IBCIG

Dapat surprise gift lagi dari @Binance semperna Binance Anniversary ke 6 walaupun sedikit lambat sampai ke Malaysia. Thanks @cz_binance & @Binance team for this gift. Not forget to @aqibsahib as well❤️ What’s in the box 📦 - Mini Luggage - Sweatshirt - Yoga Mat #BinanceTurns6

@ChemistDeFi the deeper the stack, the harder the risk is to see

DeFi risk used to look simpler to me. A few weeks have passed since the KelpDAO / LayerZero incident. So this is probably a better time to look back at it without the noise, and ask what the market should actually learn from it. You check the smart contracts. You check the audits. You check the TVL. You check whether the protocol survived past stress events. That was the mental model. But the KelpDAO / LayerZero incident made that model feel incomplete. Galaxy described it as a roughly $290M exploit. The attacker caused 116,500 rsETH to be released from the Ethereum-side bridge adapter through a forged cross-chain message, then used that collateral across lending markets. Aave’s estimated bad debt was framed between $123.7M and $230.1M depending on how losses are handled. The part that stands out to me is not only the size. It is where the risk came from. Not a simple contract bug. Not a normal oracle failure either. Not a “protocol got hacked” story in the clean way people usually imagine. It came from the assumptions around the asset. → bridge verification → RPC infrastructure → cross-chain messaging → collateral listings → emergency governance This is the uncomfortable part. A lending protocol can do many things right and still inherit risk from an asset it accepts as collateral. A token is not just a token anymore. It is a stack of assumptions. Who can mint it? Who can pause it? Who verifies messages? Who can freeze funds? Who decides what happens after something breaks? I used to think DeFi risk was mostly about code quality. And thanks to AI, the industry is probably going to get faster at writing, reviewing, and improving code. But that does not remove risk. It just pushes the question one layer deeper. Now I think the more important question is becoming: how many hidden committees, bridges, signers, guardians, and offchain processes are inside the thing people call decentralized? That does not mean these systems are useless. In some cases, emergency controls probably prevent worse outcomes. But it does mean the market has to stop pricing “DeFi” as one category. There is a big difference between trust-minimized finance and finance that works because a small group can react fast when something goes wrong. Both can be useful. But they are not the same product. And after enough nine-figure incidents, I think users will start caring less about the label and more about the actual control surface.

@WorldOfMercek people still stuck in 2021 framing tbh

A few years ago, companies like MARA, Riot, HIVE, Hut 8, TeraWulf and Cipher were mostly followed as Bitcoin miners. Now look at how they present themselves. → Energy infrastructure. → Data centers. → HPC. → AI compute. → Power capacity. → Hyperscale customers. The story changed. Bitcoin is no longer only something they mine and hold. For many of these companies, it became a strategic balance sheet asset that can be used to reduce debt, fund data center expansion, support AI/HPC transformation, or create financial flexibility when needed. That shift is important. The smartest companies do not stay trapped inside their old narrative when the market changes. They adapt. Individual investors often do the opposite. They fall in love with the first version of a story and keep holding that version in their head even after the business has already moved somewhere else.

@Matt_Web3_ @solana They’re cooking something ?????

perps account from @solana?! 👀👀

@AvberEth can’t wait to sell this, I just can’t wait

Just earned 13.03 Quacks on @wallchain

@DioeconmeXBT @XOOBNetwork @quipnetwork Yessir. one good week can change the leaderboard completely

I'm sad that I missed the @XOOBNetwork campaign the first week I saw it. My current ranking isn't great, and I need to get into the top 100 soon. I only have 40 posts about XOOB, which is pretty bad, but I'll keep trying. I also want to increase my @quipnetwork mindshare today so I can get back into the top 100 and earn more QuipNetwork points. My goal remains the same to get into the top 50.

@jaouad2d @River4fun @RiverdotInc stacking nicely ngl 👀

Season 5 on @River4fun and the bag keeps growing 💪🏼 192 daily, 3,674 total River Pts 🐝 Mindshare adding up season after season 👀

@enesonchain life really rewards good people 🫡🫡

was literally thinking about this and it makes me believe in karma before megaeth TGE i did my biggest donation to a community in my country a week later i got megaeth tge better than expected, multiple monthly partnerships + hit 5 figs with memecoins being kind and helpful person is the most ev+ thing ever.

