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55726302 No.55726302 [Reply] [Original]

Another attack drained millions from a Curve liquidity pool, according to PeckShield, the blockchain security company. Why you still wasting money on DeFi projects? No wonder others losing hope.

>> No.55726479

Shiiiittt

>> No.55727201

>>55726302
hack again

>> No.55727530

Lucky

>> No.55727937

Hacks are getting rampant

>> No.55728002

What kind of hat is that? Where to cop?

>> No.55728465

I wish to be a hacker so I can get rich quickly. What's their secret nigger?

>> No.55728509

>>55726479
Why?

>> No.55728518

>>55726302
I've been in Bitcoin since 2014 and I have never heard of this garbage.
Whose money was it? What kind of dipshit puts real money into these shitcoin scams?

>> No.55728902

>>55727201
Too bad

>> No.55729121

>>55726302
Forget crypto is over, SBF allies now everywhere

>> No.55729212

SBF? Is he still relevant in space?

>> No.55729229

>>55726302
why waste money on crypto?

>> No.55729232

Where does all this money go? I always hear about the hacks but never the destination of the money.

>> No.55729233

>>55729121
shit

>> No.55729251

I will be dumb to believe there is hack. it's all freak'n scam

>> No.55729271
File: 28 KB, 640x426, PayThe Toll.jpg [View same] [iqdb] [saucenao] [google]
55729271

>>55726302
*cheerful whistling*

>> No.55729332

Scam again hahaha people need to learn.

>> No.55729340

I can't believe it but DeFi is no longer giving me value. Better invest on memecoins

>> No.55729461

Defi is still baby so expect more hacks and loses coming doggy shits

>> No.55729490
File: 64 KB, 1841x835, 1690924905327903.png [View same] [iqdb] [saucenao] [google]
55729490

and then next day some guy got so close to 20 million but didn't convert it in time and tether blacklisted it. kek

crazy 48 hours

>> No.55729832

>>55729332
Hack and scam are different lol

>> No.55729865

>>55729461
Implementing 2FA for all transactions could make hacks a thing of the past or at least reduce them dramatically.
>>55729832
Fuck anon. If you lost money you'll know they are the same.

>> No.55730163
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55730163

>>55729865
Based Anon. Slapping on that 2FA for transactions north of 50 bucks is like dropping a moat of fire-breathing dragons around my account. Pajeet ain't gonna have an easy time touchin' my stuff.

>> No.55730249

>>55730163
2FA still have it's set back anon. The codes generated by your authenticator app may stop working. I've such experience with metamask.

>> No.55730258

so many jeet posts itt. i count only 2 or 3 human (white) anons. i give it about 10 more replies before you smelly fuckers shill some shitcoin nobody has ever heard of

>> No.55730321

>>55730249
Metamask got this feature in the bag? I'm skeptical, Anon. Personally, I roll with Bitwarden for password gen, because they don't have 2FA, Pajeet.

>> No.55730438

>>55730321
You'll soon get your account hacked anon. Remember Bitwarden does not offer more competitive features like live dark web monitoring, extra storage, and biometric 2FA.

>> No.55730522

>>55730249
wtf really?

>> No.55730610

>>55729865
DeFi platforms ain't safe. They got vulnerabilities like smart contract exploits, flash loan attacks, and social engineering. Hacks can still happen 'cause of weak smart contracts and platform code. Stay vigilant anon. It's not just about 2FA.

>> No.55730668

>>55730610
So you meant every platform is not safe that's related to defi?

>> No.55730697

>>55730258
And wallah
>>55730321

>> No.55730713

>>55730697
What is that shit

>> No.55730799
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55730799

>>55730668
Nah, not all DeFi projects are unsafe, but ya gotta be careful. DeFi's still pretty young and changing fast, so some projects might have security holes. Do your research, check for audits, and watch out for potential risks before jumping in. Some platforms really focus on security and privacy, so keep an eye out.

>> No.55730881

>>55730799
Even if they focus security and privacy, still nothing is changed and improved

>> No.55730888

>>55730799
curve was supposed to be very safe.
wouldnt suprise me if banks and 3rd parties have financed some hacks and paid devs to create bullshit defi projects with known vulnerabilities to exploit with the goal of killing all trust in defi. then they can come in with their "regulated and safe defi".

>> No.55730951

>>55730888
Inside job?

>> No.55731072

So king dipshit gets liq at .35 how long till that happens?

>> No.55731106

>>55730881
I won't generalize, anon, but I'm giving props to those projects that bring sincerity to what they're delivering. I know LeverFi, Brillion, Nabox, Uphold, Guardia have emphasized security, but I can't draw conclusions right now. We're still early.

>> No.55731154

>>55730438
That's what the Anon is trying to tell you, and you didn't listen, Jeet. My preferred option is a smart wallet that makes use of NexeraID.

>> No.55731202
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55731202

>>55730610
What about the feature that will allow me to freeze a compromised account? Should I disregard it? Do your homework and avoid bragging on the biz, Fag.

