Two separate hacks hit DeFi protocol Harbor

[Anonymous No.55913885]

Recent attacks targeted the DeFi ecosystem. The Exactly protocol was exploited, and the Harbor team is still assessing the amount stolen. If you're using DeFi services, think twice.
>Protect your funds unless you're comfortable with the risk. Stay safe out there.

[Anonymous No.55914414]

>>55913885
And everything is scam

[Anonymous No.55914465]

>>55913885
More hacks coming

[Anonymous No.55914704]

>>55913885
Hacks again tsk

[Anonymous No.55914759]

>>55913885
I am not surprised of this silly games

[Anonymous No.55914797]

>>55913885
Buy avax than this dot since nobody dares to use it not even my buddiess

[Anonymous No.55914835]

[Anonymous No.55914875]

>>55914835
You cant fool me SBF

[Anonymous No.55915680]

>>55913885
What do we have here?

[Anonymous No.55915707]

>>55913885
Why defi hacks occuring?

[Anonymous No.55915737]

>>55913885
This is not we want

[Anonymous No.55915749]

>>55913885
I just want to live where crypto is not my problem

[Anonymous No.55915759]

>>55913885
Haha that sucks

[Anonymous No.55915769]

>>55913885
Fake news

[Anonymous No.55915779]

>>55913885
Who's to blame jeet?

[Anonymous No.55916124]

So many fucking issues (hacks included) would be so easily fixed if fucking developers started using Marlin Protocol's tech it's fucking mental. These people would rather remain vulnerable with half assed shitty defenses over charging a tiny bit more to pay Marlin's service fees. It's fucking depressing.

[Anonymous No.55916130]

>>55915707
India has over a billion people living there and Russia pretty much the same. Next question.

[Anonymous No.55916136]

>Curve hacked
>Harbor hacked
>Both less than a month apart
God fucking damnit I want to get the zoomers that did this shit and fucking rape their eye holes until their brains are turned into minced meat mixed with my semen.

[Anonymous No.55916138]

>>55916124
Not paying half a cent more chud, don't care if it helps secuirty or whatever. Guttentag.

[Anonymous No.55916141]

>>55916124
no chud, banks are not adopting iccp. no chud, defi is not adopting pond. seethe and deal with your loss.

[Anonymous No.55916142]

>>55915779
>>55915769
>>55915759
>>55915749
>>55915737
>>55915707
>>55915680
>>55914875
>>55914835
>>55914797
>>55914759
>>55914704
>>55914465
>>55914414
What's with all the bots lol

[Anonymous No.55916427]

>>55914414
Are you sure?

[Anonymous No.55916719]

>>55916124
Drop it

[Anonymous No.55917069]

>>55916136
Damn. You're not helpful either.

[Anonymous No.55917337]

>>55914414
You're likely dealing with a scam so far. There are reputable DeFi projects out there with solid utility and value.

>>55914704
This shit occurs when the security framework is complete shit. Most issues and hacks could have been thwarted if traders had taken self-custody of their funds, used cold-storage devices, and scrutinized promises that seemed too good to be true.

[Anonymous No.55917721]

>>55916136
Only if you can get the zoomers. Those nigars are not dumb as you. Best is to think of plan B like those that adopt account abstraction concept.

[Anonymous No.55917740]

>>55915707
I think hacker exploit flaws in the code of the smart contract used by the DeFi protocol and yet no clear solutions in sight.

[Anonymous No.55917857]

>>55917721
Will account abstraction really solve all these issues, anon? It's got some cool features, but I ain't too sure, it's still kinda fresh in development anon.

[Anonymous No.55917906]

>>55917857
I'm surprised you all are so dumb to think of it, it won't magically fix everything right away, it's moving in the web3 direction if you grasp its mechanics.

[Anonymous No.55917968]

>>55917906
Just another vaporware

[Anonymous No.55917973]

>>55915707
The most frequent are bridge exploits and we have seen that it was due to vulnerabilities in the code and that hackers could readily get hands on these information. Using different means like a private network to encrypt this data could boost security.

[Anonymous No.55918009]

>>55917973
You got that wrong anon, using a private network introduce centralization risks? How can we ensure the security of that network and prevent it from becoming a single point of failure. Common

[Anonymous No.55918047]

>>55917906
That's why I said it's a fresh development and I can't guarantee it. Decentralization has been pursued, but the user interface that will also bring mass adoption has never been prioritized.

[Anonymous No.55918140]

>>55918009
A private network would encrypt the very code and data these hackers exploit. How is that centralization? I would like to hear your ideas and solution anon?

[Anonymous No.55918144]

>>55918047
User interface? Then web2 app is for you

[Anonymous No.55918216]

>>55918144
It's not just the solution, anon, because we're heading to the web3 revolution, and you know there's always a solution going forward. Think outside the box kek.

