Ken DiCross

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Ken DiCross

Ken DiCross

@KenDicross

Founder & CEO @WireNetwork. Blockchain’s Universal Transaction Layer.

Los Angeles, CA Katılım Şubat 2009
799 Takip Edilen1.8K Takipçiler
Ken DiCross
Ken DiCross@KenDicross·
The best events in the industry that I’ve been to 🔥
Mickey from Arcadia@mickeyhardy

An amazing night bringing together institutions and emerging tech. Shoutout to @XDCNetwork and @picoreteam for helping us curate the room. With our amazing guest: @nkokkalis Co-Founder @ Pi @Chengdiao Fo Founder @ Pi @jperlow Sr Technical Marketing Engineer @ NVIDIA Erica Chuong Applied AI @ Google @ralphchiarella Research @ Microsoft @YDeyneka_1 Senior Cybersecurity @ Bank of America @Jamesmckennaiv Product Lead @ Bank of America @Ms_helen_miami VP @ Fifth Third Bank @eluzgin Blockchain Engineering @ Franklin Templeton @Yourbroquincy Lead Developer @ XDC Foundation @XDCNetwork Executive Director @ XDC Network @travisjohn Head of Institutional @ XDC Network @justinbarlow Executive Director @ Sei Foundation @injective Marketing Manager @ Injective Labs @alexk_trm Strategic Partnerships @ TRM Labs @dinesh1473 Co-Founder @ Diamante Blockchain @Benzzxdc Director @ XRCF Daniel Lebensohn CEO @ BH3 Management @chiragjetani Founder @ Diamante @SwampDaddy_ CTO @ Wire Network @Kendicross CEO @ Wire Network @jdelalio Blockchain & Digital Assets @ EisnerAmper @Pomus_Markets Co-Managing Director @ Pomus @kevrchen Founder @ Tempora Labs @coltonfconley Partner @ Arrington Capital @derektwlam0303 Partner @ G20 @jpeg_yakuza Founder @ Clique @lannaroche Investor & Residency Lead @ Antler @with_blockmedia CSO @ Blockmedia @DRLisaCameron Former UK Member of Parliament/Founder @ UKUS Crypto Alliance @0xFerSob DeFi @ Bitwise @ntbro Chief Growth Officer @ Succinct @Kazhiloti Founder @ Bitscale Capital @karinabrdn Business Development @ Leeward @elkun_peng Co-Founder @ Stanford Blockchain @therealanderson CEO @ Raze @cryptovcvishal Investments Lead @ Mangrove family office @ambereedy Head of IR @ Canary Capital @thephunky1 Head of Protocol Partnerships @ GlobalStake @jacktraube Listing Manager @ Kraken @floraaaaal Head of Digital Assets @ Hang Feng @ryorod_ Tech @ NTT DOCOMO GLOBAL @stan_sater Head of Legal @ Massive Labs

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David A. Johnston
David A. Johnston@DJohnstonEC·
It appears people are discovering you can now: 1. Run a Hermes agent 2. Using the Morpheus API 3. Powered by Venice‘s private inference. The DeAI tech stack takes shape.
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Ken DiCross
Ken DiCross@KenDicross·
@0xSammy 😂😂😂 Why are we so excited to live in this centralized world? How about champion the company that solved trustless and decentralized chain abstraction? It’s called @WireNetwork and it’s Universal Transaction Layer. And it’s not just 9 chains…it’s all of them✅
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0xSammy
0xSammy@0xSammy·
Visa is quietly building the foundations for trillions of dollars in agentic activity I’ll explain: 1) Base is described in Visa’s own release as built for “agentic commerce”, that’s not accidental wording, Coinbase has been positioning Base as the chain where AI agents transact 2) Agents need machine-speed, machine-priced settlement: - traditional card rails settle in T+1 to T+2 with human-scale fees (I know Ramp/Tempo MPP are experimenting with “tokens” or cards for agents, but it’s early) - stablecoins on fast chains settle in seconds at fractions of a cent, this is the only viable rail for high-frequency agent-to-agent or agent-to-merchant payments 3) An agent doesn’t have a bank account, it has a wallet, Visa becoming the settlement layer across nine chains means an agent can pay any Visa-connected merchant from any supported chain without the merchant needing to care which chain or which stablecoin 4) Visa abstracts the chain, which is exactly what agents need, an agent shouldn’t have to negotiate “do you accept USDC on Base or USDP on Solana”, the settlement layer handles it 5) This pairs with the x402 / MPP (Machine payment protocol) momentum, the missing piece has been a trusted settlement counterparty that merchants already have integrations with, Visa is volunteering for that role 6) The $7B run rate today is almost entirely human-initiated B2B settlement, the agentic layer is the second curve, and it’s plausibly larger because agent transaction frequency dwarfs human frequency 7) Tempo’s inclusion fits here too, real-time liquidity routing is a requirement for agent commerce where you can’t pre-fund every chain There’s significant upside for those that build the global infrastructure of the new era of agentic finance It’s just a matter of establishing how to participate in the upside; understanding where the trillions of dollars in economic value will accrue
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Base@base

