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Othings I will now check before depositing: • Hard limits on withdrawals/mints (has its own disadvantage) • Strong multisig (minimum 4/7) • Big bug bounty (7 figures+) • They actually monitor invariants 24/7 High APY means nothing if the protocol can’t survive an
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Stop losing money in DeFi hacks. Assume you will get hacked. AI just made it 10x easier for attackers. Only protocols with guardian wallets + a real kill switch are worth your money. The old security playbook is dead. Only the paranoids survive.
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they currently have $22.86m in TVL. stay safe guys.
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The hack looks very minor and was limited to some side contracts, not the main one. Still, please check your wallets and stay safe. Scalloped has already confirmed they’ll cover 100% of the losses.
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disclaimer: this post is not to demean any founder or any chain. polymarket as a product is so strong that chain founders are literally asking it to come to their chain, proving that a breakout app matters. we are early.
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prompt that i used, in case if you gusy are wondering.
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or maybe it's $hype, $eth, $sol, $btc.
HYPE-2,48%
ETH-2,92%
SOL-2,57%
BTC-1,98%
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if you absolutely choose not to buy anything btw, just stablemaxxing.
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every time you send your long distance girlfriend money to buy plushies or chocolate, you’re: - indirectly making Aptos deflationary - keeping it a secret from your parents do it more often. get a girlfriend first btw.
APT-2,03%
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oh the best part is, - you can only encrypt aptos coin, not other assets like usdc or usdt. so this could create buy pressure every time someone opts for confidentiality. and i think these types of transactions will also consume more gas because they likely require higher
APT-2,03%
USDC0,02%
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some say sui is dead after that - i don’t think so. i feel sui is down because the entire market is down.
SUI-1,53%
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although sui could not recover the entire amount, they recovered a significant portion and made users whole. $61m was stolen and never returned, even after cetus offered a bounty.
SUI-1,53%
CETUS-3,45%
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wiped out might not be the right term. because it’s more like people are withdrawing in panic. honestly, it’s sad to see so many defi hacks in such a short time span. there are also way too many rumors about this hack flying around. aave is completely solvent and not going to
AAVE0,35%
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you can read more about the hack here
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anyone hiring?
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protocol becoming centralised as validators leave shouldn't be a concern in the short term tbh. price action matters. whatever it takes to increase the price, a protocol should do that. bnb (a top 4 chain) has 45 validators, only. only 10 people care about decentralisation.
BNB-1,58%
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seems like they doesn’t give a f about what web3 bros or kol bros have to say about them they’re operating in a completely different league the founder seems really well connected and focused on doing his thing instead of building a discord community crazy.
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don’t underestimate it, guys. it’s scary. so scary that claude has introduced project glasswing to help secure the world’s most critical software. read more about it here
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its hard to calculate a fair valuation for an alt coin, but i feel its (aptos) fairly valued - market is dead, alt coins are dead, no liquidity, no net buyers - aptos had its last investor unlock in october, so most likely they took exit ($5.6 -> sub 1 dollar) but aptos has
APT-2,03%
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Typo : Aptos: 2.6%
APT-2,03%
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