Marin

Eyes on the stars | dyor | Lido Earn

[Marin @penzjun]

Gaslighting at max.

“This update is being shared in an effort to help the ecosystem mitigate risks. Please check in on your teams, audit who has access to what, and treat every device that touches your multisig as a potential target.”

TL;DR:

They don’t know who has access to what.
They had zero real multisig security practices.
They had basically no general security practices, period.
Upgrades weren’t behind timelocks.
No cancel mechanisms. No emergency pause.
Low-threshold multisig, controlled internally.

This isn’t “grave dancing.” It’s just facts. Call it what it is: negligence.

[Drift @DriftProtocol]

https://t.co/qYBMCup9i6

[Gwart @GwartyGwart]

Someone should build a version of polymarket where you can bet on something and then you win the bet if that thing happens

[vitalik.eth @VitalikButerin]

This is why:

* Self-sovereign identity, data and money (so you control your account, not a third-party provider)
* CROPS AI (so other people cannot do this to *your computer* https://t.co/zmG8wrfzAi )

[Marin @penzjun]

@Marczeller Gandalf will be pissed

[0xflorent.eth @0xFlorent_]

First white-hat exploit on Ethereum: I unlocked 1,003.62
Ξ ($2,000,000) trapped in a 2016 ICO smart contract
for 9 years.

The 48 original investors can now claim their funds.

[Marin @penzjun]

@mbaril010 @end0xiii Karma.

[omslice @omslice]

@TrustlessState How far you've fallen..

[twyne @twynexyz]

DeFi United: The Epilogue

ft. @aave @StaniKulechov @LidoFinance @arbitrum @ethereumJoseph @Mantle_Official @EtherFi @golemproject @emilio_aave @bgdlabs @eboadom @ethena @inkonchain @Frax @circle_ventures

https://t.co/pr14f0z5sW

[Marin @penzjun]

@ecdsafu @cubistdev Yet you route to smart contracts that hold funds, otherwise there is 0 utility for squid router.

?

[Marin @penzjun]

@ncerovac https://t.co/eLLNZNhtv1

[Marin @penzjun]

@ncerovac quite a jump from last time 🤣🤷🤦🏻

[Marin @penzjun]

@mbaril010 If you pay everything every time they’re not friends. Not even the “money” thing.

[Token Terminal 📊 @tokenterminal]

Ethereum is losing the race among L1s.

[Marin @penzjun]

@matthewabides @zachxbt If you’re doxxing somebody who actively helped prevent theft, terrorism and return of stolen assets to victims.. you should put your own real name and address.

Such a dick move to put somebody’s life in danger.

Hope you get reported a lot and this is nuked asap.

[Vasiliy Shapovalov @_vshapovalov]

Lido Labs are reallocating resources. Reduce the focus on staking in favor of new products that would benefit from our skillset and trust built over years of experience.
Huge staking inflows from Bitminer et co and users’ flight-to-safety instinct kicking in after Kelp incident mean that the December targets we use for goal-setting and planning are no longer achievable.
Total ETH staked grew faster than expected, mostly via Grayscale and BitMine.
APR Maxi segment contracted from 16% to 10% after the KelpDAO incident.
We planned for $2,712. ETH has been at $2,120 for months.
If we can't achieve our staking goals, we reduce spending and redirect where there's still a real case.
In the meantime, Lido contributors are exploring new products to build on Lido's security expertise and brand. With all the incidents this year, security got repriced, and Lido security is already valued highly by the market. E.g. on @sparkdotfi, high-leverage ETH borrowing is restricted to wstETH, not fragmented LRT collateral. Third parties are voting with their product decisions.
I believe this is a long-term gain in exchange for the short-term pain of market contraction.
More ground covered in yesterday's Tokenholder Update call:
https://t.co/jTgfNbCEaW

[Marin @penzjun]

This is quite sad.

[Captain Nemo 🦞 @ncerovac]

Market so hard, all though leaders need to post some dramatic takes about Ethereum to get attention. Peasants....

[Protocol Guild @ProtocolGuild]

4 years ago @LidoFinance kicked off the Protocol Guild pilot with a contribution of 2mm LDO 🫡

[Marin @penzjun]

@banteg @ncerovac I can already picture him vibing on it.

[Marin @penzjun]

@ivanburazin @daytonaio banger!

[Ivan Burazin @ivanburazin]

Ngl seeing @daytonaio’s logo on Anthropic’s docs is an amazing feeling