@0xHydar Yesssir 🫡🫡🫡

@ibcig let's win together

happy new week, ct honestly, some days I wake up and the chart looks ugly lol then I remember why I started: not for quick flips, but for the long game small dips test patience real believers pass the test every single time we’re still so early what keeps you showing up even when the market feels heavy?

@DeFiDecoder_ @quipnetwork I do believe this is more about cryptographic transition planning

When the discourse about quantum threats takes hold of the market again, remember of @quipnetwork They've been preparing for it since the very beginning A good report on how $QUIP faces this threat 👇

@brainx @JupiterExchange @awesomesinyee @0xTonilicious Thanks buddy, gonna sign up now. I’ve been using Kast rn so kinda lazy to try Jupiter, but the TNG topup thing is pretty interesting cuz literally no crypto card has this access lol. Might need to pivot to this 😝 What’s your ref btw?

@ibcig @JupiterExchange @awesomesinyee @0xTonilicious Yes bro I tried to scan my TNG also can loll

这几天我用了 @JupiterExchange 钱包的 QR 码来支付给卖家。当时急需用钱再加上懒惰去找OTC换MYR 所以选择了他们的 QR Pay。我觉得他们主打的就是让大家更方便和快速地使用 QR 码支付。 不过如果我买的东西超过 1.8k 马币就不能进行大额支付了。这也是我选择了这么多家 U 卡中，唯一一个能在马来西亚支持 U 码支付的选择。如果汇率再漂亮一些我应该会天天使用这个功能！🤣🤣 我的邀请链接我丢在底下欢迎大家来一起用分享感想哈哈哈

@MartyXBT So basically there’s no different with the Bank, Tether is Centralized. Just hold bitcoin

Tether froze over $515 MILLION worth of USDT across more than 370 wallet addresses in one month. Over $506 million was frozen on TRON, with the rest on Ethereum. The action was reportedly linked to hacks, scams, suspicious activity, and money laundering investigations. But at the same time this is another reminder that stablecoins may live on blockchains, but control over the funds can still remain highly centralized.

@ChemistDeFi This is very much similar to cloud computing before AWS normalized access

King Charles cited quantum computing in his address to US Congress as a pillar of future UK-US prosperity. BMW is running quantum workloads The EU is pouring national budget into it While every headline chases the hardware race between IBM, Google and D-Wave, almost nobody is asking who connects them all. This is exactly what @quipnetwork is building: one unified quantum cloud across every architecture, every manufacturer, accessible on-chain without contracts or a physics degree. D-Wave, $QUIP’s own launch partner, is bringing commercial gate-model systems to market this year. The timing is not a coincidence. @quipnetwork’s production launch is imminent, and $QUIP sits at the orchestration layer that makes all of this actually usable for real businesses. Nvidia’s CUDA moment turned GPUs from gaming chips into the backbone of modern AI. Quantum is sitting at that exact same inflection point right now.

@WorldOfMercek 90% recovery in weeks, whats going on with Defi bro. And today Coinbase down like 6 hours, we are so doom.

