theblockschool

Bringing blockchain to the masses.

[Hudson Jameson @hudsonjameson]

Ledger Library Exploit Explainer for Average Folks

What is going on with the recent alerts not to use dapps?

A library that is used by many dapps that is maintained by Ledger was compromised and a wallet drainer was added.

What do I do as a normal user?

Do not interact with any dapp front ends on websites for now. This is an ongoing situation and it is risky to use dapps currently if you don't understand what backend libraries they use.

How does this drain your money?

If you visit the website you won't get automatically drained or your funds. However, prompts from your browser wallet (like MM) will display that give your assets to the malicious actors.

Does Ledger know about this?

Yes they do and are working on it.

Note: Even after Ledger corrects the bad code in their library, projects using and deploying that library will need to update things before it is safe to use dapps that use Ledger's web3 libraries.

Disclaimer: This is my own opinion and not the opinion of any of my employers. Take this advice at your own risk.

Stay safe ♥️

[Defipaca @defipaca]

Web 3.0, AI, EVM .. how will they contribute to a better decentralized future?

Join us Fri at 8pm (GMT+8) and let's explore tgt! 💫

[Wu Blockchain @WuBlockchain]

Breaking: Southeast Asia’s largest Uber-like app Grab adds Web3 crypto wallet. Grab has 180 million users. Currently, the Singapore region shows that it can be used. It currently shows that the Polygon wallet is supported, and there are guidance content for wallets and NFTs. Picture from @edgeville WuBlockchain comfirmed.

[Documenting ₿itcoin 📄 @DocumentingBTC]

The #bitcoin whitepaper appears to be hidden in every Apple Mac computer running macOS Catalina or newer.

/System/Library/Image\
Capture/Devices/VirtualScanner.app/Contents/Resources/simpledoc.pdf

[Aave @aave]

1/5 @jpmorgan has executed its first live trade (with real balance sheet funds!) in DeFi using a modified version of the Aave protocol on Polygon mainnet, as part of The Monetary Authority of Singapore’s (MAS) Project Guardian.

[Swift @swiftcommunity]

Check out the results of our ground-breaking collaborative experiments in CBDCs and tokenised assets, demonstrating SWIFT’s role in driving interoperability across emerging digital ecosystems.

Read more: https://t.co/VNSVcoNXgs

#cbdc #tokenization #payments #securities

[theblockschool @theblockschool]

Everything is going #phygital, even demo days!

Great to participate and learn from all these amazing Web 3.0 projects 🫡

[moledao @moledao_io]

Thank you everyone for joining our inaugural Demo Day! Great to learn from and meet all our #Web3 friends.

5⃣0⃣ + Projects submission
1⃣7⃣ Shortlisted projects
6⃣ Winners
1⃣ Web 3.0 ecosystem!🌟

Let's Buidl on!

[vitalik.eth @VitalikButerin]

And we finalized!

Happy merge all. This is a big moment for the Ethereum ecosystem. Everyone who helped make the merge happen should feel very proud today.

[theblockschool @theblockschool]

Join us and our friends at @TokenizeXchange for the latest on crypto!

[Tokenize Xchange | $TKX @TokenizeXchange]

Join our upcoming webinar as we partnered with @theblockschool to give you an overview about current #crypto market trends.

Sign up 👉 https://t.co/EdLfi9zV69

[Defipaca @defipaca]

Is it time to look at other PoW tokens like $ETC? Will sharding help to solve the scalability trilemma and remove those pesky "ETH Killers"?

Come lets talk about #EthereumMerge!

[theblockschool @theblockschool]

Want to learn to buidl in #Web3?

Check out this Bootcamp by our partner!

[moledao @moledao_io]

📢Calling all registered (and non-registered) projects for our Demo Day!

We are organising a Web3.0 Bootcamp for budding entrepreneurs and project owners to help you improve your pitch, ideas and project🤩

[Edgy - The DeFi Edge 🗡️ @thedefiedge]

One of the LARGEST Crypto Venture Capital firms:

Three Arrows Capital.

They're becoming insolvent.

With potentially $18b under management, this could be catastrophic for Crypto.

Here's a timeline of what's going on and the possible consequences:

↓↓↓

[theblockschool @theblockschool]

10,000 BTC for 2 pizzas? Happy BTC Pizza day!🍕
https://t.co/UmnQt18GxZ

[theblockschool @theblockschool]

https://t.co/3fZnmshiUN

[Jon Wu @jonwu_]

An $18 billion stablecoin is losing its dollar peg with all the magical chaos of algorithmic stables, with a dash of Bitcoin systemic risk drama.

Here's everything you need to know.

The $UST Depeg Thread:

👇

[theblockschool @theblockschool]

Maximising liquidity while still capitalizing on yield? Learn more abt refractory tokens here!

Thank you @lejimmy @prism_protocol for the sharing!

https://t.co/hYumktSPJw

[Cointelegraph @Cointelegraph]

Could blockchain lead to a healthcare revolution?

@EUBlockchain publishes a report with an optimistic perspective on its implementation, noting compatibility with the core principles of “Healthcare 4.0.” https://t.co/Q27f7euZKH

[Molly White @molly0xFFF]

"The Axie Infinity hack, what happened, and why people keep talking about bridges"

https://t.co/KdJQLtHNxT

[Cointelegraph @Cointelegraph]

Is decentralization under threat?

NFT marketplace OpenSea has reportedly begun barring Iranian users from its platform, sparking outrage from NFT collectors. https://t.co/Ht7uGOovTE

[theblockschool @theblockschool]

Join us tmr night to chat about #NFT!

[moledao @moledao_io]

Join us for our upcoming session on NFT 2.0 where we'll chat on the potential, evolution and future of #NFTs!

Date: Mar 3, Thursday
Time: 21:00 (GMT+8)

⏰Set reminder now👇
https://t.co/avb7C34GVf