🧵👇
➡️ Hackers immediately sent the freshly minted GALA to #PancakeSwap.
➡️ The attacker dumped a total of 10.72 billion $GALA and earned a total of 12,977 billion $BNB ($4.4 million) by draining the PancakeSwap pool to zero.
#WAGSI🛡
A new exploit on the old Opensea contract is being used to steal your NFTs.
⚠ Signing this seemingly innocent transaction could drain your wallet.
Here's a simple breakdown. ⬇⬇
This new exploit dupes the user into signing a transaction, granting the attacker control over the user's proxy contract.
Each company implied it would be the “first” to bring a zkEVM to market.
🔽MEGA...🧵👇
TL; DR
➚➚There are several applications for zero-knowledge proof in blockchain scaling and privacy since it can ensure computational integrity, accuracy, and privacy.
➚➚Both zk-SNARK and zk-STARK have advantages, but their combination offers more possibilities.
The #DAO concept has introduced a new paradigm of business organisation.
SEVEN steps to secure your DAO—
Corporations have previously been restricted to some degree by their borders and corporate governance laws.
DAOs propose the notion of a genuinely global and completely decentralised organisation.