R⬡ckerE retweeted
R⬡ckerE
6.9K posts
R⬡ckerE retweeted
R⬡ckerE retweeted
Layerzero is dead on its feet right now: Lazarus involvement creates OFAC overhang for LayerZero. every institution now carries an explanation burden in their next exam: “Why did you continue using infrastructure that DPRK successfully attacked?” Chainlink doesn’t
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R⬡ckerE retweeted
Re 🤝 Chainlink
More and more protocols are leaving @LayerZero_Core and migrating to @chainlink CCIP for one reason: SECURITY
ethereum:0x514910771af9ca656af840dff83e8264ecf986ca previously hit ATH at $52.7
Now sitting around $9.9
~5.3x from previous highs
And this cycle?
CCIP adoption is much bigger than last time.
Re@re
Re is migrating from LayerZero to @Chainlink CCIP We chose CCIP for its security: decentralized oracle networks, 16 node operators per lane, and native rate limits. Powering the expansion of reUSD across the multi-chain ecosystem.
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R⬡ckerE retweeted
x.com/ChainLinkGod/s…
LayerZero is still covering up the truth of how bad their opsec actually is.
They either had three people doing all of the bad stuff or they had 1 person with 3 keys doing all the bad stuff. Which is worse?
"In reality, the multisig signer attempted multiple memecoin trades over the span of a year and stayed on the multisig for nearly two years after the first memecoin trade, before finally being rotated off
Furthermore, there were actually 3 signing addresses that were engaged in non-multisig related activity (memecoin trading, DEX swaps, bridging, LP provisioning) on a 2-of-5 Gnosis Safe multisig
Billions of dollars in OFT value was exposed to the risk of being exploited by a multisig whose majority threshold of signers failed to practice even the most basic opsec and key isolation practices, FOR YEARS"
Zach Rynes | CLG@ChainLinkGod
This new post from @LayerZero_Core directly contradicts Bryan's claim yesterday that the LayerZero Labs multisig signer who was trading the "McPepes" memecoin on Uniswap was just "testing the PEPE OFT integration" Turns out that gaslighting doesn't work when people can check the chain and verify for themselves Naturally, they attempt to minimize the issue by making it seem like this was a one time incident, involving only one signing key, and that the memecoin trader was quickly rotated off the multisig In reality, the multisig signer attempted multiple memecoin trades over the span of a year and stayed on the multisig for nearly two years after the first memecoin trade, before finally being rotated off Furthermore, there were actually 3 signing addresses that were engaged in non-multisig related activity (memecoin trading, DEX swaps, bridging, LP provisioning) on a 2-of-5 Gnosis Safe multisig Billions of dollars in OFT value was exposed to the risk of being exploited by a multisig whose majority threshold of signers failed to practice even the most basic opsec and key isolation practices, FOR YEARS This was not a one-time error oopsie, this was a complete disregard for opsec -- Timeline of events of the LayerZero memecoin trader multisig signer: March 1, 2023 - 0xf1f5E swaps 0.198548 ETH for 1,727,120 McPepes (PEPES) December 21, 2023 - 0xf1f5E calls approve() for Uniswap on the McPepes ERC20 contract April 20, 2024 - 0xf1f5E attempts to sell McPepes on Uniswap but the transaction reverts January 27, 2025 - 0xf1f5E is finally rotated off LayerZero’s Gnosis Safe multisigs and signing threshold changed -- More context in following tweets
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They have this role too!
Data Analyst, Economics
chainlinklabs.com/open-roles?ash…
•You will optimize network incentives and systems by engaging directly with the Economics, Product, Engineering, Research, and Data Science teams to understand network dynamics at the deepest level.
•You will meticulously operationalize processes, and coordinate cross-functionally to implement them.
•This is both a highly technical and highly social role. You will have high visibility and a large impact on how Chainlink builds the world’s first fully sustainable decentralized oracle network.
LinkBoi@LinkBoi777
$LINK TOKENOMICS ALPHA: @chainlinklabs is hiring a product manager node economics The job description: Build the compensation and incentive systems that directly influence how Node Operators perform across a network securing the majority of DeFi and powering every Chainlink product One of the requirements: Comfortable working closely with data scientists, economists, or quantitative teams to translate models into product or operational decisions Looks like $LINK economics will become a reality soon Staking V1
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R⬡ckerE retweeted
LayerZero blatantly lying about using their multisig for meme trading.
Makes you wonder what else they lying about.
LayerZero@LayerZero_Core
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R⬡ckerE retweeted
Theres 3 groups complaining $LINK marines are grave-dancing on the timeline:
- @LayerZero_Core paid shills
- crypto thot leaders and "professional" DeFI analysts that missed the LayerZero adhoc problem
- crypto thot leaders and "professional" DeFI analysts aligned with VCs
its all noise. projects will continue to migrate to the security and reliability of Chainlink.
marines were right
run ⬡ the ⬡ juels@nullpackets
"Adhoc LayerZero bridging isn’t uniquely evil, but it is worse than TradFi/web2 equivalents because it combines the worst of both worlds—high interconnectedness plus permissionless speed and immutability—without the institutional safety nets." congratulations DeFI - you recreated TradFI - but worse Just use $LINK
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R⬡ckerE retweeted
Tokenized assets have topped $30 billion worldwide and its just starting to heat up.
a16z crypto@a16zcrypto
Tokenized “real-world” assets (RWAs) have surged 10x in two years, now topping $30B — with nearly half held in U.S. Treasury debt. The growth reflects rising institutional demand to put traditional financial instruments onchain, from government bonds and commodities to equities and private credit. While U.S. Treasuries dominate today, the asset class is broadening, with more categories gaining meaningful share in recent quarters. Note: RWAs are traditional financial instruments such as government bonds, commodities, and equities that are represented onchain as tokens.
