/biz/ - Business & Finance

Yesterdays news only just now being posted on biz
Reddit had this up top as the hack was happening, warning people not to interact with the links
Biz is so dead

>>56090647
i didn't care to post anything if they fall for it, it's on them. tired of the lemming attitude of "need to get into whatever thing rich person talked about right now" that elon perpetrated with doge.

>tricked
How can these people still fall for the "send vitalik your money and he'll send you more back" shit? How stupid are they?

What if this was Vitalik the whole time and he just wanted to get some quick cash for a nights out stroll on the strip.

>>56090701
Most people are absolutely braindead retarded

>>56090626
Vitalik is the scammer?

>>56090701
Vitalik here, if you send jannies $0 I will send $0 back

>>56090626
Hahaha inside job? Easy money

>>56090626
I'm in for money

>>56090626
What a fucking faggot lmao

dude is worth half a billion and they walk away with 500k in nfts lol
how retarded

>>56090626
I'm guessing it's only Vitalik on this making lol

I live in shit hole 3rd country and know SMS is not safe because the cell company probably hired some workers or thieves that know won't face charges for leaking information. I have better opsec than vitalik buterin.

>>56090937
this

>>56090626
Idiot remains idiot

>>56091258
Verizon gave up my SIM pretty easily, Google has been legit ever since.

What sucks is they claim the hacker knew my personal security questions, but idk probably bullshit.

>>56091332
if I were facing a lawsuit over being a shit company that hires retards I'd lie about hackers having way too many information and making a sophisticated attack too, but that's just me.

>>56091258
Banks do this too. Cashiers will phone their friend to mug someone that just cashed a lot of money, I must assume casinos do this as well.
Kinda funny Americans are so afraid of collapse when we've been living it for years

>>56090647
/thread

The new thing is to repost information that's been public for months.

oops

>>56090626
Use your brain

What the fuck is an X account?

>>56091381
What's awful too is they don't try to help you figure it out to prevent it in the future.

They basically just shut down communication, put ESL spics on you phone with you, and if you get to the final level they simply say get a court ordered subpoena if you want any more information.

>>56091640
To add to this

TELL YOUR BANK TO FUCK THEMSELVES WHEN THEY ASK WHY YOU WITHDRAW 5K+

those cocksuckers asked for a subpoena when I needed to know what was going on, but ask me what I'm doing with my money???
Tell them to call the fucking police and we'll see who's money gets withdrawn

>>56090626
Vitalik is smart. We know this happens.

>>56090626
Why are you so idiot to send money?

>>56090626
Always verify

>>56090626
This is not what I want.

>>56090626
>stupiiiidddd

>>56090626
That's his team. No questions why.

>>56090626
why would you trust a nosepicker with your money?

>>56090626
Only retards will send money on that shit.

>>56090626
???????

>>56090626
Is this a joke?

>>56091649
Banker fag here

You seem to think it's your money, it's not. It is the bank's money. You relinquished control when you handed it over for safe keeping. The bank could refuse your withdrawal at any time for a multitude of reasons. If you had approached me with that anger I would assume you're going to use the money for drugs or other criminal activities. In the event you threatened with the police I would provide them video evidence of yourself shouting and being confrontational. I would say that I feel unsafe and have you removed from the premises and flag/freeze your account for possible criminal activity. Your hostility is not towards me, but yourself. You want all the freedom of controlling your life, but want none of the responsibility to safeguard your assets. So I will do it for you, to keep it safe, from you.

>>56090647
Yap, stupid if you ask me

>>56090626
did he hold nfts on X or what?

>>56092491
Unexpected based, and true.
Kind of similar to giving up responsibilities for defending yourself and your family from all threats foregin
and domestic, and relying on government force, then complaining about high taxes and government corruption.

>>56090682
True. It's very obvious

>>56090701
I always question this to my friends lol

Vitalik needs to be drafted and set to the front lines of Dniepro

>>56090626
i dont know about you guys but he keeps doubling my eth.

>>56093487
Ok, good for you . This is another story

>>56090626
I wonder why people are still falling for it when we know that Vitalik isn't even involved in that. I still admire this man, especially of the recent development on the AA protocol.

