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VOICE ARCHIVE

Hasu

@hasufl
23 posts
2025-11-04
Balancer v2 launched in 2021 and is one of the most looked at and forked smart contracts since. It's very scary. Every time such an old contract can be exploited, it (rightfully) sets Defi adoption back by 6-12 months.
2025-11-04 View on X
Decrypt

DeFi protocol Balancer says an attacker exploited its V2 Composable Stable Pools on November 3, resulting in an estimated ~$128M in losses across blockchains

Some $128 million in crypto was stolen from Balancer liquidity pools on Ethereum and beyond, with Berachain halting its chain as a result.

2025-11-01
Not sure if Brian thought he is helping anyone here but the opposite feels true. The subjects of a bet becoming self aware and actively changing their behavior is ironically the failure mode of prediction markets that will lead to liquidity drying up.
2025-11-01 View on X
Bloomberg

Brian Armstrong ended Coinbase's Q3 earnings call by saying certain words that Kalshi and Polymarket users had wagered would be mentioned during the call

When Coinbase Global Inc.'s quarterly earnings call wrapped up Thursday, its chief executive, Brian Armstrong, didn't finish with profit guidance or statements of confidence.

2025-02-22
If you want my serious take 1. Bybit has way more than 1.4b of revenue per year. They are good for the money and will make all customers whole. 2. It doesn't matter for ETH because Bybit will honor customers's ETH liabilities and buy back the assets on open market.
2025-02-22 View on X
Bloomberg

Crypto exchange Bybit says a hacker took control of one of its cold Ethereum wallets, resulting in what analysts estimate was the loss of ~$1.5B worth of tokens

- North Korean group Lazarus suspected by industry researchers  — Prices of Ether, Bitcoin and other tokens decline after theft

2025-02-21
If you want my serious take 1. Bybit has way more than 1.4b of revenue per year. They are good for the money and will make all customers whole. 2. It doesn't matter for ETH because Bybit will honor customers's ETH liabilities and buy back the assets on open market.
2025-02-21 View on X
CoinDesk

ZachXBT: crypto exchange Bybit has experienced $1.46B worth of “suspicious outflows”; Bybit CEO confirms hacker took control of a cold ETH wallet

Cryptocurrency exchange Bybit has experienced $1.46 billion worth of “suspicious outflows,” according to blockchain sleuth ZachXBT.

2023-04-04
This is incredible, congrats. Big probs to the Euler team for their professionalism and persistence in recovering their users' funds. https://twitter.com/...
2023-04-04 View on X
CoinDesk

DeFi lending protocol Euler says all “recoverable funds” stolen in its ~$200M exploit have been returned; blockchain data shows the hacker apologized last week

Culprit had already apologized.  —  The hacker responsible for roiling Euler Finance by draining some $200 million …

2023-01-19
So, Peter Thiel sold Bitcoin at the top after holding it for 8 years. That's so impressive, to be able to do that after holding it for so long https://twitter.com/...
2023-01-19 View on X
Financial Times

Sources: Peter Thiel's Founders Fund sold most of its crypto portfolio by the end of March 2022, before the crypto market crash, generating ~$1.8B in returns

Billionaire was early mainstream investor in the digital currency but VC fund no longer has significant exposure

2022-09-16
simply speaking, a bet on Bitcoin today is still a bet on a great asset+network as is. and maybe that's enough for a bright future, maybe not. but it's no longer a bet on human creativity, entrepreneurialism, and problem-solving. and that's what's making me really sad
2022-09-16 View on X
The Block

Ethereum activates its long-awaited Merge upgrade, in development since 2020, and transactions are now being processed under proof of stake

First off, thank you for reading and as always, nothing you read or hear of my content is ever financial advice. Ryan Whitwam / ExtremeTech : Ethereum Switches to Proof-of-Stake, W...

the merge has only convinced me further that the intellectual state of the btc community is truly in shambles. the high-quality people who remain (e.g. bitmex research) are mostly covering ethereum now. I still love Bitcoin very much and hope for a restorative movement.
2022-09-16 View on X
The Block

Ethereum activates its long-awaited Merge upgrade, in development since 2020, and transactions are now being processed under proof of stake

First off, thank you for reading and as always, nothing you read or hear of my content is ever financial advice. Ryan Whitwam / ExtremeTech : Ethereum Switches to Proof-of-Stake, W...

simply speaking, a bet on Bitcoin today is still a bet on a great asset+network as is. and maybe that's enough for a bright future, maybe not. but it's no longer a bet on human creativity, entrepreneurialism, and problem-solving. and that's what's making me really sad
2022-09-16 View on X
Wall Street Journal

Speaking hours after Ethereum's Merge update, SEC Chair Gary Gensler says cryptocurrencies that let holders stake coins may be subject to US securities laws

SEC chairman says system used by ether following software update could trigger securities laws  —  WASHINGTON—Ethereum's big software update …

the merge has only convinced me further that the intellectual state of the btc community is truly in shambles. the high-quality people who remain (e.g. bitmex research) are mostly covering ethereum now. I still love Bitcoin very much and hope for a restorative movement.
2022-09-16 View on X
Wall Street Journal

