetooth with no additional execution privileges needed.
BMW is coming to the metaverse!
The company has applied to trademark its logo for:
▶️ NFT authenticated media + files
▶️ Virtual vehicles + clothing + footwear
▶️ Retail stores for virtual vehicles + clothing
▶️ Virtual environments
… and more!
#NFT#Metaverse#Web3#BMW
1/ Myself and @bax1337 spent this past weekend looking into the FTX attacker’s deposits to ChipMixer.
It appears they’ve likely been transferring a portion of the stolen FTX funds to OKX after withdrawing from CM
So far we’ve accounted for at least $4.1m (255 BTC) sent to OKX
WBTC Depegging!
Affected by the Alameda/FTX crash, WBTC began to show signs of depegging on November 10.
And WBTC depegged to 0.9852 on November 25.
1.🧵
A thread about what happened to WBTC.
No FUD.
Fun fact: WETH cannot ever go insolvent. Your WETH will always be swappable 1:1 with ETH.
The code and logic is quite simple. In fact, it only takes 60 lines of code to implement.
Here's a simple primer on how WETH works 🧵:
🚨URGENT🚨
Update your chromium based browsers. New Zero-Day being actively exploited in the wild.
This vulnerability is around a heap-based buffer overflow attack. Allowing an attacker to execute arbitrary code on your computer.
Please share for awareness!
Stay Safe Fam 🔒
There may be some contagion risk for all wrapped tokens like #wBTC & #renBTC 👇
🚨 Only hold NATIVE coins right now, like #BTC on #Bitcoin network! 🚨
⚠ #wBTC depeged by almost 1% vs #BTC ⚠
Market makers behind such wrapped tokens (with exposure to #FTX) may be at risk!
Here’s everything mapped out about the FTX attack on both the Ethereum and Bitcoin side.
Will keep this report updated with all of the relevant addresses:
https://t.co/QAMJF9MBtJ
1/ I have seen a ton of misinformation being spread on Twitter and in the news about the FTX event so let me debunk the three most common things I’ve seen
“Bahamian officials are behind the FTX hack”
“Exchanges know who the hacker is”
“FTX hacker is trading meme coins”