> be lazarus group
> hack kelp dao for $292m rsETH
> don't dump it, pawn it on aave, borrow $190m clean ETH against it
> $8b tvl flees aave in 48h, first real defi bank run
> arbitrum security council freezes $71m (the only money ever recovered)
> push the remaining $175m into thorchain, pay the protocol $494k in fees for the service
> convert to btc, shatter into utxo confetti across thousands of addresses
> bridge to tron, swap for USDT
> chinese OTC brokers aggregate the flows, settle via unionpay, outside SWIFT, outside sanctions
> cash lands in pyongyang, funds the missile program
> 7 days, 9 protocols, all 100% public on-chain, nobody stops any of it, defi btw
NEW: Major investigation dropping February 26 on one of crypto’s most profitable businesses where multiple employees abused internal data to insider trade over a prolonged period of time.
I know a guy in Ohio clearing $1.1M/year connecting plumbers to AI
he found the glitch:
plumbers hate everything except fixing pipes
they hate quoting, scheduling, invoicing, and the endless back-and-forth with customers
he built a system that automates the entire mess:
- auto-quotes
- auto-scheduling
- auto-invoicing
- auto-reviews
he charges $900/month per shop
they don't even blink at the price because it buys their life back
he didn't code a single thing from scratch
he just stitched existing tools together
now he has 102 shops on autopilot
their revenue is up, their stress is gone, and they’re referring him to every other shop they know
while tech bros are losing sleep trying to build "the next big platform," this guy automated toilets and retired at 39
unsexy problems are where the real money is hiding
Suddenly, you’re 26.
Out of college now.
Got the new corporate job. Apartment in the city. Met a girl and it’s getting serious. Joined the pickleball league.
You’re happy. It’s everything you wanted, right?
The steady paycheck, your own crib, no more useless schoolwork.
But every morning lacks excitement. It’s already mundane.
40 more years of this…wake up, 9-5, gym, netflix, die?
But it’s everything that “younger you” had hoped for.
Or was it?
At 26, you feel different.
Feels like a blank canvas…on your own, no parents, no teachers, no responsibilities.
Your life is now solely based on your decisions. All on you, kid.
My advice is to play big…and play big right f*cking now.
Because next thing you know, you’re 45. In the same city, same job, same bars…thinking “if only I would’ve”.
So pick up the canvas and picasso that sh*t right now.
Zeus? 🤔
Teams around the world compete 24/7 to improve weather forecasts. Day and night they’re finding novel ways to get ahead, tapping into new data sources and adapting to new research.
Think ‘Kaggle on roids’ for weather.
The problem isn't that price is going down, the problem is HOW price goes down, and it's been a problem for a while now. If you get a liquidity sweep or a test of HTF demand on $SPX, any Mag 7 stock, or gold and you buy it, you will be rewarded typically next day or within the week.
When crypto majors approach liquidity, they front run the liquidity, price lingers for days, then dumps right through (98K for example, and I called we'd likely dump through to 94K which we did. And now lingering at 94K for 3+ days).
The price action itself has become the problem and that's why you're seeing interest fade from the space. I'm not exactly sure when, why, or who created this new environment, but I certainly hope it isn't forever. We cannot blame "trad" because equities give clean liquidity sweeps / demand tests and provide next day profit. It isn't a trad issue.
Something is very wrong.
$HYPE is the only answer to CEX corruption. It's our final stand. There's no true cults left in crypto. We're all united in knowing how corrupt the Chinese cexes are. Truth, however, is that they control crypto. Hyperliquid
Hyperliquid’s fully onchain liquidations cannot be compared with underreported CEX liquidations
Hyperliquid is a blockchain where every order, trade, and liquidation happens onchain. Anyone can permissionlessly verify the chain’s execution, including all liquidations and their fair execution for all users. Furthermore, anyone can verify the solvency of the entire system in real time. Transparency and neutrality are key reasons that fully onchain defi is the ideal infrastructure for global finance.
Some CEXs publicly document that they dramatically underreport user liquidations. For example on Binance, even if there are thousands of liquidation orders in the same second, only one is reported. Because liquidations happen in bursts, this could easily be 100x under-reporting under some conditions. Source below.
Hopefully the industry will see transparency and neutrality as important features of the new financial system, and others will follow.