<321bob321> Is that fast Japanese beef ?

<deepzy99:matrix.org> @spvce:spvcer3ii.space: Used it today for 25k usd

<deepzy99:matrix.org> Works great. Literally took 2 min

<deepzy99:matrix.org> Bit tricky to figure out

it's not perhaps a scam

it is a scam

<spvce:spvcer3ii.space> So... this is what they were talking about.

<spvce:spvcer3ii.space> mrelay.p2pool.observer/m/spvcer3ii.space/sjhBkINJVKpbhaLFKwEpQlVC.png (Screenshot_20251223_013130.png)

<spvce:spvcer3ii.space> Seems very scam-like to me.

<spvce:spvcer3ii.space> Not sure, don't care.

<deepzy99:matrix.org> Lol

<deepzy99:matrix.org> 👁

<zombie:catgirl.cloud> @spvce:spvcer3ii.space: It’s a scam. They’re just using multiple accounts to try and s’e trust.

<deepzy99:matrix.org> It works

"it works" doesn't mean it's not a scam lol

specially when moving monero to someone else that holds the keys

it's a bridge. and on the other side of the bridge, you have no monero

as shared. blog.can.ac/2025/12/20/reverse-engineering-hyperliquid

> Bridge withdrawals can be censored forever: no timeout, no escape hatch

(that is, if the bridge itself doesn't rug first)

it may keep working till it doesn't.

<moneroni:matrix.org> @deepzy99:matrix.org: dumbest argument ever

<moneroni:matrix.org> especially in the field of crypto

<moneroni:matrix.org> where we want thing to not just work

<moneroni:matrix.org> but also work trustlessly

<eddie:oblak.be> @moneroni:matrix.org: he might be part of the scam..

<321bob321> Probably

DataHoarder: why rug within the protocol

you can rug within the underlying monero supply stealthly

yes. just pointing out all the layers that is possible

sure, people might notice when their withdrawals end with an error

09:57:57 <DataHoarder> (that is, if the bridge itself doesn't rug first)

^ this is the underlying supply

ah

the ones that actually hold and own your coins

or not your :)

there will be no crypto investigator to figure out where the money went :P

if they went the "rugpull the underlying supply" route

Anyone use OpenMonero.com? Seems more trustworthy compared to Haveno(Retoswap)

haveno is based off of bisq

also OpenMonero is more centralized than haveno is

i think chat stuff goes P2P, rather than through the servers

What about in regards to cash in-person trades?

How's the experience?

in both cases, it depends on the person

Oopnmonreo had their wallets drained that one time

Hmmm, there doesn't seem to be any proven replacements

plowsof: was this prior to implementing non-custodial wallets?

According to archive.org, yes

What is a custodial wallet?

I mean what do they define as non custodial?

OM hold zero user funds now? How are they scraping fees?

<zombie:catgirl.cloud> XMR to the moon 🚀

Reto could drain most (all?) of the order book at any time rho

plowsof: The taker is sent the funds after scraping fees. Minimizing the risk of a rug pull

Maker is a different story

yeah Maker has to park everything in someone elses wallet? taker ofc doesnt have to park anything so no medal for that

<ofrnxmr:xmr.mx> plowsof: No, i think its just deposits

<ofrnxmr:xmr.mx> When the offer is opened, maker has to deposit the deposit. After trade is taken, they have to deposit the remainder of the offer amoint. When the wallet was swept, it was for 100% of user deposits, not full offer amounts

<chuang.ge:matrix.org> 😄

<deepzy99:matrix.org> Reto some old dirty shit ux with abhorrent spreads

<deepzy99:matrix.org> Tried this cow shit worked smooth. Why everyone on here gets all gay anytime something good for monero come out

<deepzy99:matrix.org> Same guys questioning if its a rug have .4 xmr

<stormyyy:stormyyy.xyz> @deepzy99:matrix.org: people still use gay as an insult in 2025?

<stormyyy:stormyyy.xyz> grow up 🍼 🍼

<deepzy99:matrix.org> I guess someone could use it as a compliment

<hooftly:matrix.org> what happens when its shut down by regulators because hes running a custodial bridge while calling it trustless? I will tell you. Your XMR gets confiscated. dumb

<deepzy99:matrix.org> Regulators? Its a defi protocol

<hooftly:matrix.org> No its not. Hyperliquid is centealized and shown via IDA pro and the bridge is custodial that is not Defi

taxes? but it's crypted!

