THIS WAS @POLKADOT Brunch & talks moments in Rome 🇮🇹🎥
Many people joined us!🪴
Collaborations with great people in our eco and surprising many.
From the community with a lot of efforts and time invested.
Time to build together! #Web3
SCOOP: Kelp DAO is preparing a memo blaming LayerZero for Saturday's $292 million rsETH exploit, saying it relied on LayerZero's documentation, default configurations and team guidance when setting up the bridge.
CoinDesk has reviewed the memo ahead of publication.
ZACHXBT QUESTIONS KRAKEN: WHY DID $M GET LISTED?
Onchain investigator ZachXBT (@zachxbt) has issued a statement to Kraken exchange, following the insider manipulation on Memecore's $M token.
In a reply to Kraken's post on X, Zach asked, "Why did Kraken list $M (Memecore) on July 3, 2025 for spot and how did it pass due diligence?"
Zach flagged the following:
- $7.9M in suspicious Kraken withdrawals to 18 newly created addresses with 11.7 $M sitting total (valued at $39.8M now).
- Insiders manipulating the price to $6B market cap ($18B FDV) with Kraken one of the few venues that supports $M spot.
Elastic Scaling is now live on @Polkadot 🚀
Introducing vertical scalability for rollups, enabling parachain teams to handle growing demand more efficiently and deliver a user experience very close to Web2 for end-users.
Let’s unpack what this means for builders 🧵👇
oh, sure, 10,000 TPS in 2026 like Vitalik plans... what a brilliant idea for ETH.
Meanwhile, Polkadot just upgrading its runtime like a chef tweaking the daily special with WebAssembly, no drama or magic numbers needed
Once upon a time in Crypto Kingdom, Grayscale, the fund-slinging wizard, dropped a Polkadot (DOT) ETF on Nasdaq.
"Bow, fools—DOT’s the king now!" they crowed, as it strutted in, parachains (sorry rollups) fluttering like a peacock on parade. "I’m not your messy Ethereum," DOT sneered, eyeing the crown.
But in the shadows, Ethereum tripped over its own ego, bleeding $1.4 billion in ETH to North Korean hackers. And who was behind it? Kim Jong Un, sipping rocket fuel in Pyongyang, rubbing his hands.
"Forget ETH—I want that DOT ETF," he hissed, dreaming of parachains (sorry rollups) to fund his glittery missile parades. His hackers had already turned ETH into kimchi, but now Kim craved Polkadot’s shiny Nasdaq throne.
DOT claiming the crown?
Grayscale unleashes a Polkadot ($DOT) ETF on Nasdaq, while a blockchain giant stumbles in the shadows.
DOT claim the crown? 😏
RT if you crave an epic shift.
THREAD - Polkadot Digest 24 Feb 2025
Polkadot News
Did you know that with Polkadot Vault, you can have the security of a cold hardware wallet that shows you in English-readable text what you are signing? No blind signing or signing long strings of hex. https://t.co/xyCBW4FDPy
Oh, look at that! Gavin Wood has retweeted my post 👀
but—hold on—doesn’t that include a massive critique of his own creation, Ethereum?
https://t.co/VeXI2xmh7Q
Is Gav trolling, or just shining with his supreme wisdom?
Let’s dive in with a dash of sarcasm, because Gav, as always, seems to be one step ahead.
Gavin Wood, the visionary co-founder of Ethereum and Polkadot, has retweeted this post,
and of course, what better way to show his concern for Ethereum’s decentralization and security!
With his starring role in both networks and his encyclopedic knowledge of blockchain vulnerabilities, he’s surely saying,
“Oops, Ethereum, what a mess you’ve gotten into!”.
The post mentions a $1.4 billion hack on Bybit, allegedly pulled off by some crafty North Korean actors, and boom, the debate ignites: should Ethereum roll back its chain? What a drama!
This could totally undermine Ethereum’s so-called decentralization, that sacred principle Gav fiercely defended… before saying, “Bye, I’m off to Polkadot, which is way cooler.”
And speaking of Polkadot, Gav's crown jewel—a multi-chain protocol designed for interoperability and security without embarrassing single points of failure like those rollbacks—this Ethereum incident must feel like a perfect reminder to Gav of why his new baby is superior.
What inspiring humility!
Let’s not forget Ethereum’s epic history with the hard fork after The DAO hack in 2016, when Gav was in charge as the first CTO.
His retweet could be a masterful sarcastic jab at repeating those measures, especially after leaving Ethereum in 2016 to conquer the world with Polkadot. Is he saying, “Again with this, Ethereum? Come on, grow up!”?
And to top it off, the U.S. Treasury’s OFAC designation of North Korean hacking as terrorism, mentioned in the tweet, adds an epic geopolitical twist. Gav, with his strategic mind, is probably highlighting the massive implications for blockchain integrity and regulatory pressure, all while rubbing his hands on his Polkadot throne.
What a genius, what vision, what style, Gav.