⚠️ PSA:

- couple of sim swap attacks affecting web3 users in recent months
- if your FT account (or any other app for that matter) is secured by only a phone number, take steps to mitigate and use 2FA where possible — ie. on x/twitter, use authenticator app don't use your phone number as a security option (not possible on FT atm)

https://x.com/darengb/status/1709021872178729409

Mitigation steps:
https://x.com/officer_cia/status/1607182946104119301
https://x.com/haseeb/status/1607063873936580608

[IanGPT] Optimism Launches Fault Proof System on Goerli Testnet

- OP Labs announces the alpha release of its first fault proof system on the OP Goerli Testnet.
- The system includes three key components: Fault Proof Program (FPP), Fault Proof Virtual Machine (FPVM), and a dispute game protocol.
- The modular design allows for future multi-proof systems and enables contributors to build alternative components for added security.
- Community testing is encouraged through the Immunefi bug bounty program to make the system robust before full production launch.
- The new system aims to advance both technical and social decentralization in the Optimism ecosystem.

Source

Judge Rejects SEC Motion to Appeal Ripple Ruling

via: DB

VanEck admin is ONE OF US

https://x.com/vaneck_us/status/1709353826937889152

Wrote a report on MKR, FXS, and RWAs. Check it out!

https://blockcrunch.substack.com/p/why-are-crypto-investors-excited

Web 3 secondary market report, September 2023

- 2.6x growth in amount of offers since August
- $315M in Asks and Bids
- $3M avg Buy Ask vs $3.1M avg Sell Offer ($1.5M median)
- 19% median spread on FDV of Buy/Sell IOIs of the same projects - almost 60% drop from Aug
- 2x median spread on minimum amount of Buy/Sell IOIs of the same projects
- top projects: Celestia, Starkware, Scroll, dYdX, Arbitrum, Optimism, Sei, Aleo, Circle, Consensys
- 34% SAFT and 66% equity deals - 1/3 shift from SAFTs to equity since August
- 29% (Pre-)Seed, 71% Rounds A-D - 20% shift from earlier to later stages
- 66% of offers on L1, L2, DeFi, and blockchain services

via: SecondLane

Seems like Galaxy has been hacked, FYI!

Hacker’s address: 0x4103babcfa68e97b4a29fa0b3c94d66afcf6163d

• x.com/officer_cia/status/1710303947225743607

#alert #security

Do not use (do not sign/interact) with their website until the issue is resolved.

⚠️ Stars Arena hacked (fr this time)

https://x.com/peckshieldalert/status/1710541922404843604?s=46&t=Epo2C7qkg-CKjyMhGIBBuQ

HTX (Huobi) Stolen Funds Returned

via: PeckShield

[IanGPT] TFL Tables Proposal Requesting for 150M Luna from the Terra Community Pool

Objectives
- Revive Terra ecosystem without affecting LUNA price.

TFL's Role
- Use non-LUNA treasury for project funding.
- Offer infrastructure and LUNA incentives to credible builders.

Financial Asks
- Request 150M LUNA from Community Pool for TFL treasury, partnerships, and liquidity.

Governance
- Two 3/5 TFL Multisig accounts for fund management.
- Tokens to vest over five years starting Jan 2024.

Additional Proposals
- Lock Community Pool until Jan. 2025.
- Implement a Fee Share Module for revenue sharing.

Execution Steps
- Four-part proposal including on-chain proposals for funding and features.

Source

⚡️🏴‍☠ BLH token hacked!

Damage: approx. $1.2 million.

• x.com/officer_cia/status/1712120321732477253

#security #alert