<deepzy99:matrix.org> Clearly youre retarded. And all of these hypothetical you speak off dont apply as its a 30 second swap

defi, with centralized bridges (cause Monero explicitly does not support this)

<deepzy99:matrix.org> Hyperliquid is not decentralized. If you have used it once you would know.

it's not a swap, when the funds literally are not xmr

<deepzy99:matrix.org> Have you used it?

<hooftly:matrix.org> @deepzy99:matrix.org: If you understoof code you would realize it is

<deepzy99:matrix.org> @hooftly:matrix.org: Any evm bridge can access your hyperliquid funds

<deepzy99:matrix.org> So use it first before talking.

I implement fucking code so yes, I know how the underlying works

<hooftly:matrix.org> That does not make it decenrralized when 8 validators hold unilateral control

^ maybe it's time for plowsof

<hooftly:matrix.org> Its theater

<deepzy99:matrix.org> The same losers saying this will still shill trocador

<hooftly:matrix.org> Im not lol

"use it first before talking" again signs of someone sent here to shill it

<hooftly:matrix.org> right so dumb

<deepzy99:matrix.org> How?

<hooftly:matrix.org> Hurr durr use it

<deepzy99:matrix.org> I used it

<deepzy99:matrix.org> It works

<deepzy99:matrix.org> Very simple

it's irrelevant, you can criticize the claims directly given it's in the open lol

09:56:40 <DataHoarder> "it works" doesn't mean it's not a scam lol

<deepzy99:matrix.org> And fast n low fee

09:58:17 <DataHoarder> it may keep working till it doesn't.

<hooftly:matrix.org> Yes cause its centralized garbage

09:56:51 <DataHoarder> specially when moving monero to someone else that holds the keys

09:57:04 <DataHoarder> it's a bridge. and on the other side of the bridge, you have no monero

<deepzy99:matrix.org> So what exactly u crying about i dont understand

alright plowsof yeah seems they are full out now :)

<deepzy99:matrix.org> Like I said. Same monero community has sites giving info to law enforcement

<hooftly:matrix.org> Its a custodial bridge full stop

<deepzy99:matrix.org> Will shill them

<deepzy99:matrix.org> Freeze funds

<deepzy99:matrix.org> And everyone smiles

is it a custodial bridge, yes or no?

<hooftly:matrix.org> Im not shilling any CEX or aggregator

monero does not support non-custodial bridges. that answers the question

<datahoarder> so, not your keys, not your coins.

<deepzy99:matrix.org> DataHoarder: Yes. Is it a scam?

<datahoarder> It is not Monero, then

<plowsof:matrix.org> ban for libera policy or not disclosing involvement with project?

<datahoarder> so claiming it's Monero is the scam

<hooftly:matrix.org> @deepzy99:matrix.org: Does not matter if it can be trivially regulated against

<hooftly:matrix.org> You are ignoring a whole attack vector

<deepzy99:matrix.org> Its an off ramp. Which we dont have many solid choices

<datahoarder> you are asking users that don't know to use a product that can get them fucked over

<hooftly:matrix.org> How is it an off ramp

<hooftly:matrix.org> Its not

<datahoarder> because they don't understand it

<deepzy99:matrix.org> Can swap usdt or usdc instantly at low fees

<datahoarder> @plowsof:matrix.org: coming to market their bridge :)

<datahoarder> passing it off as review I guess

<plowsof:matrix.org> @ofrnxmr:xmr.mx: do nothing has changed since the draining? same setup. still closed source, possibly vulnerable. we dont know.

<datahoarder> but yeah. the "if you haven't tried it don't talk" is so 100% the shit I see on Qubic discord

<datahoarder> the hyperturbodiscord gambler

<deepzy99:matrix.org> Not marketing shit. Just if ur gonna slander things out of nowhere

<deepzy99:matrix.org> Lets start with swap services and sites that pass info to police

<datahoarder> not out of nowhere. we literally posted the reasons why.

