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Elysiume posted:this sounds like hell ah yes it's micro loans again but this time with blockchain! and venture capitalists, those famous drivers of economic benefits for the world's poor!
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Apr 19, 2022 09:49
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a loan which by its nature is impossible to use for anything other than some dumb poo poo
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Apr 19, 2022 10:24
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ymgve posted:actually looking at the change proposal they camouflaged it as a donation to Ukraine (which they actually did, not sure if it was part of the attack or some more obfuscation) i'd be interested in seeing a detailed explanation. i'm not enough of a shitcoin expert to figure it out, though it's interesting that the tx you linked calls .mint, and somewhere deep in the bowels of that shitcoin contract there is a mint() function that says something akin to "low level function that should be called after security checks". it can't be that stupid, i must be understanding it wrong.
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Apr 19, 2022 12:09
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hosed up that Johnny from the Zybourne Clock is alive, and trolling yospos superstars to death.
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Apr 19, 2022 13:28
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Zamujasa posted:i'd be interested in seeing a detailed explanation. i'm not enough of a shitcoin expert to figure it out, though it's interesting that the tx you linked calls .mint, and somewhere deep in the bowels of that shitcoin contract there is a mint() function that says something akin to "low level function that should be called after security checks". it's stupider than that, you're understanding it wrong. a proposal had to exist for 24 hours before it could be voted on and enacted. however, it's possible to change the proposal during this time. so the attacker submitted a completely empty proposal 18, and the ukraine thing was proposal 19 but called "proposal 18" to throw people off. then once the 24 hours were up the attacker replaced the empty proposal with the attack code and voted it through. the actual attack code doesn't come with source code, maybe someone will reverse engineer the ethereum bytecode but it's not going to be me
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Apr 19, 2022 13:54
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Qwertycoatl posted:the actual attack code doesn't come with source code, maybe someone will reverse engineer the ethereum bytecode but it's not going to be me 
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Apr 19, 2022 14:17
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Kazinsal posted:the lore goes that jonny (pbuh) sent stymie into such a frothing rage by repeatedly calling him a millionaire that he went on a flameout comparing being told to ignore jonny trolling him to being told to not dress provocatively to avoid being raped (stymie's words, not mine) it was in the tech bubel thread and it was fun to watch yes
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Apr 19, 2022 14:45
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Shot: https://twitter.com/revive_dom/status/1514752274471473152 Chaser: https://twitter.com/revive_dom/status/1516047190044590080
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Apr 19, 2022 14:49
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hindsight is 20/20 and all, but i feel like "only allow governance tokens that haven't been transferred since proposal was made" and "proposals cannot be changed or amended after they're made" would have been fairly obvious additions to my decentralized contract.
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Apr 19, 2022 14:50
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Eeyo posted:hindsight is 20/20 and all, but i feel like "only allow governance tokens that haven't been transferred since proposal was made" and "proposals cannot be changed or amended after they're made" would have been fairly obvious additions to my decentralized contract. from what i understand of how etherium works, that second one is harder than it sounds because everything is function pointers to other smart contracts
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Apr 19, 2022 14:57
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Eeyo posted:hindsight is 20/20 and all, but i feel like "only allow governance tokens that haven't been transferred since proposal was made" and "proposals cannot be changed or amended after they're made" would have been fairly obvious additions to my decentralized contract. Even if the proposal had been static I think the attack would still work? As long as 50% of the assets are available to borrow it's free game. The idea is that possession of the money confers voting rights, and whoever has 50% of the money can vote to do whatever they want with 100% of the assets. That's exactly what happened here so I don't think they can go crying to anyone about it. If they wanted minority shareholder protections they could have started a normal company.
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Apr 19, 2022 15:05
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Eeyo posted:hindsight is 20/20 and all, but i feel like "only allow governance tokens that haven't been transferred since proposal was made" and "proposals cannot be changed or amended after they're made" would have been fairly obvious additions to my decentralized contract. come on now, if you start using things like "common sense" and "just a little dash of knowledge about the history of finance and contracts across centuries", we might wind up coming to the conclusion that all of this cryptocurrency stuff is terrible and useless for anything but scams, and we can't have that now can we e: Qwertycoatl posted:a loan which by its nature is impossible to use for anything other than some dumb poo poo screaming at the loan officer at my local credit union that it is an infringement of my free speech HIPPO rights to ask me what I plan to do with a loan that only lasts 0.13 seconds Blotto_Otter fucked around with this message at 15:12 on Apr 19, 2022 |
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Apr 19, 2022 15:06
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No one's doing it because there are easier fish to catch, but if you had enough money then any of these DAOs which control a pot of outside assets and trade at near par are vulnerable to someone slowly buying up 51% of the tokens then cashing out the whole thing. Flash loans make it easier and cheaper but they aren't the only issue.
