2026-02-06
on one hand the crypto dream feels dead but on the other hand weve finally figured out how to spin ai agents into the shitcoin grift cycle so really who can say
Wall Street Journal
Strategy reports Q4 net loss up 1,749% YoY to $12.4B, as BTC trades below the company's $76,052 average purchase price; MSTR is down ~60% over the past year
Shares of the bitcoin-stockpiling company have fallen sharply since crypto prices touched all-time highs in October
on one hand the crypto dream feels dead but on the other hand weve finally figured out how to spin ai agents into the shitcoin grift cycle so really who can say
Bloomberg
Bitcoin briefly dropped to as low as $60K on February 5, its lowest level since November 2024 and down ~50% from its October 2025 peak, as global markets fall
from Epstein to quantum to AI to the death of crypto twitter — clobbering the coins [image]@luke_metro:how low does crypto have to drop before I never have to hear about Fairshake ...
2024-07-16
multiple crypto projects have had their domains mysteriously hijacked from their @squarespace account. consider transferring your domain to one of these instead: - @Cloudflare - @awscloud Route53 - @markmonitor - @CSCDBS
Krebs on Security
Researchers: hackers have exploited a Squarespace flaw to hijack domains, apparently mostly from crypto businesses, that were migrated from Google Domains
“If you bought Google Workspace via Google Domains, Squarespace is now your authorized reseller,” the help document explains. … BrianKrebs / @briankrebs@infosec.exchange : At least...
2023-05-23
Correction: @CellierLael correctly pointed out that Tornado Cash Nova, deployed to Gnosis Chain, is a proxy that is administered by governance. Therefore, the attacker is also able to drain all of the ETH in that pool by upgrading the contract https://gnosisscan.io/... https://twitter.com/...
Bloomberg
A researcher says hackers took over crypto mixer Tornado Cash on May 20 using a malicious governance proposal to give themselves fake votes to gain full control
On 2023/05/20 at 07:25:11 UTC, Tornado Cash governance effectively ceased to exist. Through a malicious proposal, an attacker granted themselves 1,200,000 votes. As this is more than the ~700,000 legitimate votes, they now have full control. https://openchain.xyz/... [image]
Bloomberg
A researcher says hackers took over crypto mixer Tornado Cash on May 20 using a malicious governance proposal to give themselves fake votes to gain full control
First, what does this mean for Tornado Cash? Through governance control, the attacker can: - withdraw all of the locked votes - drain all of the tokens in the governance contract - brick the router However, the attacker still can't: - drain individual pools
Bloomberg
A researcher says hackers took over crypto mixer Tornado Cash on May 20 using a malicious governance proposal to give themselves fake votes to gain full control
Now that they have all the votes, they can do whatever they want. In this case, they simply withdrew 10,000 votes as TORN and sold it all https://openchain.xyz/... [image]
Bloomberg
A researcher says hackers took over crypto mixer Tornado Cash on May 20 using a malicious governance proposal to give themselves fake votes to gain full control
2023-05-22
On 2023/05/20 at 07:25:11 UTC, Tornado Cash governance effectively ceased to exist. Through a malicious proposal, an attacker granted themselves 1,200,000 votes. As this is more than the ~700,000 legitimate votes, they now have full control. https://openchain.xyz/... [image]
Bloomberg
A researcher says hackers took over crypto mixer Tornado Cash on May 20 using a malicious governance proposal to give themselves fake votes to gain full control
Tornado Cash, a service that allows users to mask cryptocurrency transactions, suffered a hostile takeover by hackers through a malicious governance proposal.
First, what does this mean for Tornado Cash? Through governance control, the attacker can: - withdraw all of the locked votes - drain all of the tokens in the governance contract - brick the router However, the attacker still can't: - drain individual pools
Bloomberg
A researcher says hackers took over crypto mixer Tornado Cash on May 20 using a malicious governance proposal to give themselves fake votes to gain full control
Tornado Cash, a service that allows users to mask cryptocurrency transactions, suffered a hostile takeover by hackers through a malicious governance proposal.
Correction: @CellierLael correctly pointed out that Tornado Cash Nova, deployed to Gnosis Chain, is a proxy that is administered by governance. Therefore, the attacker is also able to drain all of the ETH in that pool by upgrading the contract https://gnosisscan.io/... https://twitter.com/...
Bloomberg
A researcher says hackers took over crypto mixer Tornado Cash on May 20 using a malicious governance proposal to give themselves fake votes to gain full control
Tornado Cash, a service that allows users to mask cryptocurrency transactions, suffered a hostile takeover by hackers through a malicious governance proposal.
