web3 is supposedly censorship-resistant, but the US government just sanctioned @TornadoCash, and its founder was arrested.
What's the real deal with censorship in crypto? 🧵 👇
1/ Nomad just got drained for over $150M in one of the most chaotic hacks that Web3 has ever seen. How exactly did this happen, and what was the root cause? Allow me to take you behind the scenes 👇
North Korea is behind the largest Cyberhacks ever.
Now they have their eyes set on the Crypto industry.
They've exploited
• Ronin Bridge for $625m
• Harmony Bridge for $100m
How did one of the poorest & most isolated nations develop an army of hackers?
It's a wild story:
Crypto gets a lot of shit in the media for being a tool used for money laundering.
But what does the data say?
Here's how money laundering works in crypto, and how much of it is REALLY going on...
👇 🧵
A mega-🧵 about Layer 2 scaling solutions for @ethereum.
• Why are Layer 2s necessary?
• Understanding sidechains, plasma chains, channels, and rollups (differences, pros & cons)
• What does this mean for L1s?
[1/42] 👇
An $18 billion stablecoin is losing its dollar peg with all the magical chaos of algorithmic stables, with a dash of Bitcoin systemic risk drama.
Here's everything you need to know.
The $UST Depeg Thread:
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Hey @elonmusk just in case you don't end up buying @Twitter, do look at investing some of that capital in INDIA for high-quality large-scale manufacturing of @Tesla cars. I assure you this will be the best investment you'll ever make.
Uniswap just announced that Uniswap v3 has deeper liquidity in ETH/USD and ETH/BTC pairs than leading centralized exchanges Coinbase and Binance
Decentralized exchanges are taking over!
https://t.co/HzIACpgL6I
instead of designing their launch properly, Yuga broke Ethereum so that they would have an excuse to launch their own L1
APE needed a new narrative after the land sale
$34 million, or 11,539 eth, is permanently locked into the AkuDreams contract forever. It cannot be retrieved by individual users or by the dev team.
The refund processing, which is complete, sets each bid status to 1.