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Orion's Belt
Joined July 2024
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never give up. solana:B5txdTJXiNdKC9Bt8ST8wEBzH8tqBk5yLekEA5hSpump B5txdTJXiNdKC9Bt8ST8wEBzH8tqBk5yLekEA5hSpump
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Sputnik retweeted
Well, Aave just confirmed it. The Binance hacker deposited $60 MILLION in USDT and borrowed 19,762 ETH against it. Around $44.6 million worth of ETH at the time. And here’s the crazy part. He did it roughly 40 minutes before Aave started freezing its markets. The lending position is still overcollateralized, so Aave says its users aren’t currently at risk. But the hacker managed to turn $60M in freezable stablecoins into nearly $45M in ETH before the restrictions kicked in. Pretty incredible timing. This is exactly why I find DeFi so fascinating.
The Binance hacker might have just pulled off one of the smartest moves I’ve seen in crypto. First, Tether froze $1.5 billion in USDT. Then Circle froze another $800 million in USDC. At that point, it looked like the hacker’s money was trapped. But apparently, he had already planned for that. Instead of holding the stolen USDT in a wallet, he allegedly deposited it into Aave and used it as collateral to borrow ETH. Then he walked away. That’s where the story gets crazy. Tether can freeze the USDT sitting in the wallet. But it can’t freeze the ETH he already borrowed. So now Aave is left holding frozen collateral, while the hacker is sitting on liquid ETH. And unless the protocol can recover it somehow, he may not even need to pay the loan back. Two companies froze billions of dollars in seconds. But someone who understood how to use DeFi may have found a way around both of them. Pretty insane when you think about it.
Readers added context they thought people might want to know
The described Aave deposit used only ~60M USDT as collateral to borrow 19,762 WETH before freezes hit the main wallet, not the bulk of funds; Aave states the overcollateralized position is subject to normal liquidation with no material protocol risk. governance.aave.com/t/binance-hot-… x.com/binance/status… drk.vc/news/binance-1…
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Sputnik retweeted
The Binance hacker might have just pulled off one of the smartest moves I’ve seen in crypto. First, Tether froze $1.5 billion in USDT. Then Circle froze another $800 million in USDC. At that point, it looked like the hacker’s money was trapped. But apparently, he had already planned for that. Instead of holding the stolen USDT in a wallet, he allegedly deposited it into Aave and used it as collateral to borrow ETH. Then he walked away. That’s where the story gets crazy. Tether can freeze the USDT sitting in the wallet. But it can’t freeze the ETH he already borrowed. So now Aave is left holding frozen collateral, while the hacker is sitting on liquid ETH. And unless the protocol can recover it somehow, he may not even need to pay the loan back. Two companies froze billions of dollars in seconds. But someone who understood how to use DeFi may have found a way around both of them. Pretty insane when you think about it.
Readers added context they thought people might want to know
The described Aave deposit used only ~60M USDT as collateral to borrow 19,762 WETH before freezes hit the main wallet, not the bulk of funds; Aave states the overcollateralized position is subject to normal liquidation with no material protocol risk. governance.aave.com/t/binance-hot-… x.com/binance/status… drk.vc/news/binance-1…
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Sputnik retweeted
Robinhood looks good here
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Kimchi posts QR with coin Alon reposts Coin goes 14M Dumps Replace the QR code Alon removes repost "Kimchi got hacked" -@Sherloque_inc insight
Hello @a1lon9, I hope you immediately refund anyone who lost money on this coin. You literally retweeted a rug pull and made hundreds of people lose money. It was your responsibility as @Pumpfun founder to double check and confirm what you are posting with kimchi before engaging. kimchi can get hacked, it's okay, we are human, our accounts might get hacked, BUT @a1lon9 YOU ARE THE FUCKING CEO OF THE COMPANY, YOU ARE THE FUCKING FOUNDER, YOU CANNOT RETWEET A SCAM THAT WILL MAKE PEOPLE LOSE HUNDRED THOUSANDS OF DOLLARS IN A SECOND. Take responsibility, check every single trader who lost money on this, and refund everyone.