Now that they have all the votes, they can do whatever they want. In this case, they simply withdrew 10,000 votes as TORN and sold it all https://openchain.xyz/... [image]
Bloomberg
A researcher says hackers took over crypto mixer Tornado Cash on May 20 using a malicious governance proposal to give themselves fake votes to gain full control
Tornado Cash, a service that allows users to mask cryptocurrency transactions, suffered a hostile takeover by hackers through a malicious governance proposal.
2022-10-08
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. https://twitter.com/...
Reuters
Binance says 2M BNB, worth ~$570M, were stolen from its BNB Chain in an exploit; “majority” of BNB are in the hacker's wallet, ~$100M worth were “unrecovered”
Then It Got Complicated The Guardian : World's largest crypto exchange hacked with possible losses of $500m Ephrat Livni / New York Times : Binance Blockchain Hit by $570 Million H...
2022-10-07
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. https://twitter.com/...
Reuters
Binance says 2M BNB, worth ~$570M, were stolen from its BNB Chain in an exploit; “majority” of BNB are in the hacker's wallet, ~$100M worth were “unrecovered”
Hackers have stolen around $100 million worth of cryptocurrency from a Binance-linked blockchain …
2022-08-03
1/ Nomad just got drained for over $150M in one of the most chaotic hacks that Web3 has ever seen. How exactly did this happen, and what was the root cause? Allow me to take you behind the scenes 👇 https://twitter.com/...
Cointelegraph
Hackers drain nearly the entire $190.7M in crypto from the Nomad token bridge, which raised an April 2022 seed from Coinbase, OpenSea, and five other companies
Brian Newar / Cointelegraph :
1/ Nomad just got drained for over $150M in one of the most chaotic hacks that Web3 has ever seen. How exactly did this happen, and what was the root cause? Allow me to take you behind the scenes 👇 https://twitter.com/...
Decrypt
An unknown attacker has been emptying Solana and USDC wallets; Solscan says over 15,000 wallets have been affected, draining $4.46M, primarily in SOL and USDC
An unknown attacker drained thousands of wallets containing at least $4 million worth of Solana and USDC late Tuesday night.
10/ It turns out that during a routine upgrade, the Nomad team initialized the trusted root to be 0x00. To be clear, using zero values as initialization values is a common practice. Unfortunately, in this case it had a tiny side effect of auto-proving every message https://twitter.com/...
Decrypt
An unknown attacker has been emptying Solana and USDC wallets; Solscan says over 15,000 wallets have been affected, draining $4.46M, primarily in SOL and USDC
An unknown attacker drained thousands of wallets containing at least $4 million worth of Solana and USDC late Tuesday night.
12/ tl;dr a routine upgrade marked the zero hash as a valid root, which had the effect of allowing messages to be spoofed on Nomad. Attackers abused this to copy/paste transactions and quickly drained the bridge in a frenzied free-for-all
Decrypt
An unknown attacker has been emptying Solana and USDC wallets; Solscan says over 15,000 wallets have been affected, draining $4.46M, primarily in SOL and USDC
An unknown attacker drained thousands of wallets containing at least $4 million worth of Solana and USDC late Tuesday night.
10/ It turns out that during a routine upgrade, the Nomad team initialized the trusted root to be 0x00. To be clear, using zero values as initialization values is a common practice. Unfortunately, in this case it had a tiny side effect of auto-proving every message https://twitter.com/...
Cointelegraph
Hackers drain nearly the entire $190.7M in crypto from the Nomad token bridge, which raised an April 2022 seed from Coinbase, OpenSea, and five other companies
Brian Newar / Cointelegraph :
12/ tl;dr a routine upgrade marked the zero hash as a valid root, which had the effect of allowing messages to be spoofed on Nomad. Attackers abused this to copy/paste transactions and quickly drained the bridge in a frenzied free-for-all
Cointelegraph
Hackers drain nearly the entire $190.7M in crypto from the Nomad token bridge, which raised an April 2022 seed from Coinbase, OpenSea, and five other companies
Brian Newar / Cointelegraph :
2022-08-02
10/ It turns out that during a routine upgrade, the Nomad team initialized the trusted root to be 0x00. To be clear, using zero values as initialization values is a common practice. Unfortunately, in this case it had a tiny side effect of auto-proving every message https://twitter.com/...
Cointelegraph
Hackers drain nearly the entire $190.7M in crypto from the Nomad token bridge, which raised an April 2022 seed from Coinbase, OpenSea, and five other companies
Hundreds of potential exploiters appear to have drained all of the bridge's $190 million in TVL in just a matter of hours. — 57 Total views