Daily intelligence on AI 🟦 Crypto 🟥 Quantum 🟩 and Space. The machines, money and maths behind the frontier. 🔍 Post hack analysis. 📊 AI benchmarking.
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We traced the @Bitget hackers' money through Zcash again. 1/7 🧵
This time it came out as Bitcoin, USDT, and one $375 NFT that was "sold" for $588,000 to a buyer paid from the same Zcash exits. (More on that in tweet 5/7)
Zcash hides the shielded pool. It cannot hide the edges.
Between 30 September and 3 October, 9,999 ZEC ($13.1m) from wallets on Bitget's list went into the pool.
We read every exit that came out, 2,924 of them, and followed the money hash by hash: 49 swaps into Bitcoin from one wallet, a cash-out through Hyperliquid to TRON, and 600 ZEC that became ETH and went shopping on @blur_io.
Every hash is below. The full trail, with every address: yfarmx.com/bitget-postmortem… 🧵⤵️
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6/7 The seller had somewhere to send it: a path built the day before the theft.
Within seven minutes of the sale, the seller pushed exactly 219 ETH (1 + 18 + 25 + 25 + 50 + 50 + 50) into 0xB59A7ADf8E97ad5B02bcfF58923E2eDF49A66d04:
eth.blockscout.com/tx/0x79bb…
From there it ran through four wallets created on 23 September within 21 minutes of each other, the day before Bitget was drained, into a Bybit deposit address and on to @Bybit_Official's hot wallets:
eth.blockscout.com/tx/0xf230… (157.63 ETH)
eth.blockscout.com/tx/0xd7c5… (59.83 ETH)
The path had been test-driven twice, 8.97 ETH on 23 September and 5.68 ETH on 25 September, each run reaching Bybit within an hour:
eth.blockscout.com/tx/0x28a0…
eth.blockscout.com/tx/0x3f6b…
17.45 ETH ($583k) is in Bybit. 81.56 ETH ($219k) is parked one hop short, at 0xB614079A270ACB0D3980C08A62191842E76Faea4. 🧵⤵️
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7/7 Where it stands tonight.
Gone: 904,123 USDT on TRON and 217.45 ETH inside Bybit, about $1.49m.
Parked: 41.6 BTC ($3.53m) on the Bitcoin addresses, 81.56 ETH ($219k) on Ethereum.
Every address is in our post mortem.
Pending: a 100 ZEC ($131k) swap to TRON USDT, placed 47 minutes before the last shielding, still processing at 22:20 UTC.
What is proven on chain: one wallet behind the 49 swaps, and every hop on both routes. We have submitted these to @bitget's portal.
What is supported, by fingerprint and route: that the wallet is the Bitget attacker.
Zcash hides the notes but the edges stay public. Every edge is a record someone holds: Unit, Hyperliquid, Blur, Bybit.
yfarmx.com/bitget-postmortem…
End of thread. Follow @YFarmX.
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In slides for a 1 October Bank of England conference, the ECB's Isabel Schnabel weighs three ways for central banks to go on-chain: issue reserves as tokens, bridge payment systems to blockchains, or let a private firm issue reserve-backed tokens.
yfarmx.com/ecb-schnabel-thre…
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We made two 3D demos totalling $7.40, every line written by @TheUnbiasedCo's Pareto 26.10 Preview, music included🔊
A superyacht racing game flat out through Tower Bridge, with a HUD: $6.04, 9.78m tokens.
A James Webb telescope tour in space: about $1.40, 1.75m tokens. Below. 🧵⤵️
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Apple will add controls so Mac users grant Full Disk Access, which reaches every file and message, only with "very explicit user action". Some developers use it in ways that could put users at risk, Apple says, and AI agents will make the risks grow.
yfarmx.com/apple-full-disk-a…
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Files exported from Meta's Muse AI agent tell an hourly job to keep a page on each person in the user's life: where they live, what they do, a dated history and how close they are. On 2 October Meta also opened Muse to home-built gadgets.
yfarmx.com/meta-muse-friend-…
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The US Energy Department wants an error-corrected quantum computer by 2028. Its advisers' roadmap: competitions to 2028, a national user facility if the results justify one, then quantum machines alongside the labs' supercomputers from 2030.
yfarmx.com/doe-quantum-advis…
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The National Reconnaissance Office, the US spy-satellite agency, launched on a Falcon Heavy for the first time: NROL-97 lifted off from Kennedy at 03:54 UTC on 2 October. Both side boosters had launched NASA's Roman telescope just over 32 days earlier.
yfarmx.com/falcon-heavy-nrol…
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OpenAI is holding back a new model, reported as GPT-6.1 Astra, over safety concerns: it fell short on staying within scope and authorisation, its head of safety systems said. GPT-6.1 Sol shipped on 29 September at a fifth of GPT-6 Astra's price.
yfarmx.com/openai-holds-back…
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Quantum computing could eventually cut 3 to 7 gigatonnes of CO2-equivalent a year, the BCG Institute estimates, nearly a tenth of today's global emissions at the midpoint. Only 10% to 15% of those savings would arrive by 2040.
yfarmx.com/bcg-quantum-compu…
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Tether says USDT is returning to Bitcoin, where it first launched on 6 October 2014. Its sister exchange Bitfinex said the relaunch runs on Utexo and the RGB protocol, which keeps payment details off Bitcoin's public ledger.
yfarmx.com/tether-usdt-retur…
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ByteDance's Seedream 5.0 Flash makes images for $0.018 each on BytePlus, 60% less than a single Seedream 5.0 Pro image at 1.5K, with Pro's editing, layer splitting and multilingual prompts at up to 2K.
yfarmx.com/ai/image/seedream…
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Unbiased's Pareto 26.10 Preview runs several AI models on every request and blends the answers. It now costs $0.80 per million input tokens and $3.20 output, 68% and 57% less than Pareto 26.9.
yfarmx.com/ai/llms/pareto-26…
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D-Wave opened its gate-model quantum simulator beta on 1 October to BBVA, FirstQFM, Florida Atlantic University and the Jülich Supercomputing Centre. It models up to 21 of the dual-rail qubits D-Wave is building, which flag their most common error.
yfarmx.com/d-wave-gate-model…
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