MatthΞw (HIRING 👀) retweeted
It’s been almost three days since the @Binance hack and over the past 6 hours, it has reopened withdrawals for over a dozen assets, starting with bitcoin.
The list also includes ETH, BNB, XRP, SOL, DOGE, TRX, ZEC, SUI, AVAX, POL, ARB, GRAM, USDT and USDC.
The market reaction is pretty much flat. Total crypto market cap is sitting around $2.6T.
The list also includes ETH, BNB, XRP, SOL, DOGE, TRX, ZEC, SUI, AVAX, POL, ARB, GRAM, USDT and USDC.
The market reaction is pretty much flat. Total crypto market cap is sitting around $2.6T.
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MatthΞw (HIRING 👀) retweeted
DPRK holds approximately 420.000 ETH from the Binance hack
Ethereum Foundation has approx 170.000 ETH in its treasury
DPRK:
Ethereum Foundation has approx 170.000 ETH in its treasury
DPRK:
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MatthΞw (HIRING 👀) retweeted
Since everyone seems to misunderstand the frozen markets as risk for Aave:
It’s just a precautionary measure. dropping borrow caps to zero (effectively disabling borrowing) could have just been enough but that would have left for the attackers a possibility to supply to Aave to make it harder for asset issuers to seize stolen funds.
It’s just a precautionary measure. dropping borrow caps to zero (effectively disabling borrowing) could have just been enough but that would have left for the attackers a possibility to supply to Aave to make it harder for asset issuers to seize stolen funds.
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MatthΞw (HIRING 👀) retweeted
France's Debt Alarm Gets Louder: Fitch Cuts Outlook To Negative In Surprise Warning zerohedge.com/economics/fran…
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MatthΞw (HIRING 👀) retweeted
As a routine, proactive step following @TheTNetwork’s maintenance update on tBTC, we’ve restricted new tBTC deposits and new borrows against tBTC on Aave.
Aave’s contracts are not affected, existing positions remain unchanged, and users can continue to repay and withdraw as normal.
Once maintenance is complete, new tBTC deposits and borrows will be available again.
Aave’s contracts are not affected, existing positions remain unchanged, and users can continue to repay and withdraw as normal.
Once maintenance is complete, new tBTC deposits and borrows will be available again.
tBTC minting and redemptions temporarily paused
We have temporarily paused new BTC deposits/tBTC minting and new Bitcoin redemption requests through the Threshold app as a precaution while security maintenance is completed. Pending redemptions may still be paid on Bitcoin, but final settlement on Ethereum is paused and some transactions may be delayed.
Please do not send BTC to previously generated deposit addresses or initiate new deposit/mint or redemption operations through alternative interfaces during this pause.
If you have already deposited BTC, keep your deposit receipt and transaction hashes. Do not repeat the transaction to try to clear a pending status. You can continue checking its status in the app’s Explorer.
This pause does not affect holding, transferring or using tBTC.
We will share confirmed updates, including an estimated time for resuming normal operations when available, through Threshold’s official channels. Thank you for your patience.
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MatthΞw (HIRING 👀) retweeted
Lending and borrowing are now re-enabled on Aave following a precautionary freeze.
Withdrawals and repayments remained available throughout.
Aave was unaffected, and all positions remain overcollateralized.
Withdrawals and repayments remained available throughout.
Aave was unaffected, and all positions remain overcollateralized.
Update following the Binance incident:
All markets are now unfrozen across Aave V3 and V4.
They were frozen as a precaution after initial reports, which paused new deposits and borrows while withdrawals and repayments continued as normal.
Aave contracts were unaffected by the incident and positions remained fully collateralized.
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MatthΞw (HIRING 👀) retweeted
This is a precautionary measure, Aave Protocol was not affected x.com/aave/status/21…
We’re aware of reports of a potential incident affecting Binance-affiliated wallets.
Aave’s contracts are unaffected, and positions remain overcollateralized. As a precaution, all DAO-operated markets across V3 and V4 have been frozen.
The freeze pauses new deposits and borrows, and users can still withdraw and repay their existing positions.
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As expected.
User funds are safe.
Binance will cover all hacking losses.
Deposits and withdrawals are temporarily suspended while our team conducts security checks, freezes funds, and works with law enforcement.
We will share a full post-mortem once the investigation is complete. Please rely only on official Binance channels for updates.
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.@aave is unaffected by the Binance exploit.
As a precaution, Aave markets have been frozen. Users can continue to repay debt and withdraw deposits, but new deposits are temporarily disabled.
Aave users’ funds remain safe and available for withdrawal.
We will continue monitoring market conditions overnight and respond as new information becomes available. Normal operations will resume once conditions allow.
As a precaution, Aave markets have been frozen. Users can continue to repay debt and withdraw deposits, but new deposits are temporarily disabled.
Aave users’ funds remain safe and available for withdrawal.
We will continue monitoring market conditions overnight and respond as new information becomes available. Normal operations will resume once conditions allow.
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MatthΞw (HIRING 👀) retweeted
Integrating onchain finance should feel delightful, every step of the way. No detail goes unnoticed with the @aave team.
Aave developer docs got a refresh!