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R⬡ckerE retweeted
This Sergey video aged like fine wine, very prophetic
“The consequences of an oracle failure as shown by history is getting completely wrecked”
Bridges are just cross-chain oracles where another blockchain is the data source
Just use Chainlink
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R⬡ckerE retweeted
$LINK TOKENOMICS ALPHA: @chainlinklabs is hiring a product manager node economics
The job description:
Build the compensation and incentive systems that directly influence how Node Operators perform across a network securing the majority of DeFi and powering every Chainlink product
One of the requirements:
Comfortable working closely with data scientists, economists, or quantitative teams to translate models into product or operational decisions
Looks like $LINK economics will become a reality soon
Staking V1
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R⬡ckerE retweeted
Chainlink defines what is possible at the information layer. Rory is right, the blueprints are there for anyone paying attention.
Rory@rorypiant
The @chainlink community isn't predicting the future; they're just reading the blueprints.
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R⬡ckerE retweeted
I’m tired of pointing out the risks of centralized, insecure VC-slop infra, only to see them later get inevitably hacked and destroy DeFi’s reputation
It’s not gravedancing to point out these major risks / design flaws protocols are exposed to, or the fact that this whole situation could’ve been entirely avoided if people just listened to the warnings
LZ continues to gaslight people about their own opsec, they’ve learned nothing, they’re just saving face and will go back to their old ways of cutting corners and deflecting responsibility
Zach Rynes | CLG@ChainLinkGod
This new post from @LayerZero_Core directly contradicts Bryan's claim yesterday that the LayerZero Labs multisig signer who was trading the "McPepes" memecoin on Uniswap was just "testing the PEPE OFT integration" Turns out that gaslighting doesn't work when people can check the chain and verify for themselves Naturally, they attempt to minimize the issue by making it seem like this was a one time incident, involving only one signing key, and that the memecoin trader was quickly rotated off the multisig In reality, the multisig signer attempted multiple memecoin trades over the span of a year and stayed on the multisig for nearly two years after the first memecoin trade, before finally being rotated off Furthermore, there were actually 3 signing addresses that were engaged in non-multisig related activity (memecoin trading, DEX swaps, bridging, LP provisioning) on a 2-of-5 Gnosis Safe multisig Billions of dollars in OFT value was exposed to the risk of being exploited by a multisig whose majority threshold of signers failed to practice even the most basic opsec and key isolation practices, FOR YEARS This was not a one-time error oopsie, this was a complete disregard for opsec -- Timeline of events of the LayerZero memecoin trader multisig signer: March 1, 2023 - 0xf1f5E swaps 0.198548 ETH for 1,727,120 McPepes (PEPES) December 21, 2023 - 0xf1f5E calls approve() for Uniswap on the McPepes ERC20 contract April 20, 2024 - 0xf1f5E attempts to sell McPepes on Uniswap but the transaction reverts January 27, 2025 - 0xf1f5E is finally rotated off LayerZero’s Gnosis Safe multisigs and signing threshold changed -- More context in following tweets
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R⬡ckerE retweeted
The @chainlink community isn't predicting the future; they're just reading the blueprints.
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R⬡ckerE retweeted
@knilniahc @BlackRock @chainlink I Will post another update about staking V1 in the coming days, a small detail but it signals that chainlink is moving to staking v1
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YUGE ALPHA: $14 Trillion AUM @BlackRock ENDORSES @chainlink AS THE STANDARD
Sergey held a panel with BlackRock's former Head of strategic ecosystem partnerships Joseph chalom to talk about @chainlink as the immersive standard for interoperability and data.
It's 9 minutes of Audiovisual gold.
First he talks about the 3 most important things that could reshape traditional finance:
- identity
- reliable data
- compliance and corporate action processing
He's literally describing chainlink
He also Points to $LINK economics:
"the economic incentive model that requires Oracles to produce reliable data and get rewarded in $LINK is a massive breakthrough"
The last thing he talks about is interoperability and the need for an orchestration layer that connects these different chains and again he reminds us that @BlackRock can't do it without A partner, while looking at Sergey
BlackRock explaining that @chainlink is the key to the next generation of finance and approving the $Link token as an incentive to set up a DON Exosystem for reliable data might be the most bullish news we've ever heard.
Next post Will also be Alpha about the tokenomics of the $LINK token
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R⬡ckerE retweeted
LayerZero founder literally less than 24 hours ago:
"No way Jose on the memecoin trading, bros. We were just doing a little OFT testing. Very standard stuff to see on our multisig."
LayerZero blog today:
"Yah, so turns out we did have our trusted employees bidding a random shitter called McPepes using our mission-critical security apparatus."
LayerZero@LayerZero_Core
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R⬡ckerE retweeted
R⬡ckerE retweeted
to hack @chainlink ccip you need to compromise a majority of private keys
of two separate networks
at the exact same time
and face rate limits which cap how much you can steal
So instead DPRK just goes for the low hanging fruit like 1-of-1 implementations
bc ofc they do
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