CodePhobic

Core dev building defi protection at @usd8_fi. smart contract auditor by day. Tweets are my own opinion.

[CodePhobic @codephobic]

this took a little while, but hopefully not too late for defi users.

[USD8.fi - Free defi insurance @usd8_fi]

Private beta officially open for https://t.co/j8vleClweA, the first defi primitive offers free insurance.

Perks on offer during private beta
- x300 times insurance score rate for usd8 holders
- 3 boosters

Dm for an invitation if you haven't got one yet.

[CodePhobic @codephobic]

@FigoETH agree, but the post sounds like you are bullish on BTC's security

[CodePhobic @codephobic]

@LiberEther 🫡🫡

[CodePhobic @codephobic]

i dream of a different crypto world, where things are not ruined.

[USD8.fi - Free defi insurance @usd8_fi]

rate watch - wstEth Cover Pool is now paying an APY of 117% in stable coin USD8, up from 70% yesterday.

[CodePhobic @codephobic]

@EatMoreBamboo You just made my day. Thanks

[CodePhobic @codephobic]

still love this video - why there are so many shit ppl in crypto and how to fix it.

https://t.co/ohtUxZI6pZ

[CodePhobic @codephobic]

@EatMoreBamboo fair point, I agree.

[CodePhobic @codephobic]

@avi_eisen This shit is crazy..

[USD8.fi - Free defi insurance @usd8_fi]

our wstEth Cover Pool currently is paying 70% APY in stable USD8.

[CodePhobic @codephobic]

no new ai models were launched recently, why?

[CodePhobic @codephobic]

@arsen_bt 7702 is tricky indeed

[CodePhobic @codephobic]

while the whole crypto ecosystem is grabbing privacy as the next big opportunity, I have some doubts tbh.

I am pro privacy, but without building a proper enforcement layer, privacy will be the breeding bed for more crimes in crypto.

That could be the final nail on the coffin for this industry.

We need properly solutions, not naive approaches that expect everyone jump on privacy is of legit reasons.

[International Cyber Digest @IntCyberDigest]

❗️ Crypto mixer Railgun ignored a US lawsuit claiming it laundered North Korea's stolen crypto, and is now in default.

The plaintiffs are victims and families holding $865M in US terrorism judgments against North Korea.

Courts found it abducted a US permanent resident pastor in China in 2000 and tortured him to death, and backed Hezbollah's 2006 rocket attacks on Israel.

They say Railgun should have frozen North Korea's funds so they could seize them.

The FBI says North Korean hackers laundered $60M+ through Railgun in January 2023. The suit claims ~70% of the money it handled was North Korea's.

[CodePhobic @codephobic]

Ai will give rise to a new type of business, ones aren’t operatable by a single person, now it’s all possible. Businesses like

- super low margin businesses
- edge businesses operate in grey area
- business with adversarial compatibility

[USD8.fi - Free defi insurance @usd8_fi]

if you are in defi and not covered, think again, seriously.

[CodePhobic @codephobic]

@ohMySolboy 🫡🫡🫡

[CodePhobic @codephobic]

how to hack a defi protocol without consequences.

1. short the protocol token before the hack
2. hack the protocol, token price drops
3. exit short position, lock in profit
4. return hacked funds to the protocol and keep 10%

[CodePhobic @codephobic]

@Walodja1987 hey just dropped u a DM :)

[CodePhobic @codephobic]

@EthanDeFi_ just sent you a dm ser.

[CodePhobic @codephobic]

@economitra I think this will be a new trend

[USD8.fi - Free defi insurance @usd8_fi]

Private beta officially open for https://t.co/j8vleClweA, the first defi primitive offers free insurance.

Perks on offer during private beta
- x300 times insurance score rate for usd8 holders
- 3 boosters

Dm for an invitation if you haven't got one yet.