Latest News

MetaMask and OpenSea Block Users

Explaining what happened with Infura and MetaMask, and OpenSea. Clarity and next best steps provided. If you haven’t already, buy a hardware wallet.

March 4, 2022

How to Read Smart Contracts Without Learning Solidity

In Decentralized Finance, code is law. Instead of legal documents, we have self-enforcing smart contracts. While contracts written in code enable the vast universe of DeFi, they also present a literacy issue. Legalese may be boring, but the average user can still puzzle through it with enough re-reading. In contrast, code is incomprehensible to the

March 3, 2022

Treasure Marketplace Hacked: Exploit Ongoing

BREAKING – The Treasure Marketplace has been hacked! A bug in the contract allowed attackers to purchase a variety of NFTs, including high value Genesis Legions and Smol Brains, for 0 cost. This is a bug in the exchange itself and is currently affecting ALL listed NFTs. Users should delist or revoke approval for ANY

March 2, 2022

What are Hiro HyperChains? A Scaling Solution for STX 

On Wednesday, February 23 2022, Hiro Hyperchains were announced. Hiro Hyperchains are a new, open-source development coming to the Stacks (STX) blockchain in summer 2022. STX brought smart contracts to Bitcoin a little over a year ago. Hyperchains are the first proposed scaling solution for the STX blockchain. As the transaction volume on the STX blockchain has increased, users

March 1, 2022

Rug of the Month: February 2022 – Pixelmon

February was an interesting month of potential winners of the Rug of the month. An ex-pornstar made off with over $1 million on an NFT, Coinbase rugged a white-hat that saved them infinite dollars, and many of the standard scams occurred. It wasn’t until I saw the glory of this 3ETH butt plug that I

February 28, 2022

Governance Attacks and You: The Responsible Citizen’s Guide

At this point, most DeFi protocols at least brand themselves as a Decentralized Autonomous Organization, or DAO. This form of on-chain governance places operational control of the protocol in the hands of token holders, rather than a centralized body. If incorrectly implemented, DAOs can be vulnerable to hostile takeover by malicious actors, aka a governance

February 26, 2022

A Crash Course on Ethereum

Uncovering what is behind the growth of DeFi, NFTs, and why Ethereum is the most widely used blockchain in the world.

February 25, 2022

LARGEST EVER Coinbase Bug Bounty: 250k 

Twitter user Tree_of_Alpha earned 250k in the largest ever Coinbase Bug Bounty by finding a potentially “market-nuking” flaw. Tree_of_Alpha found an exploit in Coinbase’s Advanced Trading feature. This exploit allowed ANY person to sell ANY coin without owning it. Market-nuking indeed! The Discovery: Tinkering with UI Coinbase launched their advanced trading platform on November 3, 2021. The purpose was to integrate sophisticated

February 23, 2022

The DAO Hacker’s Identity Revealed?

The infamous 2016 exploit of The DAO looted 3.6 million Ether, almost 5% of the Ether in existence at the time, and led to the controversial hard fork between the Ethereum and Ethereum Classic blockchains. Today, journalist Laura Shin claims to have uncovered the DAO hacker’s identity. She alleges that one Toby Hoenisch, an Austrian

February 22, 2022

New Year New Joe: New TraderJoe Tokenomics 

There’s a whole new Joe in town.  TraderJoe is the largest DEX (Decentralized Exchange) on the Avalanche blockchain.  TraderJoe tokenomics will change via adjustment of the staking mechanism.  To do this, TraderJoe will move from one to three separate staking mechanisms. The new staking mechanisms are: rJOE sJOE veJOE Currently, JOE is staked for xJOE which earns rewards in JOE. The new

February 20, 2022

New Opensea Contract Exploited? Massive Hack In Progress

Updated Feb. 20th – On February 19th, several owners of high-value NFTs had their entire collection of Opensea-listed assets pulled out from under them by an unknown attacker. Either the new Opensea contract was hacked, or users were hit by a phishing attack. Any users who interacted with Opensea’s new contracts should consider revoking the

February 19, 2022

Basic Rug Protection: 5 Hazards To Watch For in DeFi

Ask anyone about a DeFi token or NFT project, and their answer will probably include “DYOR” somewhere. Telling someone to Do Your Own Research is useful for absolving yourself of blame for their aping, but little else. Smart contracts are complex beasts. Fully auditing a protocol yourself before interacting with it is simply not practical

February 19, 2022

A Crash Course on Bitcoin

What is Bitcoin? How does it work? Why is it valuable? Learn everything you should know about BTC.

February 18, 2022

Game Theory and the Emergencies Act

Justin Trudeau and Parliament of Canada enact the Emergencies Act, enabling the freeze and suspension of Canadian bank accounts. Crypto has never looked brighter.

February 15, 2022

Trouble in Wonderland: $BSGG Airdrop Falls Flat Amid Growing Concerns

Prior to its fall from grace earlier this year, Wonderland Money was pivoting to operation as a DeFi hedge fund. On the advice of treasury manager Sifu, the DAO invested $18,337,000 USD into Betswap.gg, a crypto-native betting platform, in exchange for $BSGG tokens. On February 12th, a $BSGG airdrop went live to all snapshotted $wMEMO,

February 15, 2022