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this post was submitted on 02 Aug 2026
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TechTakes
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Big brain tech dude got yet another clueless take over at HackerNews etc? Here's the place to vent. Orange site, VC foolishness, all welcome.
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New things I think learned from this thread:
the thief used a blockchain provider instead of an ad-hoc local node, making all the transactions incredibly traceable with (unclear to me) implications about their ability to launder them or keep their identity concealed indefinitely.
even if they are found out, the previous owners probably won't see a dime back since the vulnerability affects exactly the ability to prove you really were the previous owner.
Unclear which thief since the web3isdoinggreat writeup says there had been up to 15 unique groups doing mass drains by 31/7, maybe the initial 500 wallet sweep was one person or group?
enjoy ur hypertopical vibecoded website du jour
https://coldcardwatch.com/