>> No.55731208

>>55731072
>>55731106
>>55731154
Why do you just work in 9 to 5 and stop stressing this crypto dramas

>> No.55731226
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55731226

>>55730799
Security and privacy are paramount, but many projects seem to forget about how intuitive it should be for average Joe to navigate with ease. DeFi complexity is a major stumbling block, and the so-called emphasis on security and privacy often turns out to be shit.

>> No.55731256

>>55731106
One of this badass is still on the testnet, which I joined myself. You have no idea what they're offering. Anon, stop sound like retarded kek.

>> No.55731277

>>55731202
Kekek, Something many pleb fail to understand is that there is a lot of risk associated with using DeFi. Aside from the security layer offered by the project, interacting with some environments can lead to hacking. This is the major problem facing DeFi. Incoperating 2FA could be a solution, but I feel it depends on a centralized hierarchy, which defeats the entire purpose of DeFi.

>> No.55731278
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55731278

>>55730522
Dyor anon
>>55730610
Is up to you to choose the best platform. NexeraID is the vital technical backbone for wallet security

>> No.55731308

>>55730668
The pajeet is confuse. DeFi is save because Blockchain technology keeps data immutable and visible. No one can manipulate or change

>> No.55731357

>>55731208
Im working right now and have $0 in this shitcoin. I just like watching redditors lose everything.

>> No.55731499

>>55731256
Do you really understand what I'm saying, anon, to make you say I'm a retard? Come on, read again, and I even give my positive outlook about this.
>>55731278
You need to check everything I say before jumping to a conclusion. Trace my ID, jeets.

>> No.55731648

>>55731277

Poorfag, a self-custodial solution could ensure that users have complete ownership and control over their funds.

>> No.55731655

>>55731357
Haha keep going

>> No.55731739

>>55731278
Alliance Block supported wallet have a compliance solution that will allow them to avoid the SEC's onslaught. kek

>> No.55731794
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55731794

>>55731499

He's probably teasing you. Nothing beats having full control of my ID, assets, and privacy.

>> No.55731813
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55731813

>>55731648
Self-custody and self-sovereign identity are a perfect combo. That goes beyond just a self-custody wallet, as you know how important it is for our digital information to be safe and secure.

>> No.55731823

>>55731794
Lol. It makes sense

>> No.55731834

>>55731154
Based chad, I also read that the wallets would grant users a sovereign ID to manage assets and enable recovery options.

>> No.55731840

>>55731499
I'm not here for you anon. My impression is that I've found a wallet for my transaction better than your useless regular banking app and it enable me to get lower fees and cashback everytime a transaction happens.

>> No.55731890
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55731890

>>55731813
I've been using it for almost a year, it's safe and got good features. If privacy is your hub welcome onboard.

>> No.55732031

>>55731890
Wtf are you using 1 year?

>> No.55732073
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55732073

>>55731648
That does not deflect the instance I gave. You are too dumb to read. Gosh. The biz needs to flush out some of this dumb comment.

>> No.55732074

>>55731840
The lower fees and good cashback are a great combo. It's a lot better than the shitty PayPal, where excessive charges are being imposed. I don't like that.

>> No.55732251
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55732251

>>55731794
You're right chad, asset control and security are top needs in the space. More reason I'm anticipating the wallet NexeraID is building and its military grade security.

>> No.55732325
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55732325

>>55732031
Check again anon
>>55732074
Don't even talk about paypal. Beside card rejection, is unable to complete payment.

>> No.55732381

>>55731739
You're right anon, I recall being a part of the beta test team for the wallet. Seeing as users would qualify for rewards.

>> No.55732391

>>55732074
Despite that, a lot of people still prefer PayPal. Notwithstanding, its intuitivity, multifunctional utility, and self-custody wallet could make it an option because of the array of niches it onboards with just one click.

>> No.55732428

>>55732251
>You're right chad, asset control and security are top needs in the space
This cannot be overemphasized, and I feel we are still at the stage of development. The more setbacks we discover, the more solutions we will have.

>> No.55732576
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55732576

>>55732428
You're right anon, and the problem of losing all your funds just cause you forgot your key phrase would be a thing of the past with the new innovations I see emerging with sovereign ID access systems.

>> No.55733550
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55733550

>>55731256
Testnet rewards would make a lot of chads a fortune anon. Venom, Brillion, Linea and Zk sync are a few on my list.

>> No.55733577

>>55732325
You can't deny that PayPal has millions of users, despite the expensive fees, as they base the reliability and security of their digital assets. But yeah, leveraging blockchain tech is one step closer to mass adoption. People will be able to see it.

>> No.55733997
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55733997

First curve hack since its inception. It *is* demoralizing but at least it's not gamefi-tier where pajeet-built vaults open up at the slightest probe from some amateur chinese/russian hacker.

At the very least my Kava pools were not hacked so t-that's something...

