Warden of the Grove @grovedotfinance 🌳🦜
Chef @SteakhouseFi 🥩🔪
prev. @sparkdotfi/@phoenixlabsdev @vaultsfyi/@wallfacerlabs @truefiDAO
3 ⭐⭐⭐ 1B+ protocols
Status Update - DNS Incident Resolved
On March 30, an attacker hijacked our domain's DNS. We detected the attack, issued a public warning as soon as possible, and took the domain offline as a precaution while we investigated.
During a short window, before we took the domain offline, users who visited https://t.co/nhU7RzEA9c would have seen a fraudulent interface designed to trick them into signing a malicious transaction.
Based on our investigation, no users signed malicious transactions during the incident.
If you interacted with https://t.co/nhU7RzEA9c on March 30 and signed any transaction you do not recognize, please reach out to us.
If you are an existing depositor of Steakhouse vaults or interacted with them in the affected period via another frontend, you were not affected.
No vaults or contracts were affected. All depositor funds are safe and have been safe throughout. No other service accounts appear to be compromised. By design, Steakhouse has no unilateral control over vaults or user deposits. Existing user funds were never at risk.
Finally, Steakhouse stores no user data, so no user data was compromised.
We have fully restored all https://t.co/nhU7RzEA9c domains and they are safe to use. We are working with security partners to remove any remaining browser warnings.
We sincerely apologize for the disruption and any loss of trust, which we will work hard to repair. We will publish a full post-mortem detailing the incident, our response, and the preventive measures we have implemented shortly.
Status update:
No vaults or contracts are affected. All depositor funds are safe. No other service accounts appear to be compromised.
Earlier today, a presumed phone call-based social engineering attack on OVH Cloud allowed an attacker to gain sensitive access to steakhouse dot financial domain management.
The attack vector involved changing DNS A records for the main page and app subdomain to a malicious IP. The attacker furthermore attempted to initiate a domain transfer with a 5-day timelock.
Those changes have been reverted and are now intentionally pointing to blank records until we can confirm the account is fully secure.
We are in contact with OVH and are actively working to fully resolve the situation.
Do not interact with steakhouse dot financial properties (website, emails) until we confirm resolution. Further updates and a post-mortem will be released with full detail as soon as possible.
@AniC_dev@nic_amadio You’d need to move to Śródmieście for the restaurants in walking distance (alt. Żoliborz or Mokotów). No worries though - for me also Biedronka-enabled home-cooking lock-in is the way to go 🫡
i'm back in warsaw
best city to lock-in i guess
no events, no founders, no VCs
no restaurants, $700 rent, low burn
just shit weather outside
a standing desk
a blank wall to stare at
and an army of coding agents at my command
@Fiskantes In early/mid 20th century Europe was also pretty much cooked. Crises come and go, but culture and identity are more than the prosperity at the time
Stablecoin yield goes mainstream.
Vaults curated exclusively by @SteakhouseFi, rolling out to millions of @Coinbase users.
Powered by @MorphoLabs.
Deposit USDC. Earn onchain. Available to all eligible Coinbase users soon.
Morpho now powers USDC lending on @coinbase.
Millions of users can earn more on USDC with sustainable yield backed by global borrowing demand — all within the Coinbase App.
Curated by @SteakhouseFi. Powered by Morpho.
@marczeller You often complain about something and refer to Europe as if the described problem was universal for every European country. This is simply not true. Be honest and complain about France - don’t put other nations in the same bucket.
Now expanding to Avalanche with a $250M target deployment into Centrifuge’s JAAA, @grovedotfinance is scaling institutional credit onchain.
The RWA Star.
It's definitely Poland's century
I hope the center and thus the power of Europe shifts east towards Poland
Because they seem to be the most sane and well thinking Europeans out there right now
Niech żyje Polska!
Grove, the second major Star Agent in Sky Ecosystem
Will take control of the PSM, allocate into next generation RWA assets, and much more.
Deploying billions into JAAA CLOs, a secure and liquid asset that generates 5.35%, could push up the Sky Savings Rate
Welcome @grovedotfinance, the newest Star in the Sky Ecosystem.
Grove is an institutional-grade credit infrastructure protocol, now set to deploy a $1B allocation — approved by the Sky Ecosystem — into the Janus Henderson Anemoy AAA CLO Strategy (JAAA), a tokenized onchain investment vehicle built with @centrifuge and Grove’s decentralized infrastructure.
Grove leverages the Sky Agent Framework and the Star Allocation System to expand the reach of USDS and enable an efficient DeFi-to-TradFi capital highway.
🌳 Introducing @grovedotfinance - a new Star in the @skyecosystem!
Steakhouse Financial is building Grove, an institutional-grade credit platform to unlock USDS's full potential by bridging DeFi and traditional finance