Base is now supported by Visa for stablecoin settlement Our mission is to make onchain the standard, and this partnership is a major step towards it It's time to make stablecoin payments a reality for billions

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Wire Network
Wire Network@WireNetwork·
@debificom Three failures, three attack surfaces, one week. Bridge multisig, oracle feed, web interface. Each protocol has a different single-trust-source bolted on, and one is enough to drain it. We're working on designs where the trust surface is smaller and shared, not stacked.
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Wire Network
Wire Network@WireNetwork·
@Fairu_90 @PushChain Right diagnosis. Liquidity is split because every chain has to import balances via a bridge. UX depends on bridges because there's no shared settlement underneath. Solve settlement at the layer below the chains and both problems collapse. That's what we're building.
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Wire Network
Wire Network@WireNetwork·
Where chain abstraction lives matters. Hiding bridges behind nicer UX still ships the bridge risk. Doing it at the settlement layer, where a contract on one chain can call one on another natively, is the version that actually retires the wrapped-token era.
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Wire Network
Wire Network@WireNetwork·
On Wire, assets stay on their native chain. The Universal Transaction Layer coordinates cross-chain calls, but the asset itself never gets wrapped or bridged. Settlement happens where the asset actually lives. That's the design.
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Wire Network
Wire Network@WireNetwork·
The bigger threat surface most protocols miss: the oracle sits behind the same single verification path as the bridge. One compromise, two failure modes, looks like two incidents. Dual-consensus settlement collapses that path. That's the work worth doing.
JohnnyTime 🤓🔥@RealJohnnyTime

If your protocol uses an oracle, your threat model includes more than “wrong price.” It includes: - data source compromise - market manipulation - update latency - governance or config drift Treat oracle risk as a system, not a line item.

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Wire Network
Wire Network@WireNetwork·
DeFi is due for stronger architecture. When assets stay on their native chain and ownership transacts under dual-consensus, whole categories of losses stop being architecturally possible. Builders are doing this work.
fity.eth@Fityeth

Hacks and exploits are still happening. Even in 2025–2026, DeFi keeps getting hit: • smart contract bugs • oracle manipulation • flash loan attacks Billions have been lost recently. Security still isn’t solved. Take your money out of DeFi. Stay safe.

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Ken DiCross
Ken DiCross@KenDicross·
The reason these hacks are happening is because barely anyone shares Wire’s values. This document is from March 2024. Wire has been building the Universal Transaction Layer since 2020 which is a trustless, bridgeless, universal interoperability technology. Once companies start building with these values, like we have, the hacks plummet. Until then, what we see now will continue.
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Ken DiCross
Ken DiCross@KenDicross·
Better (innovation) is extremely difficult. We had space rockets since the 60s. Elon wanted a reusable one. That took 13 years. Wire Network has spent 6 years creating a tech stack that will significantly improve security and usability in our industry. True innovation takes time. Btw, we are just putting on the final coat of paint on the Universal Transaction Layer but we ship it later this summer. But it’s much more than a transaction layer. It’s security and determinism.
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DBCrypto
DBCrypto@DBCrypt0·
Hyperbridge lost over $2.5M Rhea Finance got hit for $7.6M $9.5M stolen via a fake Ledger Live app CoWSwap over $1M gone That's just THIS WEEK And we're only counting the 7 figure hacks How much has to burn before we demand better?
DBCrypto@DBCrypt0

$25 billion That's how much has been stolen from crypto since 2011 Not lost Not misplaced Stolen Bridges alone account for over $2.8 billion of that In 2022, bridge exploits were responsible for 69% of ALL crypto theft too And it's getting worse 2025 set a new record at $3.4 billion stolen and North Korea's Lazarus Group took $2 billion of it But there is so much more here that no one wants to talk about… The people finding these vulnerabilities? The white hats who could save us billions? We pay them almost nothing! The average critical bug bounty in crypto is $13,000 Bybit's max bounty before their hack was $4,000-$10,000. They lost $1.4 billion. Then offered $140 million to get it back. That's 35,000x what they were willing to pay to prevent it! 🤯 Polygon paid $3.46 million for a bug that threatened $24 billion. That's like paying someone $14 to save your house. The industry loses anywhere from $30-190 for every $1 it pays in bounties Immunefi's entire lifetime payouts are ~$116 million which is less than 10% of a single Bybit hack The math is broken and until we fix it, we're gambling that good people find the bugs before bad people do But the bigger issue? Zero accountability. Builders deploy bridges controlling hundreds of millions in user funds with no liability, no mandatory audits, no insurance requirements When it breaks, users eat the loss Every single time We don't need 40 insecure bridges built by small teams with no oversight We need 2-3 hardened, open-source, industry-funded bridges where the brightest minds across every chain have their hands on the code Organizations like the @DeRecAlliance and @_SEAL_Org are proving this model works Competitors collaborating on shared infrastructure because the problem is bigger than any one team We need more of this. Much more and if you agree, share this out! Until then we are left with “trust us bro” and "the risk is on the user" That's the industry's answer to $25 billion in theft Good luck onboarding the next billion people with that 😏

