Basically the attacker created a bunch of “fake wrapper” that mint-wrapped real tokens like WETH/USDC/USDT. Jared was boiled like a frog. Juicy arbitrages on real pools with the fake wrappers. Jared started small to test the waters, made money, things looked safe, then scaled up

If you’ve ever said “quantum is decades away,” today’s news should make you pause. Google just published a paper suggesting a quantum computer could crack a Bitcoin private key in ~9 minutes, potentially moving the quantum timeline up to 2029. The thing is: that machine doesn’t exist yet. But the distance between “theoretical” and “practical” just shrank fast, and a lot of wallet hygiene that feels fine today is dangerously wrong for where this is going. The threat isn’t quantum mining. It’s quantum signatures. Bitcoin’s Proof-of-Work is fine. SHA-256 is fine. The soft spot is ECDSA, the signature scheme that proves you own your coins. Shor’s algorithm doesn’t brute-force keys. It solves the underlying math. Three realistic attack paths: 1) On-spend Watch a transaction in the public mempool, derive the private key, then front-run it with a forged transaction and a higher fee before confirmation. Some estimates put success around ~41% under current assumptions. 2) At-rest Target dormant wallets where the public key is already exposed. No time pressure. Works with weaker quantum hardware. 3) On-setup Crack setup parameters once, then turn it into a permanent classical exploit. Think Tornado Cash–style setups, and even Ethereum’s KZG data availability layer. Who’s exposed right now: - ~6.9M BTC may already be vulnerable across script types - Any address you’ve spent from has its public key permanently on-chain - Taproot (bc1p) exposes your public key the moment you receive funds And the part that changes the timeline: - Older estimates: ~9M physical qubits to break Bitcoin - Google’s newer circuits: under ~500K (about a 20x reduction) So yes, the computer isn’t here yet. But this is looking less like a physics problem and more like an engineering schedule. What to do now: - Stop reusing addresses - Avoid bc1p for cold storage if you’re optimizing for long-term quantum risk - Audit which wallets have already exposed public keys --- Eli5 Interactive research here: https://claude.ai/public/artifacts/ff56f…

new eips explorer http://eips.sh

China is going to war

one simple trick to make claude write better tests (especially solidity): have it read the @MolochDAO testing guide I wrote 7 years ago thank me later 👹 https://github.com/MolochVentures/moloch…

The US government, citing national security authorities, has issued an export control directive to suspend all access to Fable 5 and Mythos 5 by any foreign national, whether inside or outside the United States, including foreign national Anthropic employees. The net effect of this order is that we must abruptly disable Fable 5 and Mythos 5 for all our customers to ensure compliance. Access to all other Claude models is not affected. We apologize for this disruption to our customers. We believe this is a misunderstanding and are working to restore access as soon as possible. Read our full statement: https://www.anthropic.com/news/fable-myt…

In the next months I'll provide you with a Hacker News replacement that I'll run myself and I'll guarantee personally: no benefit for whatsoever individual, a team of 10/20 persons since the start, from different time zones, clear rules, total transparency, and a "karma" system. I really want to fix HN and provide something that is not bound to a specific company.

Quantum-Safe Bitcoin Transactions Without Softforks https://github.com/avihu28/Quantum-Safe-…

Free speech is open borders for ideology.

NIKITA SCROLLING CT

Heute im Kabinett beschlossen: Mehr Steuertransparenz, auch bei Krypto.

🚨 EU TO DELIST TETHER'S $175 BILLION USDT FROM LICENSED EXCHANGES Major exchanges including Binance, Coinbase, Kraken, and Crypto .com have removed USDT for EU users after Tether chose not to seek approval under Europe's MiCA regulations. Meanwhile, Circle's USDC has secured full compliance, making it the only major stablecoin available on any licensed EU exchanges ahead of the July 1 deadline.

The way to save Ethereum: The community needs to create an organization that's economically aligned with Ethereum and accountable to it. The EF now holds less than 0.1% of all ETH. There is no flow of Ethereum staking or fee revenues to it. If we want to get Ethereum back to winning: - create an organisation with credible funding, minimum $1b as a start. That's very reasonable for an ecosystem with $250b market cap - find a leader who is competent and wants to fight - make it accountable: a board of people who want ETH to go up, and a charter that holds the org accountable to it - fund it permanently: A significant amount of staking revenue needs to go to it. A governance mechanism that can adjust it (also part of accountability). Very hard to imagine now, but I think this is the only way (and it will probably happen, but it might take a long time before it is consensus).

Following the KelpDAO hack, we built an open analysis of DVN security configurations across every active OApp on LayerZero over the last 90 days. Of ~2,665 unique OApp contracts: 47% run a 1-of-1 DVN security floor, 45% run 2-of-2, and ~5% run 3-of-3 or higher. As we know, KelpDAO's rsETH sat in the first bucket. Open query, public methodology, feedback welcome: https://dune.com/dune/layerzero-dvn-setu…