<hooftly:matrix.org> no one slandering nothing I said was incorrect

<datahoarder> and it's always slandered if it's custodial. same for CEX

<deepzy99:matrix.org> Lets start with reto using e transfer getting idiots to dox themsleves

<datahoarder> is it non-custodial? yeah you are jumping "tokens" to a chain, and the bridge holds Monero.

<hooftly:matrix.org> I dont support that etiher may be a hottake but it is what it is

<deepzy99:matrix.org> @datahoarder: Yes thats fine. Im jus saying for monero adoption to grow we need more avenues

<deepzy99:matrix.org> As much as u may think we dont.

<deepzy99:matrix.org> And reto sucks. Serai is never coming out

<datahoarder> these more avenues also suggest "plain" transactions for monero adoption 🤣

<hooftly:matrix.org> @deepzy99:matrix.org: Of course we do but it needs to be the right venues

<datahoarder> shit like this monero-project/monero #10173

<deepzy99:matrix.org> Lmao

<deepzy99:matrix.org> The concept was cool. Of the hypercow

<deepzy99:matrix.org> At this point if you want to buy xmr without getting fucked on the spreads. Its a bit hard

<hooftly:matrix.org> You are not getting it. It doesnt matter if it works great for years if it can be trivially regulated against. There is one person who needs to get got and it dies

<deepzy99:matrix.org> I understand the concept

<hooftly:matrix.org> Dont expect the political landscape to stay the same if the US gvmt changes hands they will go after Hyperliquid and the likes hard. Crypto companies are banking on getting to big to fail but have a limited window to get there

<deepzy99:matrix.org> Well this administration isnt really doing shit for privacy anyways

It is! ICE goons can now cover their faces.

<culper:bsd.cafe> Privacy for them and their supporters. Us little people are supposed to have everything about out lives out in public and government accessible at all times

guys

what the fuck is the epidemic of people coming here to shill their obvious scam

you couldn't have made it any more obvious if you put giant billboards that point to it and say "SCAM!"

^ they were already banned as of their last message

it's not just them

it's other matrix users that i've seen, who ask questions about this specific wrapped token

yep

cause it works on other projects

they go on telegram and such

and i don't know how they could have possibly found out about it, considering regardless how much i try to search it up

i find NOTHING about it

the specific way they write or disregard arguments is classic

"don't talk if you aren't using it"

:)

19:03:25 <Cindy> i find NOTHING about it

it appears on first results page when you look up the name itself

also some old monero people might have advertised it on their twitter...

should we just ban discussion of any XMR wrapped token

<gan:skhron.org> I mean, it's fairly common to advertise stuff by pretending that one's stumbled upon it randomly > <Cindy> you couldn't have made it any more obvious if you put giant billboards that point to it and say "SCAM!"

isnt a wrapped token pretty much how a dex with smart contracts works?

<gan:skhron.org> E.g., Silkroad

What about xmr that's been wrapped as a giveable Xmas gift?

Xmrs, even.

snake: most wrapped tokens i've seen are (directly or indirectly) centralized

other than serai

oh ok idk

someone has to hold the underlying supply

that backs up the wrapped token

these wrapped tokens have no bonds, no accountability

19:04:55 <snake> isnt a wrapped token pretty much how a dex with smart contracts works?

^ but usually some that support scripting

monero doesn't

therefore, nothing is stopping the people behind them from rugpulling

so you can't build one properly

<wormzilpay:matrix.org> Hi guys im ZilPay Wallet CM, with who can i talk, we want to add Monero network to us wallet

ah i see

wormzilpay: here or #monero-devs

<wormzilpay:matrix.org> Cindy: thank you mate

DataHoarder: i think monero not supporting scripting is a great move

less of an attack vector

WDYM by "support scripting"?

not having a bytecode machine?

