Dave Leland

Serial tech founder, early stage investor

[Dave Leland @lakecoder]

Tencent embedding an AI agent into WeChat for 1.4B users is another sign passive interfaces are dying.

People don't want more apps to manage.

They want software that understands intent and takes action on their behalf.

https://t.co/rIlDefwltw

[Wire Network @WireNetwork]

Bridges have one job: move the token to a new chain.

That's the job that keeps getting hacked.

Wire's answer: don't move the token. Move the right to it.

Asset stays on its native chain. Ownership moves through the Wire Network.

[Dave Leland @lakecoder]

Last week at Consensus I heard @Google, @PayPal, @Trust Wallet, and @Mesh all describe the same problem: crypto needs wallets built for execution, not just storage. The category we've been building toward just became the main stage conversation. We launch in two weeks. https://t.co/dKgbFYBJO6 #WireWallet #ConsensusMiami

[Dave Leland @lakecoder]

@DBCrypt0 There’s a better way: @WireNetwork will launch their Universal Transaction Layer very soon. A new Layer 1 enabling cross-chain trading *without* the need for bridges/oracles/3rd parties. 100% trustless, permissionless, and decentralized. Kiss all these bridge hacks goodbye!

[Dave Leland @lakecoder]

I'm at Consensus this week. Most wallets still just sit there and wait. We're building something that actually runs. If you're thinking about where wallets go next, find me here. DM me. #ConsensusMiami

[Dave Leland @lakecoder]

First day of #ConsensusMiami! I'm here to chat about Wire Wallet: coming to the market this month. If you’re around, let’s grab time today. @coindesk

[Dave Leland @lakecoder]

I’ll be at Consensus next week.

Most wallets still just sit there and wait. We’re building something that actually runs.

If you’re thinking about automation, execution, or where wallets go next, let’s talk.

DM me if you’ll be there. #consensusmiami @coindesk @wire_wallet

[Dave Leland @lakecoder]

We’ll soon be dropping some absolutely amazing innovations never seen before. Get ready!

[Wire Wallet @wire_wallet]

Crypto moves 24/7. Opportunities don’t pause, and markets don’t wait.

Soon, your wallet won’t either.

#WireWallet

[Wire Network @WireNetwork]

Deploy your contract once on Wire. It runs on all supported chains from day one. No per-chain builds, no bridge logic to maintain, no duplicated state to reconcile. The Universal Transaction Layer does the cross-chain work so you don't have to.

[Dave Leland @lakecoder]

@WireNetwork has the solution. Will the industry care enough to done with these bridge/oracle/messaging hacks and support them? There’s an ACTUAL truly decentralized, trustless, permissionless solution coming online that obviates the need for any bridges, oracles, state tracking, messaging, or 3rd party (usually centralized) vulnerabilities. Maybe the web3 world WANTS these exploits to continue?

[Dave Leland @lakecoder]

@wirenetwork was built to solve exactly this problem. The web3 industry can stop these exploits simply by supporting this new L1 that acts as a deed layer, eliminating the need for bridges altogether. Why is web3 so ok with these exploits continuing? There’s a better way!

[DBCrypto @DBCrypt0]

Potential catastrophic hack involving @hyperbridge and $DOT

$1 BILLION in Polkadot tokens minted out of nothing

Dumped for just $237,000

The only saving grace from absolute chaos was lack of liquidity

Here's exactly what happened:

Someone forged a cross-chain message on Hyperbridge's EthereumHost contract

The state proof check which is the ONE thing standing between a valid message and an unlimited mint, stored an all-zeros commitment

The bridge processed it as legitimate

So the attacker called changeAdmin on the bridged DOT contract and gave themselves full control 🤯

They minted 1 billion tokens in a single transaction and routed through Odos Router V3 into Uniswap V4

108 ETH out, roughly $237K

That's it!

The only reason this wasn't a total DOT killer?

The pool was too shallow and 1 billion tokens overwhelmed the available liquidity and the price collapsed instantly

Basically just good luck and certainly not good security measures

And before anyone calls this an edge case:

Ronin: $600M
Wormhole: $320M
Nomad: $190M
Drift: $280M last month

Same attack surface, different day

Bridges hold admin-level control over token contracts on destination chains.

One validation failure doesn't just trigger an alarm, it hands someone the keys to the mint

CertiK confirmed the attack vector already

Hyperbridge hasn't said a word about whether other bridged token contracts using the same gateway are vulnerable

This is the bridge problem and we're nowhere close to solving it 😕

Mass adoption?

We can't safely move assets between chains because most bridges and overall Web3 security standards are a dumpster fire

Today's $237K accident is next month's $237M

[Dave Leland @lakecoder]

@DBCrypt0 @hyperbridge https://t.co/pbVLfu73zK is the answer. Cross-chain asset trading without bridges/oracles. Fully trustless, permissionless, decentralized. The web3 industry ought to support them so this kind of 💩stops happening! @WireNetwork

[Wire Network @WireNetwork]

Most blockchains weren’t designed for software (and AI) that transacts thousands of times a minute.

Wire was.

High throughput. Optional gas. Universal assets.

Built for developers shipping AI agents and high-frequency apps.

[Dave Leland @lakecoder]

@WireNetwork LFG!

[Wire Network @WireNetwork]

This week's Wire Incubator Session Guest Spotlight goes to David Leland ( @lakecoder )!

Leland is the CEO of Wire Wallet, a secure universal crypto wallet. He made a strong nine-figure exit at his previous company, and now pours into web3 projects like Wire out of his sheer passion to see the space move forward and overcome the hurdles that have long-hindered us all.

Everyone give Dave a warm welcome and tune into tomorrow's Wire Incubator session at 2pm to hear the wisdom he has to share!

[Dave Leland @lakecoder]

I’ll be discussing how Wire Wallet is building on the revolutionary Wire Network infra. Finally a decentralized self-custody wallet compatible with all chains and easier to use than a centralized exchange.

[Wire Network @WireNetwork]

Sometimes to validate your assumptions you start by tokenizing cows! Then you evolve and build infrastructure to tokenize entire economies! Great community insights from our Wire Incubator session on ‘refining and validating your idea.

Join us this Thursday 2pm for the next session.

[Wire Network @WireNetwork]

Crypto's still stuck at the currency exchange counter.
🌉 Bridges break.
🎲 Wrapping adds risk.
💸 $5B+ lost in hacks.

We built the Universal Transaction Layer to fix this.
Here’s what that means 🧵

[Dave Leland @lakecoder]

@CryptoEmpressX Couldn’t agree more 😎

[Wire Network @WireNetwork]

WIRE INCUBATOR COMING NEXT WEEK.

Everyone is welcome to learn in the Wire Incubator.

Standout founders unlock more.

The builders shaping the future of interoperability are already here.

If you're serious, join them.

MARCH 5. OPEN TO ALL.
🔗 https://t.co/u1FOs07Z3m

[Dave Leland @lakecoder]

Wire Wallet is proud to support Impact Stream by build a full integration. This will finally deliver the hope & promise of blockchain tech to alleviate human suffering

[Impact Stream @impact_stream]

For those who might not know us very well... let us re-introduce ourselves!

We are @impact_stream, and we use emerging technologies to create foundations for accountable, transparent, and community-driven impact. Let our team take it from here...!

#impact #blockchain #crypto4good