[Anonymous No.55918222]

>>55917721
Account abstraction would bridge web2 to web3 and bring more flexibility, security and ease of use for adopters. Anons would adopt with time.

[Anonymous No.55918280]

>>55917968
Time would tell anon.

[Anonymous No.55918330]

>>55918216
>>55918222
>>55918280
How does that even solve?

[Anonymous No.55918423]

>>55918330
Well, with this the old EOA structure where all transactions would need a signature and users not being able to access funds when seed phrase is lost would be changed. With signature abstraction users would enjoy web3 security with a web2 style of access and recovery options.

[Anonymous No.55918429]

>>55917968
We really don't know, but vaporware projects will just reduce trust among users, so it's not a good idea.
>>55918330
Devs will have a say on that. If they want to push the one that will make users satisfied with the service, with a friendly UI while maintaining security and privacy, they will win in the end of the day.

[Anonymous No.55918549]

>>55916142
im not a bot lol faggot

[Anonymous No.55918567]

>>55918047
It's still in its early stages and uncertainties are expected and creating a user-friendly interface for mass adoption hasn't always been at the forefront

[Anonymous No.55918582]

>>55917857
I see no real value in this solution; it is just a technical, complex concept initiated by Ethereum CEO Vitalik. There is no way this is definitely going to flip the traditional wallet. I still prefer the use of a seed phrase, not some sort of concept that depends on a centralized hierarchy.

[Anonymous No.55918589]

>>55913885
>If you're using DeFi services, think twice.
Altcoinistdao has shared liquid staking derivatives to kick-start a run for DeFi anonfag

[Anonymous No.55918605]

>>55918140
Seems you left your brain under your pillow before coming here. My concern is that relying solely on a private network could potentially create a single point of failure if not implemented carefully. I'm all for robust security measures

[Anonymous No.55918607]

>Exactly protocol
I'm on the based network there is. Thanks anyway.

[Anonymous No.55918626]

>>55918222
As more anons catch on and see the benefits, adoption is likely to grow organically

[Anonymous No.55918657]

>>55918582
I think the concept goes beyond Vitalik and Ethereum. It aims to tackle certain limitations of traditional wallets and offer enhanced features. While it might not replace the seed phrase entirely, it could be an additional layer of security and convenience for users

[Anonymous No.55918708]

>>55918582
Social login recovery in account abstraction isn't centralized since it doesn't rely on one central authority. It uses decentralized identity verification through social media for account access. Use your brain.

[Anonymous No.55918718]

>>55918423
There is no doubt about the notable distinctive advantage this has over EOA, but just so you know, this can lead to compatibility issues with smart contracts. It is highly likely that abstracted wallets will not be compatible with existing smart contracts. This can potentially present a number of difficulties, such as making it more expensive to interact with blockchain network. This is one thing many dev fails to understand.

[Anonymous No.55918830]

>>55918708
Social media is web2 and is centralised fuck

[Anonymous No.55918852]

>>55918718
True anon, devs should be cautious.
>>55918708
Clever move, utilizing decentralized identity verification.

[Anonymous No.55918885]

>>55918852
It is a decent innovation since users now have a chance of regaining access to assets even after loosing their seedphrase.

[Anonymous No.55918956]

>>55918830
You're still not getting the point grade 1 pupil. Although social media accounts are centralized, in the context of a decentralized blockchain system, the term decentralized pertains to how the recovery process is handled, not the nature of the platforms. Take vitamins to learn kek

[Anonymous No.55919068]

>>55918657
Something you failed to understand is that any new tech introduces potential security risks. If many blockchain innovators implement their concept, it will hinder interoperability and, in a way, potentially impact the scalability of the blockchain network by introducing additional computational overhead. Have you thought of this? I don't think so, retard.

[Anonymous No.55919139]

>>55918956
>>55919068
You should explain like a kid

[Anonymous No.55919200]

>>55918718
And you expect users to use it ?

[Anonymous No.55919342]

>>55918708
Social media platforms are typically centralized services controlled, and using them for verification does introduce a level of centralization into the process.

[Anonymous No.55919372]

>>55919139
It's being explained but you're not just getting the whole point. You should DYOR
as this helps in improving security and reducing the risk of centralization in the account recovery process.

[Anonymous No.55919383]

>>55919200
Use what over what? It depends on what you feel is ideal for most users. As much as I dislike the concept, it also has a lot of features that go way beyond the use of a traditional wallet. Most new users will like this because of how intuitive it will be.

[Anonymous No.55919541]

>>55919383
We just want a simple and secure. That's it

[Anonymous No.55919589]

>>55919541
Developers have faced challenges in implementing it effectively, which could explain the relatively low mass adoption of decentralized platforms. It's not necessarily a complete failure, but rather a slower-than-expected traction.