for interpreting a script that may embed.. oh whatever

if i say more, i might look like a dumbass

basically. there's only outputs that pay a key

not a "script" or a "hash to script"

which would later be ran and can support arbitrary ops

funnily the output types are there Cindy

just never implemented for handling lol

I complained about this a week ago or so

we already have a bytecode machine in monero

why add another :P

<gan:skhron.org> I think that Tari is a good compromise in context of having scriptability

i like it when monero gets either scammers or people who want to turn it into another zcash

i'm referring to THAT github issue

they also want it for xyz which monero already offers a way to prove lol

they just want an excuse to strip monero down

another one to throw into the MEV pile

who tf cares about governments

remember when they scoffed at bitcoin and thought it was a toy project

now everyone wants to "regulate"

and every cryptocurrency wants to bend over and let the govs fuck them because they're scared of their price going down from regulatory pressure on CEXs

monero should not care :P

<milas900:matrix.org> Bitcoin supports scripting ?? > <Cindy> DataHoarder: i think monero not supporting scripting is a great move

yeah? it's how all their stuff is implemented

<milas900:matrix.org> Lots of people come to these conferences and start to promoting some defi. Literally kids call themselves ceo and founders. Who is behind them and how they make money if it’s defi > <Cindy> that backs up the wrapped token

milas900: it's the same thing repeating with AI now :P

people who literally don't understand shit about neural networks, are trying to make AI startups that are just ChatGPT wrappers

and calling themselves CEOs

"I used serviceX to swap a large amount of money - you should use it too" -> unfortunately, people do actually go on the internet and tell lies - anything other than "this is a new service, please do your own research" in this day and age is irresponsible. on that same vein - there where shills in telegram saying they used moleswap, and posting

their transaction id's - when the back end was dumped - you could see the transaction (happened to be a solana one) and it was for like 1$ and they doxd their receive address

and this person was claiming to swap $$$$$ with the service when posting the screenshot of the transaction 😆

people should practice precaution when dealing with services they don't know shit about

i like it when services actually bond money to prove that they're serious

rather than just another scammer's paradise

<torir:matrix.org> If we want an wrapped XMR token, and we don't, but if we did, we would insist on open-source code, proof of reserves, enough decentralization to survive regulation, at least some effort to make rugpulling unlikely or impossible, and as much transparency as possible. Hyperliquid does none of that.

<torir:matrix.org> Far from it, Hyperliquid has evidence of there being backdoors, and there is absolutely nothing stopping a rugpull.

<torir:matrix.org> Over and over, the Monero calls out people attempting scams. People point out the exact ways that things can be scams, and the scammers do everything but address the criticism. Deflect, ignore, astroturf. Because they can't, it would stop the scam from working if they actually removed the scammy stuff.

<torir:matrix.org> If you can't address the criticism that makes your thing look like a scam, then that means it's a scam. Plain and simple.

scammers deflect criticism by saying the alternatives suck

like deepzy99 did, calling other swap services shit

<torir:matrix.org> I will be honest, Retoswap does have a well-known weakness: arbitrators can rugpull the entire orderbook. It will be very obvious if/when they do so (unlike other rugpulls). The original Bisq handled this problem by having arbitrators stake collateral, but Haveno removed the DAO when it forked from Bisq so it doesn't have that protection.

<torir:matrix.org> Depending on your threat model, that might be acceptable. After all, if you were using a DEX before, you were putting even more trust in a third party then you are with Retroswap.

<torir:matrix.org> A DEX can rugpull and still accept deposits, after all.

<torir:matrix.org> But scammers don'tt even point that out. No consideration at all of actual attacks that could have been made.

these wrapped XMR tokens are just a fishing net for the dumb people

trying to fish out gullible people and take their XMR, quite a dumb move

<ity:itycodes.org> How popular is Retoswap around the users here?

<ity:itycodes.org> Their website, and the project as a whole, don't exactly inspire confidence

<torir:matrix.org> It's still new, but there are a lot of users already.

<torir:matrix.org> If you want to on-ramp from fiat to Monero without KYC, it is currently your best option.

<torir:matrix.org> Especially since, as a Monero buyter, the weakness I mentioned above won't even apply to you. Only makers can get rugged.

<torir:matrix.org> buyer*

<ofrnxmr:xmr.mx> "A cex*" right? > <@torir:matrix.org> Depending on your threat model, that might be acceptable. After all, if you were using a DEX before, you were putting even more trust in a third party then you are with Retroswap.

<torir:matrix.org> Whoops, yes, a CEX.