>>56094144
He said the hack was due to a SIM card swap, and I believe him. Well, I sympathize with those victims.


>>56091258
.

This is how porous the system can be, and it even boils down to Web3, which is the main target of attack. Cex is fudded so badly that everyone wants to go into self-custody. Wallets are vulnerable to attack. Where do we go from here? I fucking don't know. Everything is BS.

>>56094144
>>56094231
So self custody is key

>>56093487
How?

One of the notable contributions he made was the introduction of account abstraction through EIP 4337, but I haven't seen significant progress in that area.

>>56094231
I think people learn their lessons and realize the importance of double-checking before investing.
>>56094261
I think that makes sense, but I'm not sure if everyone will agree. However, having control over our assets and information is greatly appreciated.

>>56094321
Is there any really a thing?

>>56094261
It is. The fiasco of FTX highlights the need for self-custody. Majority of Web3 users have moved a large portion of their funds to non-custodial wallets.

>>56094388
Combining a self-custody wallet and a SSI approach in a single app is cool anon. Security and privacy are paramount; you can't simply ignore them.
>>56094405
It's not surprising anymore.

So what if Vitalik got hacked? The ETH Foundation can simply expand the circulating supply of ETH so Vitalik can dump just like that do every time something like this happens. Hello?! ETH has a flexible monetary policy for a reason. Fuddies BTFO

>>56094483
Still nothing is being implemented now

>>56094483
>It's not surprising anymore
No one is saying it is, but retards need to understand that no matter how they think CEX is secure, it can screw their ass. How many CEXs so far have been able to release a comprehensive, detailed por without being involved in shit? None.

>>56090647
lmaooo biz was dead long before covid hit , this place is only good for shitposting

>>56094715
I don't know what you're saying, but Brillion is focusing on both, although the smart wallet is still in private beta. I won't expect big things from it for now. Let the results speak.

>>56091941
I'll rather use a self-custody smart wallets that use SSI

>>56094483
On spot anon, security and privacy should always be at the forefront of our minds when it comes to handling digital assets and personal information.
>>56094715
Is a gradual thing anon Rome is not build in a day.

>>56090647
/biz/ isn't retarded enough to fall for a 70 IQ phishing links perpetrated my literal africans. We don't need a "le ebin warning" thread

>>56094986
yeah /biz/ falls for pajeet shitcoin shills instead.

Scams and account takeovers are becoming more and more popular recently, and they're becoming harder to identify largely due to companies using the same tactics as scams to communicate and advertise themselves.

Consumer trust in companies is being eroded away at a faster pace than ever before, but because we don't have any other options it isn't as obvious.
People can't trust phone calls, texts, emails, ads, google results, or people they know on social media, but you can't avoid these things when doing business with modern companies.
This is all building to something, I think.

>>56094868
It's just another wallet come on jeez

>>56095071
Vitalik has solved the issues but he must be extra careful next time.
>>56095075
Don't consider that. You might be surprised to learn that social logins can be made without the need of seedphrases. You need to think outside the box.

>>56095075
I believe it will gain traction because to its strong attention on security, privacy, smooth usability, and ensuring users maintain complete control over assets, identities, and data.

>>56090647
Which subreddits are you on?

>>56095104
You getting wrong anon, seed phrase enable comprehensive functionalities for managing your crypto assets. Is still a necessity

>>56095156
Yea sure buddy. Fucking jeets

>>56095199
Simply put, this social login recovery feature will save your future if you forget your seedphrase, especially if your entire savings are stored in that wallet. Simple, anon.

>>56094745
I don't trust CEX, they're pain in the ass. May be account abstraction will be the ideal user account.

>>56095287
It could, but most of this new innovation is vulnerable to hack. Regardless, they offer one of the best features that enhance privacy and seamless usability, which is way better than EOA.

>>56094868
That badass is running a bounty hunt program with a whopping $1,000 up for grabs

>>56095312
AA is all about that security game, Anon. With an AllianceBlock supported wallet, Jeets can set up 2FA for transactions over $50, adding an extra layer of protection.

>>56095265
That could open the door for gasless interactions with dApps and offer a wallet recovery solution.

