Home
Crypto
- Altcoins
- Bitcoin
- Ethereum
- Monero
- XRP
- Zcash
Web3
DeFi
NFTs

No Result

View All Result

Home
Crypto
- Altcoins
- Bitcoin
- Ethereum
- Monero
- XRP
- Zcash
Web3
DeFi
NFTs

No Result

View All Result

No Result

View All Result

ROLLUP: Huge Binance Exploit | David Sues the Treasury | Devcon Bogota | PayPal Censoring

by Altszn.com

October 14, 2022

in Blockchain, Crypto, DeFi, Web3

ROLLUP: Huge Binance Exploit | David Sues the Treasury | Devcon Bogota | PayPal Censoring

399

SHARES

2.3k

VIEWS

Share on Facebook Share on Twitter

⬆️ Join Bankless Premium to listen to the Ad-Free version of this episode 🚀

🎙️ NEW ROLLUP

Listen to podcast episode | Apple | Spotify | YouTube | RSS Feed

Bankless Sponsor Tools:

⚖️ ARBITRUM | SCALING ETHEREUM
https://bankless.cc/Arbitrum

❎ ACROSS | BRIDGE TO LAYER 2
https://bankless.cc/Across

🦁 BRAVE | THE BROWSER NATIVE WALLET
https://bankless.cc/Brave

💠 NEXO | CRYPTO FINANCIAL HUB
https://bankless.cc/Nexo

🔐 LEDGER | NANO HARDWARE WALLETS
https://bankless.cc/Ledger

⚡️FUEL | THE MODULAR EXECUTION LAYER
https://bankless.cc/fuel

📺 ROLLUP: 2n Week of October, 2022

October 14, 2022

MARKET

DevCon 2022

Scroll zkEVM Testnet

<div class="tweet" data-attrs="{"url":"https://twitter.com/daddysether/status/1579681127669051394","full_text":"Last night we officially announced the upgraded version of our zkEVM testnet over at @Scroll_ZKP 📜\n\nThis is a huge milestone for both the Scroll team, and our incredible early community\n\nLet’s break down what this upgrade means for both developers, and users \n\n🧵👇","username":"daddysether","name":"liam 🦇🔊🕯🌊📜","date":"Tue Oct 11 03:51:44 +0000 2022","photos":[],"quoted_tweet":{},"retweet_count":16,"like_count":99,"expanded_url":{},"video_url":null,"belowTheFold":true}”>

liam 🦇🔊🕯🌊📜 @daddysether

Last night we officially announced the upgraded version of our zkEVM testnet over at @Scroll_ZKP 📜

This is a huge milestone for both the Scroll team, and our incredible early community

Let’s break down what this upgrade means for both developers, and users

🧵👇

Arbitrum Acquires Prysm

<div class="tweet" data-attrs="{"url":"https://twitter.com/arbitrum/status/1580190809701613568","full_text":"We’re extremely happy to announce that we (@OffchainLabs) are acquiring @prylabs, the team behind Ethereum’s leading consensus client!\n\nLet’s dive into details!🧵👇\n\noffchain.medium.com/the-merge-2-0-…","username":"arbitrum","name":"Arbitrum","date":"Wed Oct 12 13:37:02 +0000 2022","photos":[],"quoted_tweet":{},"retweet_count":322,"like_count":1264,"expanded_url":{"url":"https://offchain.medium.com/the-merge-2-0-offchain-labs-acquires-prysmatic-labs-the-leading-ethereum-consensus-client-team-9eab169c5fb6","image":"https://bucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com/public/images/587561c4-1a99-4b4d-b640-9144f774ee17_621x402.jpeg","title":"The Merge 2.0: Offchain Labs acquires Prysmatic Labs, the leading Ethereum Consensus Client team","description":"We’re extremely happy to announce that Offchain Labs is acquiring Prysmatic Labs, the leading Ethereum consensus client. Merging L1 and L2…","domain":"offchain.medium.com"},"video_url":null,"belowTheFold":true}”>

Arbitrum @arbitrum

We’re extremely happy to announce that we (@OffchainLabs) are acquiring @prylabs, the team behind Ethereum’s leading consensus client!

