CryptoSniffer

Project Research • News • Narratives & Catalys

[CryptoSniffer @CryptosSniffer]

Decentralized* (with an asterisk)

[Arbitrum @arbitrum]

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.

[CryptoSniffer @CryptosSniffer]

@DeFiTracer The ¥900.8B figure is in Chinese yuan that’s roughly $125M USD, a rounding error in a $30 trillion Treasury market. Mixing currencies to make the number sound scary is a classic FUD…

[CryptoSniffer @CryptosSniffer]

@PowerHasheur La vraie question en suspens : est-ce une faille dans l’implémentation de Kelp uniquement, ou un vecteur exploitable sur d’autres OFT… 😣

[CryptoSniffer @CryptosSniffer]

🚨 BREAKING — Kelp DAO / $rsETH exploited for $200M+
Here’s what happened:
1️⃣ Attacker funded wallet via https://t.co/WhvoOyTbun
2️⃣ Exploited @LayerZero_Labs bridge via Kelp DAO’s RSETH_OFTAdapter contract
3️⃣ Minted 116,500 $rsETH out of thin air
4️⃣ Deposited as collateral on @AaveAave
5️⃣ Borrowed real $ETH against fake collateral
Attacker address: 0x8B1b6c9A6DB1304000412dd21Ae6A70a82d60…
$AAVE already down 12%. Positions sitting at liquidation threshold.
If you’re exposed RIGHT NOW:
🔴 Watch @KelpDAO @KernelDAO for official statement

NOT officially confirmed yet — but on-chain data doesn’t lie.
Stay SAFU. 🔴
#DeFi #Exploit #rsETH #KelpDAO #Aave #LayerZero

[CryptoSniffer @CryptosSniffer]

🚨 ALERT — Kelp DAO / $rsETH potentially exploited
Multiple sources reporting an ongoing exploit on $rsETH from Kelp DAO.
💸 Estimated losses: $100M–$280M+
📉 $AAVE down 12%
⚠️ NOT officially confirmed yet

Stay SAFU. DYOR.

[CryptoSniffer @CryptosSniffer]

@waleswoosh You mean $10k, not $10, I assume. Glad I didn’t get picked for the sale 😅

[CryptoSniffer @CryptosSniffer]

Forgot MegaETH was even a thing. Another random 250th L2 ending in a mess.

[hrithik ( 히리틱 ) @hrithikk]

That's it. I'm quitting crypto.

I invested $186,282 into the @MegaETH sale and that turned into a $MEGA rug.

They took my money and locked it behind TGE KPIs they can't even reach.

I'll be lucky to get any money back. I'm done with this space.

[CryptoSniffer @CryptosSniffer]

Crypto Twitter in a nutshell 🤡
An “influencer” posts a screenshot to show how much money he’s making… but forgets to edit the liquidation price in his Photoshop.
Position: LONG
Liquidation: $111k 😂
Apparently in his universe, a long gets liquidated above the price.
And these are the same people selling VIP groups, signals, and “trading courses”.
Friendly reminder:
Most Twitter trading influencers don’t make money trading.
They make money selling the dream to you.

[MAB Observer @MABobserver]

‼️🇮🇷 Tucker Carlson sur l’Iran :

« La nuit dernière au Qatar et en Arabie saoudite, les autorités ont arrêté des agents du Mossad qui planifiaient des attentats à la bombe dans ces pays. C’est étrange. Ça n’a aucun sens.

Pourquoi les Israéliens commettraient-ils des attentats dans deux pays du Golfe qui sont eux-mêmes attaqués par l’Iran ? Ne sont-ils pas censés être du même côté ? Non.

Israël veut affaiblir l’Iran, mais aussi le Qatar, les Émirats arabes unis, l’Arabie saoudite, Bahreïn, Oman et le Koweït. Et selon lui, ils ont réussi. »

[CryptoSniffer @CryptosSniffer]

@zachxbt @WheresBroox @AxiomExchange Unroll @threadreaderapp

[CryptoSniffer @CryptosSniffer]

@jumperapp Swapaholic 🤣

[CryptoSniffer @CryptosSniffer]

@EricBalchunas unroll @threadreaderapp

[CryptoSniffer @CryptosSniffer]

@EricAvanesse @elixir Inefficiency isn’t a defense, it’s exactly why late sellers get rekt

[CryptoSniffer @CryptosSniffer]

🧵 What actually broke deUSD’s peg

1️⃣ @elixir had $68M USDC (≈65% of $deUSD reserves) lent out to Stream Finance.
2️⃣ Stream announced a massive loss + freeze; its $xUSD stablecoin depegged.
3️⃣ That puts a big chunk of deUSD’s backing at risk/illiquid.
4️⃣ Market repriced that risk → panic selling → $deUSD nuked to around $0.09.
5️⃣ This isn’t just FUD: without clear proof of reserves & recovery, a 1:1 peg is no longer credible.

[CryptoSniffer @CryptosSniffer]

@MoneyRadar_FR le 11,8 % concerne le segment bureaux des CMBS (prêts immobiliers commerciaux titrisés) en octobre 2025, le taux global CMBS (tous secteurs) est plus bas 7,5 %

[CryptoSniffer @CryptosSniffer]

@hyperlane Hi, I’d like a resolution for my failed Hyperlane transfer.
If you can fix the route quickly

[CryptoSniffer @CryptosSniffer]

#Linea activates a 20/80 split : 20% of gas burns $ETH, 80% buys & burns $LINEA.

Based on last 24h (CoinGecko, $26,708 fees/day):
• $5,342 burn ≈ 1.38 ETH/day
• $21,367 buyback ≈ 1.59M $LINEA/day

Annualized :
• 505 $ETH burned
• 579M $LINEA burned ( 3.7% of circulating supply)

More activity = more burn #Linea

[Linea.eth @LineaBuild]

The Linea ecosystem is about to become a perpetual buyer of its own token.

- Gas burns
- Native yield
- Institutional capital
- And no sell pressure from VCs or insiders

The flywheel is about to kick in. Let's break down what's coming, and how it all compounds…

[CryptoSniffer @CryptosSniffer]

@GluexProtocol @PeapodsFinance I ll never use GLUEX again scammer