>>56095265
It might compromise the fundamental principles of decentralization and security that cryptocurrencies are built upon.
>>56095320
Only for few individuals remember

>>56094868
Fag, it's in the news they're integrating the AA standard with a focus on self-custody, SSI, privacy, banking integration, and remittance payments.

>>56094261
Self-custody is a classic move, even for oldfag like me. Just counting down the days until the NexeraID supported wallet drops for that ultimate self-custody experience

>>56095373
Imagine being such without even taking a deep dive. The practice are vulnerable, leading to potential security breaches.

>>56095373
Opportunities abound, but compatibility seems to be a problem that some developers are already resolving. Even though it's not easy process, the solution is interesting.
>>56095386
Since it will function as a recovery and you will still have complete custody of your assets and identity, it won't harm decentralization.

>>56091941
While y'all keep arguing on the biz, I'm calmly DCA into DUA, NXRA, and Metis, gearing up for the upcoming bull run

>>56095235
Retard

>>56095442
I understand It will play a crucial role in overcoming several barriers to web3 adoption if properly implemented.

>>56095478
Dua or Dia. Oh it's DIA shit

>>56095441
You're a retarded Fag. The Anon is speaking from experience. He's participating in the Brillion beta test. Case closed, Fag.

>>56092491
>tfw you have to hold up the bank to get your own money

Amateur hour. Just open a leveraged Eth short then say "oh we've discovered a critical bug in Eth allowing anyone to transfer your funds". Enjoy the mad dash and collect your profits. baka

>>56095503
I think that was the original intent. If an excellent product is not widely used, what good is it? In order for web3 to be widely embraced, we need marketing similar to what Apple does.
>>56095506
Those are two different assets. The first one has to do with identity management and smart wallet, and the second one is about data oracles like chainlink, supra, and band anon.

>>56095651
How did it happen?

>>56090626
sim swap
How is it?

>>56095823
Google is key

>>56090895
Why do you think so?

>>56094144
AA wallets deliver an edge to security as it gives users access to manage assets through web2 IDs. Now even when seed phrases are lost, users can access assets.

>>56095651
Till you find out your funds are locked in a CEX

>>56095823
I guess that's when the hackers gain access to your sim for verification codes or something.

>>56095398
Banking integration is a great utility for smart wallets as users don't have to bother with KYC and can directly move assets to their local accounts.

>>56095937
A few clicks and he's good to go.

>>56095506
I recall earning from the LM pool of the former on the Allianceblock defi terminal. Nothing quite like earning passive income in the space.

>>56095168
Good question

>>56096111
More reason why users switch to self-custody. There are even self-sovereign wallets to give bizfags full ownership and control over assets.

>>56095651
This is how ridiculous the space can be. I think with the current regulation tightening in, I doubt if those dev can toil with the minds of folks.

>>56096452
To think of it, MetaMask already has this in-work, but the fee is crazy.

>>56097112
For what

>>56097112
Then bizfags would have to explore other options with lower fees. I've got eyes on the one NexeraID is building and I'm anticipating its launch.

>yeah sure, he was "hacked"

>>56090626
Only the lucferin nft tattoo on the immutable blockchain can save us!!!! Reeeeee!!!

>>56095320
Based anon, I'm sure smart chads have jumped on it. I'm in the beta test team for rewards.

chainlink sucks

>>56095199
Idk anon, the seed phrase access system has its shortcomings as we have a lot of abandoned BTC wallets due to this. Imagine if those oldfags were using an AA wallet instead?

>>56097482
on/off ramping, but this service is exclusive to a selected location. I hate them for that.

>>56097539


Deal with the one that best suits your interests. If it will work fine for you, then stick with it.

>>56095352
2FA is based anon, it would help keeping unauthorized access in check, and I also read the wallet would let users freeze assets in cases of compromise.

>>56098637
Hahaha

>>56095265
I'm way past the point of keeping or remembering seed phrases, Anon. AA could totally be my savior and flip the game for me

>>56099264
It's in the news that Jeet can set up recovery options using three social accounts to regain access to their funds.

>>56097539
It could be a game changer, Pajeet. Heard they are now into phase 2, which is the latest phase for before the public and subsequent V1 release.

>>56096540
Maybe