$292 million drained in a single exploit. Three weeks later, $300 million pledged to fix it. What happened in between is the most important story in DeFi this year. Here is the complete timeline of the "DeFi United", contribution by contribution 👇 🗓 April 18: The Exploit 18:21 UTC: An attacker forges a @LayerZero_Core cross-chain message, tricking @KelpDAO's bridge verifier into releasing 116,500 unbacked rsETH on Ethereum mainnet without a corresponding burn on Unichain. Within minutes, the attacker deposits 89,567 rsETH as collateral across @aave, @compoundfinance, and @eulerfinance. 18:52 UTC: Aave Guardian begins freezing rsETH across all V3 deployments. Post-18:21: UTC: Kelp executes FrozenFundsRecover, clawing back 40,373 rsETH into a controlled address. ------------------------------------------------------------------------------------ 🗓 April 20: Freezing Aave Guardian freezes WETH on Core, Prime, Arbitrum, Base, Mantle, and Linea. The collateral damage starts showing. USDC and USDT utilization rates on Aave spike toward 100% as depositors try to exit. Borrowing rates for both pools jump from ~3.5% to 14% within 48 hours — automatically, with no committee, decision or call. Combined $USDC and $USDT supply on Aave falls from $7.65 billion to $3.96 billion in five days. ------------------------------------------------------------------------------------ 🗓 April 21: First Movements The attacker moves 75,701 ETH (~$175 million) to Ethereum mainnet and begins laundering via Thorchain, Umbra Cash, and Chainflip toward Bitcoin. Lazarus Group (the North Korean hacking collective behind the 2022 Ronin hack and 2025 Bybit hack) is identified as the likely operator. ------------------------------------------------------------------------------------ 🗓 April 22: Recovery Start Arbitrum Security Council moves fast freezing 30,766 ETH (~$71 million) held by the attacker on Arbitrum One. By doing so, it recovered roughly 25% of the total drained. ------------------------------------------------------------------------------------ 🗓 April 23: DeFi United Launches Five days after the exploit, Aave service providers launch DeFi United. The stated goal: raise enough ETH to restore the 112,204 rsETH shortfall: the gap between the 152,577 rsETH in outstanding remote-chain claims and the 40,373 rsETH Kelp recovered directly. First public commitment: Lido proposes contributing up to 2,500 stETH (~$5.7 million). EtherFi proposes 5,000 ETH: a direct competitor to Kelp in the liquid restaking market, treating this as a shared infrastructure problem. Stani Kulechov, Aave founder, pledges 5,000 ETH personally. "Aave is my life's work and we're working nonstop to find the best possible outcome for users." ------------------------------------------------------------------------------------ 🗓 April 24: First Contrbutions DeFi United reaches 69,534 ETH (~$161 million) in commitments from 14 contributors. Contributors confirmed at this stage: → Aave DAO 25,000 ETH proposed → Stani Kulechov 5,000 ETH personal → Emilio Frangella (Aave VP Engineering) 500 ETH → BGD Labs (Ernesto Boado) 100 ETH → BGD Labs 250 ETH → EtherFi 5,000 ETH → Lido 2,500 stETH → Mantle 30,000 ETH credit facility → Golem Foundation + Golem Factory 1,000 ETH combined → Renzo $10M+ deployed into Aave V3 markets → Kelp DAO 2,000 ETH (Source: The Block) ------------------------------------------------------------------------------------ 🗓 April 27: The $300M milestone Consensys and Joseph Lubin announce 30,000 ETH commitment: the largest single contribution by a non-Mantle participant. "The Ethereum ecosystem has always been at its best when it moves together." → Avalanche Foundation joins. Notable: Avalanche had zero direct exposure to the exploit. → Justin Sun and TRON DAO supply $20M USDT to Aave Core V3 as a show of support. → Babylon Foundation deposits $3M USDT Aave: $2M to V3, $1M to V4. → Circle Ventures begins purchasing AAVE tokens. → Compound DAO proposes 1,900 to 3,000 ETH contribution, targeting recovery of 16,776 ETH in exploiter positions on Compound. → Solana Foundation and additional unnamed individual contributors join the fund. Total pledges cross $300 million. ------------------------------------------------------------------------------------ 🗓 April 28 / May 1: The legal complication Aave announces that clearing the attacker's Ethereum and Arbitrum collateral positions would release approximately 13,000 ETH (~$30 million) into the recovery fund. A US law firm (Gerstein Harrow LLP) files a restraining notice in the Southern District of New York to prevent Arbitrum DAO from redistributing the 30,766 frozen ETH. The argument: the attacker is linked to North Korea, making the funds potential state assets. Aave files an emergency motion to vacate the restraining notice. Its counterargument: theft does not transfer legal title, these are user funds earmarked for victims, and freezing them creates irreparable harm to DeFi markets. Arbitrum DAO opens a temperature check vote on releasing the 30,766 ETH. Within the first hour: 16.9 million ARB tokens cast in favor, zero against. Voting closes May 7. -------------------------------------------------------------------------------------- 🗓 May 8: Where it stands DeFi United is approximately 10% short of the ETH needed to fully restore rsETH backing. Aave TVL has recovered from a local low of $14.2 billion on April 26 to above $15 billion. The 30,766 ETH on Arbitrum remains frozen pending the court's ruling on Aave's emergency motion. Pending commitments still needed from: Circle, Ethena, Frax, and Kraken's Ink L2. ------------------------------------------------------------------------------------ 💡 The unresolved question DeFi's largest coordinated recovery effort in history is 90% complete. The final 10% is stuck at the intersection of on-chain governance and off-chain law. Arbitrum DAO voted near-unanimously to release the funds. A US court filed a restraining notice anyway. If the court prevails, recovered funds from future exploits can be intercepted before reaching victims. The entire recovery coordination model stops working: protocols won't freeze attacker funds if doing so makes them legally targetable. If Aave's emergency motion succeeds, it sets a precedent that user restitution takes priority over state-sponsored asset claims in DeFi recovery scenarios. Either outcome defines the rules for every exploit that comes after this one.

