Thrillhouse
21.4K posts
SocialFi app Believe founder arrested on strangulation charges following rug pull lawsuit theblock.co/post/398532/be…
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Wonder what she’s up to these days
SleeperNFL@SleeperNFL
Some Iconic NFL Draft moments ⭐️ - Laremy Tunsil’s gas mask photo leak during the Draft - Eli Manning forcing himself off the Chargers - Pickens staring at TV screen - CeeDee Lamb’s girlfriend tried to get into his phone - Vikings ran out of time on their pick - Vikings ran out of time on their pick AGAIN - Saints trade EVERYTHING for Ricky Williams - Will Levis slide (hey @giaduddy21) - Sean McVay & Les Snead laughing at the Cole Strange pick - Christian Wilkins almost taking out Goodell - Vikings laughing at Eagles passing on Justin Jefferson - Titans trading AJ Brown for Treylon Burks - “Who the hell is Mel Kiper” - Bill Belichick’s dog What iconic NFL Draft moment did we miss?
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The past few days have been intense, but I wanted to give some updates as we continue to work on this. Our priority is our users, and every decision we are making is aimed at an orderly return to normal market conditions and the best possible outcome for everyone involved.
Working around the clock, the team has made progress on multiple paths forward with several partners. The Arbitrum Security Council also recovered $70 million in ETH, which could meaningfully reduce the potential exposure, and multiple discussions and solutions are being considered. I am confident we will move towards a strong resolution.
Reviewing what happened and learning from it matters. But pointing fingers is not something that gets us to the other side of this.
Every bit of my energy right now is focused on the outcome for Aave users and the protocol. Aave has been my life's work, and this is an important moment for DeFi as much as it is for Aave. I am deeply grateful for the support and collaboration we have received from builders and partners across the industry.
We’ll get through this together and we’ll continue to publish updates on @aave as they happen.
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Thrillhouse retweetledi
Did you really just accidentally say that Thorchain was centralized for all of those years while DPRK laundered hundred of millions while raking in millions of fees with an admin key you held in your possession?.
Cannot wait until your post shows up in an court indictment one day.
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@BlockOfGoodHope Damn, HL is no longer the only perps platform on the internet 😭
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Is it a valid reason to dump $HYPE?
Polymarket@Polymarket
We price the future. Now you can lever it. Perps are coming to Polymarket. Sign up for early access 👇
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@0xthade Maybe a typo? The bid is around 0.7 right now
Spreads are still wide though
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@pythianism Aave mainnet has all of the fully backed and redeemable rsETH - by your logic they should also be fully covered.
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Arbitrum made the right call on seizing the 31K ETH
As goes the saying - finder's keepers - I would expect Arbitrum users to be made 100% whole, and others to now bear the brunt
The odds of losses being concentrated on Aave mainnet pools just went up substantially, as did the odds of this taking quarters/years to sort out
The expected legal bill also went up
Someone call John J Ray III
Time is money
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Thrillhouse retweetledi
@simonc11 @aave @LlamaRisk So you think it's the responsibility of mainnet apps to verify the origin the state and source of tokens from other chains?
With this precedent tokens would not be fungible. We'll have to make a superior class of never-bridged tokens.
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Thrillhouse retweetledi
Update on rsETH incident:
@LlamaRisk has published a report outlining the rsETH incident, the immediate actions taken, its impact on Aave, and potential paths forward.
All service providers have been working to assess the two potential bad debt scenarios on the Aave protocol.
Aave DAO service providers are also leading an effort with ecosystem participants to address any bad debt. This effort already has several indicative commitments from various parties and we are grateful for the strong support we have received so far.
We will share further updates as we have them.
In the meantime, the full report can be read here: governance.aave.com/t/rseth-incide…
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Over the past 10 years, more than $17B has been lost from 518 crypto hacks.
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Thrillhouse retweetledi
Following the KelpDAO hack, we built an open analysis of DVN security configurations across every active OApp on LayerZero over the last 90 days.
Of ~2,665 unique OApp contracts: 47% run a 1-of-1 DVN security floor, 45% run 2-of-2, and ~5% run 3-of-3 or higher.
As we know, KelpDAO's rsETH sat in the first bucket.
Open query, public methodology, feedback welcome:
dune.com/dune/layerzero…
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