>> No.55734019

>>55733577
PayPal is fucking horrible, mate. They're heavily centralized to the point of essentially blocking your transaction for the most arbitrary reasons possible. Fuck that shit

>> No.55734030

>>55733997
>still trusting curve after his whole fiasco
lol. Lmao, even

>> No.55734047
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55734047

>>55726302
is defi even worth it after all that's happened this year? it's only been a barrage of bad news after the other with no real sign of it stopping anytime soon. holy shit I want off this ride immediately

>> No.55734067

>>55733997
At this point you're better off just spot trading and holding in the good ol fashioned way of buying low and selling high. Fucking with different kinds of platforms inherently exposes you toall kinds of retarded risks

>> No.55734071

>>55726302
fuck curve

>> No.55734081

>>55734047
it is if you know what you're doing. otherwise you'll get filtered by the current bear market

>> No.55734751
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55734751

>>55734030
Anyone that retarded deserves exactly what's coming to them. I for one have moved all my funds to self custodial wallets where I'd have full custody for security.

>> No.55734991

curve did nothing wrong
the problem is having retards with hubris and 0 skin in the game making changes to the core of the protocol (SC languages)
will the eth foundation cover this fucking blunder? will the vyper devs put their money where their mouth is?

>>55734047
it is, and these growing pains are necessary, specially to get rid (physically) of retards who joined in expecting some fucking party instead of a war
>>55734751
liqudiity positions are self-custodial, you absolute turbo mongoloid

>> No.55735010

>>55734030
>trusting
nigger there is no trust, read the code (the vyper devs didn't read it)

>> No.55735090

>>55734019
I know, but I think they've also been developing lately, and I haven't been following regularly. I think we can track nearly all packages with the paypal app. Centralization is still an issue for almost everyone. People have learned a lesson on real decentralization and keeping their assets in their own hands. We can't blame them.

>> No.55735109

So is it over? Up only from here right?

>> No.55735317

>>55734991
And how's that a wallet you retarded lowlife?

>> No.55735323

>>55735109
What do you think?

>> No.55735332

>>55734071
Kek, especially when I can secure my assets on based wallets like Wasabi, Secret and Trezor. I'm also waiting on the one NexeraID is building for its recovery features.

>> No.55735599
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55735599

>>55735323
On which asset?

>> No.55735629

>>55735599
Are you on drugs?

>> No.55735795

>>55729340
Investing in memecoins is a retarded decision. I'd rather go in on the blue chips ETH and BTC, while locking them in a self custodial and self sovereign wallet to prevent hacks.

>> No.55735857

>>55732576
This could help, but don't you think hierarchy—the identifier and verifier—can breach users privacy? Well, the concept and approach to this might vary, according to the issuers.

>> No.55735902

>>55734991
>liqudiity positions are self-custodial, you absolute turbo mongoloid


This remains the ideal way to store assets. I'd never suggest users store their assets in a custodial wallet, especially in exchange. What happens to FTX should be an eye-opener.

>> No.55735939

>>55726302
Defi is the only thing crypto does that is actually useful

>> No.55735977

These jeets bots are out of control, mods do something. Every thread is the same gibberish shilling garbage.

>> No.55736430

>>55735795
No one would want to bet on memes in this season where things are blurry on the utility token with strong fundamentals. The bald token was a perfect example.

>> No.55736452

>>55734019
Regardless, it is still the best and will remain one of the best.

>> No.55736581

>>55730258
These shitskins / bots shit up every single thread having the most inorganic conversations with each other possible and the tranny faggot nigger jannies do nothing about it.

>> No.55737425

>>55727201
Imagine how terrible it will be when quantum computers come into the picture

>> No.55737498

>>55726302
We are fucked

>> No.55737587

>>55730668
I don't trust that shit

>> No.55737680

>>55737425
The good thing is that quantum-resistant blockchain like QAN is available to save the crypto space, I hope Vitalik can take this seriously too

>> No.55738709

>>55737587
Lol

>> No.55738952

>>55730799
that's why gotta admit, Railgun is on a whole different level, anon! privacy, security and it's totally audited.

>> No.55739249

>>55738952
Why different?

>> No.55739325
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55739325

>>55738952
If they leverage on metaNFT, ZK proofs or have plans to count me in. Less you don't know, Brillion decentralized identity made it topnotch all made feasible through the powerful capabilities of NexeraID.

>> No.55739348

>>55738952
NexeraID-powered wallets are well-known for their asset recovery and compliance solutions.

>> No.55739363

>>55739325
It's on TV, Anon. Would allow Normies to securely link their bank accounts, make worldwide transactions at a 1% charge, 6x lower.

>> No.55739412

>>55732576
Based Anon. I can set up recovery options using 3 social accounts to regain access to my funds, Fag.

>> No.55739806

>>55736430
No one? But I still see them

>> No.55739844

>>55731154
>smart wallet that makes use of NexeraID
why?

>> No.55739845

>>55730888
>>55730951
Their vyper a superset of solidity not the latest versions. It's the devs mistake

>> No.55740163

>>55739845
They need to learn a lesson

>> No.55740295

>>55739845
>Their vyper a superset of solidity not the latest versions
what's vyper anon?

>> No.55741595

>>55737680
How good is Qan?

>> No.55743684
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55743684

>>55739348
Based chad, having a user-friendly interface and 0 gas fees on dApps are just a few of the highlights that would bring adoption. I won't be surprised if they set the pace for future wallets to consider recovery options for user assets.