It's been an incredible journey, but I've made the difficult decision to step back from day-to-day operations at @_SEAL_Org. I'll be transitioning onto the Board while @sbatt55 transitions from COO to Interim CEO
44
16
485
31,841
I'm deeply grateful to our team, donors, partners, and the community we serve, who have trusted us along the way. What we've built together is a testament to the strength of the ecosystem, and I’m excited to see what comes next in our mission to secure the future of crypto.
1
0
46
2,033
congrats to one of my closest friends for launching his new firm, ive had the pleasure of working together on projects in the intersection of security x policy and id trust brendan to help navigate the thorniest issues out there
Excited to announce Thompson Street, a new kind of advisory firm working across product, public affairs, and policy for frontier tech with @0xYager, @KhurramDara, and @jonfinkisaksen.
We’re approaching Thompson Street like you would a startup: built for velocity, adaptability, am biased but I don’t think you’ll find another 4-person team with our range of experiences across government, venture capital, and top-tier startups.
If you’re building something in crypto or AI you are already shaping policy whether or not you realize it.
Let’s talk.
15
9
79
11,284
Important Announcement
Trading on THORChain is currently halted after a vault was compromised. Initial indications are user funds are safe and only protocol owned funds are affected.
The network automatically detected abnormal behavior and halted signing activity, which alerted the broader community and prevented further outbound transactions.
The investigation is still ongoing to determine the root cause. Contributors are actively working on the issue and we will report updates as we progress toward a solution.
What we currently know:
* One of the six Asgard vaults appears to have been compromised.
* Current estimates place the loss at approximately $10.7m USD
* The network automatically detected the abnormal behavior and halted signing activity, preventing further outbound activity.
* Nodes securing the vault were subject to their bonded RUNE being slashed as a result of the unauthorized outbound transactions.
* Churn activity has been paused while the investigation and remediation efforts are ongoing.
* Onboarding additional chains and operations requiring churns will be delayed until the network is stabilized.
* Initial indications show no individual user swaps were affected.
We are asking all node operators to immediately review their infrastructure, hosts, key management systems, and operational security for any signs of compromise or abnormal behavior, and to report anything suspicious in Discord.
Node operators participating in the affected vault are requested to securely provide Bifrost logs to the dev team for analysis using 'make relay' .
44
34
404
34,402
if you have 5 minutes and 5 dollars, you can directly help fund @_SEAL_Org through @thedaofund's qf round and help avoid a tragedy of the commons
qf.giveth.io/project/seal-s…
qf.giveth.io/project/seal-i…
qf.giveth.io/project/seal-f…
qf.giveth.io/project/seal-c…
qf.giveth.io/project/seal-9…
qf.giveth.io/project/seal-s…
qf.giveth.io/project/seal-i…
qf.giveth.io/project/seal-f…
qf.giveth.io/project/seal-c…
qf.giveth.io/project/seal-9…
Thank you to @aave, @arbitrum, @ethena, @ether_fi, DeFi United, @_SEAL_Org, and all of the others who have been tirelessly working behind the scenes with us to make this happen.
DeFi will win.
11
17
93
15,209
seal's chief of staff (@davidthegardens) is looking for his next role! hes been with us since the start and helped us go 0-1. if youre looking for someone who can build orgs, navigate chaos, and actually get things done in crypto security, shoot him a dm
t.me/davidthegardens
t.me/davidthegardens
11
21
133
24,748
samczsun retweeted
‼️ UPDATED LINKS FOR THE ETHEREUM SECURITY QF ROUND ‼️
SEAL has 5 projects participating in the QF round, please use these links (they've been updated & our previous post removed to avoid confusion):
1) qf.giveth.io/project/seal-9…
2) qf.giveth.io/project/seal-i…
3) httpqf.giveth.io/project/seal-c…
5) qf.giveth.io/project/seal-s…
SEAL has 5 projects participating in the QF round, please use these links (they've been updated & our previous post removed to avoid confusion):
1) qf.giveth.io/project/seal-9…
2) qf.giveth.io/project/seal-i…
3) httpqf.giveth.io/project/seal-c…
5) qf.giveth.io/project/seal-s…
3
19
58
36,447
huge day for victims of the kelp dao hack, i hope that we can look back on today as the day our industry realized that we can simultaneously build useful products while also protecting users rather than be a consequence-free infinite money glitch for hackers
31
54
500
34,227
at the risk of sounding like jimmy wales, if the drift hack scares you then please donate to @_SEAL_Org so we can keep on building the security infrastructure that crypto so desperately needs
securityalliance.org/donate
securityalliance.org/donate
I beg everyone in crypto to read this in full.
I expected this to be another case of social engineering, likely some recruiter/job offer shit.
I was very wrong.
And the depth of the operation and personas makes me think they already have multiple other teams on lock.
😳
21
45
234
31,431
if youre going to ethcc study fight club
another irl crypto robbery in france just happened, leaving victim naked
a 33y old man was abducted by four masked men after leaving a restaurant in "Vaulx En Velin" and left in his underwear
according to his statement, he was held in a cellar and severely assaulted after refusing to send over $100,000 in crypto to the masked men
4
8
70
25,391
samczsun retweeted
Today, we’re announcing the first allocation from TheDAO Security Fund.
We’re supporting @_SEAL_Org and @SEAL_911 - teams that quietly do some of the most important security work in the Ethereum ecosystem.
Their impact is significant, and they are among the most closely aligned not-for-profit organizations in the ecosystem.
We are donating 69 ETH directly to SEAL and 133.7 ETH to SEAL 911 as well as setting up perpetual @Superfluid_HQ streams.
We’re supporting @_SEAL_Org and @SEAL_911 - teams that quietly do some of the most important security work in the Ethereum ecosystem.
Their impact is significant, and they are among the most closely aligned not-for-profit organizations in the ecosystem.
We are donating 69 ETH directly to SEAL and 133.7 ETH to SEAL 911 as well as setting up perpetual @Superfluid_HQ streams.
44
68
387
76,690
samczsun retweeted
Grateful for community partners like @thedaofund that make this work possible! 🙏
Today, we’re announcing the first allocation from TheDAO Security Fund.
We’re supporting @_SEAL_Org and @SEAL_911 - teams that quietly do some of the most important security work in the Ethereum ecosystem.
Their impact is significant, and they are among the most closely aligned not-for-profit organizations in the ecosystem.
We are donating 69 ETH directly to SEAL and 133.7 ETH to SEAL 911 as well as setting up perpetual @Superfluid_HQ streams.
1
6
52
6,960