Observer

😂 FUN FACT: 4-Person Startup Drops $113K in One Month on Claude

Swan AI's CEO just flexed a $113,421 Anthropic (Claude) invoice for a single month. The team has 4 people. He said he's never been more proud of an invoice in his life.

Is this what vibe coding looks like at scale, or just a very expensive way to run a 4-person team? 👇

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⚠️ JUST IN: MetaMask Launches Advanced Permissions

MetaMask now lets dapps execute time-limited, scoped actions on your behalf without requiring a wallet signature every time. You set the scope and expiry, the dapp acts within those limits automatically.

Will this become the next vector for drainers abusing pre-approved permissions? 👇

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Prize: $5.000 (multiple winners)

Hosted By: @observer

Giveaway Conditions:
• Must be a member of @observer

Entries: 1996

Giveaway Ended

😂 FUN FACT: ZachXBT talks about Circle's Bug Bounty

Per ZachXBT, Circle, the $23B company behind USDC with the power to freeze your assets, is offering just $5K for critical vulnerabilities on their upcoming payments chain.

ZachXBT offered to personally match the bounty if a ""grey hat"" decides to exploit it instead.

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⚠️ JUST IN: Bitcoin Dev Proposes Quantum-Safe Transactions

Bitcoin developer Avihu Levy has introduced a method to make BTC transactions quantum-resistant without requiring any changes to Bitcoin's protocol. Most quantum-safety proposals need a softfork, meaning the whole network has to agree and upgrade. This one doesn't.

EXPLANATION:
Right now, Bitcoin's security relies on elliptic curve cryptography (ECDSA), which quantum computers could eventually break, allowing attackers to derive private keys from public keys and drain wallets. The standard fix would require a softfork, meaning thousands of miners and nodes worldwide would need to agree and upgrade simultaneously, a slow and politically messy process. Levy's method, built on prior research including ColliderScript, uses Lamport signatures layered on top of Bitcoin's existing script system. Lamport signatures are quantum-resistant by design, based on hash functions rather than elliptic curves. The trick is adding this quantum-safe signing method alongside your normal wallet setup, so if quantum computers ever become a real threat, your coins are already protected without waiting for the network to upgrade. No consensus needed, no protocol changes, just an extra layer you can opt into today.

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⚠️ JUST IN: WhatsApp's End-to-End Encryption Called a Lie

A class-action lawsuit claims Meta let employees and contractors read, track and store private WhatsApp messages without user consent, directly contradicting its "only you and the recipient can read this" promise. Elon Musk has also called out WhatsApp as untrustworthy.

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⚠️ JUST IN: Fragment Drops KYC for NFT Trading

fragment.com has partially removed identity verification. Buy and sell NFTs on the platform with zero KYC, though minting a non-NFT username and a few more actions still requires a verification.

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⚠️ JUST IN: TON Is Now Up to 6x Faster

Catchain 2.0 is here. TON just got a major speed upgrade, transactions that used to take ~10 seconds now confirm in under 1 second, making it feel closer to using a regular app than a blockchain. Block times dropped from 2.5s to 400ms. Faster blocks also mean more rewards for validators staking on the network.

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💸 FUN FACT: Solo miner wins Bitcoin block against 1 in 100K odds

A solo miner successfully mined a Bitcoin block, earning 3.128 BTC (~$222K) despite odds estimated at 1 in 100,000.

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⚠️ JUST IN: A victim lost $386K after sending funds to a poisoned lookalike address.

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🚀 UPDATES: Telegram quietly patched a fingerprinting flaw in Desktop v6.7.2 & Android Beta v12.6.4 - making MTProto proxy traffic significantly harder for DPI systems to detect and block.

The old TLS ClientHello had a dead giveaway signature. It's now fixed to mimic regular browser traffic.

This comes right as Pavel Durov reminded the world that 50M+ Russians use Telegram daily despite bans

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⚠️ JUST IN: An on-chain message was sent to the Drift Exploiter address, demanding 1k ETH ( ~2.07M$) within 12 hours threatening to expose the exploiter's identity if payment is not made. The sender claims to know who conducted the Drift exploit.

🤔 Do they actually have his info? And will the exploiter pay up or call the bluff?

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⚠️ JUST IN: The Trust Wallet Discord vanity link (discord[.]gg/trustwallet) has been hijacked and now leads to a phishing server. Avoid joining for now.

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😂Fun Fact: “Nobody uses Bitcoin”

Bitcoin is projected to surpass Visa and Mastercard in transaction volume by 2025

Payment providers are already moving toward blockchain, with firms like Block Inc enabling seamless Bitcoin payments for merchants

A shift toward crypto rails is underway.

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🛡 EXPLOIT: $270M moved from Drift Protocol in suspected exploit

Over $270M in assets was transferred from Drift Protocol to a suspicious wallet (HkGz4K…), raising concerns of a potential exploit.

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⚠️ JUST IN: "Boss Xi" is now in Chinese custody, tied to a $4B fraud empire

Li Xiong, ex-chairman of Huione Group and known online as "Boss Xi", was extradited from Cambodia to China following a joint investigation.

His network, linked to the @danbao Telegram channel, allegedly laundered over $4B through crypto scams and pig butchering operations, also serving North Korean hackers.

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💸 FUN FACT: Satoshi warned about Bitcoin quantum risk back in 2010

In 2010, Satoshi Nakamoto, the pseudonymous creator of Bitcoin, acknowledged the potential threat of quantum computing, stating that the network could transition to stronger cryptography if the risk emerged gradually.

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🛡 SCAM: Kraken user loses $18.2M in suspected social engineering scam

Per ZachXBT, an unknown Kraken user lost $18.2M after a suspected social engineering attack, with funds quickly moved across chains.

The attacker began bridging assets from Ethereum to Bitcoin via THORChain using a SafePal wallet, likely to obscure tracking.

Theft address: 0xC55149BbD560435a9FbEabFdcF9711cf928acA21

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⚠️ JUST IN: Google estimates a quantum attack could steal crypto in ~10 minutes, and warns that such capabilities may become realistic by ~2029

Breaking ECC-256 may need under 500,000 qubits (far fewer than expected) and could take just 9–12 minutes, fast enough to attack a Bitcoin transaction.

Google warns millions of BTC, especially in old wallets, could be at risk and urges a shift to quantum-safe cryptography before it’s too late.

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