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1/10🧵 🔥 WOW, TOKYO BEAST is a Game-Changer! A tweet-thread about it🔥 Just stumbled upon an article on Medium about this new crypto project called @TOKYOBEAST_EN by producer Naoki Motohashi. I've gotta say—I am HYPED. 🚀

Risking $900 to make $90 in 1 minute: Good or Bad? Risked $900 in today’s EPL match on @Polymarket right at the end. As soon as Man City scored the 3rd goal, I went with Under 3.5 Goals. Won the trade, but honestly... probably not doing this again. The mental pressure during those final moments was crazy. One random extra goal and the whole $900 was gone. Made $90, but the stress didn’t really feel worth it. Curious though, would you guys take this kind of risk for a quick 10% gain?

@reflectmoney Yo, there really is no path forward for you and Reflect unless you have resolved previous depositors’ problem.

@reflectmoney The only rebrand you need is the one from Reflectmoney to Refundmoney

@ExponentFinance @SolanaEvents @lui1of1 Guys, please give us an update from your side because Refloct team is quiet about USDC+ that locked at exponent

Exponent is in Miami this week, attending: - Digital Asset Yield Summit: today - @SolanaEvents Accelerate on Tuesday - Real Yield Summit on Wednesday If you're an asset issuer or fund manager, reach out to @lui1of1 to connect with our team and talk about the future of onchain asset management

@reflectmoney What about exponent?

Drift published their recovery plan today, and we wanted to move quickly to give USDC+ beta holders clarity on what it means from the Reflect side. If you held USDC+ at the time of the April 1 exploit, the most important thing to understand is that your path to claiming looks different from a direct Drift depositor. USDC+ holders don't have individual Drift accounts in their snapshot. Reflect's vaults were the depositing addresses, which means when Drift issues recovery tokens, they are allocated to Reflect first and need to flow downstream to the people who actually held the position. We anticipated this early, and we've had a claims portal designed and ready to bridge that gap, so that USDC+ holders can redeem for the Drift recovery token through Reflect without ever needing to interact with Drift directly. When their claim window opens, targeted for Q2 2026, we plan to be live as early as possible so there are no unnecessary delays on our end. USDC+ is how you access your claim, with the portal mapping your holdings to a proportional share of recovery tokens based on the snapshot taken at protocol pause on April 1. We are in regular contact with the Drift team and actively engaging on the governance decisions ahead that affect downstream protocols. Since April 1, this team has been focused on one thing: making sure that when the recovery path opens, every affected USDC+ beta user has a clear, fast, and informed route to their claim. We believe that ecosystem collaboration matters most in moments like this, and our priority is achieving the strongest possible outcome for the people affected. That means more than just passing through a recovery token. We expect to share more on what that looks like in the coming weeks, and we want to thank everyone who has been patient with us while we've worked through this. It has not gone unnoticed. The full details of how Drift's recovery token works, how the recovery pool is funded over time, and what the trade-offs around early versus later redemption look like are all covered in their post. We'd encourage reading it carefully. Link below.

@DriftProtocol @0xNIC0 @reflectmoney give us an update!!!!

We told our community we would find a path to recovery. This is that path. Today’s update covers: how users will be compensated and how the exchange is being rebuilt.

@KaspaDAO Still not dead?

If you want to setup an LP on any of the DEX’s on Igra mainnet then this is the official contract address for KDAO on igra: KDAO CA on Igra: 0x2f4A406aF8e74D8306278db72607f6E7D262f95C

@reflectmoney @0xNIC0 Any news regarding exploit?

@0xNIC0 @DriftProtocol Hope we will get our funds back, regarding that’s only 1.9 mil$

Wow. Significant step forward for @DriftProtocol and all downstream affected parties, today accelerates a meaningful pathway to recovery. There is still a long road ahead and many things aren't clear yet, but we are on this day and night to get further clarity wrt USDC+. Inspiring to see @tether align with the Solana ecosystem, entering in a moment where many others wouldn't and with heavy conviction.

@circle We don’t need usdc, We only need $USDT, F*CK CIRCLE!

The business model behind USDC matters because trust in digital money starts with how it works. Hear Jeremy Fox-Geen explain it directly.

@Scheggia_1978 @circle @tboypod @jerallaire #fuckcircle

@circle @tboypod @jerallaire Honestly, after your FUCK up with Drift, I am holding USDT all the way! Not sure if you notice, you are the villain that let the hackers go away with the money and Tether is Jesus F Christ and save the day....