Let’s dive into details!🧵👇

offchain.medium.com/the-merge-2-0-…

offchain.medium.comThe Merge 2.0: Offchain Labs acquires Prysmatic Labs, the leading Ethereum Consensus Client teamWe’re extremely happy to announce that Offchain Labs is acquiring Prysmatic Labs, the leading Ethereum consensus client. Merging L1 and L2…

zkSync Pathfinder L3 Testnet

https://www.theblock.co/post/175823/zksync-says-layer-3-testnet-pathfinder-will-launch-in-q1-2023

Polygon zkEVM Testnet

Sandeep | Polygon 💜🔝3️⃣ @sandeepnailwal

BREAKING : zkEVM Public Testnet is LIVE!

LFG!

Supermodular

<div class="tweet" data-attrs="{"url":"https://twitter.com/owocki/status/1579508166613946368","full_text":"i am pleased to announce the launch of @supermodularxyz\n\nwe are a venture studio that builds regen web3 projects, often on top of & adjacent to @gitcoin ‘s protocols (QF/grants/passport).\n\nsupermodular.xyz ","username":"owocki","name":"Ξwoki (🤖,💚)","date":"Mon Oct 10 16:24:27 +0000 2022","photos":[{"img_url":"https://substackcdn.com/image/upload/w_1028,c_limit,q_auto:best/l_twitter_play_button_rvaygk,w_88/tw2jduvxczmrkfe80aza","link_url":"https://t.co/9yZKtiIM1K","alt_text":null}],"quoted_tweet":{},"retweet_count":67,"like_count":462,"expanded_url":{},"video_url":"https://video.twimg.com/ext_tw_video/1579507836492697601/pu/vid/540×540/g3omTkcWdKUDYnEH.mp4?tag=14","belowTheFold":true}”>

Ξwoki (🤖,💚) @owocki

i am pleased to announce the launch of @supermodularxyz

we are a venture studio that builds regen web3 projects, often on top of & adjacent to @gitcoin ‘s protocols (QF/grants/passport).

supermodular.xyz

NEWS

Binance HACK

BNB Chain @BNBCHAIN

Due to irregular activity we’re temporarily pausing BSC. We apologize for the inconvenience and will provide further updates here.

Thank you for your patience and understanding.

2 Million Token Exploit

BNB Chain @BNBCHAIN

Due to irregular activity we’re temporarily pausing BSC. We apologize for the inconvenience and will provide further updates here.

Thank you for your patience and understanding.

Damage –

SlowMist @SlowMist_Team

Since the $BNB Chain was suspended, the ~$430M on it cannot be transferred any further.

In total, over $110M was moved off the BNB Chain
Frozen: ~6,5M $USDT
Supplied to lending pools: ~$37.5M
Borrowed: ~$16.5M
Still have access to: $83.3M

How it Happened

samczsun @samczsun

Five hours ago, an attacker stole 2 million BNB (~$566M USD) from the Binance Bridge. During that time, I’ve been working closely with multiple parties to triage and resolve this issue. Here’s how it all went down.

Freezing Blockchains

https://github.com/bnb-chain/bsc/releases/tag/v1.1.15
David Sues the Treasury

https://www.theblock.co/post/176701/coin-center-sues-treasury-over-tornado-cash-sanctions
Fighting for Privacy Rights

Jerry Brito @jerrybrito

1/ Today Coin Center filed suit in federal district court against OFAC challenging its authority to sanction Tornado Cash immutable smart contracts.

