What 'verifiable prop firm' Actually Means We call Carrot the Verifiable Prop Firm. That's not a slogan. Here's the literal list of what you can check yourself. 1. A-booked trades recorded on @arbitrum, verifiable via @GainsNetwork_io and Arbiscan 2. Every payout publicly verifiable on Arbitrum 3. 50% of evaluation revenue routed to the vault by smart contract via @RethinkProtocol, with real-time NAV, reserves and hedging visible (proof of reserves) 4. Every evaluation calculation - daily loss, drawdown, profit target, payout eligibility - verified by @OasisProtocol's ROFL and cryptographically proven on-chain 5. Your trading record stored on your Carrot FBI NFT 6. Aggregate analytics published: evaluations sold, pass rates, payouts, reserves, NAV, P&L, A-book vs B-book Don't trust. Verify!🥕

i should be focusing on web3 directly now, but my current focus is on my end run around the foundations of physics... qcnc2026(youtube.com/watch?v=da7NVwOv…) in kobe done and dusted... 4 abstracts submitted to icgac16 in shenzen, another 2 for hinode19 in nagoya

Other firms post testimonials. We post transaction hashes.🥕

Deploying DeFi Capital - June 15, Berlin 🇩🇪 50 seats. LPs, allocators, vault curators & infra builders deploying capital on-chain. Talks panels on risk & legal structuring. Invite-only. Request to join 👇

yeah, arc team isnt a neutral 3rd party to classify the sota, ship without them deniseholt.us/arc-agi-3-we-d… $tht

Close Beta is over. No more invite code needed. Now live for everyone.🥕

Traffic on @avax c-chain was over 3M tx again today thanks to 1.08M XPOW mints that cost 1.05 $AVAX. Add in Gasmen and MyPrize, it's over 2.3M transactions -- 78.4% of chain activity for 0.44% of gas fees. #AvalancheIsForBusinessButInhabitedByShitbots

Incredible scenes yet again - this is precisely the problem here from this team. This is what happened last time in private convos, they committed to changes, a definition of NAV, then 5 mins later turned it on its head and rugged it all. Commitments to progress, almost immediately reneged. 'Signal how much wants an exit option', 'We will make sure nobody will be trapped' and then 'yeah actually I realized nobody will invest more money with us because of our track record but we still want to spend a lot more, so all we can do is match buyers and sellers' - so if no buyers come in then what, we're trapped. We're trading under NAV lmao, there's no long queue of GNO buyers, it's delusion. it's the latest in a long series of rugs. It's insane that they've used 400k of founder-held GNO to vote this proposal down and frame it as a 'supermajority' - without founder tokens it would be 90% voting for it to pass. Don't get me wrong, fully accepting of the result of this vote given founder tokens are circulating - we'll have to come back with another one (and another one until our funds stop being a slush fund) - but to still bury your heads in the sand that you're doing an awful job at managing this situation just exemplifies why it won't go away. now rugging the buybacks too btw! because guess what, he wants to spend MORE than the $30m that was spent with ZERO return.

Heeaaaaaaaaated debate broke out in the ETHSecurity Community Telegram earlier today between LayerZero’s Bryan and security researchers. TLDR summary: - $3 billion of LZ OFTs were recently at risk of being compromised due to a default library contract that LZ Labs could upgrade instantly with no timelock to forge messages (like what happened with rsETH hack) -According to Banteg, major projects like Ethena and EtherFi were STILL using this default library contract as of a few weeks ago - There is still $178 million in value exposed to being compromised from projects using default library (look at quote tweet) - LZ Labs doesn’t need to be malicious for this be risk, they have history of poor opsec (in addition to being hacked by North Korea): - Onchain data shows LZ Labs multisig signers were engaging in non-multisig signing activity like trading memecoins, swapping on DEX, bridging. All major phishing risks as this mean production multisig keys were connected to websites, not just used for signing - LZ Labs handled private keys like a high schooler, trading memecoins on production multisig keys, no wonder they got targeted by North Korea, who knows what other poor opsec they have? THREAD BELOW

