BubbleStocks Security Update
ISSUE RESOLVED ✅
We experienced an incident involving unauthorized access to our server infrastructure, which exposed our backend wallet keys.
The attacker stole $176.71 before we contained the incident. Through our response, we secured assets and liquidity positions with an estimated combined market value of approximately $65,000 at their respective transfer times.
We secured ownership, associated fee rights and assets;
To prevent further damage, we temporarily took the website offline and stopped backend operations while securing the affected assets.
We have since rebuilt our server infrastructure and introduced additional security measures.
One issue remains: unmigrated tokens on the original bonding curves still have fee permissions accessible through the compromised keys. We have removed these launches from our website. Removing them from the interface does not revoke those permissions or disable the underlying contracts.
Before bringing the platform back online, we took a SNAPSHOT of holders of the affected tokens and of $BUBBLE holders. These snapshots will be used for an AIRDROP to apologize for the disruption and recognize the community members who continued to support us throughout the downtime.
We take responsibility for protecting the infrastructure behind BubbleStocks. We are sorry for the disruption and the concern this incident caused.
Our protocol is young, but our community has already shown incredible strength. Thank you for your patience, trust, and support while we worked to contain the incident and prevent a larger loss.
We dodged a bullet, and we’re taking the lessons seriously.
Back to building bubbles. 🫧
the binance hacker just did something genius and it should scare you
tether froze $1.5 billion in stolen USDT. circle froze $800 million in USDC. everyone's celebrating like the problem is solved
meanwhile the hacker deposited the stolen USDT on aave, borrowed ETH against it, and walked away. because USDT can be frozen. ETH can't
he's never paying it back. he doesn't need to
tether and circle just proved they can freeze billions in seconds. and the hacker just proved that if you know how defi actually works, none of that matters
the freeze saved some of the money. but the smartest money was already gone before anyone pressed the button
1/2 BubbleStocks launch recap 🫧
After winning first place 🥇 in the Best Use of Meteora DBC track at @solana’s STOCKLANA Hackathon, sponsored by @MeteoraEco, we’re using our platform token $BUBBLE as a case study to show how BubbleStocks’ custom DBC and multipool migration work in practice.
SUMMARY RECAP 🫧👇
The main numbers:
Starting market cap: $10,312.50
Graduation market cap: approximately $165,000
Quote reserve target: $33,000
Time to migration: 8 minutes
80% of collected canonical position fees is allocated to growing stock liquidity. Those stock positions earn trading fees that support USDC reflections for holders.
Multiple memes launched via BubbleStocks can build positions in the same stock pools, deepening shared liquidity while keeping their rewards separate.
Canonical BUBBLE/SNAP trading volume: $360,458.72 in less than 24 hours.
Stock liquidity deposits in dammV2: approximately $15,082.52 TVL across SNAP/USDC and GMEx/USDC, including subsequent compounding.
DBC fees claimed by our partner wallet: 428.049861 SNAP ($2642.69).
Cumulative BUBBLE supply reduction by Buybacks & Burns (turned on later): 1,458,325.365291 tokens.
The transactions and full breakdown are in the comments below.
Launch coins. Grow bubbles. 🫧
GBubble🫧
We fixed issues regarding locked liquidity for solana:J4VRWRA5xHnL8T36wUykXqy5vgeUYa6MaF2gVDELkora and all launches on https://t.co/3rwx1HaSJN. From now on all meme/stock liquidity is locked forever, stock/USDC liquidity stays unlocked for future DeFi applications like lending, borrowing, perps etc.
We migrated all liquidity from shared stock/USDC pools into our own damn V2 pools. All launches will contribute to that now via compounding liquidity.
We fixed the 50% revenue buybacks and burns which now regularly will run every full hour.
We fixed some FE issues APY, TVL, FEES now showing correctly.
Let's check out how big we can grow BubbleStocks on-chain🫧
more to come!
The lore started with a tx to @blknoiz06 while @vanillafunk713 CTOed solana:9cRCn9rGT8V2imeM2BaKs13yhMEais3ruM3rPvTGpump
Lets support the $AANSEM ecosystem via $HBULL @HyperBullSol
20% $SBULL supply sent 🫡
https://t.co/z6xP9gw6kL