CryptoShine Profile picture
Aug 9 5 tweets 2 min read
1/? With today's news of Tornado Cash being sanctioned by the US government

Its time to re-think about decentralisation

A thread on this

#cryptocurrency #TornadoCash #ethereum
2/?

RPCs

(very important component of web3)

RPCs are not decentralised.

Infura and AlchemyPlatform blocked RPC requests for Tornado Cash
3/? Code repositories like GitHub are not decentralised

accounts of developers of Tornado Cash were suspended

(need a decentralised version of GitHub, maybe?)
4/? USDC stablecoins frozen of suspected users of Tornado Cash by Circle

need for a good and reliable decentralised stablecoin?
5/? When you have the most critical components of web3 centralised, then you should not even think of calling it decentralised until it truly is.

Lot more work to be done in web3 to reach that level.

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More from @CryptoShine

Aug 9
1/?

quick analysis of the @CurveFinance

malicious contract address = 0x9Eb5F8e83359Bb5013f3D8eee60bDCe5654e8881

JavaScript code injected on home page here: curve[.]fi/js/app.ca2e5d81.js

@Mudit__Gupta @officer_cia @samczsun Image
variable name in the JavaScript where the contract address is configured

document.SUKYA

that variable name though! haha
on Curve Finance if you do a transaction, the interaction will be with malicious contract

DO NOT USE @CurveFinance till the issue is fixed! Image
Read 6 tweets

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