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Today's Top Crypto Headlines:
OKX Reboots DEX | NY Post Scam DMs | Solana Bug Patched and more...
King Fatrick Gil Añasco
May 05, 2025
In partnership with
Good Morning Crypto Enthusiasts!
Glad to have you back for another edition of the UseTheBitcoin.com newsletter.
OKX Relaunches DEX: OKX has relaunched its DEX aggregator after suspending it due to misuse by Lazarus Group.
NY Post X Account Hacked: Hackers hijacked the NY Post’s X account, sending Telegram-based scam DMs to crypto users posing as podcast invitations.
💡Feature of the Day - Solana Patches Token Bug: Solana fixed a zero-day vulnerability that could’ve enabled unlimited minting of Token-22 assets.
All this and more in today’s headlines!
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📰 News Highlights:
OKX has relaunched its decentralized exchange (DEX) aggregator, OKX Web3, after suspending it in March due to misuse by North Korea's Lazarus Group.
OKX DEX will restart today with realtime abuse detecting and blocking system. OKX Web3 is Chrome and search engine to blockchain. Base on our understanding of onchain data, we help customers access to hundreds chains realtime data, manage multiple chains’ asset and engage with
— Star (@star_okx)
1:18 AM • May 5, 2025
The reboot comes with several new features, including real-time abuse detection, wallet profiling (such as identifying whales and snipers), and proactive alerts for suspicious activity.
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— OKX (@okx)
2:26 AM • May 5, 2025
The upgrades also involve collaboration with top blockchain security firms like CertiK, Hacken, and SlowMist to ensure heightened protection.
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Hackers gained unauthorized access to the New York Post’s X account and used it to send scam messages to crypto users, inviting them to fake podcast interviews via Telegram.
. @zachxbt : No the @nypost does not want to interview you on Telegram. If you received this DM earlier today on X it’s simply a scam.
Seems a threat actor gained access to the NY Post X account and is sending DMs to people from CT.
Scammer TG ID: 7524587720
The other week a
— Vladimir S. | Officer's Notes (@officer_cia)
6:06 PM • May 3, 2025
The scam didn’t include wallet drainer links, a typical method, but instead relied on social engineering and direct communication to manipulate victims.
The @nypost’s X account is compromised sending DM’s inviting crypto users to their “podcast”.
— Metro Katz (@metrokatz)
4:33 AM • May 3, 2025
After messaging, the hacker blocks replies to prevent detection.
Interesting New Scam Tactic 👀
If you have received this message from the @nypost (shoutout to @metrokatz for first reporting this), do not message the individual on Telegram,it is a scam!
What's interesting about this case is that the scammer gained unauthorized access but
— NFT_Dreww.eth (@nft_dreww)
1:41 PM • May 3, 2025
💡 Feature of the Day:
Solana developers and validators quickly patched a critical zero-day vulnerability that allowed unlimited minting and potential theft of confidential Token-22 tokens.
The issue is that everything was done privately.
Why does someone have a list of all validators and their contact details?
What else are they talking about in those comms channels?
Now that regulators/countries/malicious actors know these channels exist they are a
— Saint (Llama) Rat (@saint_rat)
9:32 PM • May 4, 2025
The issue stemmed from an omission in a zero-knowledge proof component within the Token-2022 and ZK ElGamal Proof programs.
@fede_intern It’s the same set for ethereum operators bro. Trent can also ask them to patch their eth clients. 🤯🤯🤯
— toly 🇺🇸 (@aeyakovenko)
9:34 PM • May 4, 2025
While no exploit was reported, the patch was deployed and adopted within two days of discovery.
People are missing the important points in this Solana emergency fork situation
1) Eth has client diversity and a protocol spec steered by a meaningful research community.
The most popular eth client, geth, has at most 41% market share.
Sol has one prod client (just one; don't
— Ryan Berckmans (@ryanberckmans)
7:38 PM • May 4, 2025
Despite securing the network, Solana faced criticism for its centralized response.
am i hearing this right?
there was a zero day on solana mainnet and >70% of the validators privately colluded to upgrade and patch the critical bug before it was even made public
— Clouted (@CloutedMind)
8:05 AM • May 4, 2025
😂 Crypto Meme of the Day:
Meme of the day provided by @TheBTCTherapist
And that’s it for this today.
See you all tomorrow’s edition!
Jonathan Gibson
UseTheBitcoin.com