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Apr 19, 2022 15:08
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https://twitter.com/gvanrossum/status/1508959260905918465
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Apr 19, 2022 15:45
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I like how he posits it as if Python needs a future in web3 and not the reverse.
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Apr 19, 2022 15:47
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ultrafilter posted:Shot: this one's excellent because he's absolutely convinced someone from apple called him and all the other nft dorks in the replies think the same and apple themselves shows up to post "nah it wasn't us, you got scammed" https://twitter.com/AppleSupport/status/1514986406489346050
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Apr 19, 2022 15:48
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distortion park posted:No one's doing it because there are easier fish to catch, but if you had enough money then any of these DAOs which control a pot of outside assets and trade at near par are vulnerable to someone slowly buying up 51% of the tokens then cashing out the whole thing. Flash loans make it easier and cheaper but they aren't the only issue. the fundamental flaw with a system where 51% can do anything they want is that 51% can steal everyone's stuff. DAOs are specifically designed to bypass all the regulation and some of that regulation is what prevents this so.... working as intended?
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Apr 19, 2022 15:49
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the response makes this https://twitter.com/tech_update0/status/1516262537737605122 running straight to elon musk to invite him to a Twitter fight with someone who badmouthed crypto
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Apr 19, 2022 16:20
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Main Paineframe posted:running straight to elon musk to invite him to a Twitter fight with someone who badmouthed crypto 
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Apr 19, 2022 16:31
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Apr 19, 2022 16:42
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 unfortunately it is a tell-all by the widow of that crypto ceo guy who disappeared, not a steamy crypto-themed smut novel
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Apr 19, 2022 18:35
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nft bros falling for sub-Kitboga-video level scams is just what I'd expect.
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Apr 19, 2022 18:37
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by definition nft owners have already fallen for a sub-Kitboga-video level scam
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Apr 19, 2022 18:51
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Elysiume posted:holy poo poo, since 2019? i was confused about why the leper colony wasn't showing his more recent ban because there's no way it's been three years right?
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Apr 19, 2022 19:08
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Truman Peyote posted:a steamy crypto-themed smut novel someone call mr tingle
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Apr 19, 2022 19:44
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graph posted:someone call mr tingle way ahead of you 
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Apr 19, 2022 20:12
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four seconds
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Apr 19, 2022 21:12
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i watched the whole thing because im dead, it doesn't even end, just abruptly cuts off right when a new ape is starting their part of the ""song""
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Apr 19, 2022 23:02
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They probably didn't think anyone would get that far.
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Apr 19, 2022 23:17
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Boxturret posted:i watched the whole thing because im dead
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Apr 19, 2022 23:27
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just get one million bitcoins and I will rest in peace
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Apr 19, 2022 23:37
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 I think he actually did?? I'm pretty sure he had a BAYC av before. If so lol
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Apr 20, 2022 03:41
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to be fair, maybe he got sick of wearing the loss
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Apr 20, 2022 03:43
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https://twitter.com/revive_dom/status/1515667785099231232 What possesses a person to do this. "Oh, someone's trying to hack my phone. Ah and now the scammer is calling me. But wait, the supposed scammer is telling me to call the number back, something which is definitely how Apple support operates. Oh the number to call back says "Apple", guess that means he's legit!". It also looks like they phished his Apple account and got the encrypted MetaMask vault that was stored on iCloud (which Metamask apparently does by default lol). They still needed this guy's password for it though so I think there's yet another fuckup somewhere.
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Apr 20, 2022 04:06
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to be clear, he called the number that appeared on his phone, that the scammer had just called from. rather than say, looking up the number on the apple dot com website, and calling that. he is very smart, you see
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Apr 20, 2022 04:12
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Qwertycoatl posted:it's stupider than that, you're understanding it wrong. so much for 'immutable'
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Apr 20, 2022 04:19
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infernal machines posted:to be clear, he called the number that appeared on his phone, that the scammer had just called from. rather than say, looking up the number on the apple dot com website, and calling that. Yeah but then why did it say it was Apple. Can't explain that!
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Apr 20, 2022 04:31
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i asked the nice man inside the telephone if he was scamming me and he said no
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Apr 20, 2022 04:40
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are you a scammer? you have to tell me if you're a scammer
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Apr 20, 2022 04:42
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Pigbuster posted:
p sure their twit av was one of those extra gross + grotesque zombie apes or whatever when i saw it, so 
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Apr 20, 2022 05:22
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