Speaking hours after Ethereum's Merge update, SEC Chair Gary Gensler says cryptocurrencies that let holders stake coins may be subject to US securities laws

SEC chairman says system used by ether following software update could trigger securities laws  —  WASHINGTON—Ethereum's big software update …

2022-08-09
after some reflection, here's my take on a eth pow fork 1. many, incl me, have predicted for years that miners would fork ethereum to extract the final juice out of their investment. it doesn't take nostradamus to see this.
2022-08-09 View on X
Bloomberg

A look at potential Ethereum forks, led by some miners, who face grim prospects after the Merge to a proof-of-stake model that's expected as early as September

what they don't seem to realize is that so far there is no plan to change the chain ID for replay protection (EIP-155). That means anything you do on one chain can be replayed by a...

2022-08-08
after some reflection, here's my take on a eth pow fork 1. many, incl me, have predicted for years that miners would fork ethereum to extract the final juice out of their investment. it doesn't take nostradamus to see this.
2022-08-08 View on X
Bloomberg

A look at potential Ethereum forks, led by some miners, after the shift to a proof-of-stake model, called the Merge, expected as early as September

A monkey wrench is about to be thrown into the already complicated transition that the Ethereum blockchain is slated to go through soon.

2022-06-30
bitcoin maximalism is —and has always been— an autoimmune disorder eating away at the host.
2022-06-30 View on X
Bloomberg

Bitcoin is on track for its worst quarter since Q3 2011, dropping 56%, after falling as much as 4.4% to just above $19K on Thursday

Bitcoin is on track for its worst quarter in more than a decade, as more hawkish central banks and a string of high-profile crypto blowups hammer sentiment.

bitcoin maximalism is —and has always been— an autoimmune disorder eating away at the host.
2022-06-30 View on X
CoinDesk

MicroStrategy purchased 480 bitcoins at a $20,817 average price from May 3 to June 28, bringing its holdings to 129,699, acquired for ~$3.98B or $30,664 each

2022-06-29
bitcoin maximalism is —and has always been— an autoimmune disorder eating away at the host.
2022-06-29 View on X
CoinDesk

MicroStrategy purchased 480 bitcoins at a $20,817 average price from May 3 to June 28, bringing its holdings to 129,699, acquired for ~$3.98B or $30,664 each

The company disclosed the acquisition of another 480 bitcoins, bringing total holdings to 129,699 coins. Source: @saylor .

2022-06-27
My two cents — I'm a Blockfi equity holder, and wiping out equity holders is exactly what SHOULD happen if a bank/lender goes insolvent. Customer deposits must be protected at all costs. https://twitter.com/...
2022-06-27 View on X
CoinDesk

Leaked investor call: BlockFi backer Morgan Creek Digital aims to raise $250M to counter FTX's BlockFi bailout, since it could wipe out BlockFi shareholders

FTX's $250 million credit facility offer - if inked as initially proposed - stood to effectively wipe out all BlockFi shareholders …

2022-06-26
My two cents — I'm a Blockfi equity holder, and wiping out equity holders is exactly what SHOULD happen if a bank/lender goes insolvent. Customer deposits must be protected at all costs. https://twitter.com/...
2022-06-26 View on X
CoinDesk

Leaked investor call: BlockFi backer Morgan Creek Digital aims to raise $250M to counter FTX's BlockFi bailout, since it could wipe out BlockFi shareholders

FTX's $250 million credit facility offer - if inked as initially proposed - stood to effectively wipe out all BlockFi shareholders …

2022-05-11
UST is worse than Bitconnect. At least Bitconnect didn't masquerade as a stablecoin. When your ponzi targets people's savings (not investment) portfolio, there is a special place in hell reserved for you. Half of CT influencers, VCs, and trading firms are complicit.
2022-05-11 View on X
The Block

LUNA and the UST stablecoin continue to plummet; LUNA dropped as low as $1, a ~97% slide in 24 hours, while UST dropped as low as $0.27, a ~60% fall in 24 hours

Quick Take  — The price of Luna has dropped 82% in the last 24 hours.  — Its related stablecoin UST has retreated …

2022-05-10
Binance book is empty. Never seen that before https://twitter.com/...
2022-05-10 View on X
CoinDesk

CoinMarketCap: UST stablecoin loses its USD peg, falling as low as $0.60, after the Luna Foundation Guard pledges $1.5B of its bitcoin reserves to support UST

Despite Loan From Bitcoin Reserves The Block : Crypto researcher unpacks why UST broke down and what happens next Brian Newar / Cointelegraph : Terra peg mechanism in doubt as UST ...

Binance book is empty. Never seen that before https://twitter.com/...
2022-05-10 View on X
Bloomberg

A look at Do Kwon's algorithmic UST stablecoin, designed to trade at $1, after it fell as low as $0.60; CoinMarketCap says there are 18.5B UST in circulation

Algorithmic stablecoins, like their more “traditional” counterparts, are supposed to provide calm in the chaos of crypto.