Rainfire.btc

$VELAR today - - Coingecko has listed @VelarBTC among its list of Perpdexes (currently in top gainers in that list). - Trending across CoinmarketCap, Dexscreener and Coingecko. - Up 300% today (went up 1000% at peak) and rising. The era of PerpDex on Bitcoin is here.

Velar PerpDEX Exploit – Community Update At the end of January 2026, Velar PerpDEX liquidity pools on both the Stacks and Mezo ecosystems were exploited through coordinated wallet activity that targeted an edge case in the protocol’s trading mechanics. This activity resulted in unauthorized extraction of funds from affected liquidity pools. Our investigation identified a large cluster of attacker-controlled wallets interacting with the protocol: •Stacks: 240+ wallets involved in coordinated exploit activity •Mezo: 50+ wallets involved in coordinated exploit activity On the Stacks chain, funds were consolidated into a primary wallet before being bridged out, with 29 identified bridge withdrawal transactions related to this matter. These assets were subsequently bridged to Ethereum and further dispersed into mixers. On the Mezo chain, a similar pattern of coordinated wallet activity and cross-chain fund movement was observed by same set of exploiters, with assets ultimately bridged to Ethereum as part of the attacker’s exit flow into same wallets used for stacks exploit. Following the incidents, we initiated a detailed internal investigation across both chains. Through transaction tracing, wallet clustering, and cross-chain monitoring, we have mapped key flows of funds and identified primary consolidation wallets and bridge destinations. We have formally filed a complaint with the FBI’s Internet Crime Complaint Center (IC3) to ensure proper law enforcement visibility, identification of exploiters, evidentiary preservation and funds recovery. We are working closely with the Stacks and Mezo teams, along with blockchain analytics and transaction monitoring partners, including coordination with mixer-related intelligence sources, to trace the movement of funds and identify associated wallets across chains. All relevant transaction data, exploit wallet clusters, and bridge activity have been preserved and are being actively monitored as part of the ongoing investigation. This remains an active situation, and we will continue to share meaningful updates as progress is made.

20m $BTC

@thehawkeyex The reason Gujarat is one of the most developed state in the country!

Did you see this which parts of India didn't have any pro-Khm "protests"? 🙂

@BitlayerLabs @CharlieHusats @APompliano 🟧

At Bitcoin Investor Week 2026, Bitlayer co-founder @CharlieHusats joined @APompliano to outline the next chapter for @BitlayerLabs. Key takeaways from the conversation: 🔸 A trust-minimized bridge built to scale Bitcoin’s L2 ecosystem securely 🔸 Sustainable, battle-tested DeFi yield for long-term Bitcoin holders 🔸 YBTC, designed to unlock Bitcoin’s potential as collateral — enabling users to lend, borrow, and release liquidity into the market 🔸 80% reduction in operational costs through AI — shipping faster, leaner, and sharper We’re not just building through the cycle. We’re building for the long haul. Stay patient. The best is yet to come. 🧱⚡️ More details: youtu.be/uHc-0c133L0?si…

@flightradar24 what about Fujairah?

Daily airport movements (take-offs or landings) at Dubai International Airport. Yesterday (Tuesday), we tracked almost 100 movements — 4–5 times more than on Monday, but still below 10% of normal traffic levels.

“monitor the situation” is going to be the phrase of the year 2026

Praying for health and safety of everyone based in Dubai and all other cities in middle east.

@Keshav_Lohiaaa because it was built without hurry, unlike most other infrastructure projects in the country.

Bangalore t2 is the best airport in the world!! But amusing how american chefs and restaurant chains use it for their first Indian outlet. Wolfgang puck opened his 1st outlet at the airport! The vibes are unbeatable - even restroom walls lined tastefully w old airindia posters

Lesssgooo

@camoufurage 100%! ETH move to PoS killed crypto!

lets be real ethereum wouldve hit 12k had the chain stayed on PoW very few understand

"History Doesn't Repeat Itself, but It Often Rhymes". Ethereum's move to PoS is the worst thing that happened to Global Financial World since 1971, when Centralized Financial system moved away from the Gold standard. Both these events have uncanny similarities, lets dig in🧵

@herogamer21btc @VelarBTC @StacksEndowment will confirm

@VelarBTC What’s the total value $ USD affected?

Velar PerpDEX Incident – Official Technical Update Key points upfront - - This was not a smart contract hack. - All smart contracts are safe. - The issue affected only Velar PerpDEX liquidity pools, not Dex liquidity pools. - Traders are safe and unaffected. - LP funds were compromised. - No open user positions or traders balances were compromised. --- Additional Technical Clarification on the Velar PerpDEX Incident Velar PerpDEX uses the Pyth Oracle on Stacks, which operates on a model where a price update is submitted every time a transaction is initiated. Each submitted price is verified on-chain using a timestamp, and the oracle contract enforces that any new price must have a newer timestamp than the previously submitted price. There was no additional staleness validation beyond this timestamp check in our system. Under normal conditions, where multiple users are actively trading, this mechanism functions as intended because frequent transactions continuously refresh the oracle price. During the incident, user activity on the platform was extremely low. This created an edge case where a single actor was able to interact with the system in isolation. In this scenario, the exploiter was able to: - Receive two oracle prices with different, sequential timestamps. - Predict price movement due to the absence of other transactions refreshing the oracle. - Open a position using a known price. - Close the position using a second known price with a newer timestamp. - Capture a small, deterministic profit. This was not a single event, but a slow, repeated process, executed via small trades across multiple wallets, which made the activity blend into normal pool fluctuations. --- Actions taken - The exploit path has been fully identified. - Additional oracle safety checks are being added to prevent reuse of known prices, especially during low user activity periods. - More detailed analysis will be shared soon. --- Final note This was a design edge case under extremely low user activity conditions. We will be addressing it directly and transparently, and will continue to harden the system as Velar scales.

Hello everyone, kindly avoid trading on Velar perpdex for time being. Due to an oracle price feed issue, some user has started draining our Perpdex LP pools recently, thus we are withdrawing liquidity out of the perpdex pools temporarily. This issue is limited to perpdex only, Velar Dharma dex is working fine. We are coordinating with @Stacks as the foundation have put majority liquidity and they are withdrawing it temporarily as we speak till we resolve it. We have also found a solution and are working to resolve it asap.

@bitcena @pzet2435 @visionsbtc x.com/rainfire09/sta…

@pzet2435 @RainFire09 Hey @visionsbtc can you help reach out to Velar team? We know you're no longer with them but you're close with the founders and they've been radio silent since the initial buyback last Nov and didn't follow the monthly schedule, also no news on staking rewards for months now

A whale is still a whale, not the ocean.

Hey, apologies for delayed response was away from twitter. The entire btc and stacks ecosystem has negligible users and thus very low revenue for now, until it revives, we will continue with buy backs on quarterly basis instead of monthly basis. Will share update from Velar too along with other updates.

@RainFire09 Are you going to communicate with the people who have always supported Velar? This attitude is quite rude.

@narendramodi @KremlinRussia_E Billions*

Presented a copy of the Gita in Russian to President Putin. The teachings of the Gita give inspiration to millions across the world. @KremlinRussia_E

@elonmusk 👀

Interview with Nikhil