Mark Jeffrey

🚨 MASSIVE: @THORChain is integrating $TAO This means you’ll soon swap native BTC → native TAO directly onchain with no CEX, no wrapped tokens, no middleman. 🔁 One step: $BTC from your Bitcoin wallet → $TAO in your Bittensor wallet. This unlocks: •Deep cross-chain liquidity between Bitcoin and AI compute markets •Direct on-chain access to deAI via TAO •Massive volume potential as BTC holders enter the Bittensor ecosystem Decentralized money + decentralized intelligence = the future of crypto. Thorchain x Bittensor is a liquidity bridge between Bitcoin and AI. The AI economy just became trustless.

Hash Rate - Ep. 163: Beam SN105 - Decentralized Bandwidth 🧙 Guest: @Nic_B1m of @b1m_ai (0:00) - Intro and Beam's Mission (1:18) - Beam's Technology and Incentives (4:57) - SOC and HIPPA Compliance (15:10) - Alphanomics (28:35) - Community Trust and Future Plans (41:08) - Agent Marketing: "Business to Claw" (50:06) - Final Thoughts and Connections

I'm debating @Jason next week about TAO What is everything I need to know about TAO going into the debate? Give me the good, the bad, and the ugly please!

Mark Jeffery Bittensor Fund Podcast #187 x.com/i/broadcasts/1…

$285 million stolen from Solana's biggest DeFi protocol in 12 minutes. The attacker bridged $232 million in stolen USDC through Circle's own bridge. During business hours. Circle did nothing. And this keeps happening. Drift Protocol was the #1 perps DEX on Solana. $550 million TVL. Backed by Multicoin, Polychain, Blockchain Capital. Passed two security audits. On April 1st, North Korea's Lazarus Group drained it in 12 minutes flat. People thought it was an April Fools joke. It wasn't. The hack started 3 weeks earlier. • Attacker withdrew ETH from Tornado Cash. Created a fake token called CarbonVote ($CVT) • Seeded $500 in liquidity. Wash traded for weeks to build a fake oracle price • Socially engineered 2 of 5 multisig signers on Drift's Security Council • March 27. Drift migrated its security council. Attacker exploited the window • April 1. Listed fake CVT on Drift. Raised withdrawal limits. 31 rapid withdrawals. Done Not a code bug. Social engineering. $550 million secured by 5 people. Only needed 2 to drain it. Same playbook as Bybit ($1.5B) and Ronin ($625M). All Lazarus Group. All social engineering. The attacker is sitting on $268 million right now. 130,000 ETH. Visible on Arkham. They swapped everything to USDC. Bridged from Solana to Ethereum using Circle's own CCTP. The funds sat in wallets for 1 to 3 hours. Circle did nothing. The attacker deliberately avoided Tether. They knew Circle wouldn't freeze. But 8 days earlier Circle froze 16 business wallets tied to a sealed civil case. Exchanges and payment processors disrupted overnight. ZachXBT then dropped the "Circle USDC Files." $420 million in alleged compliance failures since 2022. Case after case where hacked or illicit funds were not frozen while other issuers acted faster. • Drift Protocol. $232M. No freeze • Swapnet. $13M. No freeze • GMX. $9M. No freeze • Lazarus Group Research. $1.56M. Late action • Celsius Protocol. $61M. Late action Drift is just the latest line on a growing list. Three independent firms confirmed Lazarus Group. TRM Labs. Elliptic. DivergSec. Codename TraderTraitor. Same unit behind the biggest hacks in crypto history. The US government has linked these thefts directly to North Korea's weapons program. The pattern is always the same. Social engineering. Compromised signers. Pre-signed transactions. Fast bridging. Slow response from stablecoin issuers. Audits don't catch this. Drift passed two from top firms. The code was fine. The people weren't. An audit is a snapshot. Not a guarantee. If a protocol can be drained by 2 people, it's not decentralized. USDC can't be neutral infrastructure while choosing when to freeze and when to look away. Pick a side.

Mark Jeffery Bittensor Fund Podcast #187 x.com/i/broadcasts/1…