@BitmonkCrypto RWA infra slowly becoming unavoidable

Big things are brewing in tokenization with Ondo Finance. Here’s the quick breakdown 👇 ➟ Institutional validation just hit Ondo joined Depository Trust & Clearing Corporation’s working group (custodies $114T+) ➟ Working alongside giants like BlackRock, Goldman Sachs, J.P. Morgan ➟ TradFi x DeFi is no longer theory Real yield is now onchain STRC live on Ethereum, BNB Chain, Solana ➟ ~11.5% yield, monthly dividends ➟ Tokenized real-world assets scaling fast Ondo Perps upgrade ➟ Tokenized stocks as collateral ➟ Trade stocks, ETFs, commodities onchain ➟ Better capital efficiency unlocked Governance unlocked Partnership with Broadridge ➟ Proxy voting for tokenized equities ➟ Real ownership finally matters onchain Bigger trend is clear ➟ Visa, Meta, State Street all pushing tokenization ➟ Institutions are building, not watching Tokenization is becoming the backbone of the next cycle. Ondo isn’t just participating - it’s building the rails. #RWA #AI #Tokenization

@TGKThunders the real bet is access to cheap capital

Ever wondered what this 9.4% BTC yield actually means ??? Is Saylor staking BTC to earn yield? No. Not even close. The “yield” here is a completely different game. $BTC Yield = Increase in BTC per share Let’s break it down: Step 1: Company has 100 BTC and 100 shares → 1 BTC per share Step 2: They raise money (equity/debt) and buy more BTC Now: 120 BTC and 110 shares Step 3: BTC per share = 120 / 110 = 1.09 BTC/share That +9% increase = BTC Yield In simple terms: They’re not earning BTC… They’re accumulating BTC faster than they dilute shareholders This is Saylor's Financial engineering.

@Hakan0xNFT @quipnetwork this is way more interesting than passive staking loops

Most tokens are built to be held. $QUIP is built to be used. That’s the difference with @quipnetwork . It powers a compute marketplace where: • users pay for compute • nodes earn for providing it • every job runs through the token Real usage = real demand. It gets better. Part of the fees are recycled: → converted to stable assets → paired into liquidity → locked back into the system So activity doesn’t just generate revenue. It strengthens liquidity and reduces circulating supply. On top of that: • 1B supply • 10% for community/testnet • rewards tied to real participation (node, quests, content, vault) $QUIP isn’t passive. It scales with network usage. Are you already farming the testnet, or still watching? 👀

@ChemistDeFi My man interesting to see this design on BTC layer

Was waiting to see how Citrea would approach token design on Bitcoin… Lowkey an interesting model with 0.6% of CTR supply for participants. $CTR introduces a vote-escrow model directly at the chain level. Stake → get xCTR → direct say over emissions + treasury. What caught my attention tho: they’re allocating part of the initial CTR claims to the ctUSD Pre-Deposit Vault (live May 7). That means early positioning is tied to how liquidity and incentives get shaped from day one. Also worth noting: – 10B total supply – 60% to community + ecosystem – 12% for initial claims They’re clearly trying to align participation > passive holding. Curious to see the final allocation % for the vault and how competitive deposits get!

@Defifundamental @RallyOnChain I’d weight originality highest, then conviction, then reach wbu buddy ?

Rally Is Not Selling Reach, It Is Restoring Authorship Most Web3 marketing asks creators a transactional question. How big is the audience. How loud can the post be. How fast can the brief get copy pasted into a thread. @RallyOnChain asks something different. Did the writer actually think. Does the post sound like a real person or a template. Is there a sentence in this paragraph that no one else could have written. That single change rewires the whole creator economy. • A writer with 500 followers can outscore an account with 50,000 • Generic content gets filtered by AI evaluation, not by vibes • Rewards land on chain, with no agencies, no hidden cuts, no favoritism • Every weight, every score, every payout stays publicly visible The outcome is a community where the sharpest paragraph wins, not the biggest profile. Creators stop performing and start writing. Projects stop renting attention and start funding ideas. Rally runs on GenLayer intelligent contracts, with distribution across Base and zkSync Era, and cross chain routing through LayerZero. The infrastructure is solid, but it is not the real story. The real story is the small room of writers forming above it. People who finally feel like the work matters more than the metrics. That is the part the early ones will remember. Between reach, originality, and conviction, which one should weigh the most in a Rally score?