oleg @ohulled

The GLP pool of GMX V1 on Arbitrum has experienced an exploit. Approximately $40M in tokens has been transferred from the GLP pool to an unknown wallet. Security has always been a core priority for GMX, with the GMX smart contracts undergoing numerous audits from top security specialists. So, in this hands-on-deck moment, all core contributors are investigating how the manipulation occurred, and what vulnerability may have enabled it. Our security partners are also deeply involved, to ensure we gain a thorough understanding of the events that occurred and minimise any associated risks as quickly as possible. Our primary focus is on recovery and pinpointing the root cause of the issue. Actions taken: Trading on GMX V1, and the minting and redeeming of GLP, have been disabled on both Arbitrum and Avalanche to prevent any further attack vectors and protect users from additional negative impacts. Scope of the vulnerability: Please note that the exploit does not affect GMX V2, its markets, or liquidity pools, nor the GMX token itself. Based on the available information, the vulnerability is limited to GMX V1 and its GLP pool. As soon as we have more complete and validated information, a detailed incident report will follow.

Having a real CT fatigue lately. Lots of account I had respect for selling out for mediocre “mindshare” farming. You’re just revealing how much you underperformed this cycle. The timeline is engagement bait, the replies are bots. Ignore CT, just read the chain.

8/ The harsh truth? Even the biggest names can rug you. Even the #1 ranked tokens can be ticking time bombs. Never trust hype. Always DYOR. Always stay alert.

MANTRA community - we want to assure you that MANTRA is fundamentally strong. Today’s activity was triggered by reckless liquidations, not anything to do with the project. One thing we want to be clear on: this was not our team. We are looking into it and will share more details about what happened as soon as we can.

After evidence of suspicious market activity, the validator set convened and voted to delist JELLY perps. All users apart from flagged addresses will be made whole from the Hyper Foundation. This will be done automatically in the coming days based on onchain data. There is no need to open a ticket. Methodology will be shared in detail in a later announcement. As with other chains, validators often need to convene to take decisive action as a group to ensure the integrity of the network. It is a priority to enhance robustness and transparency to the voting system. Note that HLP’s 24 hour pnl as of writing is approximately 700k USDC. Technical improvements will be made, and the network will grow stronger as a result of lessons learned. More details will be shared shortly.

Get ready for the new web3 phenomenon @aibae_me, where AI romance meets web3 drama 🤖💔 aibae.me/waitlist?ref_i…

I have a really crazy idea. Let's assume there is a smart contract that works as follows. 1. You deposit 100K worth of Bitcoin in it. You give it a USDT address. 2. You get 1K a month forever (or until money runs out) from the contract. How this works. The money is converted to some version of wrapped BTC and is held by the smart contract itself. The contract pays you out 1K in USDT every month. It does this by liquidating as much BTC as it needs automatically. Will it run out? Depends on the price growth of Bitcoin. Very likely never. Is there any counterparty risk? No.

@nodepay_ai How did you calculate the season 2. I think you need to be transparent in that aspect. I got less points in season 1 but my allocation is far higher than season 2 that I have more points.

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"There is an 80% chance, looking at both the 0.1 and 0.9 levels, that 1 Million dollars per BTC will be reached between 2031.8 and 2036.1" -- @moneyordebt

#btc Reclaimed WO and went for that high indeed. Ugly reaction but back at support here. Either we hold here or we break below and get our 90k lows imo. Patience, we're in a range.

George @George1Trader

2 years ago

#btc Ltf weekly open is key imo. Reclaim and we likely go for some highs, otherwise targeting lower.

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Your understanding of the situation is upside-down and backwards. OF COURSE my companies and I would prefer to hire Americans and we DO, as that is MUCH easier than going through the incredibly painful and slow work visa process. HOWEVER, there is a dire shortage of extremely talented and motivated engineers in America. This is not about handing out opportunities from some magical hat. You don’t get it. This is blindingly obvious when looking at NBA teams, as the physical differences are so obvious to see. However, the MENTAL differences between humans are FAR bigger than the physical differences!!

"The outcome of any given company is the vector sum of the people within it. Improve the alignment of the individual vectors and their amplitude and the outcome will improve accordingly. " -Elon Musk the gold spitter.

Elon Musk @elonmusk

2 years ago

@WallStreetMav @iamyesyouareno @MarioNawfal The full answer here is complex. The outcome of any given company is the vector sum of the people within it. Improve the alignment of the individual vectors and their amplitude and the outcome will improve accordingly. Humans can be thought of as hardware (inherent talent)

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Listen to the Sherpa. He’s right 👇

Altcoin Sherpa @AltcoinSherpa

2 years ago

People call me bearish but I'm not bearish at all- I think that we're going to have an incredible alt season in the coming months. This is due to several reasons (seasonality, btc.d high, insane macro + government, etc). But I do talk about selling a lot. Why?

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It’s interesting that Elon is building @xai after persistently stating that AGI/ASI is an existential threat to humanity. My guess is that he believes the only way to protect humanity against destructive AI is with an AI that he is sure is aligned

Time from TOP to TOP = 1400 days avg Time from BOTTOM to TOP = 1064 days avg If this cycle is similar, TOP will be between September - October 2025 $BTC

"When it becomes serious, you have to lie" -- Jean Claude Juncker, President of the European Commission, 2011. This is what you can expect of our politicians, regarding the debt crisis. HT @LawrenceLepard in his upcoming book "The Big Print".

This is just pure comedy! #BTC whales pumped the price on spot. Retail longed with 100x then whales dumped on spot and liquidated 200M in 3 min. 😂😂😂😂

Seth @seth_fin

2 years ago

#Bitcoin is still battling the POC! If $BTC manages to take the POC it will retest 103K! Just remember what I said about Friday! De risk before friday will be a safe choice. Don't be over leverage into Friday! NOT FINANCIAL ADVICE

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I really think Bitcoin will completely change finance. which basically means it changes everything. inside of a decade.

I am going to be honest: Proof-of-stake will not be decentralised because capital is not decentralised

Laura Shin @laurashin

2 years ago

🤯 “Base can’t compete with Solana,” says @calilyliu, the president of the Solana Foundation. She argues that Solana’s decentralization gives it the upper hand as “corporate L2s” cannibalize ETH.

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