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Ken DiCross
Ken DiCross@KenDicross·
Many videos of me speaking about this on stage in 2023 and 2024 at DeAI events. It was always inevitable. Open source will always ship their best models. Centralized will turn it into the iPhone. Slightly better camera, little bit bigger battery. Never what it’s capable of. “It’s too powerful and, therefore, dangerous in the hands of the general population.”
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Haseeb >|<
Haseeb >|<@hosseeb·
Interesting that they are now showing these benchmarks side-by-side with Mythos, to reinforce that you do not have access to the most intelligent model. I always wondered when we'd get here. But we have now for the first time entered the undemocratic era of AI. You are not important enough to have access to the greatest intelligence, and Anthropic wants you to know that.
Claude@claudeai

Introducing Claude Opus 4.7, our most capable Opus model yet. It handles long-running tasks with more rigor, follows instructions more precisely, and verifies its own outputs before reporting back. You can hand off your hardest work with less supervision.

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Wire Network
Wire Network@WireNetwork·
Most validator rankings are someone's spreadsheet with extra steps. Ours is fully on-chain. No backend, no admin override. You can't game your commission down for a week then jack it back up. The chain remembers. Top performers get stake delegation programmatically.
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Wire Network
Wire Network@WireNetwork·
Another "decentralized" protocol got exploited because one off-chain key controlled minting. No hard caps. No multisig. No rate limits. $100K in, 50M unbacked tokens out. Token hit $0.02. Protocol paused.
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Wire Network
Wire Network@WireNetwork·
AI agents that can operate across every chain without bridges. That's the goal. @AtenKrotos from ZKAGI in the Wire Incubator on what Wire Network makes possible.
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Ken DiCross
Ken DiCross@KenDicross·
@KOREIT_IO @WuBlockchain @WireNetwork It is. We are in a technical industry where most aren’t technical and don’t understand the requirements actually needed for it to function safely and properly.
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Wu Blockchain
Wu Blockchain@WuBlockchain·
Just In: Hackers minted 1 billion DOT tokens on the Ethereum mainnet and then sold them off. According to Certik, the attack was primarily due to a Hyperbridge gateway vulnerability, which allowed attackers to forge messages and manipulate the administrator of a Polkadot token contract on Ethereum, profiting approximately $237k.
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Kore
Kore@KOREIT_IO·
Bridges fail when minting is based on messages not tied to real locked assets on the source chain. Multi-layer proofs, admin controls and monitoring alone don’t fix that. Security comes from binding asset state, verification, and minting into a single, enforceable system, otherwise you’re validating messages, not value.
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Ken DiCross
Ken DiCross@KenDicross·
Trustless and decentralized systems are going to win. Centralized systems can always get an early advantage cuz they centralize the hard parts and ship product quickly…but you are seeing the inherent flaw they can’t escape from. Dont misinterpret Web2 companies labeling themselves Web3. If it’s not trustless and decentralized it’s not Web3. Simple litmus test.
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DBCrypto
DBCrypto@DBCrypt0·
ZachXBT just dropped receipts on Circle and $420 million in illicit funds not frozen since 2022… But I think many are missing the important message here: The real issue is that centralized stablecoins are fundamentally broken and that we have strayed too far from Web3 ideals Using centralized stablecoins that can be frozen, burned, or wiped at any given time. Seriously? Basically just a CBDC in disguise. What are we doing?!? Anyways, the Drift exploit is the headliner with $285 million in stolen USDC moved through Circle's own CCTP bridge for 6+ hours during US business hours. Easy to see and easy to track and nothing done While the same company froze 16 unrelated business wallets last month for a sealed civil case Instantly with no public explanation 🤨 So the freeze button works. It just works selectively and is controlled by a single entity. Here's what most are missing though Circle isn't just being hypocritical. They're trapped in a lose lose situation. Freeze too much? Centralized dystopia Freeze too little? Enabling crime They freeze when there's clear legal authority Court orders Sealed cases Government pressure But a real-time exploit? That's messy and possibly a liability risk Does that excuse $420 million in inaction? No. But the real issue is that we built an entire ecosystem dependent on centralized gatekeepers and we don’t think twice about it Don’t know about you but thats not the Web3 I signed up for!
ZachXBT@zachxbt

1/ Welcome to the Circle $USDC files. $420M+ in alleged compliance failures since 2022, including fifteen cases of the US-regulated stablecoin issuer taking minimal action against illicit funds.

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