Riley

LIT breaking above $1 and holding means R:R tends to infinity

Initial reports suggest the Drift team initially met with @Ian_Unsworth at the conference

@Ian_Unsworth when

Roughly $24mm of stolen funds have now made their way to ETH mainnet and the address is 0xD3FEEd5DA83D8e8c449d6CB96ff1eb06ED1cF6C7 Here's how they're getting there: Drift exploiter has about $100m of SOL sitting in 41bx1zKN3TBmxKo2u2B63UoFNNEAejCKBftuX27G8Zr5 they recently sent 50k SOL to A91HLchoVeNKfXzffWMVnHhbbqtDi5vHEcL1TZfCMaJs and then swapped 50k SOL to USDC and then bridged to Ethereum mainnet via Circle's CCTP to a fresh address: 0xb75B4Dc40A4e3c9d988AA96DA8BAeDCAad5c6654 the address immediately swapped the USD to ETH and sent it to 0xD3FEEd5DA83D8e8c449d6CB96ff1eb06ED1cF6C7 this address appears to have been receiving ETH through other addresses with essentially identical funding methods (Bridge USDC via CCTP from Solana, swap USDC to ETH via CowSwap upon receipt) roughly $24mm of stolen funds now sit with 0xD3FEEd5DA83D8e8c449d6CB96ff1eb06ED1cF6C7

Circle's CCTP is great tech, Drift exploiter getting 1:1 bridging out

this is why we defi.

Nibbling on good names here (went to cash before entire drawdown)

Love defi man just earn 1% above risk free rate but then every 6 months you lose everything

You weren’t meant to live an uncomfortable life. $STRC

JUST IN: crypto native sentiment really bearish but institutions super bullish longterm

some people are saying that Anthropic’s Mythos model is so powerful that it can actually explain futarchy

DATs are now just exit liquidity for their chairman's other companies

chads starting to NIBBLE presumably

@maybeltr @KosmosVC congrats!

Some news: Excited to announce I've joined the @KosmosVC team as an investor. Stoked to continue backing great founders, if you're building something sick dm me!

Iran war was in the charts

Out of nearly 6,800 trading days in XLE’s history, only 41 days registered a rolling 3-month return above +40%. They are clustered into 5 episodes, almost all of which were recoveries after significant crashes. The past 3 months have been the highest sharpe XLE has ever had.

Here’s the difference: In TradFi, orders routed to lit exchanges can’t be front run. Period. If you trade futures on CME or ICE, nobody is able to step in front of your order and extract value from it. Of course, if you use a broker to trade stocks that sells your order flow, then the process becomes more opaque. But the rule is that orders must be executed within the NBBO if they are internalized and otherwise routed to the venue with the best price. This isn’t at all similar to MEV, which in many cases explicitly enables front running.

HIP-6 will be for herding IRL animals for example you stake a certain denom. Of hype and you get a Sheep/Bison farm that is franchised by the team, the profits then rollback into the Hype FDN