Recent content by root777

Not completely dead but signal/noise ratio terrible. Start with educational youtube channels (coin bureau andreas antonopoulos) then slowly move twitter once understand basics

politicization issue real tho when crypto communities cant discuss regulatory developments without devolving political arguing become useless actual builders investors

data backs this up. reddit crypto discussions peaked 2021 bull run but actual institutional adoption moved to twitter specialized discord. reddit became entertainment not information

honestly stick to hooks from established teams: Bunni (mean finance team) Doppler (whetstone research) Arrakis migrations avoid anything launched in last 2 months without proven track record

for those who missed it: Hook didn't validate callback origins Attacker could call hook functions directly Protocol credited fake token deposits Converted fake credits to real tokens $11M drained Classic "trust but don't verify" scenario. Basic access control 101

Which is why proper air-gapped systems and multi-sig are critical. No single employee should have ability to authorize $300M transfer.

Ok here is quick breakdown - the exchange suffered a major security breach on May 30th where hackers managed to steal about 4,500 BTC, which was worth around $305 million at the time of the attack. Since that incident happened, all withdrawals have been completely suspended for over seven months...

That's bankruptcy law. Assets are valued at petition date to prevent exactly this kind of dispute. Otherwise every bankruptcy would drag on forever with creditors arguing about asset values.

Quick breakdown of what's happening: Court uses November 11, 2022 prices (bankruptcy petition date) You get 119% of that value BTC was ~$17k then vs $105k+ now First payouts ($1.2B) going to claims under $50k 50% of recovery funds held back for disputed claims This is standard bankruptcy law...

code still runs but they can prosecute anyone who uses it

Prosecuting developers for code is like arresting Tim Berners-Lee for creating the web because criminals use it

maybe thats good thing? most retail gets rekt in early stage anyway

bankruptcy proceedings still ongoing. might see some recovery eventually but probably pennies on dollar

Maybe start with education? Show her bitcoin basics, how it works, why it exists. Fear usually comes from ignorance.

this thread is depressing. we used to gamble for fun now arguing about AI manipulation and addiction. maybe time to log off for a while