How do you build a digital dollar at internet scale? In this conversation on @tboypod, @jerallaire talks through: → The vision behind USDC → Why building trust through durable infrastructure matters → What it takes to build financial infrastructure for the internet-native economy

@circle @tboypod @jerallaire $USDT on top

@tether @DriftProtocol @SolanaFndn BYE BYE @circle #fuckusdc

When the industry faces challenges, Tether steps up. 🛡️ We are leading an up to $150M recovery plan alongside the @SolanaFndn to support user recovery and safely relaunch @DriftProtocol Watch the video to see how we're protecting the community and expanding $USDT on Solana. 👇

Tether Leads Support to the $150M Drift Recovery Plan, Stabilizes Relaunch as Drift Plans to Expand USD₮ Usage on Solana Read more: tether.io/news/tether-le…

@0xNIC0 @reflectmoney ZERO info about refund!!

A lot of questions have come in about USDC+ and single-venue allocation. Given everything that's happened, it's worth walking through the reasoning directly. What follows is personal, not an official statement from Reflect. Every architectural decision at Reflect starts from one principle: the protocol does not take custodial control over user assets. Full stop. That principle is what led to single-venue allocation for USDC+ beta, and the reasoning is important to understand. Distributing collateral across multiple venues means rebalancing between them. The question is: who does the rebalancing and on what basis? If the team moves collateral between venues at its own discretion, that action starts to look like custody. It doesn't matter what the smart contracts say if the team is the one deciding where funds sit. This isn't a theoretical distinction. The SEC recently clarified that DeFi interfaces operating in a non-custodial, non-discretionary manner may operate without broker-dealer registration, while those that exercise discretionary control over user assets fall inside the regulatory perimeter. Where a protocol sits on that line matters, and it informed how Reflect was built from day one. I was not willing to cross that line. The standard was that rebalancing must happen permissionlessly, on-chain, driven by allocation weights determined through independent risk analysis rather than the team's own judgment. That required the smart contract infrastructure to support multi-venue routing, and an independent risk framework to inform the allocation decisions. This is not the easy path. But I believe it's the right one, and that the space will ultimately move in this direction. Both remain a core focus for the team. Drift was the lending venue that USDC+ launched on. Moving collateral away from it to another venue after launch would have been the same kind of discretionary team action over user assets that the entire architecture was designed to prevent. None of this changes the outcome for the people affected, and I understand that. Building with conviction doesn't guarantee the outcome. I'm not sharing this to explain away what happened. I'm sharing it because the people who used Reflect beta deserve to understand the architecture and the thinking behind it. Building the right way is slower. It's harder. But I didn't start Reflect to take shortcuts. More to come. Official updates through @reflectmoney.

@reflectmoney So where refund?

Confirmation of Impact WRT Drift Protocol Incident Over 20 Solana protocols with downstream exposure to Drift were affected. Reflect was among them. How this affects Reflect Beta users USDC+ collateral was allocated to Drift as its lending venue. As a result of the exploit, USDC+ collateral deployed to Drift was impacted. The approximate value of USDC+ collateral allocated to Drift at the time of the incident was ~$1.9M. USDT+ was not affected. USDT+ operates on Reflect’s newer venue routing framework, which distributes collateral across multiple venues, and had no exposure to Drift at the time of the incident. Minting and redemptions for both USDC+ and USDT+ were paused immediately after detection of the exploit. Immediate Actions Taken The team has been in active daily contact with legal counsel, law enforcement, and the Drift team regarding the situation since the day of the incident. Beyond the immediate response, the team is conducting an extensive review of all available options with counsel. This includes monitoring developments around Drift’s own recovery and remediation process, law enforcement proceedings, and third-party recovery efforts underway across the ecosystem. We are not in a position to make specific commitments at this time, but we are taking this seriously and evaluating every avenue available to us. We expect to provide a further update within two weeks. Relaunching Reflect Reflect’s relaunch will follow the completion of a thorough, public review of all yield venues on the Solana network. This review will go beyond conventional smart contract risk and will cover vectors that are not always visible to end users, including multisig configuration changes, admin key activity, governance parameter modifications, and other operational risk factors that this exploit has shown are critical to monitor. We will not relaunch products until this process is complete and we are confident in the protections in place. Where to follow updates All official updates will be shared through @reflectmoney and @0xNIC0. Do not trust information from any other source.

@reflectmoney @0xNIC0 Can you please give us an update regarding drift protocol and anything about your next steps? 4 days and still no info! Should we give up with our refunds in USDC+?

yeah but you were signing through systems where you were downloading and running all this software from people you barely knew. you probably were authorizing all of this through your working laptop. and as if that wasnt bad enough. you dont have hash verification for signing messages otherwise you would have known that the message you signed was malicious. @cindyleowtt @tracybbd you guys are amateurs and if htis is not proof of criminal negligence i dont know what is.

@airseller0 We cannot replace everything that concerns medicine

We have entered the era of Ai, when computer can replace many human skills With just one prompt and you can create an image, one prompt and you can generate whole research document, one prompt and you have full marketing plan for you business or whatever. Whether it’s crypto, e-commerce, SMMA, or anything else, AI can help with it. But which skills still matter? Which ones can’t be replaced?

@BrandRisk @adinross

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