Lots of lovely details, especially love all the individual icon animations… aave.com/docs
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.@LlamaRisk has done a fantastic job at securing @aave after the broader org restructure early this year.
We enjoy working with the Llama team on the daily and excited to lead Aave’s borrow rates adjustments soon.
If you are looking for risk team support, reach out to Adam and Simon at @chainlink’s event this week.
We enjoy working with the Llama team on the daily and excited to lead Aave’s borrow rates adjustments soon.
If you are looking for risk team support, reach out to Adam and Simon at @chainlink’s event this week.
LlamaRisk team is attending @chainlink’s LINK:NYC this week.
If you’re an asset issuer, protocol team, institution, or just want to talk risk management, dm our CEO @WormholeOracle or COO @simonb_defi to book time.
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MatthΞw (HIRING 👀) retweeted
Underrated life hack... find mentors whose greatest strengths are your greatest weaknesses.
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Are you working to bring Private Credit on-chain?
We are doing just this at @Token_Logic
Reach out and lets build.
✅ No Token Needed
✅ Proof of Reserve
✅ Duration
✅ Fixed Yield
✅ Access to Credit
✅ Loan Loss Reserve support
Just some of the tools that can help 👀
We are doing just this at @Token_Logic
Reach out and lets build.
✅ No Token Needed
✅ Proof of Reserve
✅ Duration
✅ Fixed Yield
✅ Access to Credit
✅ Loan Loss Reserve support
Just some of the tools that can help 👀
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MatthΞw (HIRING 👀) retweeted
A delta-neutral strategy on Coinbase stocks, using @aave V4 on @base and Hyperliquid.
Deposit the stock on Aave, borrow USDC against it, and short the same stock on Hyperliquid.
At today’s rates, it works out to up to 11% a year, with no exposure to the stock price ↓
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MatthΞw (HIRING 👀) retweeted
“We want to dominate. Otherwise, what’s the point?”
Nik Storonsky. Revolut. One of the most hardcore and competitive founders I’ve talked to. Tomorrow!
Nik Storonsky. Revolut. One of the most hardcore and competitive founders I’ve talked to. Tomorrow!
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MatthΞw (HIRING 👀) retweeted
Nik Storonsky is one of the most hardcore and competitive founders I’ve ever talked to. He’s the founder of Revolut, a $115 billion company, and wants to be the number one bank in 100 countries.
When someone asked Nik if he was coming for Jamie Dimon's lunch, he said “I’m coming ant to dominate, otherwise what’s the point?”
He removed every VC from his board, and when one investor pushed him too far, he started his own fund to compete with them.
Nik has a lot of ideas on talent, product design, marketing, constraints, and what makes founder-led companies special.
This is a fascinating conversation about competition, speed, and building a machine-like company.
0:00 Coming for Jamie Dimon's dinner
2:04 Building the #1 bank in 100 countries
6:12 Why founders beat professional CEOs
8:45 Revolut's biggest mistake
12:47 Why legacy banks can't innovate
17:20 Running a company like a machine
20:28 Funding winners and cutting losers like a trader
23:31 How AI is changing Revolut's team structure
25:23 50 direct reports and spreading innovation fast
29:59 Hiring self-guided missiles
33:31 Too much money makes founders weaker
37:38 What Europe's constraints taught Revolut
41:08 Why VCs are like football cheerleaders
49:28 Starting a fund to compete with VCs
54:28 From zero marketing to buying Europe's airports
1:00:21 Funding moonshots like a global tech company
1:03:58 Building an unstoppable machine
Includes paid partnerships.
When someone asked Nik if he was coming for Jamie Dimon's lunch, he said “I’m coming ant to dominate, otherwise what’s the point?”
He removed every VC from his board, and when one investor pushed him too far, he started his own fund to compete with them.
Nik has a lot of ideas on talent, product design, marketing, constraints, and what makes founder-led companies special.
This is a fascinating conversation about competition, speed, and building a machine-like company.
0:00 Coming for Jamie Dimon's dinner
2:04 Building the #1 bank in 100 countries
6:12 Why founders beat professional CEOs
8:45 Revolut's biggest mistake
12:47 Why legacy banks can't innovate
17:20 Running a company like a machine
20:28 Funding winners and cutting losers like a trader
23:31 How AI is changing Revolut's team structure
25:23 50 direct reports and spreading innovation fast
29:59 Hiring self-guided missiles
33:31 Too much money makes founders weaker
37:38 What Europe's constraints taught Revolut
41:08 Why VCs are like football cheerleaders
49:28 Starting a fund to compete with VCs
54:28 From zero marketing to buying Europe's airports
1:00:21 Funding moonshots like a global tech company
1:03:58 Building an unstoppable machine
Includes paid partnerships.
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MatthΞw (HIRING 👀) retweeted
After our SEC Reg Crypto Assets letter, we've responded to @TheFCA on tokenised gold.
Same message both sides of the Atlantic: tokenisation is about collateral mobility, not just trading.
£52m of tokenised gold works as collateral on @aave. Regulatory certainty will scale it. aave.com/policy/uk-fca-…
Same message both sides of the Atlantic: tokenisation is about collateral mobility, not just trading.
£52m of tokenised gold works as collateral on @aave. Regulatory certainty will scale it. aave.com/policy/uk-fca-…
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