Sigtrap
442 posts

Sigtrap
@killminus5
Zploit is a Swedish producer/hacker exploiting everything for fun and rewards. https://t.co/IUrktyMxgA https://t.co/xbuG4CqRU7

seems like a true GG20 0-day if so, we're in the age of AI-breaking-crypto and the risk matrix has changed my personal opinion is the GG20 class of protocols have too many foot-guns and should be abandoned to a modern TSS scheme, that is actively maintained by an active crypto team. for the first time ever, perhaps the community should also consider a closed source TSS implementation, so that at least defenders stay one step ahead of the attackers. A closed source TSS engine can be verified and validated by the security team + dev team + large node operators who are aligned with the network. Open to ideas.






















Circle deciding whether to freeze funds from an obvious hack.
















Try out prediction markets in the Coinbase app. If you make 5 correct predictions for the big game, you can win a share of $1m in Bitcoin.


🚰⚠️ $USDC has outflowed another $1.25B since Thurs, bringing total redemptions >$6B According to Circle’s 11/28 attestation they held ~$11.5B cash Assuming they want to maintain some cash balance, they’ll soon start dipping into their US treasuries / UST-backed repos








