Patricia

Blockchain | Digital Assets | Web3 | Fintech | Legal | Regulatory | Strategy | Fundraising

[Patricia @surrealpat]

@Nick_van_Eck good take @Nick_van_Eck

[Lombard @Lombard_Finance]

For the first time, $BARD - the native token of the Lombard Protocol - will be distributed through a pre-launch Community Sale on @buidlpad.

This milestone for Lombard, marks an opportunity for the community to participate in the future of Bitcoin onchain.

[Patricia @surrealpat]

@coinwatchdotco Amazing stuff @coinwatchdotco thanks for bringing transparency to this space

[coinwatch @coinwatchdotco]

Today we’re announcing Coinwatch Track - a new way for crypto projects to see what their market makers are doing in real-time, using their API keys.

[Lombard @Lombard_Finance]

https://t.co/nGJYxTEPhS

[ZachXBT @zachxbt]

The crime supercycle is indeed very real.

While it’s true the industry has historically been ripe for abuse it has noticeably increased since politicians launched meme coins and numerous court cases were dropped further enabling the behavior.

Laundering groups and small OTC brokers have seemingly won the battle for Lazarus Group after successfully laundering recent hacks (Bybit, DMM Bitcoin, WazirX, etc) with ease. I estimate the Black U market on Tron is no less than $5-10B and largely unattributed.

A number of teams sit and watch collecting fees doing nothing when >50% of the activity for their protocol comes from stolen funds.

Influencers and KOLs face zero repercussions for scamming followers / projects.

Courts siding with smart contract exploiters due to outdated laws.

Can we fix the system if the vast majority of people still do not care unless they lose money?

It's concerning about what the long term ramifications may be even if these decisions benefit us in the short term.

If you ever wanted the opportunity to extract from the industry there's not been much of a better time.

Take a chance what's the worst thing that could happen if everyone's already doing it?

That said there's never been a worse time to be doing black hat (phishing, social engineering, robberies) vs gray hat activity when the current environment is favorable.

Surely this time is different…

[Paul William Harmon @TheHarmonX]

Sir Demis Hassabis is the most dangerous CEO alive:

• Chess prodigy at age 4
• Knighted in 2023 for services to AI
• Nobel Prize in Chemistry in 2024

He now leads Google's DeepMind AI

His vision of the next 10 years will terrify you 🧵

[KuCoin @kucoincom]

🌿 Scaling new heights in blockchain!

@surrealpat, COO of @Scroll_ZKP, talks about the power of women driving innovation in Layer 2 solutions. 🔥💻

#KuCoinIWD #WomenOfWeb3

[Patricia @surrealpat]

@benbybit It also goes to show the strength of the @Bybit_Official team, calm, organised and understand what matters to your customers. There is no drill or playbook that can get you there - in the end it’s all about good decision making and execution. Well done! 👏🏻

[Patricia @surrealpat]

@benbybit Really well handled. Respect. 🫡

[Patricia @surrealpat]

@MikeSilagadze Right on. I have this question for a long time

[Nass Eddequiouaq @nassyweazy]

I worked directly on DPRK's biggest bridge hack ever (Ronin), helped track BSC bridge hackers off-chain, and was at Apple in the security team at the time of the Pegasus spyware so I consider myself somewhat of an expert here.

I'd recommend the @HyperliquidX team to do the following *asap*:

1) Hop on a call with @tayvano_

2) Get new laptops + ledgers / AWS Nitro Enclaves (new AWS org & permissions) / HSMs

3) Create new bridge quorum keys from the new laptops and ledgers following the best key management practices

4) Work with Tay and @_SEAL_Org to submit the rotation transactions with the new quorum keys

5) Run a full scan of your devices and infra with Mandiant or Crowdstrike

6) Run a few more audits on the DEX and internal infra via @trailofbits @dguido

My gut instinct is that DPRK likely already has access to the internal infra and work laptops via 0-day. It could be any form of phishing such as a pdf or any other type of document opened by the team in the last few months, with additional lateral movements which they've done countless times in the past.

DPRK is known to spend a lot of time within the victim's infrastructure to maximize the impact of the attack and the efficiency of the withdrawal flow.

Happy to hop on a call as well @chameleon_jeff but it'd be good to get in touch with Tay here really

[Patricia @surrealpat]

@MMJahanara @SarinaAZSari Congrats @MMJahanara looking dapper

[Elon Musk @elonmusk]

The Federal government computers & software are in such bad shape that they often cannot verify that payments are not fraud, waste or abuse!

That’s why the government can’t pass basic audits. They often LITERALLY don’t know where your tax dollars went. It’s insane.

My preferred title in the new administration is Volunteer IT Consultant. Need to fix the IT infrastructure in order to make government work. This is a grind & hardly glorious, but we can’t make government efficient & fix the deficit if the computers don’t work.

[Elon Musk @elonmusk]

Whatever happens …
Don’t let it ruin your day

[Patricia @surrealpat]

@DiogenesCasares Good read. Interesting analysis.

[Diogenes @diogenes]

https://t.co/atSwQCuLOE

[Patricia @surrealpat]

@toghrulmaharram All the best @toghrulmaharram

[Elon Musk @elonmusk]

The world is suffering slow strangulation by overregulation. Every year, the noose tightens a little more.

We finally have a mandate to delete the mountain of choking regulations that do not serve the greater good.

[Patricia @surrealpat]

@MikeSilagadze @ether_fi @Scroll_ZKP With you all the way @MikeSilagadze