It took Ronin 6 days to notice their hack. Ankr's exploit was detected in 3 mins, and the money was lost anyway.
Faster alarms are not the fix. Bridges pay whatever address they're handed, and nothing at the point of payout checks whether that wallet belongs to the depositor.
That's the check that we published in September: https://t.co/OU1nnudKZt
If our half-naked CEO explaining crypto hacks doesn’t get your attention, we don’t know what will.
@MehowHacks took one for the team to explain why your money is naked, and how to cover its assets.
He can put his shirt back on. Your money needs a better solution.
👇
@LitecoinVM@lithiumlend This is a good feat. The non-custodial lending on LitVM is a solid step for putting LTC to work without selling. I will love to see Lithium move from LiteForge to mainnet.
LitVM is proud to announce a strategic partnership with @lithiumlend 🔥
Lithium is a non-custodial lending protocol building natively on LitVM. We’re making a strategic investment to support its development.
Lending is foundational DeFi infrastructure. For Litecoin holders, the ability to access liquidity without selling their holdings opens up an entirely new world of financial possibilities. Lithium brings that capability to LitVM: supply USDC to earn yield, or use zkLTC as collateral to borrow USDC — all through a decentralized, non-custodial lending protocol.
And that's where things get exciting for Litecoin. With zkLTC serving as native collateral on LitVM, LTC holders will be able to unlock stablecoin liquidity while maintaining exposure to their underlying Litecoin — freeing up capital to deploy across DeFi and the wider ecosystem. Already live on LiteForge testnet, Lithium is paving the way for new opportunities to put Litecoin to work.
$LTC has always been hard money. Now it's becoming productive capital too. That's Hard Money Web3.