4:41 PM ∙ Oct 12, 2022

2,041Likes574Retweets

The Complaint
- https://www.coincenter.org/app/uploads/2022/10/1-Complaint-Coin-Center-10-12-22.pdf
Fighting for Shaq

<div class="tweet" data-attrs="{"url":"https://twitter.com/TrustlessState/status/1580253035804372993","full_text":"I'm suing the Department of Tresury!\n\nI got dusted from @TornadoCash, and now every year of my life I am FORCED file a report reaffirming that I’m not a criminal. \n\nI don’t intend to waste my time like that. \n\nDavid Hoffman vs Janet Yellen \n\nLet’s dance ","username":"TrustlessState","name":"DavidHoffman.bedrock 🦇🔊🏴","date":"Wed Oct 12 17:44:18 +0000 2022","photos":[{"img_url":"https://pbs.substack.com/media/Fe4vwViWAA0LIVJ.jpg","link_url":"https://t.co/GVCMuzvpEH","alt_text":null}],"quoted_tweet":{},"retweet_count":1045,"like_count":8117,"expanded_url":{},"video_url":null,"belowTheFold":true}”>

DavidHoffman.bedrock 🦇🔊🏴 @TrustlessState

I’m suing the Department of Tresury!

I got dusted from @TornadoCash, and now every year of my life I am FORCED file a report reaffirming that I’m not a criminal.

I don’t intend to waste my time like that.

David Hoffman vs Janet Yellen

Let’s dance

5:44 PM ∙ Oct 12, 2022

8,117Likes1,045Retweets

The Coincenter Mullet

https://gitcoin.co/coincenter

All Time Hacks

https://www.financialexpress.com/blockchain/octobers-the-biggest-month-in-crypto-hacks-chainalysis/

Mango $100m Hack

https://decrypt.co/111727/solana-defi-trading-platform-mango-markets-loses-100m-in-hack

Proposal –

<div class="tweet" data-attrs="{"url":"https://twitter.com/alex_valaitis/status/1580017142132805632","full_text":"So just to recap the @mangomarkets situation:\n\n-Hacker exploits Mango for $100M+\n\n-Hacker turns around & offers to return most funds, if DAO promises not to pursue criminal investigations\n\n-Hackers uses 32M votes from the exploit to vote ‘Yes’\n\nLMFAO you cannot make this shit up! ","username":"alex_valaitis","name":"Alex Valaitis","date":"Wed Oct 12 02:06:56 +0000 2022","photos":[{"img_url":"https://pbs.substack.com/media/Fe1Y5olXwAE3_nm.jpg","link_url":"https://t.co/LsdafMS7vQ","alt_text":null}],"quoted_tweet":{},"retweet_count":1115,"like_count":5989,"expanded_url":{},"video_url":null,"belowTheFold":true}”>

Alex Valaitis @alex_valaitis

So just to recap the @mangomarkets situation:

-Hacker exploits Mango for $100M+

-Hacker turns around & offers to return most funds, if DAO promises not to pursue criminal investigations

-Hackers uses 32M votes from the exploit to vote ‘Yes’

LMFAO you cannot make this shit up!

Solving Hacks

RYAN SΞAN ADAMS – rsa.eth 🦇🔊 @RyanSAdams

1/ We had $718m in hacks in crypto this quarter.

$3 billion this yr.

“It’s early, hacks will happen”

Yes.

But that’s no longer good enough. Not when we face nation state level attacks.

And if we remain cavalier & don’t defend our code, it’ll cost us.

Thread:

Across Airdrop

<div class="tweet" data-attrs="{"url":"https://twitter.com/acrossprotocol/status/1579849755760287744","full_text":"1/ ACX Airdrop – Here’s what you need to know.\n\nP.S. It’s not too late to qualify. Check across.to/airdrop to see your ACX balance.\n\n","username":"AcrossProtocol","name":"Across","date":"Tue Oct 11 15:01:48 +0000 2022","photos":[],"quoted_tweet":{},"retweet_count":170,"like_count":490,"expanded_url":{"url":"https://medium.com/across-protocol/acx-airdrop-what-you-need-to-know-its-not-too-late-to-qualify-111276d2acf7","image":"https://bucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com/public/images/62515d29-ef7a-435b-a5a8-3942c47ad328_1200x600.png","title":"ACX Airdrop — What You Need to Know (It’s Not Too Late to Qualify!)","description":"Tl;Dr","domain":"medium.com"},"video_url":null,"belowTheFold":true}”>

Across @AcrossProtocol

1/ ACX Airdrop – Here’s what you need to know.

