Nick Selvaggio
7.8K posts

Nick Selvaggio
@direct
Occasional tweets about tech, personal finance, and general positivity. Always learning and exploring. 👋🏼 https://t.co/FMF99tclwK https://t.co/6GrA9K1M9G

Quick TLDR on what AAVE is doing for non legal folks: On April 18, hackers stole ~$290M from Kelp DAO. Arbitrum quickly froze ~$71M of that stolen money on their network to help get it back to the victims. Aave + other DeFi projects teamed up (called "DeFi United") to return those funds directly to the people who got hacked… no losses spread around. Then, seemingly random lawyers (suing North Korea for old stuff) convinced a US court to freeze that $71M so THEY could try to grab it for their clients. Now victims are stuck waiting while lawyers fight over money that was never theirs. SO NOW - Aave just filed an emergency court motion saying "stolen money doesn't belong to the thief… give it back to the victims ASAP." They're pushing for a fast hearing.








Introducing Claude Design by Anthropic Labs: make prototypes, slides, and one-pagers by talking to Claude. Powered by Claude Opus 4.7, our most capable vision model. Available in research preview on the Pro, Max, Team, and Enterprise plans, rolling out throughout the day.




Introducing Claude Design by Anthropic Labs: make prototypes, slides, and one-pagers by talking to Claude. Powered by Claude Opus 4.7, our most capable vision model. Available in research preview on the Pro, Max, Team, and Enterprise plans, rolling out throughout the day.













