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Minorkos
Feb 20, 2010

Khorne posted:

Mining cards are fine generally. Especially now that most underclock.

from what i hear, this is technically most optimal but most cryptobros are dumbasses and will run their cards at full throttle 24/7 because they don't care

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Gutcruncher
Apr 16, 2005

Go home and be a family man!

Three Olives posted:

But they aren't selling you the album art, they are selling you a link to an image on Spotify's CDN, an image that Spotify almost certainly has a license to host and make publicly accessible.

I can go to the Disney website and see a publicly accessible image of Mickey Mouse, doesn’t mean it’s legal for me to link to that public Mickey and “sell” it on my own website. I’m using a trademarked likeness that belongs to someone else to hock my poo poo.

Darth TNT
Sep 20, 2013

CaptainSarcastic posted:

I'm surprised I couldn't just search this up and had to use a generator instead:



Please don't make an NFT of this, it is my only child.

I made an nft out of your post instead, so the image is yours but I own the post it’s in. :smuggo:

CaptainSarcastic
Jul 6, 2013



Darth TNT posted:

I made an nft out of your post instead, so the image is yours but I own the post it’s in. :smuggo:

Drat! I was counting on the royalties from that post to cover my rent!

Strong Sauce
Jul 2, 2003

You know I am not really your father.





https://twitter.com/CoinDesk/status/1489007664063524867

Pham Nuwen
Oct 30, 2010




This is how stablecoins are created, right?

chaosbreather
Dec 9, 2001

Wry and wise,
but also very sexual.

the interesting thing about crypto is how it validates and justifies the tedious security, uncool manual processes and (comparatively low) fees of modern banks

There Bias Two
Jan 13, 2009
I'm not a good person


It's easy to find replacement funds when they never actually existed in the first place.

novamute
Jul 5, 2006

o o o

There Bias Two posted:

It's easy to find replacement funds when they never actually existed in the first place.

If they never existed what exactly did the hacker take here

Strong Sauce
Jul 2, 2003

You know I am not really your father.





novamute posted:

If they never existed what exactly did the hacker take here

hopes and dreams

JammyB
May 23, 2001

I slept with Mary and Joseph never found out

quote:

coindesk wrote:
The hack has raised alarm in DeFi circles because it now means ETH that has been bridged to Solana may be unbacked.
...
It is not immediately clear what the ramifications for Solana lending markets and other protocols might be if the ETH issued by Wormhole cannot be bridged back to the Ethereum main chain and is now valueless.

Oh no, guys I'm hearing news that these crypto coins might now be unbacked and valueless!!!

Barreft
Jul 21, 2014

JammyB posted:

Oh no, guys I'm hearing news that these crypto coins might now be unbacked and valueless!!!

whoa what!!

my shithead cousin-in-law loved bitcoin 3 years ago and is so mad now, he's lost thousands but still hodling. I'd laugh at him but he and my cousin do have a 2 year old, so I just feel bad for the kid

DrPossum
May 15, 2004

i am not a surgeon

we lost 326 millino dollars but don't worry, we've got another 326 just lying around to fix this

Doctor_Fruitbat
Jun 2, 2013


https://twitter.com/KenPenders/status/1488619322012749824?t=tT-jIe0215lJg_EVlTSpPQ&s=19

If you don't know who Ken Penders is then I thoroughly recommend googling the story of the man who ran the Archie Sonic comics into the ground while trying to use it as a platform for his own super special OCs. He is weird and insane and I am not surprised that he thinks his third-rate Sonic OCs are worth a cool hundo grand each.

Three Olives
Apr 10, 2005

Not a single fucking olive in sight

Gutcruncher posted:

I can go to the Disney website and see a publicly accessible image of Mickey Mouse, doesn’t mean it’s legal for me to link to that public Mickey and “sell” it on my own website. I’m using a trademarked likeness that belongs to someone else to hock my poo poo.

But they aren't selling the image, they are selling an NFT of the image and an NFT is not a real thing, no matter how dumb people are.

It's more like me selling a booklet titled "Fun Websites for Kids" that includes disney.com.

