Playing short term games while playing long term games

Joined October 2011
159 Photos and videos
Iykyk
πCreds is out!! Come see how to prove things about yourself to third parties — your health status, financial reliability, or that you're actually good at your job — without giving up your data 👇
2
3
244
The first real use case of prediction markets discovered
BUSINESSES ARE NOW USING PREDICTION MARKETS TO HEDGE PROMOTIONS LOL A BAR IN NYC HAD A PROMO IF THE KNICKS WIN, THEY COVER EVERYONE’S DRINKS FOR THE NIGHT THE BAR PLACED A $5K HEDGE ON KALSHI THAT PAYS OUT IF THE KNICKS WIN THE BAR WINS EITHER WAY
1
4
328
DeFi Drew retweeted
I imagine it gets harder to win deals when you have to check the "Yes" box on this.
10
12
127
4,813
DeFi Drew retweeted
layer zero is getting absolutely demolished this month everyone canceling them it really is a winner takes all industry why would you bet lighter when hyperliquid exists why would you buy bitcoin cash when bitcoin exists why would you use LZ when CCIP exists?
May 14
Kraken is deprecating its existing cross-chain provider and migrating to @Chainlink CCIP as its exclusive cross-chain infra to secure Kraken Wrapped Bitcoin (kBTC) & all future Kraken Wrapped Assets. Kraken chose Chainlink CCIP because it offers enterprise-grade infrastructure with strict security & risk management requirements, including: • ISO 27001 and SOC 2 Type 2 certifications • Secure by default architecture • 16 independent nodes • Native rate limits, and more. Together, Chainlink and Kraken can help accelerate the global adoption of crypto by unlocking utility and distribution for all Kraken Wrapped Assets across DeFi. For kBTC customers, no action is required. More details on the migration process to follow on official Kraken channels.
28
17
326
22,976
Dj Khaled meme
May 14
Kraken is deprecating its existing cross-chain provider and migrating to @Chainlink CCIP as its exclusive cross-chain infra to secure Kraken Wrapped Bitcoin (kBTC) & all future Kraken Wrapped Assets. Kraken chose Chainlink CCIP because it offers enterprise-grade infrastructure with strict security & risk management requirements, including: • ISO 27001 and SOC 2 Type 2 certifications • Secure by default architecture • 16 independent nodes • Native rate limits, and more. Together, Chainlink and Kraken can help accelerate the global adoption of crypto by unlocking utility and distribution for all Kraken Wrapped Assets across DeFi. For kBTC customers, no action is required. More details on the migration process to follow on official Kraken channels.
1
1
11
311
LETS GOOOOOOO Bipartisan is HUGE
🚨JUST IN: The Clarity Act ADVANCES out of the Senate Banking Committee in a 15-9 bipartisan vote, with two Democrats voting in favor: @SenRubenGallego and @Sen_Alsobrooks. Next stop: the full Senate.
9
302
Bullish
$LINK TOKENOMICS ALPHA: @chainlinklabs is hiring a product manager node economics The job description: Build the compensation and incentive systems that directly influence how Node Operators perform across a network securing the majority of DeFi and powering every Chainlink product One of the requirements: Comfortable working closely with data scientists, economists, or quantitative teams to translate models into product or operational decisions Looks like $LINK economics will become a reality soon Staking V1
11
918
DeFi Drew retweeted
Real-time CCIP tracking is now live 🚀 🔗cciptracker.com
26
31
306
20,164
Sounds legit
LIVE: @StateStreetIM, a global asset manager with $5 trillion AUM, and @galaxyhq have launched SWEEP, a tokenized liquidity fund powered by Chainlink. Through NAV data and CCIP, Chainlink is enabling regulated yield-bearing liquidity in 24/7 digital markets.
2
290
DeFi Drew retweeted
May 5
After the recent LayerZero exploit, we are taking steps to ensure rsETH is fully secure, which is why we are migrating to @chainlink CCIP. From the April 18 incident, it is clear that LayerZero's own infrastructure was exploited, resulting in $300M in losses across DeFi. Independent reports from SEAL 911, Chainalysis, and other major leading security researchers all point to the same origin. There are questions that the ecosystem deserves answers to. And we are ensuring rsETH is secured by infrastructure that doesn't leave these questions open. That’s why we’re setting the record straight.
