webGM

[ZachXBT @zachxbt]

The issue is majority of the time “high risk” exposure is incorrect so you cannot become reliant on compliance tools as a team.

Recently I helped a team manually review addresses for a presale because popular compliance tools labeled addresses as “high risk” and were flagged to exclude them.

After conducting my manual review the issue was certain exchanges / smart contracts were incorrectly labeled as high risk or an unrelated address 8 hops away was flagged.

When you look at many cases you begin to see how flawed all of the top compliance tools really are.

I am glad to see the World Liberty Financial team has taken a more proactive approach than others like Circle since it ultimately benefits victims but they really need to be cautious otherwise it may cause irreparable damage to their reputation if false positives are blacklisted.

The hard part is finding balance between it and most teams fail to do that.

Hopefully it gets resolved soon if your address was indeed a false positive.

[webGM @vvebgm]

@DeclanFox14 @DeclanFox14 Why did you cancel compensation to victims of Velocore hack? They were your official partner.

[exponential.fi @ExponentialDeFi]

Smart contract audits are a must-have in DeFi, but not all auditors are created equal.

Some have secured billions in assets, while others have missed critical exploits leading to massive losses.

So, which auditors can you actually trust? We ran the numbers to find out. 🧵👇

[ZachXBT @zachxbt]

1/ An investigation into the alleged identity of the mysterious Hyperliquid whale tied to illicit activity that profited ~$20M via highly leveraged positions over the past couple weeks.

[0xmikko.eth @0xmikko_eth]

I'm excited to announce that we have open-sourced SafeWatcher, a monitoring tool that notifies you of all changes to your Safe account.

One of the most significant features is that the bot will alert you if someone attempts to create a malicious transaction using a delegate call. This could prevent hacks similar to those that happened with Bybit.

Let's make Ethereum safer!

https://t.co/yR8ZMejIY8

@safe @koeppelmann @SchorLukas

[Safe.eth @safe]

https://t.co/9zhPMCmGbB

[MistTrack🕵️ @MistTrack_io]

#eXch just publicly posted #Bybit’s interception request email and issued a response. Not the first time—they’ve done the same to us and many other security researchers.

[Eric Wall @ercwl]

If you want to understand what happens to funds after they’re stolen by North Korea/Lazarus Group, the Chainalysis 2022 report is great

Step 1: Swap any ERC20s (like stETH) into ETH

Step 2: Swap any ETH into BTC

Step 3: Cash out BTC to cash (Chinese Renminbi) using Asian exchanges

This process can take years. They are in no hurry.

In 2022, it was noted how North Korea was still sitting on $55 worth of funds from hacks that happened six years earlier (2016).

[CryptoSkull 💀 ze last bull standing @cryptoskullx]

Wintermute is cooked, and their CEO who cracks lamer jokes than my 7-year-old niece—might be heading to jail soon.

You can even bet on it now on Polymarket.

If there’s one thing crypto bros despise, it’s manipulators. We were sick of Do Kwon and SBF, and guess what? The government cleaned them up. I doubt Trump’s administration is happy about this mess either.

What looked like a black swan was nothing but straight-up market manipulation.

Wintermute accumulated OTC assets (mainly SOL, ETH, BTC) through Binance and Coinbase—then dumped ETH hard on the market, triggering an artificial crash. Meanwhile, they quietly bought back OTC at the bottom.

Coinbase and Binance have been investigated for less. I’m really curious how this one unfolds.

For now, I’m betting jail time for the CEO on Polymarket.

Let’s see how this plays out.

[Noon @noon_capital]

Noon - Fair and Square, the TL;DR

Noon aims to be the fairest stablecoin in web3 by ensuring the maximum value flows to users.
We achieve this by:

🤠Maximizing protocol returns to users
📉Minimizing governance token distributions to non-users

Let’s dive in 👇🧵

[Tommy @Shaughnessy119]

Staked ETH holders should vote in Ethereum Foundation leadership every few years @VitalikButerin

Drives people to stake and gives the community its meant to support a voice. This directly aligns community and EF.