Crypto market update: 1. Why are we still near the lows while equities at all time highs? The hotball of speculative capital is not in crypto, its in AI names on the equity side, defense, energy, etc. 2. Was 60k the bottom for $BTC? If I had to guess, I'm leaning on about 70% for 60k being the bottom and 30% for a chance to dip into the summer. It depends on if buyers in this 60k-70k zone have a strong reason to sell later on. 3. Is the industry cooked? Ironically the adoption of stablecoins and blockchain technology is accelerating, not decelerating from what I see on the tradfi side. That doesn't mean the coins go up, most certainly not the 18th version of [insert meme coin]. Trading equities, commodities, fx, crypto all on chain is a huge win. 4. What about hacks? There's so many. This actually does concern me as I do think AI helps enable malicious actors. I think defi projects need to shift attention towards security and prioritize that. Above my competency to discuss at length. 5. Quantum risk. I do believe in quantum risk. It is probably something that keeps a lid on $BTC 's potential until the risk is mitigated. Need the industry's leaders to take it seriously and not be so dismissive about its capabilities. Crypto alone won't be the target, banks and tradfi as well. The best we can do as investors / traders is to be vigilant about it and hedge for downside in a catastrophic event (you can use options for this on $BTC) and treat it as an insurance plan as you do with your house/car/health. 6. Sentiment is so bad. It's never been this bad before. You've been here before. In fact, its likely you've been through one if not all of the following: (1) 2018 (2) COVID (3) FTX/LUNA (4) tariffs each crash was a period of terrible vibes "its never been this bad" with the remnants of crypto twitter yelling at each other and fighting each other followed by good vibes again. This is a market phenomena likely to persist until you and I are both dead. You should probably get used to it. RT if you are alive. We'll get through this.

Macro is heating up again. Bearish on Iran tensions? Think AI or quantum kills crypto? Sitting on the sidelines waiting for "clarity"? Volatility is where traders get paid. Conviction is where traders get funded. Trade with up to $50k on Carrot. 🥕

layerzero attack was not rpc poisoning in networking poisoning is when the attacker outside the trust boundary taints a shared lookup (dns, arp, cache). the consumer has no reason to distrust the source. this was not that. the attackers got inside layerzero's trust boundary. they accessed the rpc list, compromised two nodes the dvn depended on, and swapped the op-geth binaries. that's an infra breach within the perimeter. supply-chain shaped, not network shaped. and the payload was surgical. the malicious binary cloaked by ip, served forged payload only to the dvn, told the truth to scan and every other caller, then self-destructed to wipe logs and binaries. rpc poisoning makes it sound like something that happened to the infra from the outside. the real story is a targeted implant operating inside the trust boundary. that's a meaningfully scarier attack than the label suggests.

Your infrastructure was compromised, so own up to it. "Yeah but we didn't think anyone would RELY on that infrastructure" isn't an excuse Trust in LZ will tank, and it deserves to, after this.

But "My Useds Experience" x.com/nullpackets/status/204…

To be clear: North Korean hackers infiltrated LayerZero Labs’ centralized infrastructure and stole $290M Rather than explain how that happened, LZ put out a statement carefully worded by lawyers to minimize their liability and threw KelpDAO under the bus for trusting them

Look guys, it's actually really straightforward, a bunch of people staked their ETH on the Ethereum blockchain to earn yield, except they didn't want their capital to be locked up, so they actually staked with a liquid staking protocol called Lido who provided them a liquid staking receipt token called stETH, except they decided to juice their yield further by depositing their stETH receipt tokens into a restaking protocol called Eigenlayer, except they didn't want to lock up their capital, so they actually restaked with a liquid restaking protocol called KelpDAO who provided them with a liquid restaking receipt token called rsETH, except they decided to juice their yield further by depositing their rsETH tokens into a lending protocol called Aave so that they could open a leveraged looping position that borrows ETH against the rsETH collateral and restakes the ETH into rsETH which is then deposited as collateral, except it turns out rsETH used a cross-chain bridge called LayerZero that was hacked by north koreans causing rsETH to become undercollateralized and now these looping positions are stuck and unprofitable, and everyone is pointing fingers at each other, and also DeFi is a very serious industry