I sold everything I had. Every coin I owned is gone. I'm completely out of the cryptocurrency market, I can't take it anymore. Aggressive dumping, manipulation, everything is so intense. crypto is over, I am out, I am very glad to meet you, life has dreams, each is wonderful.
@GuiBibeau Solana is infrastructure, not reserve of value. People come to Solana, and immediately swap to stables. There’re no incentives to have expensive SOL
@mert Solana is infrastructure, not a reserve of value. Beside you and the few ones running a validator, an expensive SOL is good for nobody. Most of us only want cheap gas
I woke up to the news about Flow’s decision to roll back the chain.
Despite Flow stating that they are “in a mandatory synchronization window with critical ecosystem partners (bridges, CEXs, DEXs)”, I can confirm that 𝐝𝐞𝐁𝐫𝐢𝐝𝐠𝐞 — 𝐨𝐧𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐦𝐚𝐣𝐨𝐫 𝐛𝐫𝐢𝐝𝐠𝐞 𝐩𝐫𝐨𝐯𝐢𝐝𝐞𝐫𝐬 𝐟𝐨𝐫 𝐅𝐥𝐨𝐰 — 𝐫𝐞𝐜𝐞𝐢𝐯𝐞𝐝 𝐳𝐞𝐫𝐨 𝐜𝐨𝐦𝐦𝐮𝐧𝐢𝐜𝐚𝐭𝐢𝐨𝐧 𝐨𝐫 𝐜𝐨𝐨𝐫𝐝𝐢𝐧𝐚𝐭𝐢𝐨𝐧 𝐟𝐫𝐨𝐦 𝐭𝐡𝐞 𝐅𝐥𝐨𝐰 𝐭𝐞𝐚𝐦.
https://t.co/QrpjClXCni
The rushed decision to roll back the chain will likely cause financial damage far exceeding the impact of the original exploit.
A rollback introduces systemic issues that affect bridges, custodians, users, and counterparties who acted honestly during the affected window.
https://t.co/3RcROAak6W
I urge all Flow validators to not validate transactions on the rolled-back chain until the following questions are clearly answered:
How does Flow plan to handle doubled balances for users who bridged out of Flow during the rollback window and got their balances doubled because of revert?
How will users who bridged into Flow during the rollback window be reimbursed?
Examples via deBridge:
• ~$200k deposit
https://t.co/Gswhsl5k8n
• ~$50k deposit
https://t.co/ykCitNhCgv
@LayerZero_Core is the primary custodian of USDC on Flow. The following transactions took ~1.5 hours to process and were executed right inside the rollback window:
• $220k https://t.co/yGc5iqyq9G
• $180k
https://t.co/SnV6dZ7XgP
How are ecosystem custodians like LayerZero will handle these cases?
We’ve seen similar incidents handled far more professionally in the past (e.g. BNB Chain), where attackers were isolated without rolling back global state.
Why is Flow taking a different approach? Who specifically made the decision to roll back the chain?
From RPC responses, it appears Flow state has already been reverted, though new transactions are not yet being accepted.
I strongly urge Flow validators to pause nodes and halt validation until:
• clear remediation plans are communicated
• ecosystem partners are properly coordinated
• security groups like @_SEAL_Org are engaged
This situation requires transparency, coordination, and restraint — not rushed irreversible actions.
Hi @mooncake_fi , what should i do with my funding funds on 10xSOL? Should i exit from legacy to the new one? I see no announcement about this on Twitter. Please, could you clarify why the old 10xSOL is closing?
@GuiBibeau Beside winning money for your own investment, what would be the benefit for the Solana chain to have higher prices? Expensive SOL would be translated in more expensive transfers. Just asking
So let me get this straight:
> You borrow on Kamino
> You want to refinance on Jupiter Lend
> You can't because Kamino blocked this
Refinancing matters in open finance
Not having it just ends up forcing users into worse rates so the protocol can earn more
@jussy_world Sorry, i don’t agree. It is not my fault i don’t understand the reason of all these tokens. A token without utility is just a meme coin. Only way I would consider again to have one of these coins is to participate on profits.
@NaojNc@met_lparmy@MeteoraAG TBH, I’ve never liked these nice pictures showing insane profits since they are not telling the full truth. How much of this profit is because the SOL price recovery? Or how much you would have gain just by holding SOL? Probably in this particular case even more
@nomadz_co@SolanaConf@sofia_nomadz Do you need a Breakpoint ticket? I sell my early bird for same price I bought. 199$. Considering USD valuation, it’s even cheaper than one year ago. Interested? DM
@lostsol@SolanaConf@solana Do you need a Breakpoint ticket? I sell my early bird for same price I bought. 199$. Considering current USD valuation, it’s even cheaper than one year ago. Interested? DM