Ari_Kimelman

Co-Founder of the Manitoba Blockchain Association

[Stani @StaniKulechov]

This is huge for Aave and DeFi. Central banks are notoriously skeptical of onchain systems, yet the Bank of Canada conducted a full systemic research review on Aave’s resilience. The conclusion was that DeFi works remarkably well.

"Our analysis suggests that lending without traditional intermediaries is viable in a technical and operational sense. Aave V3 successfully matches borrowers and lenders, enforces collateral constraints through smart contracts, and maintains solvency without relying on trust, identity, or centralized enforcement. The system operates continuously, transparently, and with minimal overhead, demonstrating the potential of protocol-based credit markets."

Future of Finance.

[paulbramas.eth @BramasPaul]

UI spoofing chapter 4... A front-end attack is apparently ongoing on @Compound_xyz. This happened to Maple Finance last month, and here we go again. Solutions already exist, such as @okcontract, which generates ABI2UI.
Vitalik has mentioned it at least twice, yet these incidents keep happening because teams are sleeping on it.

Anyway, stay safe out there!

article link: https://t.co/00OGsgjz3n

[PeckShield Inc. @peckshield]

🚨🚨🚨 For the time being, do *NOT* use any $SFUND bridges. A drain bridge hack just happened on one of $SFUND bridges

[Ari_Kimelman @AriKimelman]

@LiquityProtocol How does the voting in V2 compare to V1? Equally avoids problems with DAO voting centralization?

[Liquity @LiquityProtocol]

Liquity V2 is LIVE on Ethereum Mainnet! 🎉

- Borrow on your own terms with user-set interest rates
- Hold or deposit $BOLD , an immutable stablecoin with real yield
- Stake $LQTY to direct protocol incentivized liquidity
- Earn 16+ tokens and rewards from V2 friendly forks

🧵👇

[Ari_Kimelman @AriKimelman]

@Leechael Hey Lee, I'd like to chat TEEs and dstack with you, saw you contributed to the dstack github, would appreciate a follow-back so I can send you a dm.

[Ari_Kimelman @AriKimelman]

@adrianmcli @lotuscars Hey man, would like to chat, give me a follow-back so I can dm 🙏

[Emiri blocmates @LeftsideEmiri]

Thought it would never happen to me, but it did.

Drained for roughly 300k.

Didn’t approve or sign any tx. To the best of my knowledge I was social engineered hacked.

Was supposed to have a call with someone to discuss a partnership and they sent a kakaotalk link.

[Yei Finance @YeiFinance]

Yei Finance has experienced a sophisticated security breach resulting in a loss of around $2.4 million USD. The Yei Team is actively collaborating with top security firms to triage the situation and identify the stolen assets. We would like to reassure our users that this represents less than 1% of Yei Finance's total market size, and the team has already identified the root cause and patched all vulnerabilities to prevent future security risks.

The Yei Finance team can confirm that within the past 12 hours, this is an isolated incident affecting the wBTC pool only.

1. All loss of funds will be compensated.
2. All other pools remain unaffected, and users can resume lending activities safely.
3. To mitigate any further risks, the Yei Team will temporarily freeze the wBTC pools and implement a time-lock to set the wBTC LTV ratio to 0. This action will take effect on December 4th at 14:33 PM.

What’s next?

Pools will fully reopen on December 4th at 14:40 PM (UTC+8). Users will be able to perform normal actions safely. All affected pools will be fully compensated, and we would like to emphasize that users will not be responsible for any losses during this breach.

A detailed post-mortem report will be published within the next 48 hours to provide transparency and insights into the incident.

We appreciate your understanding and patience during this challenging time. If any users have any other questions, feel free to open a ticket in our Discord.

- Yei Finance Team

[RedStone ♦️ @redstone_defi]

How To Navigate KOLs as a DeFi Protocol with @DeFi_Dad @therollupco @hypepartners https://t.co/7VaKGZSzRa

[RedStone ♦️ @redstone_defi]

See you Thursday!

[Radiant Capital @RDNTCapital]

REMINDER ⚠️

Immediate action is required from all users to secure their wallets.

If you’ve ever interacted with Radiant or think you may have, you must revoke approvals to affected contracts right now. Failing to do so puts your funds at risk of being drained. This is not optional—take one minute to protect your assets by visiting https://t.co/hhTN7hRHc9 and removing any permissions to prevent further losses!

🔗 Revoke here: https://t.co/SrYFhYpY4U

Radiant remains fully committed to tracking and freezing the stolen funds, working closely with security experts and law enforcement.

[Ari_Kimelman @AriKimelman]

@monetiqe gm, could you follow back as I would like to send you dm. Thank you.

[Radiant Capital @RDNTCapital]

Please revoke access to the following contracts on https://t.co/JqPsJBBfNS.

0xF4B1486DD74D07706052A33d31d7c0AAFD0659E1
0x30798cFe2CCa822321ceed7e6085e633aAbC492F
0xd50Cf00b6e600Dd036Ba8eF475677d816d6c4281
0xA950974f64aA33f27F6C5e017eEE93BF7588ED07

[Ari_Kimelman @AriKimelman]

@ChristopherA Hey Christopher, I would like to send you a dm, but I can't until you follow me, could you follow me back so i can message you? Thank you 🙏

[RedStone ♦️ @redstone_defi]

Liquid Bitcoin Staking 101 https://t.co/PZTJVYS8y4

[DeltaPrime @DeltaPrimeDefi]

DeltaPrime Blue exploited, this is the current status:

At 6:14 AM CET DeltaPrime Blue (Arbitrum) was attacked and drained for $5.98M. This was due to a compromised private key, the source of which is currently under investigation.

DeltaPrime Red (Avalanche) is not vulnerable to this attack, as the implementation here is covered solely by multisigs and cold wallets (as it should be).

The risk is contained, we're working on asset-retrieval and the insurance pool will cover any potential losses where possible / necessary. Additionally, we're looking into other ways to reduce user losses to a minimum.

We will keep you updated here as well as in our Discord as we move forward.

[Ari_Kimelman @AriKimelman]

Starting now🙌
https://t.co/3SrHM1d1wJ

[RedStone ♦️ @redstone_defi]

Ethereum is gaining recognition as a go-to yield-generating digital asset within TradFi.

This development underscores the need for a structured, institution-grade benchmark.

Read the analysis benchmarking CESR™ by @coinfund & @CoinDeskMarkets👇🏻

https://t.co/BfISKxfFjh

[Lista DAO @lista_dao]

🎙AMA Announcement🎙

We’re excited to host an AMA with @LidoFinance
and @redstone_defi

Leave your questions in the comment section and get a share of $500 prize pool!

🗓 Date: September 10th 2024
⏰ Time: 10AM UTC
🔗: https://t.co/lIKA4ajmIT