Introduction: I began this series two years ago as a weekly Twitter/X thread. However, I decided to repost it here as a blog post in case my Twitter account is banned again.
Certik "hacked" Kraken
One of the biggest recent stories was the hack of @krakenfx.
It came to light that the attackers were not "hackers" but the security company Certik.
On June 9 2024, we received a Bug Bounty program alert from a security researcher. No specifics were initially disclosed, but their email claimed to find an “extremely critical” bug that allowed them to artificially inflate their balance on our platform.
5,461
Commentary by PopPunkOnChain:
I know i've been shitposting a lot recently, but this is 100% real.
Stay the fuck away from this horrific company.
Everything becomes better with memes:
Zach exposed Pharma Bro
It feels like ages ago, but it is yet another wild story arc.
Pharma bro @MartinShkreli got exposed by Zach as the guy behind the infamous $DJT shit coin.
At first, Martin said he had nothing to do with the coin, but once Zach exposed him, he admitted it.
Earlier today Arkham announced a $150K bounty for the identity of the DJT creator
11:49 pm UTC I reply to Arkham saying I submitted for the bounty
11:57 pm UTC Martin Shkreli panic DM’s me
12:27 am UTC Martin Shkreli…
Blaze team sends gold to their multisig
The @Blast_L2's low FDV is a story in itself, but the Blaze team sending 72K Gold to their multisig instead of distributing it to their users was one of the negative highlights at the end of season 1.
They didn't get their Blast Gold out in time so instead they sent all 72000
to their team wallet.
Crypto Twitter drama
This wouldn't be a proper TMZ series if he had no beef among CT users.
Here we have Blur Whale #1 calling out @DeeZe.
The current meta of crypto
We seem to have two "metas" in the crypto space right now.
1. D-Tier stars launching meme coins with the help of @blknoiz06 and co.
2. Everybody sues everybody.
Below: SEC sues Consensys, the maker of MetaMask.
Allegedly, MetaMask Swaps generated over $250M in fees, and unregistered staking securities with @LidoFinance and @RocketPool_Fi were sold.
50 Cent hacked
We also had @50cent claiming that his account was hacked and that it wasn't him who shilled some random shit coin.
He also claimed that someone made "$3,000,000 in 30 minutes" from the hack, even though it had only $19.8 million in volume. 🤔
UwU Lend restored their protocol and got hacked again
UwU Lend got hacked. Then, it re-enables the protocol and immediately gets hacked again.
The team has now identified the vulnerability, which was unique to the sUSDe market oracle and has now been 𝗿𝗲𝘀𝗼𝗹𝘃𝗲𝗱. All other markets have been re-reviewed by industry professionals and auditors with no issues or concerns found.
Follow-up by security company Cyvers:
ALERTHey @UwU_Lend, you are being targeted again by same hacker!Look at this trx: etherscan.io/tx/0x9235e0662…
More info will follow!
Want to keep your company off our alerts radar? Learn how to secure your assets: Book a Demo
calendly.com/d/cpx9-yvd-vpp…#CyversAlert
Social engineering. Be careful
Like every day and every week, many unsuspecting users have been hacked and their wallets drained, often through social engineering. Here, we have a pretty sophisticated version of it.
A few weeks ago I received a DM from a follower who lost $245K after accidentally downloading malware onto their computer.
Logan Paul sues Coffeezilla
@LoganPaul filed a defamation lawsuit against Coffeezilla over his coverage of his failed CryptoZoo project.
In the lawsuit, Paul claims that Coffeezilla knowingly and falsely accused Paul of being involved in the scam. Paul is seeking damages over $75,000.
Oh, and it looks like I did something right. Because I just realized he blocked me on Twitter. YES!!!
FBI puts cyber criminals behind real bars
Let's finish this update with some positive vibes and how the FBI stopped a bunch of cybercriminals who expanded their "business" to the real world, where they committed a string of break-ins where they assaulted, threatened, and kidnapped victims.
Reading the last sentence, damn, that hurts. It's good to know these guys will end up several years behind bars.
Thank you for reading
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❤ for reading!
PS: If you want to support my work, consider minting this article. They will be limited to 150 pieces, and even though it is only one dollar, I appreciate the gesture and am very grateful.
