BMoreCrypto.hl
1.7K posts
@BMORECrypto
CEO/CIO of my family. Crypto degen circa 2017. HYPE Maxi. Pear Protocol Ambassador https://t.co/OfBL3Dr1N5
Loracle is now: Short $20,071,522.37 $HYPE Long $12,103,116.88 $BTC What does he know?
One underrated fact about this profitability stat of @pear_protocol is : a) most users are prompted to use a fresh wallet for Pear specifically so concerns that profitability is co-mingled with their general HL profitability is an incorrect take b) these profitability figures are AFTER HL taker fees + pear builder fees, so concerns about fees eating into profit are valid but if users - stake pear - get volume based rebates - stake hype - use referrals - earn HYPE rewards ( makes it super +ev) Then it is likely the real number is >50%
The Arbitrum Security Council has taken emergency action to freeze the 30,766 ETH being held in the address on Arbitrum One that is connected to the KelpDAO exploit. The Security Council acted with input from law enforcement as to the exploiter’s identity, and, at all times, weighed its commitment to the security and integrity of the Arbitrum community without impacting any Arbitrum users or applications. After significant technical diligence and deliberation, the Security Council identified and executed a technical approach to move funds to safety without affecting any other chain state or Arbitrum users. As of April 20 11:26pm ET the funds have been successfully transferred to an intermediary frozen wallet. They are no longer accessible to the address that originally held the funds, and can only be moved by further action by Arbitrum governance, which will be coordinated with relevant parties.
