CryptoticT

@TTLinkie3299 @defi_frog They will sell because Sergey loves selling $link. He sells the moment the rest of his massive stack runs out in a couple of years.

Fluid lost 125k FLUID and 51.9k GHO due to a key compromise. A wallet was able to claim rewards from multiple Fluid Merkle distributors using empty-proof Merkle claims, then swap funds and route ETH into Tornado Cash. Exploiter: debank.com/profile/0x4925… The timeline on Ethereum was very tight: proposer submits root, approver approves it, exploiter claims FLUID ~24 seconds after proposal. The GHO claim followed minutes later. The same wallet then swapped the claimed GHO and FLUID, bridged some Base/Arbitrum proceeds out, and later deposited ETH into Tornado Cash Router. Several hours later, an admin-style batched tx removed the old proposer/approver roles across multiple Fluid rewards contracts: etherscan.io/tx/0x5240aca9d… Fluid has told users that Merkle reward claiming is temporarily paused for a few days, potentially up to a week, while updates are made. They also said rewards will continue accumulating retroactively and claiming will resume once updates are complete. No communication about a key compromise or loss of funds.

$5.4M drained from @gravity_bridge today. Not through a complex math exploit. Not through a reentrancy attack. Through trust. 37 validators unknowingly signed a malicious update. The signing pipeline was poisoned. They never knew what they were approving. The contract had no timelock. No guardian multisig. No circuit breaker. Once the signatures were valid, execution was instant. And irreversible. The scariest vulnerabilities aren't in the math. They're in the assumptions. "Our validators won't be compromised." "Our signing pipeline is safe." It was realistic enough.

$LINK is the exclusive asset for direct exposure to the success of @Chainlink Unlike other projects that have sold both tokens and equity to investors (creating conflicting economic interests), Chainlink is not driving value to any equity and there is no IPO—there is only $LINK Any claim or perception that the goal is to maximize the value of Chainlink Labs at the expense of, or in isolation of, LINK holders (e.g, Ripple stock vs XRP) is dead wrong There's no better proof in this than how Chainlink Labs employee compensation works Employees do not receive equity, they receive base comp in local currency and a long-term incentives program tied to $LINK Interests are fully aligned via direct skin in the game Think about it, any detrimental action toward LINK holders would directly impact the CLL employees building the protocol as well, makes no sense Some of the largest $LINK whales I personally know work for CLL, there is an shared interest in seeing the token do well Fundamentally, we are all in this together