papaart's comments | Ecency

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@papaart

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2025-01-05 00:02

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papaart

3M

RE: LeoThread 2026-06-07 20-39

Exploiting the situation for marketing may backfire, since bad news reflects on all crypto and karma can return harm

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papaart

3M

RE: LeoThread 2026-06-07 20-39

Friendly competition is fine, but avoid dunking on others after a hack There's a classic Chinese idiom: 落井下石 — dropping stones on someone who has fallen into a well

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papaart

3M

RE: LeoThread 2026-06-07 20-39

Best wishes to the project's developers and community; the incident appears to have been resolved professionally. Confidence in $ZEC remains 🫡

papaart

3M

RE: LeoThread 2026-06-07 20-39

Lots of pain, anger and fud on the timeline. Quick attacks on other builders should be avoided — the same could happen to any favourite coin or network next. This was never easy.

papaart

4M

RE: LeoThread 2026-05-22 11-06

With a coordinated effort, $164,000 of the $573,200 transferred from the compromised private key was frozen It was a team effort, and the rapid response was impressive. Thanks to all who assisted

papaart

4M

RE: LeoThread 2026-05-22 11-06

Allowing funds to be frozen mid-swap grants too much power and responsibility

papaart

4M

RE: LeoThread 2026-05-22 11-06

A good outcome is welcome, but it's unclear whether the industry still needs custodial brokers outside centralized exchanges. The sector is moving toward clearer distinctions between custodial and

papaart

4M

RE: LeoThread 2026-05-15 14-25

Such behavior might look like a marketing opportunity, but bad news reflects on all crypto and karma can come back to bite

papaart

4M

RE: LeoThread 2026-05-15 14-25

Support for friendly competition is fine, but avoid being quick to dunk on others after a hack A classic Chinese idiom applies: 落井下石 — drop stones on one who has fallen down a well

papaart

4M

RE: LeoThread 2026-05-15 14-25

Dancing on graves is lame

papaart

4M

RE: LeoThread 2026-05-08 14-11

Private key handling appeared amateurish, with memecoin trading on production multisig keys, which helps explain why attackers targeted them THREAD BELOW

papaart

4M

RE: LeoThread 2026-05-08 14-11

On-chain data shows multisig signers performing non-multisig activities such as trading memecoins, swapping on DEXs, and bridging, creating phishing risks by linking production multisig keys to websites

papaart

4M

RE: LeoThread 2026-05-08 14-11

The threat doesn't require malicious intent from LZ Labs; their history of poor opsec and a prior North Korea-linked hack increase concern

papaart

4M

RE: LeoThread 2026-05-08 14-11

A community researcher reported major projects like Ethena and EtherFi were still using that default library as recently as a few weeks ago About $178 million remains exposed from projects still relying

papaart

4M

RE: LeoThread 2026-05-08 14-11

Over $3 billion of LZ OFTs were recently at risk because a default library contract could be upgraded instantly by LZ Labs with no timelock, allowing forged messages similar to the rsETH hack

papaart

4M

RE: LeoThread 2026-05-08 14-11

Heated debate erupted in a security community chat earlier today between a LayerZero representative and security researchers TLDR summary:

papaart

4M

RE: LeoThread 2026-05-08 14-11

Situation is being monitored 🤔

papaart

4M

RE: LeoThread 2026-05-01 14-15

glad you think so - stay safe out there

papaart

4M

RE: LeoThread 2026-05-01 14-15

Storing seed phrases in a password manager may seem convenient but introduces an avoidable security risk

papaart

4M

RE: LeoThread 2026-05-01 14-15

An easy backup-to-password-manager feature for a new embedded wallet was briefly implemented but later removed because it introduced an unnecessary attack vector Less convenient, but the most lo-fi method