P.S. It’s not too late to qualify. Check across.to/airdrop to see your ACX balance.

medium.comACX Airdrop — What You Need to Know (It’s Not Too Late to Qualify!)Tl;Dr

PayPal Censorship

<div class="tweet" data-attrs="{"url":"https://twitter.com/davidmarcus/status/1578795041719750663","full_text":"It’s hard for me to openly criticize a company I used to love and gave so much to. But @PayPal’s new AUP goes against everything I believe in. A private company now gets to decide to take your money if you say something they disagree with. Insanity. paypalobjects.com/marketing/ua/p…","username":"davidmarcus","name":"David Marcus","date":"Sat Oct 08 17:10:45 +0000 2022","photos":[],"quoted_tweet":{},"retweet_count":13758,"like_count":62307,"expanded_url":{},"video_url":null,"belowTheFold":true}”>

David Marcus @davidmarcus

It’s hard for me to openly criticize a company I used to love and gave so much to. But @PayPal’s new AUP goes against everything I believe in. A private company now gets to decide to take your money if you say something they disagree with. Insanity. paypalobjects.com/marketing/ua/p…

Celsius Users Doxxed

https://fortune.com/crypto/2022/10/07/did-celsius-dox-its-customer-base/

Lark –

찌 G 跻じ 𝙎𝙚𝙣𝙥𝙖𝙞 of the 𝙃𝙚𝙣𝙩𝙖𝙞 @DegenSpartan

lark managed to withdraw ~$2.5m outta celsius before it went down

ZachXBT @zachxbt

@Timccopeland Nice to see Lark got out okay! https://t.co/AyGOM4xqBV

Bored Ape SEC Probe

[DB] Bored-Ape Creator Faces Sec Probe Over Unregistered Offerings: BBG

L2beat Bridges

https://l2beat.com/bridges/tvl/

UniStark –

<div class="tweet" data-attrs="{"url":"https://twitter.com/nethermindeth/status/1578769317952647168","full_text":"The next big milestone in the #Warp project has been reached 🎉 Introducing UniStark: #Uniswap only Warp’ed to #StarkNet!\n\nWe have successfully transpiled and compiled UniswapV3 🚀 Find out how & get the link to the repo here:\n\nmedium.com/nethermind-eth…\n\n@StarkNetEco @Uniswap","username":"nethermindeth","name":"Nethermind","date":"Sat Oct 08 15:28:32 +0000 2022","photos":[],"quoted_tweet":{},"retweet_count":103,"like_count":378,"expanded_url":{"url":"https://medium.com/nethermind-eth/introducing-unistark-uniswap-only-warped-to-starknet-6b62d3a96690","image":"https://bucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com/public/images/1a96806f-a459-4ad0-b948-21c9a8c7cf88_1200x553.png","title":"Introducing UniStark: Uniswap, only Warp’ed to StarkNet","description":"By Jorik Schellekens","domain":"medium.com"},"video_url":null,"belowTheFold":true}”>

Nethermind @nethermindeth

The next big milestone in the #Warp project has been reached 🎉 Introducing UniStark: #Uniswap only Warp’ed to #StarkNet!

We have successfully transpiled and compiled UniswapV3 🚀 Find out how & get the link to the repo here:

medium.com/nethermind-eth…

@StarkNetEco @Uniswap

medium.comIntroducing UniStark: Uniswap, only Warp’ed to StarkNetBy Jorik Schellekens

Google Search –

Han⚡️ @hhua_

Well done, blockchain address is now available in Google Search!

