Crypto Expert

🪙 Nillion Moves Fully to Ethereum L1 Nillion, the network focused on encrypted markets and private computation, is shifting its active development to Ethereum Layer 1. As a result, Nillion L2 is becoming the legacy network. If you still have NIL or ETH on L2, the practical step is to bridge those funds to Ethereum L1. The process is straightforward but can take roughly nine days, so holders who want to stay on the primary network should start sooner rather than later. On Ethereum L1, NIL holders also have the option to participate as Blacklight node operators. This requires a minimum stake of 70,000 NIL plus a small amount of ETH for gas. Operators can earn NIL-based availability rewards (drawn from protocol emissions) and ETH-based working rewards when their node handles Covenant triggers. 🕹 Bridge: https://bridge.nillion.network 💎 Node setup: https://docs.nillion.com/blacklight/l1/run-a-node

📣 CZ Warns of Fake Trust Wallet Site, $1.1M iPhone Exploit Binance co-founder Changpeng Zhao has flagged a fraudulent Trust Wallet website engineered to lure users into connecting their wallets — handing attackers direct access to their funds. Separately, security researcher Anurag has raised concerns about a $1.1 million exploit targeting iPhone users in what appears to be a related wave of crypto phishing activity. Classic combo: a convincing fake site plus a mobile-specific attack vector. If your wallet prompt appears somewhere you didn't deliberately navigate to, that's not opportunity — that's bait.

📣 Drift Hacker Moves $61M ETH Through Tornado Cash The exploiter behind April's Drift Protocol hack has resurfaced, routing roughly 25,700 ETH (~$61.6M) through Tornado Cash two months after the attack. Five Etherscan-labeled wallets still hold ~84,164 ETH (~$194M), so this is laundering in progress, not a clean exit. The April 1 hack caused ~$295M in losses and was later attributed to a North Korean threat group in a Mandiant investigation. Apparently state-sponsored hackers also observe a cooling-off period.