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SOCIOS.COMยฎ

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@socios

Reward Your Passion. โšฝ๏ธ๐Ÿ‰๐ŸŽพ๐ŸŽ๏ธ๐ŸŽฎ๐ŸฅŠ
Not intended for UK audiences.
Malta socios.com/how-it-works/ Joined May 2018
1.7K Following 285K Followers 47K Posts

Latest posts 5

SOCIOS.COMยฎ @socios
Billions are flowing into sports ownership. ๐Ÿ’ฐ

From the Lakers' $12.5B deal to the Seahawks' $9.6B sale, investment in sports franchises is reaching new heights.

Yet for most fans, owning a financial stake remains out of reach.
Tokenization could help change that.
SOCIOS.COMยฎ @socios 6d
From supporting a team to owning a stake in its future.

In a new @Forbes article, Chiliz Group CFO Julian La Picque explores how tokenization could broaden access to sports equity and why sport could become a proving ground for tokenized assets across the wider economy.

Read more ๐Ÿ‘‡
forbes.com/councils/forbeโ€ฆ
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2 replies 10 reposts 33 likes 4.4K views View on X
SOCIOS.COMยฎ @socios
Interest in fan ownership is already there.

72% of football fans surveyed said theyโ€™d be interested in buying a digital asset offering a small ownership position in their club.

A glimpse into the potential future of fan ownership.
SOCIOS.COMยฎ @socios 6d
From supporting a team to owning a stake in its future.

In a new @Forbes article, Chiliz Group CFO Julian La Picque explores how tokenization could broaden access to sports equity and why sport could become a proving ground for tokenized assets across the wider economy.

Read more ๐Ÿ‘‡
forbes.com/councils/forbeโ€ฆ
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1 replies 7 reposts 32 likes 4.9K views View on X
SOCIOS.COMยฎ @socios
๐’๐„๐‚๐”๐‘๐ˆ๐“๐˜ ๐“๐€๐Š๐„๐’ ๐“๐„๐€๐Œ๐–๐Ž๐‘๐Š. ๐Ÿ”

At Socios.com, protecting your wallet and assets is our priority. But the strongest security comes from working together.

๐Ÿงต Here are six simple ways you can help keep your assets safe.
4 replies 11 reposts 37 likes 4.6K views View on X
SOCIOS.COMยฎ @socios
A note from CHILIZยฎ CEO, Alex Dreyfus.
Alexandre Dreyfus Verified account @alex_dreyfus Oct 29
Security update

We want to be fully transparent following a security incident: user funds and wallets were NOT affected, and the total loss from this incident was around 1 ETH, roughly $2,000, from a bridge fee wallet. NOTHING more.

We want to explain what this was, and what it was not.

On 26 October, we detected that attackers had gained access to part of our internal infrastructure through an outdated legacy partner website. We have been working around the clock internally and with independent forensics firms.

On your funds: Socios.com wallets are self-custodial smart-contract wallets. Every transaction must be approved with the user's own passkey, which NEVER leaves their device. Neither Socios.com nor anyone else can move user funds without that approval.

What else we have confirmed:
โ€ข Our company multisigs were NOT compromised, in code or keys.
โ€ข The code for our core smart contracts and treasury was NOT altered.
โ€ข Our digital asset treasury, and CHZ and Fan Token minting, were NOT impacted.
โ€ข Around 1 ETH was taken from 7 hot wallets used to pay bridge fees. That is the full extent of the funds lost. The 7 wallets are listed below and every transaction is public on Etherscan.
0x4b045692540E6B7AfDE44cdad60136d170efc623
0xb0AdF650ABDc7d2d5ac7366888ab492e9Df8589A
0x52f30AefB50B5d271d93A10730088733Bdbe31E0
0x1Cb83A71d81DaCe297975e377777c94a32d9D5dD
0xAE68F408160C40d508834734aC5bEd773a36e9D2
0x3665dfcdaf8310684c24592b017D986A993320e6
0x252B5CA6c838ae47508c1eA72Dd73b58c607Af0f
โ€ข The attackers accessed an encrypted user database. We have NO evidence it was extracted, and NO evidence that passwords or KYC documents were exposed.

Regulators have been notified in line with GDPR and MFSA/MiCA requirements already.

What we have done: every key and credential has been rotated. The bridge is paused and all relayers revoked. We have moved the bridge wallets into institutional custody (see our previous post for the addresses).

What you should do:
โ€ข Never share your passkey or recovery kit. We will never DM you asking for it.
โ€ข Use only our official channels.

We have paused the governance portal as a precaution and expect to reopen it within the next few hours. We will post again when it is back.

Thank you for your patience and your trust.
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