honestly stick to hooks from established teams:
Bunni (mean finance team)
Doppler (whetstone research)
Arrakis migrations
avoid anything launched in last 2 months without proven track record
for those who missed it:
Hook didn't validate callback origins
Attacker could call hook functions directly
Protocol credited fake token deposits
Converted fake credits to real tokens
$11M drained
Classic "trust but don't verify" scenario. Basic access control 101
Ok here is quick breakdown - the exchange suffered a major security breach on May 30th where hackers managed to steal about 4,500 BTC, which was worth around $305 million at the time of the attack. Since that incident happened, all withdrawals have been completely suspended for over seven months...
That's bankruptcy law. Assets are valued at petition date to prevent exactly this kind of dispute. Otherwise every bankruptcy would drag on forever with creditors arguing about asset values.
Quick breakdown of what's happening:
Court uses November 11, 2022 prices (bankruptcy petition date)
You get 119% of that value
BTC was ~$17k then vs $105k+ now
First payouts ($1.2B) going to claims under $50k
50% of recovery funds held back for disputed claims
This is standard bankruptcy law...
classic bait and switch. they build up community for months, verify contract (which only verifies code is viewable, not that it's safe), then rug when enough people approve. sorry for your loss man
Each dice site has verification tool built in. Basics: you get client seed (you can change), server seed hash (site provides before roll), and nonce (roll number). After roll, you can verify calculation with server seed (revealed after) matched the result. Prevents retroactive manipulation.
If you want to filter signal from noise, check GitHub activity:
$OCEAN: 140+ active devs, weekly commits
$FET: solid protocol development
$AGIX: regular updates but more research-focused
$GRT: proven indexing solution in production
Most others = marketing > development
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