
Deniz Mert Edincik
2.1K posts

Deniz Mert Edincik
@bluesign
Reverse Engineer / Developer / Mostly Harmless












NEW: DUTCH UNREALIZED GAINS TAX 🇳🇱 The Netherlands just voted to overhaul annual income tax filings with a new tax of up to 36% for unrealized capital gains, starting in 2028. Assets like Bitcoin on bitcoin, stocks, and bonds will trigger tax liabilities each year based on changes in value, even if nothing has been sold. I've been warning you: asset seizures are coming to Europe.


FLOW NETWORK INCIDENT: Forensic Fund Tracking Report FindLabs is publishing the following analysis in collaboration with the Flow Foundation's security and engineering teams, who conducted the primary forensic investigation. • INCIDENT CONFIRMATION On December 27, 2025, an attacker exploited a vulnerability in Flow's execution layer. The attacker then moved assets off-network — primarily through bridges to Ethereum — before validators executed a coordinated network halt. Confirmed funds exited to date total approximately $3.9M, with forensic analysis ongoing. Critically, this exploit did not access or affect existing user balances. All user deposits remain intact. The vulnerability has been identified and isolated. A full technical post-mortem will be published within 72 hours. • ATTACKER WALLET (ETHEREUM) 0x2e7C4b71397f10c93dC0C2ba6f8f179a47F994e1 All confirmed exit transactions route through this address. Freeze requests have been submitted to exchanges and stablecoin issuers. • CONFIRMED EXIT TRANSACTIONS The following exit paths have been identified and verified. Confirmed funds exited to date: ~$3.9M USD equivalent. Forensic analysis is ongoing and this report will be updated as additional transactions are identified. CELER BRIDGE — 297.69 ETH - 74.422 ETH — etherscan.io/tx/0xbf3f95b0f… - 74.422 ETH — etherscan.io/tx/0xe6f55f204… - 74.422 ETH — etherscan.io/tx/0x106b8db43… - 74.422 ETH — etherscan.io/tx/0x9d6684f6f… DEBRIDGE — 479.35 ETH (includes USDC conversions) - 49.359 ETH — etherscan.io/tx/0x2d347295a… - 151.781 ETH — etherscan.io/tx/0x1eae85eed… - 123.30 ETH — etherscan.io/tx/0x3b5671861… - 14.932 ETH — etherscan.io/tx/0x9d6684f6f… - [+ 10 additional transactions ranging 11-17 ETH each] DIRECT WITHDRAWALS — 109.19 ETH - 90.299 ETH (Binance) — etherscan.io/tx/0xcf20b2c7f… - 18.89 ETH (Binance) — etherscan.io/tx/0x6e5b6fb95… RELAY BRIDGE — 39.44 ETH - 39.44 ETH — etherscan.io/tx/0x6bc988300… STARGATE — 9.98 ETH - 4.99 ETH — etherscan.io/tx/0x22a55360d… - 4.99 ETH — etherscan.io/tx/0x4378c6988… WBTC — 9.8 WBTC (~$930K) - 4.9 WBTC — etherscan.io/tx/0xe00dee9da… - 4.9 WBTC — #tokentxns" target="_blank" rel="nofollow noopener">etherscan.io/address/0x2e7c…
PYUSD — 339K PYUSD (converted to ~261 ETH) - 279K PYUSD — etherscan.io/tx/0x52580ac81… - 60K PYUSD — etherscan.io/tx/0xeb3f5cf06… • ACTIVE LAUNDERING DETECTED The attacker is actively attempting to launder funds through privacy-preserving protocols: THORCHAIN (ETH → BTC conversion) - 250 ETH — etherscan.io/txs?a=0x2e7c4b… - 248 ETH — etherscan.io/tx/0x83099b48a… - 287 ETH — etherscan.io/tx/0x82276037a… CHAINFLIP (ETH → BTC conversion) - 50.6 ETH — etherscan.io/tx/0x74330ac39… - 258.14 ETH — etherscan.io/tx/0x6d250dc07… - 258.82 ETH — etherscan.io/tx/0x3c18a6daf… • CONTAINMENT STATUS ✅ Flow network halted — no further unauthorized activity possible ✅ Exit transactions identified to date mapped above ✅ Freeze requests submitted to Circle, Tether, Binance, Coinbase, Kraken ✅ Forensic partners and law enforcement engaged ✅ User funds unaffected — exploit did not access existing balances • NEXT STEPS The protocol fix has been developed and is entering final validation. → Target restart: Within 4-6 hours, pending successful testnet validation → Next status update from Flow Foundation: Within 2 hours → Full technical post-mortem: Within 72 hours This report will be updated as fund movement continues.
Following this update from Flow, we want to make it clear that no Dapper Labs user balances or assets are impacted. Including the Dapper Labs treasury. Dapper Platforms will be back online when the Flow network resumes normal operations, currently expected to happen in ~6 hours.






