"Are you looking to see a picture of Mickey Mouse? Go here: https://lumiere-a.akamaihd.net/v1/images/r_mickeymousefranchise_mickeymouse_ddt-16970_f7867c2d.jpeg?region=0,0,1536,450

This has actually come up several times in court cases and it's been repeatedly ruled that as long as your linking (including deep linking) is not an attempt to circumvent DRM (Linking to a public URL offered by someone licensed to display that content), you are in the clear legally. Now, it appears that they were doing some inline embedding, which is murkier, but generally understood to be less clear, but they were using the official Spotify API which does allow some use of embedding material licensed by Spotify in other services.

What they are doing is clearly scummy, I just don't think anyone considered that something as loving idiotic as an NFT would sell for actual fake money.

JammyB
May 23, 2001

I slept with Mary and Joseph never found out

chaosbreather posted:

the interesting thing about crypto is how it validates and justifies the tedious security, uncool manual processes and (comparatively low) fees of modern banks

Can confirm. I've done work for a small bank where the fraud team literally check every single outbound transaction before each transactions file goes out (multiple times a day, via SFTP... lol loving running a bank :dumbbravo:). Still at least they won't get their entire reserves drained just because someone put -9999999999 in the amount <input> on their HTML form.

Paladinus
Jan 11, 2014

heyHEYYYY!!!

Doctor_Fruitbat posted:

https://twitter.com/KenPenders/status/1488619322012749824?t=tT-jIe0215lJg_EVlTSpPQ&s=19

If you don't know who Ken Penders is then I thoroughly recommend googling the story of the man who ran the Archie Sonic comics into the ground while trying to use it as a platform for his own super special OCs. He is weird and insane and I am not surprised that he thinks his third-rate Sonic OCs are worth a cool hundo grand each.

Lmao. Sonic OCs are perfect NFT fodder.

syntaxfunction
Oct 27, 2010

Original NFT, do not steal!

Shinjobi
Jul 10, 2008


Gravy Boat 2k

Doctor_Fruitbat posted:

https://twitter.com/KenPenders/status/1488619322012749824?t=tT-jIe0215lJg_EVlTSpPQ&s=19

If you don't know who Ken Penders is then I thoroughly recommend googling the story of the man who ran the Archie Sonic comics into the ground while trying to use it as a platform for his own super special OCs. He is weird and insane and I am not surprised that he thinks his third-rate Sonic OCs are worth a cool hundo grand each.

I am still crying, I laughed so goddamn hard at this

Ken Penders is in a class of his own, the dumb little poo poo

Virginia Slams
Nov 17, 2012

Paladinus posted:

Lmao. Sonic OCs are perfect NFT fodder.

Sonichu NFTs are bound to be a reality sooner rather than later.

Dabir
Nov 10, 2012

Can you mint NFTs from forever jail?

Paladinus
Jan 11, 2014

heyHEYYYY!!!

Virginia Slams posted:

Sonichu NFTs are bound to be a reality sooner rather than later.

Oh, they already exist, don't you worry.

Dabir posted:

Can you mint NFTs from forever jail?

No, but you can't file a copyright claim (lol) on OpenSea from prison either.

Zil
Jun 4, 2011

Satanically Summoned Citrus


Virginia Slams posted:

Sonichu NFTs are bound to be a reality sooner rather than later.

It exists already

https://opensea.io/assets/0x495f947...031600767008769

Strong Sauce
Jul 2, 2003

You know I am not really your father.






very long thread about the most recent hack on "wormbridge"
https://twitter.com/kelvinfichter/status/1489041221947375616

TL:DR:

this contract transferred between 2 coins, eth and solano.

a function in solano itself which was suppose to verify transaction addresses... did not verify transaction addresses. solano found this out and patched it by adding another function that actually checked addresses. this was released in october 2021

wormbridge continues to use older function that did not check addresses

hacker figures this out and is able to create an exploit that takes advantage.

bye bye $326 million dollars (120,000 ETH)

Main Paineframe
Oct 27, 2010

Strong Sauce posted:

very long thread about the most recent hack on "wormbridge"
https://twitter.com/kelvinfichter/status/1489041221947375616

TL:DR:

this contract transferred between 2 coins, eth and solano.