SupportXMR getting quite high up there on short term hashrate reddit.com/r/MoneroMining/comments/1pu3bdd/almost_51

last week still 40% blocks.p2pool.observer/pools

HV getting hit by DDoS did not help

oh noooo

we're gona have a fucking.. pubiccc

pubic hairs

irc.gammaspectra.live/fe9c8967071d5540/image.png

sorry for those messages

<ity:itycodes.org> @torir:matrix.org: Ah interesting

<ity:itycodes.org> On-ramp? > <@torir:matrix.org> If you want to on-ramp from fiat to Monero without KYC, it is currently your best option.

<torir:matrix.org> on-ramp is the term meaning "way to convert fiat to cryptocurrency"

<torir:matrix.org> Once you get a cryptocurrency (any cryptocurrency), it is usually very easy to convert from one crypto to another. Getting from fiat to crypto is the hard part, which is why you need an on-ramp.

<marioob:matrix.org> Can we attack it somehow. Or what can we do about it? > <DataHoarder> SupportXMR getting quite high up there on short term hashrate reddit.com/r/MoneroMining/comments/1pu3bdd/almost_51

attack what

why

they are not bad guys

this is the fault of > 22:45:42 <DataHoarder> as usual, influx of new people new to mining -> look at top pool -> mine there

let's not try to kill ourselves :P

by uhh.. destroying a pool that newcomers happen to use because it was the most popular one

they are not attempting anything either nor even marketing that

HV got attacked at the same time which caused that hashrate to also move elsewhere

many picked supportxmr as well

because it says support xmr :P

support xmr not mine xmr :)

<marioob:matrix.org> Pools should also be mindful of risking a 51% attack. There are methods of reducing number of miners. Raise the fee / put warnings / shutdown the pool for X minutes. Etc. I mean even reaching as high as 35% is dangerous in case of another big pool shuts down overnight.

this is the case here

they were 3X%

imagine if the "support" part was a lie

it would be like

a pool effectively shed off miners

the biggest anime betrayel ever

so they got to 42%

betrayal*

do your work of informing people but don't treat sxmr like toxic waste like qubic is

qubic is dying off lol

it's like 8%

and i really can't believe it's only been.. what

radioactive waste even after a while can still be quite nasty

a few months?

well they have similar hr levels let's say

just short-term gains, and nothing else

but the rest of network grew

yeah marketing

also sorry if i sound dumb, i'm a bit.. drunk?

<marioob:matrix.org> What is qubic, and they really have 10% mining fee? > <DataHoarder> do your work of informing people but don't treat sxmr like toxic waste like qubic is

oh maaan

you do the job Cindy

here comes the big lore dump

see the alert here blocks.p2pool.observer/block/d360c5…7a403bbe9b096aef15b16155af94f44ec57

or attacks done github.com/WeebDataHoarder/Monero-T…-block-reorg-on-september-14th-2025

done to directly hurt monero end-users willingly, not just miners

so qubic was a token that did marketing stunts to promote themselves, some of these stunts were destructive

but especially against monero

they had a mining frenzy, which they spent a lot of money on

and amassed enough hashrate to cause reorg attacks

even a reorg with a depth bigger than 10 blocks

which caused the invalidation of transactions

^ they did reorgs to do marketing

yes

they were less profitable doing selfish mining than straight out

so all basically just to make hype for their token

which attacks end users and passes it off as good

nowadays their price is fizzling out

<marioob:matrix.org> Ohh. A bit too technical for me, but I got the ideea. They are playing bad. > <DataHoarder> see the alert here blocks.p2pool.observer/block/d360c5…7a403bbe9b096aef15b16155af94f44ec57

also rucknium.me/posts/monero-18-block-reorg

it used to be $0.000003295 (5 zeros after decimal point)

from peak during the monero attack

now it's $0.000000693 (6 zeros after decimal point)

and going even lower

i'm sure they're preparing some crappy stunt or whatever

if not, might be expected their currency will die out next year

their shitcoin*

it's just short-term gains tbh

DataHoarder: what do you think of that, i know we're not much of a fan of prices

but i like seeing that lol, their hype dying out

they did hit new all time low :)

CFB is rolling in his shitcoin grave

can't wait until it flat-lines completely

<ity:itycodes.org> @torir:matrix.org: Ah