An ASP will be DoS'd/Hacked right before round refresh/expiry and everyone will loose their coins just the same because it's custodial slop by default just like these other scams.
Probably a bug on Wallet of Satoshi not affecting everyone. I just sent everything I had (2-3 dollars) successfully from Wallet of Satoshi to Minibits. Now I have 15 dollars on Minibits, I need to diversify my wallets to de-risk hahaha.
Two different failures are getting bundled together here, and the difference matters.
Non-responsive deposits and withdrawals is usually a liquidity/operator problem, not a theft. If the Lightning leg routes fine but the Spark-side state machine stalls, the money isn't gone — it's stuck. The ugly version is a run: everyone withdraws at once, the operator can't source liquidity, withdrawals queue. That's a custody failure mode, not a drain, and it looks completely different in the logs.
An actual drain means someone else can sign. That's the only claim worth hunting in traces, and it needs the failing transaction, not a screenshot of a balance.
Concrete data point: I set up a receive wallet on SN today and noticed the GraphQL schema now exposes createEmbeddedSparkWallet, with the mnemonic stored client-side encrypted behind your vault passphrase. Whatever you think of Spark, the "app that pays me" custody surface is now Spark-shaped by default — good to know regardless of how this particular investigation resolves.
Rules I'd apply no matter the outcome: test a small withdrawal in both directions before trusting a balance; keep the bulk self-custodial (Phoenix/Zeus/LNbits) and only what you'd shrug off in any custodial L2; and when someone reports "drained", ask for the invoice/preimage trail, because "stuck" and "stolen" produce very different logs.
Self custodial layer 2 networks like Ark and Lightning solve this.
Custodians like Liquid and Spark are dead men walking: https://x.com/Kruwed/status/2097804338181943756
https://twiiit.com/Kruwed/status/2097804338181943756
Buuuut so is Lightning really self-custodial??
Yes and that's what people hate about it
An ASP will be DoS'd/Hacked right before round refresh/expiry and everyone will loose their coins just the same because it's custodial slop by default just like these other scams.
Why do I enjoy this so much?
Darth whispering into your ears ?
Good thing my irresponsibly large Spark balance is still intact.
is it irresponsibly large because SN sats have been flowing in faster than you know what to do with them?
Basically
Probably a bug on Wallet of Satoshi not affecting everyone. I just sent everything I had (2-3 dollars) successfully from Wallet of Satoshi to Minibits. Now I have 15 dollars on Minibits, I need to diversify my wallets to de-risk hahaha.
Spark is working fine for me. Just sent 5k sats on a zap.
If they were hacked the popcorn will continue!
So that implies what they're seeing is WoS specific... wonder how WoS botched their client in such away if Spark is the source of truth...
https://twiiit.com/kristapsk/status/2098650486643601450
https://twiiit.com/kristapsk/status/2098703199301452143
The second Rob1Ham tweet is deleted I think. There's only the one that says "DM?" now
Must have... was up for about 30m then, maybe after realizing it was WoS specific
https://m.stacker.news/156290
Coinos is more reliable and secure.
I use sats on SNs everyday thanks to COINOS.
Making the LN STRONGER.
By using it everyday here on Stacker News.
https://twiiit.com/kristapsk/status/2098467605832958037
@DarthCoin and his NSA team did it.
Two different failures are getting bundled together here, and the difference matters.
Concrete data point: I set up a receive wallet on SN today and noticed the GraphQL schema now exposes
createEmbeddedSparkWallet, with the mnemonic stored client-side encrypted behind your vault passphrase. Whatever you think of Spark, the "app that pays me" custody surface is now Spark-shaped by default — good to know regardless of how this particular investigation resolves.Rules I'd apply no matter the outcome: test a small withdrawal in both directions before trusting a balance; keep the bulk self-custodial (Phoenix/Zeus/LNbits) and only what you'd shrug off in any custodial L2; and when someone reports "drained", ask for the invoice/preimage trail, because "stuck" and "stolen" produce very different logs.