a function in solano itself which was suppose to verify transaction addresses... did not verify transaction addresses. solano found this out and patched it by adding another function that actually checked addresses. this was released in october 2021

wormbridge continues to use older function that did not check addresses

hacker figures this out and is able to create an exploit that takes advantage.

bye bye $326 million dollars (120,000 ETH)

the best part is the way the hacker figured it out

https://twitter.com/kelvinfichter/status/1489050921938132996
https://twitter.com/kelvinfichter/status/1489088927751360515

after a fix for the issue was added to the public code repository, the code that was actually running on the marketplace wasn't immediately updated to the new version

the running theory is that the attacker was watching the public repository, saw an unusual commit, dug into what the changes did, and realized the changes were fixing a bug that was on the currently-live marketplace

so with the patch for the bug as their guide, they were quickly able to figure out how to exploit the bug, and went to go hit the marketplace right away before the patch went live

kirbysuperstar
Nov 11, 2012

Let the fools who stand before us be destroyed by the power you and I possess.

Main Paineframe posted:

after a fix for the issue was added to the public code repository, the code that was actually running on the marketplace wasn't immediately updated to the new version

Yeah

https://twitter.com/mjg59/status/1489065444635938819

the absolute dumbest way to do anything but hey that's bitcoin

Juul-Whip
Mar 10, 2008

Doctor_Fruitbat posted:

If you don't know who Ken Penders is then I thoroughly recommend googling the story of the man who ran the Archie Sonic comics into the ground while trying to use it as a platform for his own super special OCs. He is weird and insane and I am not surprised that he thinks his third-rate Sonic OCs are worth a cool hundo grand each.

Lol

quote:

After this initial tweet blew up, Ken dug himself into a very deep hole. His arguments ranged from “the age of consent on Mobius is actually 16”

e: so is this guy the origin of "OC don't steal" or did he just decide to act out that meme all on his own?

Juul-Whip fucked around with this message at 08:41 on Feb 3, 2022

Strong Sauce
Jul 2, 2003

You know I am not really your father.





ah so they lied to about when it updated (in the commit the code comment says deprecated since 1.8.0)

so definitely lying to cover it up and the person who was keeping tabs on it noticed that it wasn't a minor version bump and crafted something to exploit it.

lol 11K line changes.. just a simple version bump


edit: ooh i see now it was the wormhole codebase not solano's. so yeah they updated it back in october. wormhole just updated with a fix now and the hacker realized what was going on.

edit 2: that's really dumb that you push security changes like this to your code and it doesn't just automatically deploy, or that you deploy first then update the repo afterwards.. just the best brains.

Strong Sauce fucked around with this message at 08:34 on Feb 3, 2022

Ghost Leviathan
Mar 2, 2017

Exploration is ill-advised.

Juul-Whip posted:

Lol

e: so is this guy the origin of "OC don't steal" or did he just decide to act out that meme all on his own?

Countdown to him drawing terrible, horrifying porn of his OCs if that hasn't already happened

putin is a cunt
Apr 5, 2007

BOY DO I SURE ENJOY TRASH. THERE'S NOTHING MORE I LOVE THAN TO SIT DOWN IN FRONT OF THE BIG SCREEN AND EAT A BIIIIG STEAMY BOWL OF SHIT. WARNER BROS CAN COME OVER TO MY HOUSE AND ASSFUCK MY MOM WHILE I WATCH AND I WOULD CERTIFY IT FRESH, NO QUESTION

Strong Sauce posted:

i honestly don't think troy baker was trying to make some grift. seemed like the company told him about their idea and he was interested, and oh let's append this new NFT onto it. but who knows maybe he's just backpedaling from some previous statements.

i think people in this thread severely overestimate how much people know about cryptocurrency or tech in general. hell there were some people in here saying stuff like, "i did not know this about crypto" when i felt like it was common knowledge for a while, especially for this thread.

i'm trying to recall.. has any big A-list star made an NFT about their movie career? like has someone on brad pitt's level of fame come out and produced a, "come buy these jpegs of scenes from movies i was in" type of scheme? it seems like their managers are steering clear of NFTs while slightly lower-tiered stars (like say basketball players).. their managers only care about getting more money so they'll do anything image be damned.

I agree that it wasn't likely intentionally malicious, but it was definitely greedy and profoundly loving stupid. If you wanna split hairs on that go for it.

