dimn retweeted
Imagine a historian in 2035 writing a political history of the 2020s, and he points out that every election, the out-of-power party won a cost-of-living election and then used their mandate to ignore or exacerbate affordability only to be destroyed in the next election, where voters again said “to be clear, I don’t want whatever bullshit you’re up to, I just want life to feel more affordable,” and then, once again, the winning politicians prioritized everything except affordability, and this story repeated itself over and over again.
One of my strongest held political opinions right now is: Democrats should do everything they can to avoid that history being written.
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Everyone under 30 is prematurely old (worried about savings, career, FIRE).
Everyone over 50 is desperately young (Burning Man, psychedelics).
I believe information abundance aged the young by showing them all future problems all at once.
Information abundance also made the old young by showing them all missed experiences all at once.
So now Gen Z talks like retirement planners and boomers act like teenagers.
It's over.
Good insights on tx datacenter regs
1/ Everyone take a deep breath. Texas data centers aren't going anywhere. The Texas governor has very limited authority to stop them. Calls for a pause or moratorium must be approved by TCEQ—the permitting authority of Abbott appointees. Here's how Texas permitting really works👇
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no man goes on the same japan trip twice for he is not the same man and it is not the same japan
dimn retweeted
Binance 14 signed fifty authorizations handing itself to a sweeper contract. The signatures are on chain. The read that fits best: a signing machine was compromised, the attacker could not take the keys out and could not pass the transfer policy, whitelists and limits, but could get it to sign one short message that policies written before May 2025 do not recognize. EIP-7702 did not open the door. It walked around the guard.
What 7702 is: a wallet can attach contract code to itself by signing (contract, nonce) with its own private key. Anyone can submit that signature and pay the gas. It only works if the nonce matches the wallet's live nonce at that moment. After that the code moves funds with no signer involved.
What happened, all on chain, Oct 29 UTC:
> 13:51 the attacker delegates two fresh empty wallets to a sweeper and drains them. A dry run.
> 15:59 deploys a second sweeper. 16:20 to 16:47 repeats the drill on a third empty wallet.
> 18:20 receives 1 ETH for gas.
> 20:20:59 one transaction to Binance 14 carrying 50 authorizations signed by Binance 14 itself, nonces 18914775 to 18914824. Whoever got them signed did not know the live nonce of a hot wallet that fires withdrawals every block, so they got fifty in a row and let the chain pick. Gas accounting shows exactly one matched.
> 20:24:23 first sweep: 167K ETH and 63 tokens including 1.6B USDT in one call. 20:41 the delegated wallet used its owner role on a separate smart wallet and moved 780M USDC from there too.
Binance has not said how the signatures were obtained. But the question for every custodian used to be "can this signer move a billion". Now it is "can this signer sign anything that is not a transfer".
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So basically, today PHP got two critical bugs that let anyone run code on your server without even logging in, which is bad, and then the details leaked before the patch was even out, which is worse, and it works on WordPress and MediaWiki and Magento and Joomla and Laravel, and Censys says like 1.5 million servers are running a version with no fix, so the NSA was like "take your system offline," and the FBI was like "take your system offline," and CISA and the UK and CERT-EU were all like "take your system offline," and then the Prime Minister of Japan, the actual Prime Minister, posted at 5:55 in the morning telling 48.8 million people to take their system offline, so everyone took their system offline, like the Dutch cybersecurity agency took its own website offline, and the Dutch parliament went offline, and the Port of Rotterdam went offline, and Finland and France and Denmark started pulling government sites, and Wikipedia went down, and Archive.org went down, and Asana and GOG and Something Awful went down, and the University of Vienna's webmail went down for some reason, and that's just PHP. Because GitLab also dropped a CVSS 10.0, which is the highest score they give out, for a bug that's been there since 2014, so that's every self-hosted GitLab for twelve years, and then LiteLLM 1.107.0 got hijacked and shipped a credential stealer and a remote access trojan in every single wheel and the Docker images, including latest, and you didn't even have to import it, just installing it was enough, and it's the second time this year, and then Railway paused every deployment on the entire platform because someone got into the environment variables, so now everyone has to rotate every secret they've ever stored there, and TiDB Cloud said someone was walking around inside with stolen credentials for basically a month and an extortion group says they took 10.6 terabytes, and Zeabur got breached for the second time in two months and is just shutting down, like the whole company, and Node.js patched remote code execution and a TLS bypass, and CISA says Plex is being actively exploited, and someone took over 300 Tor exit relays to steal SSH passwords, and SafePay ransomware has hit over 600 critical infrastructure orgs, and India's biggest bank filed a data loss incident, and Japan has been in an official state of emergency in cyberspace since October 9, which honestly explains the 5:55 AM post. Oh, and eMudhra, a certificate authority that's issued over 60 million certificates, whose entire job is proving websites are who they say they are, was supposed to be using private keys that are random numbers over a hundred digits long, and one of them was 4. Just 4. And the others were like 66 and 237. Anyway, it's Wednesday.
i keep coming back to: what are the risks?
honestly cant come up with much besides:
a) bridge hack, your zec IOUs are worthless
b) price roundtrips so pnl is $0
c) cabal leaves & coin loses flavor - even in this case it should still drip a meaningful amount of zec
it has first mover advantage, paired with a popular coin expected to do well, solana eco backing
its leveraged zec: your zec balance grows while zcat goes multiples higher as zec rerates up.
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