BREAKING: Binance says the estimated total impact of today’s hack currently stands at $6.3 billion.
Approximately $3 billion in stolen funds have already been frozen onchain.
This leaves $3.3 billion in funds that have yet to be frozen or recovered.
BREAKING: Binance says the estimated total impact of today’s hack currently stands at $6.3 billion.
Approximately $3 billion in stolen funds have already been frozen onchain.
This leaves $3.3 billion in funds that have yet to be frozen or recovered.
my boi @0xahzam and I wrote up the stuff i discussed before regarding the borrow lend interest rate curves.
lots of details in here on the full set of curves that not only result in supplier income monotonicity, but also on how to apply additional constraints on elasticity
another key realization i had is if you a bad curve, not only can you disincentivize a depositor from depositing more during a time when you need to maximally incentivize deposits, you also incentivize EXISTING depositors to withdraw because they will make more money in total by doing so.
incredibly important property
https://t.co/iUJsJnlGj6
BREAKING: Alphabet is securing its own digital assets on Solana.
Google unveils Google Multi-Party Compute today, an institutional custody system now in private preview with major financial institutions. Commercial launch early 2027.
Temporal has appointed Michael Marcantonio CEO.
Formerly head of DeFi at Galaxy, @marcryptonio will lead our team as we continue to build the future of finance onchain. He will lead in our growth efforts across Humidifi, Harmonic, and Nozomi; what we’re building next is even bigger.
Welcome, Mike
Read more: https://t.co/CLVUVdA93y
Oh boy! This sounds awesome! (Haven’t tried it yet.) Rust is the best programming language for AIs because of the safety orientation and tooling, but the long compile times are a big limitation. This appears set to eliminate that friction!
https://t.co/GBUL7Eur5F
If there's anyone that is interested in migrating to Solana, my DMs are open.
It doesn't matter if you're a L1, L2, or app on a dying blockchain.
Reach out. Solana can support your app.