ReidRansom
Oct 25, 2004


I really need news outlets to stop quoting all these various crypto poo poo in USD. If all these various "currencies" are intended to stand on their own, then they need to do so. And it's all worse than cop math when they quote the value of some drug bust at the highest reported price per gram when it's some wholesale deal at a small fraction of that number. At least all those drugs can theoretically be sold at that price; there is no chance at all that there is $326B in market depth for any of these currencies. None of it has any relation at all to real or achievable numbers in actual government sponsored currency.
Responsible outlets need to just start quoting NFT values in their native "currencies", and those only in relation to other dumb cryptocurrencies so people stop thinking any of it is actually worth anything.

ReidRansom
Oct 25, 2004


I'm salty about dumb made up poo poo. Thanks a lot NFT dickwads

MechaCrash
Jan 1, 2013

Here, maybe this will make you feel better.

https://twitter.com/FoldableHuman/status/1488963186048995328

The linked tweet by Dan Olson posted:

I have found it fascinating watching a substantial number of web3/crypto pushers come to the dawning realization that they're not misunderstood, they're loathed. Realize that they had no idea the degree of ad spam, bots, and over-hyped shilling that everyone else is dealing with.

The thread is mostly about his Line Go Up video, but that specific tweet made me happy.

Splorange
Feb 23, 2011

gently caress.. you know what's ironic? Inflation is likely going to force some of the more gullible, middle income hodlers to cash out of crypto to, you know.. eat.

Once that's apparent, the big question is whether or not anyone will buy from them at that point. Are there any, even semi-reliable statistics over the demographics of say, bitcoin holders? Surely it skews to young adults?

Darth TNT
Sep 20, 2013

MechaCrash posted:

Here, maybe this will make you feel better.

https://twitter.com/FoldableHuman/status/1488963186048995328

The thread is mostly about his Line Go Up video, but that specific tweet made me happy.

Lol, that Coindesk response is basically a very long winded way of saying: "What he's saying is true, but." and then there's no but. Except a few references to other people's wrong responses.

kirbysuperstar
Nov 11, 2012

Let the fools who stand before us be destroyed by the power you and I possess.

Ghost Leviathan posted:

Countdown to him drawing terrible, horrifying porn of his OCs if that hasn't already happened

https://twitter.com/kenpenders/status/803521132519301120?lang=en

orange sky
May 7, 2007

yeah ok, works for me!

https://twitter.com/FoldableHuman/status/1488970444921192448?s=20&t=IKHz1fXACXJQ9IBPYYUx6Q

coelomate
Oct 21, 2020


Main Paineframe posted:

the running theory is that the attacker was watching the public repository, saw an unusual commit, dug into what the changes did, and realized the changes were fixing a bug that was on the currently-live marketplace

so with the patch for the bug as their guide, they were quickly able to figure out how to exploit the bug, and went to go hit the marketplace right away before the patch went live

That's a lot of extra steps compared to my theory:

The person who fixed the bug realized it could be anonymously exploited for millions of dollars, and did so immediately after fixing it and before the fix was live.

Spatial
Nov 15, 2007

Since it's "the iron will of unstoppable code" of a smart contract, there is no such thing as hacking or exploits. They simply decided to give away all the money due to carelessness and the first person to realise that fact happily received it.

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coelomate
Oct 21, 2020


Your Daily Moment of Zen, post titles curated from the top 10 posts on /r/cryptocurrency. An ostensibly pro-butt community:

quote:

Crypto isn’t going to magically make you rich, get a job.

Filing taxes for Crypto makes me not want to trade crypto.

Solana is the McDonalds ice cream machine of the crypto world.

Popular Rapper Gunna shilled a shitcoin (PushingP) to his 2.1M Followers, he claimed he will take this coin to the moon. After 8 hours that shitcoin dropped 90% in value and Gunna deleted the tweet.

Wormhole just got exploited for 80k ETH ($200m). $10M bounty put out by the team.

Crypto companies publishing "research reports" showing crypto is not at all bad for the environment feels like cigarette companies making doctors say that smoking is totally not bad for you in the 1930s

This is all just fine.

coelomate fucked around with this message at 13:57 on Feb 3, 2022

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