Sky Alpha 🪂
2.1K posts

Sky Alpha 🪂
@Sky_Alphaa
Research-Driven Crypto Investor | Sharing Alpha, Trends & Strategy 👀
Curent Katılım Ocak 2023
418 Takip Edilen690 Takipçiler

Stop virtue signaling you conveniently left out the fact that you had a DPRK IT worker on payroll at Elemental for years.
Name: Keisuke Watanabe
X: kasky53
GitHub alias: keisukew53, kdevdivvy, kasky53, 0xWoo
Email: keisukew53@gmail[.]com
Related addresses:
JBxidGWnhtPTGg8xw7sFT9tF4cfGtHnjYNp5GDJvGveh
8mdfRML7z3s8gqDYd72bywcEgQtcvkoJCw2bukv8X71R
BjGhtq5Vh9Lv1xxBJ6pZKx3ZCmsEHPVoWNZZGdHkVQ4p
DybGDChJMvX9Jnza4XTQVDyUGZ6jYrRg9Q3CdLiEJeh2
0x1b89aecc0f8c128150db67d7d0c4b1daeb43eda4
0x3b6cdb27d54c5773893be72973eacc8681fa21ff
0x161dea4d7ac627f2bc4358dfece386c0e9f4cc8f




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/start_rant
I’ve spent the last 4 years obsessing over one thing:
--> Trust <--
Not marketing. Not TVL. Not hype.
--> Trust <--
We designed Elemental’s architecture from the ground up with paranoia. Tight opsec. Conservative security assumptions. Even down to personal decisions, I’ve EVEN avoided unnecessary moderately "risky" activities (bungee jumping, skydiving, etc) because key-man risk is real in this space.
That’s the level of discipline required. That's the level of sacrifice needed.
And yet, none of that mattered when @DriftProtocol
went down.
Let’s be clear. This wasn’t just “a sophisticated DPRK attack”.
That’s the EASY narrative.
The raw truth is this: Basic security UTTERLY, ROYALY, DISGUSTINGLY, failed.
A 2/5 multisig + signing devices freely downloading external apps?
For a protocol managing hundreds of millions, that’s pure negligence. As your protocol grows, your security standards must scale faster than your TVL.
Drift didn’t.
The result?
Countless users lost huge swaths of money. A number lost life savings.
Many projects got hit and I know a handful probably will not survive this.
Even seemingly unrelated protocols took damage:
@kamino 's Sentora vault alone saw ~$220m exit in a flash. @JupiterExchange 's JLP dropped ~$160m.
And the worst part?
I’ve had countless users tell me they’re leaving DeFi entirely. Not just @solana DeFi. They're exiting DeFi entirely and going to put their money back in banks.
That's insanity. We literally spent all of our effort trying to build a better future of finance, and then Drift bombed us back to the stone age.
And I don’t even blame these users. Trust, once broken, is almost impossible to regain.
Leadership matters most in moments like this. Mistakes happen. They always will. I’ll likely mess up somewhere, someday too. I am, after all, human.
But silence? Deflection? Delegating responsibility instead of owning it?
That’s a complete bankruptcy of character.
@cindyleowtt has said almost nothing aside from: "Today has been an extraordinarily difficult day for Drift. I’m incredibly grateful for the outpouring of support from the community."
No apology. No remorse. No accountability.
@davijlu is even worse. Zero posts.
They pushed everything onto their BD staff, Tracy, to handle communications.
I’ve only heard from Tracy. Nothing from David. Nothing from Cindy. In fact, nothing from anyone in Drift’s leadership.
This is a live masterclass in gross management failure. Utter incompetence.
Realistically, given how DeFi operates and how most teams are structured, it’s unlikely there will be any meaningful legal recourse for users.
I’m not a lawyer, so I could be wrong. But I do hope karma comes at them, full force.
/end_rant
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BREAKING ❗️@DriftProtocol is exploited for around $270M+
Hacker Address : HkGz4KmoZ7Zmk7HN6ndJ31UJ1qZ2qgwQxgVqQwovpZES

Eesti

The @BagsHackathon leaderboard is live.
Vote for your favorite projects and share project updates to rank up.
We're excited to see what you're building!
@BagsApp @BagsFund
bags.fm/hackathon/apps
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@TryStorix @BagsHackathon @BagsApp Great! hope @TryStorix will be selected for 1M$ grant by @BagsHackathon !
Eagerly waiting for your comeback 🔥
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Sky Alpha 🪂 retweetledi

I just applied to the $4M @BagsHackathon with my project Storix on @BagsApp
Check it out here 👇
bags.fm/apps/50d79c1c-…
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@ordinalswallet One of the Major issue for normal users like me, in the Sub100k collection, instead of showing all the 100k inscriptions, the collection inscriptions are getting excluded and they are not appearing in Sub100k. This should be fixed.
@ordinalswallet

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@ordinalswallet
I want to give a user friendly suggestion like don't show only the listings with the inscription number in the sub 100k collection, show all collections that come under the sub 100k inscription so that buyers and sellers are not confused and can trade smoothly.

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How to lose $163,800 in one mistake?
Here's what happened recently:
> a user successfully sent 10,000 $TON ($13K) and 9,000 $TON ($11.7K) to a trusted wallet;
> later, two micro-transactions of 0.0001 $TON each appeared in his wallet — classic dusting attack. Scammers "dusted" his transaction history to plant a fake address;
> the sender addresses of this "dust" looked almost identical to the real ones — matching first and last characters;
> when it was time to send the big bag — 126,000 $TON ($163,800) — the user simply copied a "familiar" address from his transaction history;
> but it was a fake, the funds went straight to the scammer.
Outcome: $163,800 gone…
Shortly after, the scammer sent the money back.
Well, most of it:
> he returned 116,000 TON ($150,800) and kept 10,000 $TON ($13,000) — probably as a "finder's fee" or just a reminder to stay cautious.
Along with the transaction, the hacker left a message:
> I'm sorry, but this is far too much. Please take it back — I know it's a serious amount of money. Peace.
Stay safe out there, fam.

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