
SebastianQ.eth/acc 🦇🔊🌊
12.8K posts

SebastianQ.eth/acc 🦇🔊🌊
@Sebasti04989541
Starship Enterprise











[ ZOOMER ] CME AND NYSE ARE PUSHING THE US TO REGULATE HYPERLIQUID, DUE TO CONCERNS ABOUT MARKET MANIPULATION AND SANCTIONS EVASION: BBG


The buyback is 100% programatic and non-discretionary. Every hour, the protocol collects all fee revenue and places 100 buy-side limit orders for $LIT from the current price down to -10%. No human decides when, how much, or at what price. This runs 24/7 on a fixed loop.







🚨Reflection on Two Years Exactly Two Years Ago, I wrote a thread showing how the FTX Drainer used Aggregated Swaps to funnel money to specific individuals. Five days later, they performed a Drive By on my House while I was on a Teams call for Work. I temporarily deleted my account, and parts of the thread (permanently), while I reflected on my role as an American, a Father, a Leader, and a Follower of Christ. I decided to come back to Twitter, and keep doing what I was called to do. The after affects of the decision to post that thread would eventually lead to continued exploitation of my Privacy, infiltration into my daily life, another attempt on my life, and most recently, loosing my corporate job. I've taken steps back more recently to more deeply understand what it was that I've learned since I began my account on X, what my priorities are, and how to best continue to be an American, a Father, a Leader, and a Follower of Christ, while doing my part to make the world a better place. When I began, I was ignorant of so many things, including the "who" was behind much of the corruption, and how deep it went. Never did I believe that research would lead me to individuals involved in corruption throughout various agencies, from withing Twitter (now X), and even potentially in Intelligence roles in the Military. I naively believed that Agencies in America, and the Government, would too want to rid the corruption existing on X and the Blockchain. As I sit here more recently, I question why I was led to do any of this. Why did I need to be the one to dig up corruption, and why still won't those within power, do anything to drive progress to end the corruption. Why role have I served my God? All I ever asked for is Positive progress, and yet all we've gotten is more, deeper corruption. Personally, I'm jobless for the first time since College, I almost lost my life, and I certainly lost my privacy. Yet, I refuse to be rejected and I retain my faith in God and continuing my mission to be the best me I can be, for my God, my Country, my Family, and for Humanity as this technology advances into the unknown. I might not be as bold as I've been in the past, but I left you with years of Deep research. I understand now that their are competing interests in this space. I understand that Good walks amongst Evil, masked, and that is necessary for shaping the world we live in today. It's my choice to not interfere with but rather find those I align with most, and work to do my part to spread that help in any capacity possible, that aligned mission. 🫡









THORChain incident update #1 THORChain contributors shared a new update in the dev discord regarding the ongoing incident. TLDR - Current evidence points toward a newly churned node linked to the attack, likely operated by a single malicious actor - The leading theory is an exploit in the GG20 TSS implementation, allowing vault key material to leak over time. The attacker may have reconstructed the vault private key and executed unauthorized outbound txs - Current network status: -- The network is paused after multiple node operators executed make pause -- RUNE transfers and chain observation may resume within ~12h unless decided otherwise by the nodes. -- Trading, LP actions, signing, and sensitive operations remain paused for now - Recovery discussions currently include slashing affected node bonds, using POL to absorb losses, or other community-driven solutions The investigation is still ongoing alongside THORSec and Outrider Analytics. ## Full Announcement ## Developers and THORSec have been investigating today’s incident continuously throughout the day. While new information may still emerge, I want to provide the community with an update based on what we currently know. The goal of this update is to clarify the current understanding of the situation as accurately and transparently as possible. A newly churned node, thor16ucjv3v695mq283me7esh0wdhajjalengcn84q, which entered the network several days ago, is currently believed to be associated with the attack. Developers have identified links between Ethereum addresses used to acquire and bond RUNE for this node, and Ethereum addresses that later received the stolen funds. Based on current evidence, it is believed this was conducted by a single malicious operator, though the investigation remains ongoing. At this time, the leading theory is the attacker exploited a vulnerability within the GG20 TSS implementation which allowed sensitive key material from vault participants to leak over time. By accumulating enough leaked information, the attacker was ultimately able to reconstruct the vault’s TSS private key and execute unauthorized outbound transactions. The Treasury is actively collecting forensic data and coordinating with Outrider Analytics and relevant law enforcement agencies in an effort to identify the attacker and pursue recovery of stolen funds where possible. Due to multiple node operators executing make pause, the network is currently paused. Unless further action is taken, the pause state will automatically expire in approximately 12 hours. At this time, the development team is comfortable allowing the pause to expire in order to restore RUNE transfers and chain observation activity. However, trading, signing, LP actions, and other sensitive operations will remain paused until the network and community align on a comprehensive recovery and remediation plan. The recovery process will likely require node governance decisions regarding how losses are ultimately handled. Several potential approaches are already being discussed, including: Slashing the bond of nodes participating in the affected vault Allowing Protocol-Owned Liquidity (POL) to absorb the loss Additional recovery proposals that may emerge from the broader community At this stage, no final decisions have been made. The team is continuing to work on a complete recovery and restart plan for the network. Bringing trading and full functionality back online will likely take several days, and potentially longer depending on the complexity of the chosen remediation path. We will continue to provide updates as more information becomes available. Finally, I want to thank the developers, node operators, security contributors, and the broader THORChain community for the enormous amount of work done today. One of THORChain’s greatest strengths has always been the community’s ability to come together under pressure, collaborate quickly, and solve difficult problems together.



Multicoin Capital is down over $40M on $AAVE and now appears to be selling to cut losses. Between Oct. 13 and Nov. 25, 2025, Multicoin Capital received 338,005 $AAVE($73.7M) from Galaxy Digital OTC wallet at an average price of $218. It is now sitting on losses of over $40M. Over the past 5 hours, Multicoin Capital transferred 150,000 $AAVE ($14.92M) to Galaxy Digital OTC wallet and BitGo, likely for selling. intel.arkm.com/explorer/addre…

I spent the past few days in Washington with @hyperliquidpc meeting with policymakers during the historic advancement of the Clarity Act. We discussed Hyperliquid, the benefits that it offers to American consumers, and the regulatory path to bring onchain derivatives markets into the United States. Some conversations were technical with an impressive baseline understanding of Hyperliquid. Discussions included how onchain trading is a financial innovation that has clear global user demand. Other conversations focused more on a first principles introduction to defi and the promise of onchain markets. It was encouraging to see bipartisan support for thoughtful regulation of crypto. I look forward to continuing discussions in DC and working hard to make American access to Hyperliquid a reality.


LayerZero has lost $4B in TVL after 5 major protocols migrated to Chainlink's CCIP You get hacked once and its over