Uniswap Labs $165m Raise

<div class="tweet" data-attrs="{"url":"https://twitter.com/Uniswap/status/1580532185597026306","full_text":"1/ We’re proud to announce that we’ve raised $165 million in Series B funding to bring the powerful simplicity of Uniswap to even more people across the world 🦄🍾\nuniswap.org/blog/bringing-…","username":"Uniswap","name":"Uniswap Labs 🦄","date":"Thu Oct 13 12:13:32 +0000 2022","photos":[],"quoted_tweet":{},"retweet_count":339,"like_count":1988,"expanded_url":{"url":"https://uniswap.org/blog/bringing-web3-to-everyone","image":"https://bucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com/public/images/7d066d15-fb37-4a86-803a-852585ff2a51_2400x800.jpeg","title":"Bringing Web3 to Everyone","description":"Uniswap Labs announces $165M Series B!","domain":"uniswap.org"},"video_url":null,"belowTheFold":true}”>

Uniswap Labs 🦄 @Uniswap

1/ We’re proud to announce that we’ve raised $165 million in Series B funding to bring the powerful simplicity of Uniswap to even more people across the world 🦄🍾
uniswap.org/blog/bringing-…

uniswap.orgBringing Web3 to EveryoneUniswap Labs announces $165M Series B!

JOBS

NATION QUESTIONS

TAKES

<div class="tweet" data-attrs="{"url":"https://twitter.com/trustlessstate/status/1578551874520723456","full_text":"Just finished 'Coin: A Founders Story', the documentary about @brian_armstrong and @coinbase\n\nEvery time I learn more about Brian, I discover more reasons to respect him\n\nHe’s gone from successful founder, to industry leader, to now: a personal hero\n\nThanks for everything Brian","username":"TrustlessState","name":"DavidHoffman.bedrock 🦇🔊🏴","date":"Sat Oct 08 01:04:29 +0000 2022","photos":[],"quoted_tweet":{},"retweet_count":42,"like_count":692,"expanded_url":{},"video_url":null,"belowTheFold":true}”>

DavidHoffman.bedrock 🦇🔊🏴 @TrustlessState

Just finished ‘Coin: A Founders Story’, the documentary about @brian_armstrong and @coinbase

Every time I learn more about Brian, I discover more reasons to respect him

He’s gone from successful founder, to industry leader, to now: a personal hero

Thanks for everything Brian

<div class="tweet" data-attrs="{"url":"https://twitter.com/RepHuizenga/status/1578383374447689731","full_text":"The fact that @SECGov @GaryGensler will have appeared twice with Jon Stewart before attending an oversight hearing with @FinancialCmte @FSCDems is alarming. Appearing before Congress is part of your job. We look forward to seeing you in 2023 under new leadership. ","username":"RepHuizenga","name":"Rep. Bill Huizenga","date":"Fri Oct 07 13:54:56 +0000 2022","photos":[],"quoted_tweet":{"full_text":"Exciting news: SEC Chair Gary Gensler will be on our podcast next week. Anything you want @JonStewart to ask him? Drop your questions here and listen to the episode October 12 on @ApplePodcasts! https://t.co/e4E4D4dXWj","username":"TheProblem","name":"The Problem With Jon Stewart"},"retweet_count":667,"like_count":2444,"expanded_url":{},"video_url":null,"belowTheFold":true}”>

Rep. Bill Huizenga @RepHuizenga

The fact that @SECGov @GaryGensler will have appeared twice with Jon Stewart before attending an oversight hearing with @FinancialCmte @FSCDems is alarming. Appearing before Congress is part of your job. We look forward to seeing you in 2023 under new leadership.

The Problem With Jon Stewart @TheProblem

Exciting news: SEC Chair Gary Gensler will be on our podcast next week. Anything you want @JonStewart to ask him? Drop your questions here and listen to the episode October 12 on @ApplePodcasts! https://t.co/e4E4D4dXWj

RYAN SΞAN ADAMS – rsa.eth 🦇🔊 @RyanSAdams

Apparently the era of easy money is over and crypto was just a speculative asset bubble that will never recover and there was never anything real here and you should have sold at the top you idiot

Hello 2018.