207
221
1,303
337,640
It’s OVER for L2s Don’t let this kill L1 defi, that’s all Eth has going for it
imo L2 Aave ETH lenders taking a concentrated loss would be among the ugliest, nastiest outcomes in our history. you're talking about kneecapping the life savings of our brothers in eth whose only crime was not being rich enough to use L1 Aave
1
4
484
My vote is for option 2 Just end L2s, this is the death knell This speeds up the process that’s already underway Also, no more bridged assets that don’t use CCIP
Apr 20
Update on rsETH incident: @LlamaRisk has published a report outlining the rsETH incident, the immediate actions taken, its impact on Aave, and potential paths forward. All service providers have been working to assess the two potential bad debt scenarios on the Aave protocol. Aave DAO service providers are also leading an effort with ecosystem participants to address any bad debt. This effort already has several indicative commitments from various parties and we are grateful for the strong support we have received so far. We will share further updates as we have them. In the meantime, the full report can be read here: governance.aave.com/t/rseth-…
8
5
103
16,112
SAVAGE
Can’t help but reflect on how much of this mess is a downstream consequence of the rollup centric roadmap and misconceptions promulgated in the interest of “alignment”. For years users were told: - “L2s are just Ethereum”. Except when shit hits the fan we learn L2 assets are very much junior to mainnet - “Rollups share a security zone”. Only if you use the canonical bridge… which nobody does because the roadmap was launched when the tech was unusable 7 day bridges. - “Every app needs their own chain”. An explosion of marginal chains exposing a huge surface area of often barely maintained infra. The hack started on a chain with just 47 rsETH. Why does that chain exist? - “Ethereum is the world’s most economically secure asset”. Now we have a million restaking wrappers each with their own vulnerability surface, many treated as secure as ETH. All to support barely any demand
383
DeFi Drew retweeted
Apr 19
Don't be surprised when a LayerZero multisig exploit ends up funding some more DPRK tests 🫡 612 days ago
15 Aug 2024
124d8e4a9bf6f58e20ea7d754410f7422a0fa77d410b77cb5ba539ecb0145bbb
32
77
932
110,293
What’s the $WBTC layer zero setuo? 2 of 2? $cbBTC is safer right?
2
1
7
1,163
DeFi Drew retweeted
Imagine a critical infrastructure project not burdened by investments from grifting VC's and shady exchange operators. $LINK #CCIP
5
24
141
DeFi Drew retweeted
Banks are burning $58B a year because they're still processing data like it's 1985. (And Chainlink just published an article showing how to fix it.) Here's the idea in a nutshell: Every time a public company does a stock split, merger, or dividend payout - that's a "corporate action." There are 3.7M of these events per year in the U.S. alone. And 46% of the data is STILL processed manually. (Think: Analysts reading PDFs and copy-pasting into spreadsheets - in 2026!) Each event touches 110,000 firm interactions and costs $34M to process. Total damage: $58B per year in costs, errors, and delays. So Chainlink teamed up with 24 of the world's biggest financial institutions (Swift, Euroclear, UBS) to try something different. Instead of forcing thousands of companies to change how they send data (tried for decades, never worked)... They changed how the data gets received. Step 1: AI reads the messy PDFs and pulls out the key info. Step 2: Chainlink oracles take that data from multiple AIs, verify it, and agree on one trusted answer. Step 3: That answer gets published onchain as a "Golden Record" - one source of truth that can't be tampered with. The kicker? They hit 100% consensus across all tested corporate actions - with ZERO hallucination problems. The TL;DR of all of the whole concept: TradFi connects to onchain infrastructure → AI collects the data → Oracles verify it → Blockchains secure it. And DTCC, Euroclear, Swift, and BNP Paribas are already plugging in.
9
43
299
38,337
DeFi Drew retweeted
I sent ChatGPT an audio file of a series of FART sound effects and asked what it thinks of "my music" and this is what it said
988
4,379
57,339
5,266,416
DeFi Drew retweeted
Europe's largest asset manager Amundi (€2.3T AUM) and Spiko launched a tokenized mutual fund powered by Chainlink In just three weeks, its grown to $400M in AUM, making it the fastest-growing tokenized fund in the world The Spiko Amundi Overnight Swap Fund (SAFO) uses Chainlink for automated NAV reporting and secure cross-chain interoperability Live in production on Ethereum and Stellar Chainlink is how the world’s largest asset managers are unlocking the issuance and distribution of tokenized funds globally
$SAFO is now the fastest-growing tokenized fund in the world. ~$400M in TVL. Three weeks after launch. Stronger start than $BUIDL. Built on @ethereum and @StellarOrg Powered by @chainlink
11
65
369
16,764
Going live THIS YEAR
Our plans to build a blockchain-based shared ledger have reached a major new milestone. After completing its design phase with a global group of banks, we are now shaping the ledger’s first MVP iteration, which will enable interoperability between banks’ tokenised deposits and facilitate 24/7 cross-border payments. 📅The MVP is planned to go live with real-world transactions this year, as we work in parallel with banks internationally to help accelerate the industry's transition to digital finance. The ledger will allow payments to be executed using tokenised deposits, leverages existing compliance processes and supports multiple settlement options. The result? - Faster payment execution - Better liquidity visibility - Reduced reconciliation efforts - Interoperability across institutions ⚡Learn more about how our progress on the ledger is part of a parallel track strategy to power a best-in-class payments experience, however value moves: swift.com/news-events/news/s… #CrossBorderPayments #Ledger
2
1
15
709