Spanglish

Growth at @Labrys_io - Onchain & AI Product Studio 🧑🏽‍💻
DM me if you are looking for devs 📩

[Spanglish @CriptoSpanglish]

@sam_battenally Congrats team ⚡️

[lito @litocoen]

a lot of crypto cards and neobanks advertise 0 FX fees

what they actually mean is that they are not *adding* any additional FX fees to the one already charged by Visa/Mastercard

to date, every crypto neobank piggybacks on the FX infrastructure provided by Visa & Mastercard

if a user has a USD card and spends in 🇧🇷Brazil, the merchant gets $BRL and the exchange is handled by Visa

to really get 0 FX you would need to receive the so called "interbank rate" which is the rate at which banks exchange currencies between one another and what you see on online currency converters like XE

the only way to get close to this and offer a more competitive rate is to build an FX engine in-house which is what players like Revolut and Wise have done but it involves complex treasury management and operations

in a nutshell they hold pools of different currencies on their balance sheet and when a user swaps e.g USD to EUR it's just an internal swap in their treasury

they can then settle with Visa/Mastercard directly in the merchant currency and avoid the markup for the user

but to avoid the FX risk that comes with holding multiple currencies on their balance sheet they need to hedge via forward contracts and try to net flows to hold as little float as possible

this is why they mostly only offer major currencies and not the more exotic ones because the cost of hedging, ops and lack of bi-directional flows makes it too costly

and even on major currencies the 0 FX amount is capped to $1000/month for most users

i think there's a real opportunity to move FX markets on-chain and let every neobank large or small tap into wholesale liquidity

0 FX for every user worldwide with no amount caps is how crypto neobanks become significantly better than their tradfi counterparts

[Labrys @Labrys_io]

One of our Senior Engineers just admitted that AI killed the job he had in January.

He's not worried about it, and he thinks you shouldn't be either.

https://t.co/DwDSJB7x5O

[Spanglish @CriptoSpanglish]

@willo2_Poly @shayne_coplan how on earth does this only have 114k views

[ATB | ALL THINGS BLOCKCHAIN @allthingsblock]

We’re excited to welcome @Labrys_io back as a Platinum Sponsor of All Things Blockchain for 2026! 🎉

Since 2017, Labrys has been building innovative blockchain and AI products, helping projects across Web3, fintech, and emerging technologies bring ambitious ideas to life.

[Spanglish @CriptoSpanglish]

@0xKoomar Great write up!

[Spanglish @CriptoSpanglish]

@Bankless @TrustlessState We need @sassal0x and @thedailygwei back ASAP

[Labrys @Labrys_io]

The indexer is load-bearing. The entire frontend depends on it. So when the tool we'd reached for by default for years started slowing our team down, we changed the tool.

Here's why we moved most of our EVM indexing from The Graph to @ponder_sh 🧵 1/8

[Labrys @Labrys_io]

We just launched the new Labrys site.

After 8 years building blockchain, AI and serious software, it finally reflects who we actually are.

🛠️ Deeply technical
📦 Delivery-focused
🧠 Pragmatic about cutting-edge tech
☀️ Brisbane-based

Built for companies that need real capability, not just prototypes.

https://t.co/lIIR3YlgHr

[Labrys @Labrys_io]

Telegram has 950M+ users, and when combined with TON's smart contracts it becomes a powerful platform to build consumer applications.

We've put together a practical guide covering everything you need to know to start building on @telegram & @ton_blockchain, straight from our Engineer team

Check it out👇

[Spanglish @CriptoSpanglish]

It was super cool to put this case study together with the Eng team

[Labrys @Labrys_io]

https://t.co/byTqPUDUkL

[Spanglish @CriptoSpanglish]

@omeragoldberg Oh my... Morpho, Fluid et al must take the opportunity.

Will V3 funds stay, move to V4 or elsewherw 👀

[Hashlock @Hashlock_]

Most people get this wrong about AI in security.

It was never meant to replace auditors.

It was to give every builder a security starting point, before they ever speak to one.

This is exactly what we set out to build with @Labrys_io.
Worth the read 👇

[Spanglish @CriptoSpanglish]

Check out the work we did for our friends from @Hashlock_ on their AI Audit Tool.

AI tools are becoming the most underrated B2B growth strategy: give your ideal customer a taste of your expertise and let the pipeline follow.

[Labrys @Labrys_io]

https://t.co/aRZATAI9Mc

[Omer Goldberg @omeragoldberg]

1/ Millions in bad debt, at the time of writing, were created across Gauntlet's Morpho vaults from the Resolv USR exploit.

Almost all of it was supplied ** after ** the exploit.

So why would curators supply millions in USDC to a broken market?

Let’s dive in.

[Spanglish @CriptoSpanglish]

@QuillAudits_AI @ResolvLabs Great overview @raopreetam_ & team.

Didnt they have real time monitoring with the likes of @blockaid_ or @HypernativeLabs ? I read that took like 3hs to pause contracts.

[Spanglish @CriptoSpanglish]

@MelioHL @wumpycrypto @0xlykt @ResolvLabs Morpho Vaults are permissionless sir, Vaults Creators and Curators are to blame if anything.

[wumpy crypto @wumpycrypto]

a semi-comprehensive list of every vault/protocol hit by the @ResolvLabs exploit

morpho vaults:
- Gauntlet USDC Core
- Gauntlet USDC Frontier
- Resolv USDC
- 9Summits USDC
- Extrafi XLend USDC
- Re7 USDC
- Seamless USDC
- Apostro Resolv USDC
- August AUSD
- Clearstar Yield USDC
- kpk USDC Yield
- MEV Capital USDC
- Keyrock USDC

euler markets:
- Apostro Resolv
- Euler Arbitrum Yield

midas products:
- mBASIS
- mAPOLLO
- mEDGE
- msyrupUSDp

- @yields yoUSD
- @0xfluid on arb, base, eth, plasma
- @VenusProtocol Flux
- @lista_dao USD1 vault
- @InverseFinance dola
- @upshift_fi coreUSDC, upUSDC, earnAUSD

could be missing more; some protocols are promising to cover bad debt accrued (inverse, fluid)

[Precog @precogmarkets]

Every claim should have skin in the game. Those selling fake news should pay. Charlatans should get arbitraged.

Introducing the new Precog.

A fully onchain prediction market protocol. Built for signal.

Here's what's new 🧵👇

[Spanglish @CriptoSpanglish]

@YieldLayer Great work Yelay 🫡