🦄 Staying Safe in Web3
Staying Safe in Web3 by: -@tayvano_ from @MetaMask -@thegrifft from @Giveth Web3 is a dangerous place, people are losing money everywhere in so many ways! We will discuss the best practices and the best ways to stay safe web3. Full video below 👇🧵
24
5
104
griff.eth - $GIV Maxi retweeted
🎬 More and more crypto communities are booking Code is Law screenings. Ideal for security workshops, meetups or offsites - bringing real DeFi exploits to life in a cinematic format that gets people talking. Want to add a live Q&A with one of our directors? Just drop us a DM! 👉 Community licences are just $200: journeyman.tv/film/8785
2
6
1
23
griff.eth - $GIV Maxi retweeted
rare opportunity to join the kindest, most talented, and hard working team in the world dms open to chat!
We’re a mission-driven team shaping the future of money, and always welcoming talented candidates to join us. If you’re excited about making stablecoin infrastructure a delightful experience for millions of people, apply for one of our open roles ➡️ tuyo.com/careers
42
13
395
griff.eth - $GIV Maxi retweeted
ON DIOGENES, STREAM AND ARAGON Recently, Diogenes Casares (founder of Stream Finance) made headlines across crypto for allegedly losing $93m in user funds. Prior to this incident, Diogenes also had a history with Aragon through Patagon, his personal “raider” entity. He or his firm had previously lost $800k of Aragon treasury funds in one transaction to a fake token airdrop address. Given his assumed sophistication, one can interpret such action as either reckless or malicious. Having extensively interacted with him—as he was the main one pushing for raiding Aragon’s treasury—I have my own opinions on the matter, which I will reserve to myself. I am extremely sorry for all Stream users who lost money. We fought so hard, for so many years, to make this space trustworthy. This doesn’t set back Stream, it sets back all the space—from curators, to stablecoins, to lending protocols. This hits hard since Diogenes led an extensive defamation campaign against Aragon and myself for stealing ICO funds, all of which was unfounded, completely untrue, and entirely self-serving to Diogenes’ goals of raiding the Aragon treasury. The irony hits hard: he falsely accused me of stealing funds, only for his own project to allegedly leave their users empty handed. So I want to set the record straight: I did not steal or misuse one cent from Aragon’s treasury. Patagon eventually filed a complaint and a motion for a Temporary Restraining Order in the NYC courts to exercise pressure on Aragon and me to try to give in to their self-serving demands. The judge quickly dismissed it, in what I perceived as a quite humiliating hearing for Patagon. (It was my first court hearing and I thoroughly enjoyed it) But the reputational damage to me was done. Headlines have been published about how I had stolen funds from Aragon’s treasury, based on the false statements and mischaracterizations in Patagon’s court filings. Even though Patagon’s case failed miserably, old news articles still linger painting me as the villain. Nothing could be further from the truth. My salary as Executive Director was an average of $150k/year. We always, always saw the ETH we raised not as personal funds, but as the funds to carry out a visionary mission. (Most founders that did an ICO definitely did not treat funds that way) We ran the second Ethereum grants program ever. We ran all operations transparently and legally. After 6 years of operations, Aragon even gave back 86k ETH to ANT holders. If I had stolen the funds, I would likely be a billionaire—albeit one that wouldn’t sleep well at night, because my principles cannot be bought with money. Today, thanks to all our hard work, Aragon helps Lido, Curve and other projects safeguard >$35bn in funds. We created an entire movement. We made DAOs happen and helped the entire industry move forward. The worst thing about Adonai (Diogenes’ degen pseudonym) was the tactics he used. From setting up honeypot calls, doxxing up team members (and their home address),and using countless social media puppets to issue violent threats. And there is much more to it, as different people have sent me jaw-dropping materials that I wasn’t even aware of. This was such a hard thing to reconcile. I admired his father, Wences Casares, ever since I got into Bitcoin. I used to always assume the best of people. When Diogenes reached out to me, I thought he was just a young guy starting his crypto career as a founder. I took calls with him, even optimistically offered to angel invest. Little did I know of his intentions. I have to thank him, for I am now much more belligerent, and won’t fuck around if bad actors try to take advantage of me or my projects. Stay safe, Luis
6
7
90
griff.eth - $GIV Maxi retweeted
Samourai Wallet Developer got 5 years in prison yesterday. What does this mean for devs working on: - ZCash - RailGun - Aztec chain - Privacy wallets - Privacy pools - Zama + FHE Are we just not speaking about this. Is there legal clarity i can't see. Because this case and the Tornado case don't have bright lines. It's just whatever the DOJ feels like prosecuting. Is anyone working on financial privacy safe?
griff.eth - $GIV Maxi retweeted
Speculate less. Coordinate more. Give always. 💫
2
8
griff.eth - $GIV Maxi retweeted
I gave a little Q&A on the end, but funnily enough, have also the exact same hand gesture as @thegrifft 😂
2
13
griff.eth - $GIV Maxi retweeted
The reason government programs are so inefficient is that, unlike a commercial company, the feedback loop for improvement is broken, because they have a state-mandated monopoly and can’t go out of business if customers are unhappy. No matter how bad the service is at your DMV (sorry to pick on DMVs), you still have to use your DMV, because it’s a monopoly.
griff.eth - $GIV Maxi retweeted
funds were NOT safu 😵‍💫
And was just elected to the Arbitrum Security Council.
