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Erick Pinos

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@erickpinos

Head of Ecosystem @NibiruChain (building @SaiDotFun)

Director @BlockchainEdu Previously @OntologyNetwork @Nasdaq @mitDCI @MITBitcoinClub ⚡️
NYC sai.fun Joined October 2011
3K Following 37K Followers 19K Posts

Latest posts 5

Erick Pinos Verified account @erickpinos
Ryu vs Iron Man (@varounsvlogs wins)

Thanks @therollupco and @plumenetwork for a much needed break from wearing suits at institutional crypto conferences
Robbie Klages Verified account @robbieklages 2d
Halloween Happy Hour with The Rollup and Plume, up at the Empire State Building.

Great night. Costumes, skyline, and a room 1 of people who actually showed up.

Thanks to everyone who came out, and to @PlumeNetwork for throwing it with us!
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Erick Pinos Verified account @erickpinos
Can’t even give a talk summarizing recent crypto hacks without crypto hack happening
MASKED Verified account @_MASKED_NFT_ 2d
🚨 Cosmos drain update: ~$3.16M now taken from 41,500+ wallets on @osmosis, @cosmoshub and @injective

The receiving wallet hasn’t transacted in 30mins, but the attacker is now actively testing a tool that steals STAKED $ATOM in batches. The batch version looks like the next step for taking the staked $ATOM still left in drained wallets.

Protect yourself:

1️⃣ Move to a NEW seed. A hardware wallet ideally - DO NOT STORE YOUR SEED PHRASE DIGITALLY E.G. A SCREENSHOT)
2️⃣ $ATOM stakers: tokenise your stake & send it to the new wallet. Unstaking takes 21 days
3️⃣ Never enter your seed anywhere
4️⃣ Ignore any "recovery" DMs

Step 2 is the important one. Unstaking takes 21 days, and the attacker can take staked $ATOM instantly, so tokenising the stake is the only way to move it in time.

The attacker is already set up to drain all remaining assets 21 days from now when the unstaking process concludes for non-tokenized assets. That will be automated via script, and happen far quicker than you can do it manually.
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