Magnet

Israeli Channel 12 reports at least three buildings have been completely destroyed in Tel Aviv. One missile directly struck the area, Israeli authorities stated.

JUST IN: 🇮🇷 Iran confirms Intelligence Minister Esmaeil Khatib has been assassinated by US-Israeli strikes.

Earlier today, a user attempted to buy AAVE using $50M USDT through the Aave interface. Given the unusually large size of the single order, the Aave interface, like most trading interfaces, warned the user about extraordinary slippage and required confirmation via a checkbox. The user confirmed the warning on their mobile device and proceeded with the swap, accepting the high slippage, which ultimately resulted in receiving only 324 AAVE in return. The transaction could not be moved forward without the user explicitly accepting the risk through the confirmation checkbox. The CoW Swap routers functioned as intended, and the integration followed standard industry practices. However, while the user was able to proceed with the swap, the final outcome was clearly far from optimal. Events like this do occur in DeFi, but the scale of this transaction was significantly larger than what is typically seen in the space. We sympathize with the user and will try to make a contact with the user and we will return $600K in fees collected from the transaction. The key takeaway is that while DeFi should remain open and permissionless, allowing users to perform transactions freely, there are additional guardrails the industry can build to better protect users. Our team will be investigating ways to improve these safeguards going forward.

Sure kiddo! You got a GIANT pile of 50 million magic coins (USDT). You wanna trade EVERY single one for cool AAVE superhero cards at the swap machine. The machine yells: "Huge order! Box is empty—you'll get almost ZERO cards cuz price goes crazy bad!" You tap "OK I know" on your phone anyway. You walk away with just 324 cards. Machine people say "oops sorry" and give back $600K of the fee they kept. Big lesson: Don't swap HUGE piles without checking! DeFi lets you, but it can hurt.

Trade Update 📊 Feb 28: $XRP Long: +$110 $XRP Long: +$15 Mar 4: $XRP Long: +$65 Mar 5: $XRP Long: +$35 $XRP Long: +$30 Mar 9: $XRP Long: +$40 Mar 10: $XRP Long: +$40 $XRP Long: +$15 $XRP Long: +$15 $XRP Long: +$40 Total: -$21,820 USD Chipping away boys. - 🧲

Trade update 📊 Feb 15 $WLFI Long: -$35 Feb 16 $XRP Long: +$115 $XRP Long: +$35 $XRP Long: +$55 Feb 17 $XRP Long: +$30 Feb 25 $XRP Long: +$80 $XRP Long: +$45 Feb 27 $XRP Long: +$55 Net on this stretch: +$380 Total: -$22,225 Slowly chipping away. XRP doing the work. - 🧲

If you've eaten so much that it's not healthy to eat more and you don't want to eat more, and you still eat more anyway "to finish the food", then you are just using your mouth as a garbage can.

Trade update 📊 Sold my $XRP for +$825. Running total now: -$22,620 Slow grind back begins. Scalp mode activated. Will look to re-enter on a pullback… if the market gives one. - 🧲