1/ An incident response update on the Horizon bridge hack 🧵
Confidentiality is key to maintain integrity as part of this ongoing investigation. The omission of specific details is to protect sensitive data in the interest of our community.
1/ Introducing Harmony’s Game Shard - The Perfect Home For Web3 Games
Harmony is dedicating a shard to blockchain games, powered by our upcoming cross-shard messaging protocol.
Stock-to-flow is really not looking good now.
I know it's impolite to gloat and all that, but I think financial models that give people a false sense of certainty and predestination that number-will-go-up are harmful and deserve all the mockery they get.
@justinsuntron@stablekwon 9/ TLDR:
* If you hold USDD be aware there is no on-chain mechanics to enforce the peg.
* USDD is not algo-stable coin; it has centralized mint and burn.
* USDD is too irrelevant for DeFI and CeFI to cause any major second order effects.
This enterprise architecture that I like to call "hybrid economic system" is founded on 2 enterprises that are completely connected🧬
QoWatt is nothing without its ecosystem, the ecosystem is nothing without its founders⚙️♥️
Proofs of registration in the business directory📜👇
Researching several topics today for our new episode of @marketcapping and one is sticking out to me as a major concern.
$stETH / $ETH peg is in rough shape and running out of liquidity fast.
Compiling my thoughts to get more eyes on this... 🧵
.@mirror_protocol has just been exploited again due to Terra Classic validators reporting the price of the new Terra 2.0 $LUNA coin (~$9.80) instead of the original Terra Classic $LUNC coin (~$0.0001)
This is a massive operations failure
https://t.co/hO0M0UFBYq