2022-10-08
If the world ran on a scalable proof of work blockchain, there wouldn't be a need for bridges. Instead, BSC is a copypasta of Ethereum with all the security problems of a global state machine. As they absorb more value, they will be hacked more because they're trash honeypots. https://twitter.com/...
Reuters
Binance says 2M BNB, worth ~$570M, were stolen from its BNB Chain in an exploit; “majority” of BNB are in the hacker's wallet, ~$100M worth were “unrecovered”
Then It Got Complicated The Guardian : World's largest crypto exchange hacked with possible losses of $500m Ephrat Livni / New York Times : Binance Blockchain Hit by $570 Million H...
2022-10-07
If the world ran on a scalable proof of work blockchain, there wouldn't be a need for bridges. Instead, BSC is a copypasta of Ethereum with all the security problems of a global state machine. As they absorb more value, they will be hacked more because they're trash honeypots. https://twitter.com/...
Reuters
Binance says 2M BNB, worth ~$570M, were stolen from its BNB Chain in an exploit; “majority” of BNB are in the hacker's wallet, ~$100M worth were “unrecovered”
Hackers have stolen around $100 million worth of cryptocurrency from a Binance-linked blockchain …
2022-06-13
@Techmeme People need to follow my tweets more closely... https://twitter.com/...
Celsius
DeFi lending platform Celsius pauses “all withdrawals, Swap, and transfers between accounts”, citing extreme market conditions
We are writing with a very important message for our community. — Due to extreme market conditions, today we are announcing that Celsius is pausing …
2021-04-03
Excite to see the wash trading go public, tbh. #SODL https://twitter.com/...
Decrypt
Coinbase says it expects its shares will start trading on April 14 and plans to release Q1 results on April 6
Jeff John Roberts / Decrypt :
2020-04-20
It's as if a global state machine is easy to hack because it just a giant single computer. #ShouldHaveUsedBSV https://twitter.com/...
Decrypt
Hackers steal ~$25M worth of cryptocurrency from Lendf.Me, a dForce-based decentralized lending platform, likely using a well-known exploit of an Ethereum token
2020-02-20
2009: Replace Visa with bitcoin. 2010: Start scaling the network. 2011-2014: Darknet business. 2015: MasterCard pays bitcoin devs 2017: Bitcoin breaks, so split the chain. 2018: Never list BSV. 2019: List a ton of Shitcoins. 2020: Quit on bitcoin. Join Visa. https://twitter.com/...
Forbes
Coinbase becomes a Visa Principal Member, allowing it to issue bitcoin debit cards for other crypto companies and traditional firms
Michael del Castillo / Forbes :