Jdscarlett27

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This isn’t an isolated story either
THORChain, the protocol Maya forked from, lost about 10.8 million three months earlier
Same lineage, same class of risk, different specific bugs
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Six individually small cracks don’t look dangerous on their own
Chain them in the right order inside one transaction and they become one large exit door
That’s the actual lesson here
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Audits check known patterns
They don’t always catch what happens when several passing checks get combined in a sequence nobody tested together
Most poeple might not know it yet but composition risk is quietly one of the most underrated categories in DeFi security 🧘‍♂️
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Maya Protocol just got drained through six bugs stacked into one transaction
Not one flaw
Six, chained together, fired in a single move
Here’s exactly how it happened
🧵🧵🧵
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@walsxbt Municipality of Wals
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Everyone keeps arguing about whether crypto has already peaked
Meanwhile, only about 6.8% of the world owns crypto
That’s roughly 562M people out of a global population of 8B+
So more than 90% of humanity still has no crypto exposure
That changes how I look at the market
The loudest part of crypto is not necessarily the most adopted
Nigeria, India, Pakistan, Vietnam and the Philippines continue to show strong grassroots adoption while many markets dominating CT conversations remain relatively underpenetrated
The next wave doesn’t need to come from existing crypto users buying more
It can come
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Today, two token unlocks hit at once and they tell very different stories
✅YZY unlocks 120.83M tokens today, about 22.83% of its circulating supply, worth around $35.2M
✅ARB unlocks 92.65M tokens today, about 0.93% of total supply, worth around $7.2M
Same event type, very different market reaction already playing out
ARB has been sliding almost 4% over the past two days, suggesting some of the unlock pressure may have been priced in before the tokens even landed
That’s the real signal, not the unlock date itself
If a market front runs an unlock, holders may already be positioned for the diluti
ARB14.93%
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Strategy just upgraded the dashboards for $STRC, $STRD, $STRK & $STRF with metrics that go far beyond simply tracking Bitcoin exposure
✅BTC Rating
✅BTC Floor
✅BTC Floor ARR
✅Tax-Equivalent Effective Yield
✅1Y Sharpe
In simple terms, investors can now evaluate these securities based on income, downside protection, credit quality and risk-adjusted returns
The bigger picture is interesting
Bitcoin is increasingly becoming the underlying asset for financial products that can be analyzed using traditional income and risk frameworks
We’re moving from simply asking “How much will BTC go up?”
To askin
STRC1.40%
STRK7.01%
BTC8.12%
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CryptoShine:
LFG 🔥
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Stablecoins took about 3 years to hit $1B
Tokenized treasuries took roughly a year
Tokenized stocks just did it in under 8 months🤯
Institutional trust isn’t being earned slower each cycle
It’s being earned faster
Something changed and most people haven’t clocked it yet 🧵
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Harmony has now broken in three different ways in four years
A bridge hack, a staking bug, and now a 4 billion token mint out of nowhere
And this time the industry’s top investigator is refusing to help
🧵🧵🧵
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Gm legends 🧘‍♂️
I am not a prophet but one thing I am certain of is that soon most poeple will regret not buying at these prices
Bookmark this post 🤝
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Harry Chun Tak Yeh, better known as Harry Yeh, spent decades at the intersection of technology, finance and eventually crypto
Born in Hong Kong and raised in Canada after immigrating as a child, Yeh spent more than 15 years as CTO of Comet Computing from around 1998 to 2014 and later served as CTO and co-founder of several startups
His work spanned Fortune 50, 100 and 500 companies, hedge funds, internet startups and early dot-com businesses, while also actively trading stocks, options and currencies
Then in 2013, when Bitcoin was trading around $60, Yeh entered crypto
He founded Binary Fintec
BTC8.12%
L31.57%
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Gm legends 🧘‍♂️
“Confirmed” is a feeling, not a fact
Two live examples right now prove it
A soft fork that nearly split Bitcoin and a consensus bug forcing another chain to rewind three days
In crypto, even what looks confirmed can change
🧵🧵🧵
BTC8.12%
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Gm legends 🧘‍♂️
Wishing everyone a happy Tuesday
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Saylor hinted last week that Strategy was buying more Bitcoin
Now Strategy has sold 1,690 BTC for $108.6M
That’s a worrying shift in behavior
Strategy has built its entire reputation around buying and holding Bitcoin
So when it starts selling after signaling more purchases, it raises questions about what changed behind the scenes
If Strategy is starting to sell instead of consistently accumulating, that could weaken one of Bitcoin’s biggest institutional demand narratives
One sale isn’t enough to confirm a trend
But it’s definitely a bearish signal worth watching
BTC8.12%
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Wells Fargo is entering the tokenized deposits race
Banks aren’t fighting stablecoins anymore
They’re starting to copy the blueprint
Wells Fargo announced tokenized deposits for corporate clients starting this fall
The pilot will enable 24/7 USD to GBP settlement on Wells Fargo’s own blockchain, with more currencies expected to be added through 2027
This makes Wells Fargo the third major US bank moving in this direction after JPMorgan and Citi
But here’s the important difference between tokenized deposits and stablecoins
Tokenized deposits remain within the regulated and insured banking system
WFC0.04%
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CryptoSuperMessiah:
global markets have been hit hard by rising prices and rising interest
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Gm legends 🧘‍♂️
Happy Sunday
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How is your weekend going?
I just completed a 5 minutes straight hand plank position exercise
That’s how my weekend is going 🧘‍♂️
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This is really awful 😣
Places of worship should never be targeted no matter the circumstances
Good thing the culprit is already arrested
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