Good to be back.

DavidHoffman.bedrock 🦇🔊🏴 @TrustlessState

RYAN SΞAN ADAMS – rsa.eth 🦇🔊 @RyanSAdams

From the 2015-2016 bear market we got Ethereum.

From the 2018-2019 bear market we got DeFi & NFTs.

What’ll be the big thing coming out of this bear market?

🏴 JOIN THE NATION 🏴

Subscribe: Newsletter | iTunes | Spotify | YouTube | RSS Feed

Follow: Twitter | Instagram | Reddit | TikTok | Facebook

Not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here.

Read More: shows.banklesshq.com

Tags: Binance Bogota Censoring David DeFi Devcon Exploit Huge PayPal Rollup Sues Treasury

magazine

Category

Advertise

Advertise your site, company or product to millions of web3, NFT and cryptocurrency enthusiasts. Learn more

Useful Links

Resources

Recent News

Ethereum (ETH) ETFs See Record Inflows as Ether (ETH) Price Outperforms Bitcoin (BTC)

Ethereum (ETH) ETFs See Record Inflows as Ether (ETH) Price Outperforms Bitcoin (BTC)

December 1, 2024

XRP Tops $100B Market Cap, Reaches 2018 Levels, as Ripple’s RLUSD Close to Approval

XRP Tops $100B Market Cap, Reaches 2018 Levels, as Ripple’s RLUSD Close to Approval

December 1, 2024

© 2022 Altszn.com. All Rights Reserved.

No Result

View All Result

Home

© Altszn.com. All Rights Reserved.

Bitcoin (BTC) $ 97,548.00
Ethereum (ETH) $ 3,728.14
Tether (USDT) $ 1.00
XRP (XRP) $ 2.17
Solana (SOL) $ 238.17
BNB (BNB) $ 657.40
Dogecoin (DOGE) $ 0.443076
Cardano (ADA) $ 1.13
USDC (USDC) $ 1.00
Lido Staked Ether (STETH) $ 3,725.66
Shiba Inu (SHIB) $ 0.000031
Avalanche (AVAX) $ 44.80
TRON (TRX) $ 0.207387
Toncoin (TON) $ 6.85
Stellar (XLM) $ 0.537237
Wrapped stETH (WSTETH) $ 4,392.91
Polkadot (DOT) $ 9.24
Wrapped Bitcoin (WBTC) $ 97,307.00
Chainlink (LINK) $ 18.90
WETH (WETH) $ 3,727.23
Bitcoin Cash (BCH) $ 529.28
Sui (SUI) $ 3.48
Pepe (PEPE) $ 0.000022
Litecoin (LTC) $ 117.01
NEAR Protocol (NEAR) $ 6.92
Hedera (HBAR) $ 0.211891
LEO Token (LEO) $ 8.60
Uniswap (UNI) $ 13.11
Wrapped eETH (WEETH) $ 3,925.55
Aptos (APT) $ 13.46
Internet Computer (ICP) $ 12.78
USDS (USDS) $ 0.997643
Cronos (CRO) $ 0.189911
Ethereum Classic (ETC) $ 33.19
POL (ex-MATIC) (POL) $ 0.598662
Artificial Superintelligence Alliance (FET) $ 1.83
Bittensor (TAO) $ 640.96
Render (RENDER) $ 8.77
Ethena USDe (USDE) $ 1.00
Kaspa (KAS) $ 0.168495
Filecoin (FIL) $ 6.84
Algorand (ALGO) $ 0.496915
Arbitrum (ARB) $ 0.967278
VeChain (VET) $ 0.045762
Stacks (STX) $ 2.39
Dai (DAI) $ 0.999867
Celestia (TIA) $ 8.04
Bonk (BONK) $ 0.000046
Cosmos Hub (ATOM) $ 8.79
Immutable (IMX) $ 2.01