Biaf
293 posts

Biaf
@biafffff
Growth at @kpk_io, previously @paretocredit, @idlefinance, @Citi. Making pasta at @SpaghettETH🍝




Introducing the USDC Bridge. A direct way to move USDC crosschain. Built and operated by Circle, USDC Bridge gives you a predictable, transparent way to move USDC between chains: → Native burn-and-mint transfers → Clear fees upfront, with live status and progress → No route selection. No bridge complexity. → Destination gas handled automatically Move USDC. That’s it. bridge.usdc.com



Users should revoke all approvals made on CoW Swap after 14:54 UTC today. Tools like revoke.cash make this easy to do.









Yesterday we hosted the Institutional Ethereum Forum in NYC. A private, closed-door, invite-only for institutional execs. $250T+ in combined assets represented. Attended by leaders at: → DTCC → Swift → Euroclear → BlackRock → Morgan Stanley → Fidelity → JPMorgan → State Street → Mastercard → Visa → Stripe → PayPal → Nasdaq → LSEG → Broadridge → S&P Global → Moody's → Microsoft → EY → Invesco → Franklin Templeton → T. Rowe Price → Baillie Gifford → CoinFund → WisdomTree → VanEck → U.S. Bank → Western Union → Paxos → Consensys → Aave → Uniswap → Chainlink → Securitize → Ondo Finance → Paradigm → a16z → Dragonfly → Anchorage Digital And many more. Co-hosted by our friends at → @aave → @zksync → @arbitrum → @Optimism → @chainlink The institutions aren't coming. They're here. Ethereum.

Update on the Resolv situation. TLDR: kpk's vault architecture worked as designed under real stress. We detected the risk, paused new allocations, and the vault exited automatically the moment liquidity became available. The withdrawal queue design proved itself without requiring any manual intervention. All Ethereum funds fully recovered. Zero loss to depositors. Following the USR minting exploit on Sunday, our Morpho USDC Yield vaults on Ethereum and Arbitrum had limited exposure to the RLP collateral market. When the risk was detected, we immediately set the risk tolerance on the affected market to zero and blocked new allocations. The vault's withdrawal queue was configured to recover the position automatically as soon as liquidity returned. That's exactly what happened. The moment a borrower repaid, a depositor's redemption cascaded through the vault's withdrawal queue, recovering the full amount. Same block, no manual intervention needed. The vault's architecture handled the exit. Result: all Ethereum funds fully recovered. Zero loss to depositors. Concentration limits had already capped our maximum exposure to the market. This is a core part of how we curate: when an individual market fails, the loss ceiling is set at inception, not determined by the speed of the response. Deposits into the Ethereum Yield vault have been re-enabled. The Arbitrum Yield vault is still paused, with ~$1k remaining exposure to Resolv markets. Withdrawals were available to depositors throughout, across both chains. Where we go from here We're using this as an opportunity to strengthen our monitoring and emergency response processes. This includes enhanced oracle divergence monitoring, faster automated exit triggers, and tighter integration with onchain security alerting services. Full documentation of our vault risk framework, including how caps, tiers, and agents work: docs.kpk.io/vaults

Update on the Resolv situation. TLDR: kpk's vault architecture worked as designed under real stress. We detected the risk, paused new allocations, and the vault exited automatically the moment liquidity became available. The withdrawal queue design proved itself without requiring any manual intervention. All Ethereum funds fully recovered. Zero loss to depositors. Following the USR minting exploit on Sunday, our Morpho USDC Yield vaults on Ethereum and Arbitrum had limited exposure to the RLP collateral market. When the risk was detected, we immediately set the risk tolerance on the affected market to zero and blocked new allocations. The vault's withdrawal queue was configured to recover the position automatically as soon as liquidity returned. That's exactly what happened. The moment a borrower repaid, a depositor's redemption cascaded through the vault's withdrawal queue, recovering the full amount. Same block, no manual intervention needed. The vault's architecture handled the exit. Result: all Ethereum funds fully recovered. Zero loss to depositors. Concentration limits had already capped our maximum exposure to the market. This is a core part of how we curate: when an individual market fails, the loss ceiling is set at inception, not determined by the speed of the response. Deposits into the Ethereum Yield vault have been re-enabled. The Arbitrum Yield vault is still paused, with ~$1k remaining exposure to Resolv markets. Withdrawals were available to depositors throughout, across both chains. Where we go from here We're using this as an opportunity to strengthen our monitoring and emergency response processes. This includes enhanced oracle divergence monitoring, faster automated exit triggers, and tighter integration with onchain security alerting services. Full documentation of our vault risk framework, including how caps, tiers, and agents work: docs.kpk.io/vaults


0/ The Ethereum Foundation continues to explore DeFi as part of its treasury strategy. In Oct 2025, EF deployed 2,400 ETH + ~$6M in stablecoins into @Morpho Vaults V1. x.com/ethereumfndn/s… Today: another 3,400 ETH into Morpho, where 1,000 ETH in Morpho Vaults V2. Why Morpho? 👇

Voices of the #shift 🎙️ Francesco Bianchi @biafffff is coming to CTRL/SHIFT. Co-founder of @SpaghettEth. Head of Sales at @kpk_io. In crypto since 2019, which in DeFi years is roughly equivalent to a PhD and three near-death experiences. He'll be getting into where DeFi is actually heading, compliance, RWA transparency, the shift toward fixed yield. The parts of the conversation that matter more than the current noise suggest. 🎟️ Tickets: luma.com/hfs5ijms 📷 Info: ctrlshift.events