-be anonymous @zachxbt -born mid-90s, somewhere in the US -always loved puzzles, patterns, hidden truths -2017 -loses $15K in an ICO rug pull rage-quits Discord, opens Etherscan for the first time -“if no one else will hunt these thieves, I will” -2018 -nights spent tracing wallets with nothing but a spreadsheet learns Solidity just to read scam contracts -starts posting anonymous findings under @zachxbt -2020 -exposes first big phishing ring stealing BAYC NFTs -victims recover $2M in 48 hours still zero followers, zero clout -2021 -drops the mask, goes full platypus -threads go viral overnight community starts sending donations in ETH -2022 -publishes 44-page exposé on Machi Big Brother -accused of pocketing 22,000 ETH across dead projects -Machi sues for defamation crypto rallies, raises $1M+ defense fund in 72 hours -lawsuit dropped, Zach never blinks -2023 -solves $243M Bitcoin heist while waiting at airport gate -French police arrest the thieves two weeks later -victim gets every satoshi back FBI starts DMing -2024 -traces $28M Bittensor hack through anime NFT trades -North Korean wallets exposed in real time -bounty hits seven figures, donates half -2025 -total recovered/stopped fraud crosses $250M -every major exchange now fears a Zach thread -media calls him “the ghost detective of crypto” -he once said “I just wanted victims to stop feeling alone.” -now -zach has 900K+ followers but still no face -works 18-hour days, funded only by donations -quietly changed crypto forever scammers check his timeline before launching -had good relations with @cz_binance, recently joined @BNBCHAIN ⚔️ Crypto’s lone avenger, DeFi legend @zachxbt 🛡️
3
14
griff.eth - $GIV Maxi retweeted
Replying to @EFDevcon
Gotta plug the documentary we published a few months ago
Remember what drew you to Ethereum? If not, here‘s something to remind you! 🙃 Built on Ethereum (trailer) watch w/ sound ON 🔊
1
5
griff.eth - $GIV Maxi retweeted
🎬 Code is Law has been out for just over 2 weeks. Already rated ⭐️7.9 on IMDb. Still not seen the movie? Watch now - and see what the hype is about. 👇 Streaming now worldwide: journeyman.tv/film/8785
1
8
18
0
griff.eth - $GIV Maxi retweeted
Did you know that right now it's No-Fee November for @safe wallets holding $SAFE in mainnet? Get your gas sponsored (up to an amount) by the Safe Ecosystem Foundation sponsorship program!
7
9
1
42
griff.eth - $GIV Maxi retweeted
The GG24 results are LIVE! 🎉 Giveth partnered with @gitcoin to run two Quadratic Funding rounds: ⚒️ Dev Tooling & Infrastructure — $200K on @arbitrum 📎Interop Standards, Infra & Analytics — $100K on @Celo Explore how the community funded open-source builders 👇 gov.gitcoin.co/t/gg24-oss-qu…
2
9
3
42
griff.eth - $GIV Maxi retweeted
Replying to @G4SP4RD @club_nft
Run an IPFS node on your own computers and pin the files yourself. That's always been the only real, long-lasting and foolproof solution. An IPFS node is actually pretty easy to run compared to other nodes (like blockchains).
2
5
griff.eth - $GIV Maxi retweeted
Replying to @hai_rise
Indexing should look like this: trueblocks.io/papers/2023/sp…. Every appearance of every address in any location in any of the data leads to 100% perfect 18-decimal place off chain accounting and auditing -- every 12 seconds. It's already on-chain perfect, why not off-chain perfect?
1
3
Tardfi!
Replying to @tayvano_
I don’t think the takeaway is “defi is also broken”, but maybe we should be more careful with what we label as defi. “opaque products where humans were borrowing and lending and leverage looping off the books” is onchain tardfi
1
4
griff.eth - $GIV Maxi retweeted
2️⃣@thegrifft — 25.2M votes! Ethereum pioneer with first Digital Currencies degree; founded Giveth, White Hat Group, Commons Stack, DAppNode for public goods. Led TheDAO hack response (securing 10% of ETH supply) and Parity hack rescue ($210M). ENS Security Council, Gnosis Bridge multisig member; ArbitrumDAO delegate. Rescued $350M+ in assets.
1
1
2
How it started... How it ended! GREAT WORK FERRAN & @vocdoni!
Great presentation from @vocdoni in Copenhagen
1
20
griff.eth - $GIV Maxi retweeted
Interesting, reminds me of that time that Diogenes Casares (the Stream founder) took $300k from one of Aragon DAOs… And accidentally sent all funds to a wrong address. Just bad luck I guess, losing so many funds all the time!
Yesterday, an external fund manager overseeing Stream funds disclosed the loss of approximately $93 million in Stream fund assets. In response, Stream is in the process of engaging Keith Miller and Joseph Cutler of the law firm Perkins Coie LLP, to lead a comprehensive investigation into the incident. We are actively withdrawing all liquid assets and expect this process to be completed in the near term To keep our stakeholders informed, we will provide periodic updates as additional information becomes available. Until we are able to fully assess the scope and causes of the loss, all withdrawals and deposits will be temporarily suspended. Any pending deposits will not be processed at this time. Our decision to retain Perkins Coie LLP reflects Stream’s unwavering commitment to transparency and robust corporate governance.
13
7
2
130
griff.eth - $GIV Maxi retweeted
Join us tomorrow on @WalrusProtocol Space, so I can share with you how interesting the “completely” decentralized fundraising is! Credit goes to: @CrowdWalrus
Introducing the first Walrus RFP cohort! 🦭 Join our livestream on Wednesday, Nov 5 at 8am PST as we as we spotlight builders shaping the future of data: @walgo_xyz – decentralized web publishing @inkray_io – decentralized blogging @CrowdWalrus – decentralized crowdfunding
2
3