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Sputnik retweeted
no way we go back to influencer meta
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call it $Cometail. heavy at the price, long tail behind it. we might be biased.
DLMM Pro gives you the freedom to shape your own liquidity strategies. You already know the three presets: Spot, Curve, and Bid-Ask. Now, we're introducing a fourth. And it needs a name.
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Sputnik retweeted
Fully locked in! The best use of meteora DBC $cometail @MeteoraEco @MeteoraAG @SuperteamEarn @colosseum
7 ways to launch. Every coin on cometail.fun runs on a Meteora DBC preset we own. The basics are the same on all seven: - 0.01 SOL to launch - Fixed supply of 1,000,000,000 - 1% trade fee on the curve, and 60% of it goes to the creator - At graduation the coin moves to a Meteora DAMM v2 pool that compounds its fees - All of that liquidity is locked forever. 80% sits in the creator's position, so the creator keeps earning the pool's fees One post per preset below.
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We just updated our pitch video. COMETAIL is a fee layer for Meteora. Launches whose fees burn $COMETAIL and lock liquidity, an index of every DBC pool's fees, and vaults that let creators sell their future fees. We updated our @SuperteamEarn submission with the new video. Our @colosseum entry was already submitted, so the video fields are locked. We added the new video to the fields we can still edit instead. Live on mainnet.
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Sputnik retweeted
The tail isn't just another token. It's part of how the COMETAIL protocol is designed to work. Ever wondered why we say "sell your future fees" on COMETAIL? Because the whole idea behind tails is to feed the main token, not compete with it. $tCOMETAIL is our own example of that. Every time the tail generates fees, 50% goes back to $COMETAIL: - 25% buys and burns $COMETAIL - 25% adds permanently locked liquidity to the $COMETAIL pool - The remaining 50% goes to the protocol Our platform fees also go through the existing burn program, adding even more burns for $COMETAIL. And no, you don't need to hold $tCOMETAIL to benefit from those burns and added liquidity. $COMETAIL remains our main token. Same supply, same contract. We're experimenting with the best of @MeteoraAG 's DLMM and DBC for the hackathon, building something where launching another coin doesn't have to mean draining attention and liquidity from the original. That's what tails are supposed to do. Give the main token another source of activity, burns, and liquidity. $tCOMETAIL was launched from the same dev wallet as $COMETAIL.
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🆘 $ANYPS5
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nothing brings back the nostalgia more than sniping goblins in lumbridge
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Cz got them hands
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Sputnik retweeted
another day another dollar
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Are ya winning solana:jq79mLwhJvj7av6cHAMNdhADeEaxzzCrvEb7Lbppump ? jq79mLwhJvj7av6cHAMNdhADeEaxzzCrvEb7Lbppump
Are ya winning $SON? jq79mLwhJvj7av6cHAMNdhADeEaxzzCrvEb7Lbppump
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i would like to bid something at 10k marketcap, and proceed to sell my bag at 1million dollar marketcap. can someone find me this tek?
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Yet another amazing post of solana:GuW7v9moS4MECUKwosj1DA5nb1Zvu4ju7cnWNY25pump The NEET Gamer getting used as an example for this narra soon
Sick of Brad using his EBT money to make food plates he sells on Facebook
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Yet another banger. Massive Normie meme. $BRAD the gamer is so neet coded..
Sarah Huckabee Sanders' welfare ad, Biden edition. Meet Hunter. He's an artist now. 🎨
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GuW7v9moS4MECUKwosj1DA5nb1Zvu4ju7cnWNY25pump $BRAD will send
🚨BREAKING: Brad dies in police custody. Reports say Brad used counterfeit money in a local convenience stores. Police were called. Brad resisted arrest and died in a police confrontation. Mostly Peaceful protest are already forming.
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🚨BREAKING: Brad dies in police custody. Reports say Brad used counterfeit money in a local convenience stores. Police were called. Brad resisted arrest and died in a police confrontation. Mostly Peaceful protest are already forming.
🤖 Made with AI
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