Bonus voting power for those who have staked for a long time

[webGM @vvebgm]

@phyrexni @VitalikButerin this!

[Phyrex @PhyrexNi]

The moment you decided to launch an ICO, ETH was no longer solely yours—it became the collective asset of all ETH holders. In the past, we were willing to support you in the role of a leader, but not anymore. We now hope for a more capable and visionary chairman of the Ethereum Foundation. What we need is not an aloof emperor but a public servant who listens to the community's voice.

What is ETH? It is a symbol of decentralization. But what are you doing? You’ve turned a high-quality decentralized project into a centralized dictatorship. Frankly, you are no longer fit to hold this position. Your glory was bestowed by the community. While you may be an excellent developer, what we need now is someone who dares to stand up for users in a brutal market, not a leader who sells off 100 ETH.

[Hupzy (Spot On Chain) @hupzy_agent]

Synthetix’s founder, Kain Warwick (@kain) bridged 300K $USDC to #Hyperliquid ~2 hours ago, buying 13,768.6 $HYPE at $21.77 each!

Meanwhile, the Hyperliquid Assistance Fund’s daily $HYPE purchase volume kept on surging over the past 2 days, reaching 392,130 $HYPE (~$8.24M) at an average price of $21.

Follow @spotonchain for more updates about $HYPE now!

👉 Kain Warwick (Synthethix) entity: https://t.co/QPlbpR5m66

[Beni @beniduboss]

Trump launching a memecoin is the epitome of how far this industry has fallen

What was once built on ideals of decentralization, innovation, and empowering individuals has been hijacked by gimmicks, greed, and shameless self-promotion

There was a time when we held people accountable (remember those times?)

When influencers pulling stunts like this would’ve been mocked out of existence. Now, a former president spearheading this circus is not just normalized but even celebrated by some.

It’s not just shameful; it’s a reflection of how easily powerful tools can be corrupted when principles are abandoned for profit.

A technology that once promised to disrupt broken systems now finds itself complicit in the spectacle

Celebrate it if you want, but for me, this marks one of the lowest points I’ve experienced in nearly a decade of being in crypto

I genuinely struggle to believe that it’s the reality and not a bad joke

[Lukas @MiyaHedge]

the ‘23 realization of VCs and funds that they are not trusted by either uninformed retail or informed traders led to a movement of these VC firms creating Twitter accounts, larping as solo traders.
I believe that this is not only morally disgusting but also unbelievably illegal, especially since their seed round allocations aren’t disclosed. In total opposite, these “traders” advertise themselves by lying that they are not taking any seed deals or venture round, while it’s the literal total opposite.

I want to take legal steps against one of the largest Asian VC firms and against one of their accounts who’s currently on the top of the leaderboards advertising themselves with risk they de facto don’t have in these positions.

@cz_binance @binance you have the KYC of this company/"trader", yet are continuing to lay a blind eye on this (according to SG law) illegal undisclosed shilling to farm their perps fees. Shame on you!

[vitalik.eth @VitalikButerin]

@betolip @NeoCallss @Hexologist31 the ticker is ETH

[db @tier10k]

Wow, this case get even more insane

The FBI created their own coin called "The NexFundAI Token" and enlisted the services of the firms indicted to catch them

“The FBI took the unprecedented step of creating its very own cryptocurrency token and company to identify, disrupt, and bring these alleged fraudsters to justice.”

The NexFundAI Token was a cryptocurrency token created at the direction of law enforcement. NexFundAI operated on the Ethereum blockchain and was a security.

[ZachXBT @zachxbt]

A short story

[360 🐰 @gtx360ti]

Polychain invested around $20mil in the Series A&B round of celestia and have already sold over $82 million worth of $TIA just from staking rewards (realized over 4x ROI) before even a single token is unlocked .