[Anonymous No.55919675]

>>55919589
When moon? I'm in for money

[Anonymous No.55919686]

>>55918708
This could be helpful as most Pajeets lost their 12-seed phrase and eventually lost their funds.

[Anonymous No.55919695]

>>55919675
You'll know it soon lol

[Anonymous No.55919717]

>>55918423
This is something NexeraID also brought into the space. I'm not shocked to see it used to create smart wallet and ID solutions.

[Anonymous No.55919728]

>>55913885
Lmao, the "future of finance"....
Say, isn't Chainlink reliant on DEFI to make any sense?

OHHHH LINKIES

[Anonymous No.55919737]

>>55917857
Account abstraction offers a f***ng alternative to the current model of user accounts, Anon. Don't judge yet.

[Anonymous No.55919791]

>>55919717
I have huge expectations for the smart wallet anon, I'm also part of the beta test team to qualify for rewards.

[Anonymous No.55919999]

>>55919728
The maxis surprise you right?

[Anonymous No.55920215]

>>55919372
Bot spotted. You should have read the previous comment before shitposting. This is the bot that needs to be kicked out of this biz. T.g is meant for you, bastard.

[Anonymous No.55920252]

>>55918626
Railgun be one o' those projects mixin' up some account abstraction to amp up its privacy game

[Anonymous No.55920260]

>>55919541
I understand that's a common desire. Defi can be excessively intricate, but having this could potentially provide a solution to one of the biggest limitations it faces.

[Anonymous No.55920299]

>>55917857
It allows Normies to set up 2FA via various methods, such as Google Authenticator or hardware wallets, Faggot. Are you living under the hills?

[Anonymous No.55920317]

>>55919791
I heard Anons will be rewarded at the end of the testnet. I'll not sleep on that, Fag.

[Anonymous No.55920386]

>>55920215
Only Jannies could kick one out of the biz. The poorfag didn't know that this standard marks a significant milestone in the adoption of blockchain tech

[Anonymous No.55920391]

>>55920252
Source ranjeesh?

[Anonymous No.55920431]

>>55918626
No doubt about that chad, It would also allow users other features like freezing assets at will and recovery.

[Anonymous No.55920461]

>>55920252
I'm looking at the smart wallet that will allow me to make worldwide transactions at a 1% charge, and earn DUA tokens from daily activities

[Anonymous No.55920523]

>>55919589
Who gives a damn? As long as I can securely store my funds and freeze a compromised account , I'm in for a wild ride.

[Anonymous No.55920771]

>>55919999
You know they do

>>55920461
Decent incentives anon, I also read that users would get cashback as high as 5%

[Anonymous No.55920910]

This is the most bottled thread I've ever seen. Probably around 90% botposting. A bot pretending to have a few different conversations in an attempt to seem organic.

[Anonymous No.55921455]

>>55920910
Takes one to know one. Head on back to your hole you retarded lowlife.

[Anonymous No.55921464]

>>55920523

[Anonymous No.55921500]

>>55921464
Lol

[Anonymous No.55921663]

>>55919541
Being able to log into your wallet with your social web2 accounts would actually make it more user friendly and easy to use.

[Anonymous No.55921809]

>>55919695
Should we tell him

[Anonymous No.55921943]

>>55920317
Best to get to work then.

[Anonymous No.55921961]

>>55919999
Who knows

[Anonymous No.55922199]

>>55920299
The retard is too dumb to realize, don't bother. Account abstraction is a decent step forward for security and I see wallets that implement this gaining more adoption in the long term.

[Anonymous No.55923574]

>>55922199
Still early

[Anonymous No.55924915]

>>55913885
Lol

[Anonymous No.55926347]

>>55913885
Nice one

[Anonymous No.55926389]

>>55920386
Kek
Take it easy and unwind, retard. Defi is still far from achieving standardization. We're currently in the midst of the process, and it's need time. There are quite a few limitations that need to be addressed.

[Anonymous No.55927004]

>>55926389
Yeah, not an easy path

[Anonymous No.55927070]

>>55913885
What's happening jeets?

[Anonymous No.55927276]

>>55914465
Use Railway wallet and other privacy powered solutions for better security.

[Anonymous No.55927947]

>>55927276
No idea

[Anonymous No.55928053]

>>55913885
It doesn't matter to me, Anon. I'm waiting for the launch of an AllianceBlock-supported wallet that will allow me to freeze compromised accounts, Fag.

[Anonymous No.55928069]

>>55922199
While Pajeets are busy arguing on the biz, I took the opportunity to participate in the Brillion beta test and will earn DUA tokens.

[Anonymous No.55928091]

>>55927276
I'm using that and Exodus. As an oldfag, I see myself using a NexeraID supported wallet. Don't sh*t on me, Fag.