Tag: Bug

Twitter disables actions on tweets with Substack links

by Blockchain News

On April 7, users of Twitter were left feeling upset when they discovered that they were unable to engage with tweets that included links to sites hosted on Substack. When trying to like, retweet, or comment to postings that included Substack links, several users reported getting an error message stating that “some actions on this tweet have been disabled by Twitter.” It was noted by several users that the user interface seemed to record their likes or retweets; but, upon closer examination, it did not appear to be counting or showing the interactions.

At this time, it is not possible to tell if the problem is a defect or a feature that was intended to be there. Since April 6, it seems that Twitter has disabled the ability for users of Substack to embed tweets in their posts, which may be connected to the problem. The Substack representative who was asked about the issue did not specify whether they felt the problem was caused by a change in the Twitter API or a bug.

The issue started happening not long after Substack introduced “Notes,” an application for publishing similar to Twitter that some people feel is intended to compete with the bird app. Substack is often seen as a venue in which bloggers of an advanced level may discuss their ideas with groups of users that have similar interests. Substack has been used to a very significant degree, particularly within the crypto community.

This problem arises as a result of multiple recent, unexplained modifications made to Twitter. The site displayed a picture of Doge in lieu of Twitter’s bird emblem for a number of days, while the nonprofit media group National Public Radio (NPR) was labeled as “state media.” A great number of users are now perplexed and doubting Twitter’s motivations as a result of these developments.

Regarding Substack, it is not apparent what Twitter’s goals or objectives are at this time. It’s possible that an effort was made to suppress competition by making it impossible for Twitter users to engage with tweets that include links to Substack, but it might also just be a glitch that needs to be fixed. In any event, users will be keeping a careful watch on both platforms for any more advancements that may occur.

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Twitter Disables Interactions with Substack Links

by Blockchain News

On April 7, Twitter users on both mobile and web platforms discovered that they were unable to interact with tweets containing links to Substack pages. Many users attempting to like, retweet or reply to posts containing Substack links received an error message indicating that “some actions on this tweet have been disabled by Twitter.” In some cases, users reported that while the interface seemed to register their likes or retweets, these interactions were not being counted or displayed.

At present, it is unclear whether the issue is a bug or an intended feature. However, it is worth noting that on April 6, Twitter appeared to have cut off the ability for Substack users to embed tweets in their posts. According to The Verge, a spokesperson for Substack did not clarify whether they believed the issue involved a change to the Twitter API or a bug. Nonetheless, the inability of Twitter users to interact with tweets containing Substack links seems to have begun around the same time, indicating a likely connection between the two problems.

This development comes in the wake of several recent, mysterious changes to Twitter. For example, the platform recently featured a Doge image in place of Twitter’s bird logo for several days, causing confusion among users. Additionally, the nonprofit media organization National Public Radio (NPR) received a “state media” label, which many people found questionable.

It is also worth noting that Substack announced the launch of “Notes” on April 5, which is a Twitter-like posting application that allows users to share short thoughts and updates. This application can be seen as a potential competitor to Twitter, particularly as Substack is often regarded as a place for expert-level bloggers to share their thoughts with like-minded communities. The crypto community, in particular, has taken advantage of Substack to a relatively large degree.

Given all of these developments, it remains to be seen whether Twitter’s disabling of interactions with Substack links is a temporary bug or a deliberate move to counter competition from Substack. Either way, this issue is likely to be of concern to users who rely on both platforms for networking and community building. As of this writing, there has been no official statement from Twitter or Substack regarding the matter, and it is unclear when a resolution might be forthcoming.

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Transit Swap Losts $21m on Code Bug Exploit, Hacker Returns 70% of Stolen Funds

by Blockchain News

Transit Swap, a multi-chain decentralized exchange (DEX) aggregator platform, announced via Twitter social media that it has lost $21 million after a hacker exploited an internal bug on its swap contract.

Following the incident, Transit Swap issued an apology statement to the users, saying that efforts are underway to recover the stolen funds. “After a self-review by the TransitFinance team, it was confirmed that the incident was caused by a hacker attack due to a bug in the code. We are deeply sorry,” the DeFi platform stated.

The DEX aggregator said it is working with cybersecurity specialists such as SlowMist, PeckShield, Bitrace, and TokenPocket security and technical teams to track down the hacker and recover the funds.

Transit Swap said a bug in the code allowed a hacker to run away with an estimated $21 million. PeckShield, a blockchain security company, gave a further explanation that the attack might have occurred due to a compatibility issue or misplaced trust in the swap contract.

Transit Swap further disclosed that while they have been able to get the hacker’s IP, email address, and associated on-chain addresses, they have encouraged the hacker to get in touch to return the funds. “We now have a lot of valid information such as the hacker’s IP, email address, and associated on-chain addresses. We will try our best to track the hacker and try to communicate with the hacker and help everyone recover their losses.”

Latest developments showed that their efforts have become successful as the hacker returned 70% of stolen funds. Transit Swap gave an update, confirming that the hacker has returned 70% of the funds via two addresses. And said the security experts are still working to recover the remaining funds.

Meanwhile, users have asked Transit Swap to cover the remainder of the stolen funds if the hacker fails to return the rest. They reasoned that the exploit was due to the DEX’s fault and otherwise would not have occurred.

According to Chainalysis, the total revenue for crypto crime in the first half of this year stood at $1.6 billion, less than the figure recorded in the first half of 2021. The drop in crypto crime figures has coincided with a fall in crypto values. However, some forms of crypto-crime have risen in the last year, such as the value of hacked crypto assets has increased from $1.2 billion to $1.9 billion.

The rise in fraud and scams correlates to massive activity growth within cryptocurrencies worldwide. Companies such as PayPal, Meta Inc. (formerly Facebook), Mastercard, and many more have shown an increased interest in cryptocurrencies.

Image source: Shutterstock

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Bunny and Qubit turns to DAO following $80 million bug exploit

by Cointelegraph

The development team behind Bunny Finance and Qubit has decided to disband the protocol and turn it into a decentralized autonomous organization (DAO).

In an official medium post published on Friday, The Bunny Finance team announced that the exploit on Qubit that resulted in $80 million worth of loss has made it impossible for the team to operate at full scale. Thus, they have decided to disband the protocols and give authority to the community.

As reported earlier by Cointelegraph, the Qubit bridge called X-bridge facilitated tokens swaps from Ethereum (ETH) to Binance Smart Chain (BSC). The hacker behind the attack managed to exploit a “logical error” in the X-Bridge smart contract that allowed them to withdraw tokens on the BSC chain without depositing any on Ethereum.

The hacker managed to steal 77,162 qXETH worth $185 million and used it as collateral to borrow several assets from the lending pools worth $80 million. The borrowed tokens included 15,688 Wrapped Ether (wETH) worth $37.6 million, 767 BTC-B ($28.5 million), $9.5 million worth of stablecoin and $5 million worth of PancakeSwap (CAKE), Pancake Bunny (BUNNY) and MDX tokens.

Related: Wormhole token bridge loses $321M in largest hack so far in 2022

The official announcement noted that moving forward, the community will be in charge of major decision making including upgrading contracts, altering fee structure. In order to change the protocols to DAO, the development team has shut down vaults on Bunny which will no longer mint the native token. The team is also shutting down leveraged Farming Vaults and Single Asset Vaults on Qubit that were used to borrow assets.

The development team has also decided to discontinue major fee structures barring unstaking and compounding fees. The team would also launch a new market on Qubit and get rid of the old model that was hacked. All team tokens would be locked in a community smart contract and profits from the contract would be utilized as a compensation pool. The existing members of the team would participate as a member of the DAO.