Marioo (@marioy00) 's Twitter Profile
Marioo

@marioy00

Web3 Dev / Crypto Trader

ID: 1207006770863976450

calendar_today17-12-2019 18:37:03

1,1K Tweet

632 Followers

494 Following

Marioo (@marioy00) 's Twitter Profile Photo

🚨 Are we witnessing max extraction in real time β€” and a black swan event that could push crypto to new lows? Let me explain what just happened with World Liberty Financial in plain terms. WLFI printed their own token. Then they used that token as collateral. Then they borrowed

🚨 Are we witnessing max extraction in real time β€” and a black swan event that could push crypto to new lows?

Let me explain what just happened with World Liberty Financial in plain terms.

WLFI printed their own token. Then they used that token as collateral. Then they borrowed
Marioo (@marioy00) 's Twitter Profile Photo

Something quietly significant just happened in DeFi. On April 14, Morpho πŸ¦‹ officially named its long-in-development fixed-rate protocol: Morpho Midnight. And the CEO Paul Frambot πŸ¦‹ was deliberate about one thing from the start. Midnight is not a sequel to Morpho Blue. "It is a

Something quietly significant just happened in DeFi.

On April 14, <a href="/Morpho/">Morpho πŸ¦‹</a>  officially named its long-in-development fixed-rate protocol: Morpho Midnight. And the CEO <a href="/PaulFrambot/">Paul Frambot πŸ¦‹</a>  was deliberate about one thing from the start. Midnight is not a sequel to Morpho Blue. "It is a
Marioo (@marioy00) 's Twitter Profile Photo

🚨 $13B evaporated from DeFi in 48 hours. KelpDAO's bridge got exploited β†’ attackers minted $292M in fake rsETH β†’ deposited it on Aave as collateral β†’ borrowed real WETH β†’ left $196M in bad debt. Aave TVL: $26.4B β†’ $17.9B πŸ“‰ Total DeFi TVL: $99.5B β†’ $86.3B πŸ“‰ AAVE token:

🚨 $13B evaporated from DeFi in 48 hours.

KelpDAO's bridge got exploited β†’ attackers minted $292M in fake rsETH β†’ deposited it on Aave as collateral β†’ borrowed real WETH β†’ left $196M in bad debt.

Aave TVL: $26.4B β†’ $17.9B πŸ“‰
Total DeFi TVL: $99.5B β†’ $86.3B πŸ“‰
AAVE token:
0x15.eth (@0x15_eth) 's Twitter Profile Photo

After studying the recent hacks i just realized DeFi’s biggest attack surface isn’t always the smart contract. It’s the stuff everyone quietly trusts: - god keys - multisigs - bridge verifiers - oracles - RPCs - domains - dev laptops - human signers β€œTrustless” is the brand.

0x15.eth (@0x15_eth) 's Twitter Profile Photo

Let’s be honest. You can’t β€œfight blackhats” with good intentions. Blackhats are motivated by immediate money. They spend countless hours looking for ways to break protocols because the reward is instant. Whitehats are also expected to think like attackers, find critical bugs,