Joined September 2012
120 Photos and videos
MAGAThor💹🧲 retweeted

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MAGAThor💹🧲 retweeted
🇦🇺 2-0 🇹🇷 Winning and losing is part of football. Respect should be too. Disappointing to see Arda Güler walk away without acknowledging or shaking hands with the Australian players after the final whistle. Moments like that say a lot about character. Turkey have some outstanding footballers, but sportsmanship matters just as much as talent. The Socceroos earned their victory and deserved that respect. Take the loss, shake hands, and move on. That’s football. 🤝⚽️ 🎥 @iHQGuler
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MAGAThor💹🧲 retweeted
Saylor sold 32 $BTC, then said $ETH confidence collapsed. Unfortunately, Tom Lee was in the room.
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Alright Thorchads! Once again, here is my proposal on how to move forward after Friday’s TSS vault exploit. Looking forward to constructive feedback to make it better, and looking forward to read new and different proposals if you have one! It is important to participate actively during this time. Let’s go!! @THORChain gitlab.com/-/snippets/599292…
Alright Thorchads, here is my proposal to get TC out of the mess quickly and in full force, while keeping its reputation and TVL. The world needs a rich and diverse cross chain DEX market, we are rooting for each of you @THORChain ❤️ Let’s do this gitlab.com/-/snippets/480155…
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MAGAThor💹🧲 retweeted
Wishing the @THORChain team well. I'm sure the community will persist as always. Every protocol handling exogenous capital needs to be doubling and tripling down on security. Everyone with a claude subscription is now an expert-level hacker. Stay safe.
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MAGAThor💹🧲 retweeted
THORChain incident update #1 THORChain contributors shared a new update in the dev discord regarding the ongoing incident. TLDR - Current evidence points toward a newly churned node linked to the attack, likely operated by a single malicious actor - The leading theory is an exploit in the GG20 TSS implementation, allowing vault key material to leak over time. The attacker may have reconstructed the vault private key and executed unauthorized outbound txs - Current network status: -- The network is paused after multiple node operators executed make pause -- RUNE transfers and chain observation may resume within ~12h unless decided otherwise by the nodes. -- Trading, LP actions, signing, and sensitive operations remain paused for now - Recovery discussions currently include slashing affected node bonds, using POL to absorb losses, or other community-driven solutions The investigation is still ongoing alongside THORSec and Outrider Analytics. ## Full Announcement ## Developers and THORSec have been investigating today’s incident continuously throughout the day. While new information may still emerge, I want to provide the community with an update based on what we currently know. The goal of this update is to clarify the current understanding of the situation as accurately and transparently as possible. A newly churned node, thor16ucjv3v695mq283me7esh0wdhajjalengcn84q, which entered the network several days ago, is currently believed to be associated with the attack. Developers have identified links between Ethereum addresses used to acquire and bond RUNE for this node, and Ethereum addresses that later received the stolen funds. Based on current evidence, it is believed this was conducted by a single malicious operator, though the investigation remains ongoing. At this time, the leading theory is the attacker exploited a vulnerability within the GG20 TSS implementation which allowed sensitive key material from vault participants to leak over time. By accumulating enough leaked information, the attacker was ultimately able to reconstruct the vault’s TSS private key and execute unauthorized outbound transactions. The Treasury is actively collecting forensic data and coordinating with Outrider Analytics and relevant law enforcement agencies in an effort to identify the attacker and pursue recovery of stolen funds where possible. Due to multiple node operators executing make pause, the network is currently paused. Unless further action is taken, the pause state will automatically expire in approximately 12 hours. At this time, the development team is comfortable allowing the pause to expire in order to restore RUNE transfers and chain observation activity. However, trading, signing, LP actions, and other sensitive operations will remain paused until the network and community align on a comprehensive recovery and remediation plan. The recovery process will likely require node governance decisions regarding how losses are ultimately handled. Several potential approaches are already being discussed, including: Slashing the bond of nodes participating in the affected vault Allowing Protocol-Owned Liquidity (POL) to absorb the loss Additional recovery proposals that may emerge from the broader community At this stage, no final decisions have been made. The team is continuing to work on a complete recovery and restart plan for the network. Bringing trading and full functionality back online will likely take several days, and potentially longer depending on the complexity of the chosen remediation path. We will continue to provide updates as more information becomes available. Finally, I want to thank the developers, node operators, security contributors, and the broader THORChain community for the enormous amount of work done today. One of THORChain’s greatest strengths has always been the community’s ability to come together under pressure, collaborate quickly, and solve difficult problems together.
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In my convo with Saylor last week, he was openly excited about “yield tokens” using $STRC in defi.
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MAGAThor💹🧲 retweeted
⚡️Nodes, your votes are needed. Three new stable pools are proposed to strengthen the RUNE/USD price reference: BSC.USDT, BASE.USDC, and TRON.USDT. All three are live with meaningful depth. Adding them makes the TOR anchor more resilient to single-chain or single-issuer disruptions. Strictly additive, no downside if any one becomes unhealthy. Requires 2/3 supermajority to pass. And the xUSK is the receipt token for USK deployed in Kujira's lending vault. With the MR merged and live in v3.17, nodes need to activate: ENABLESWITCH-GAIA-XUSK: 1 You can find the full announcement to the community of the sunsetting USK here: x.com/RujiraNetwork/status/2…

Replying to @RujiraNetwork
Furthermore, if you are still holding USK or xUSK on Kujira, we advise you to read this article, follow our social channels, and be ready for the final merge of xUSK from Kujira to Rujira.
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$292M lost to one bridge exploit this year. Rujira doesn't use bridges. Every swap settles natively on THORChain. The safest trade is the one that never wraps. #THORChain #Rujira #DeFi #CryptoSecurity
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MAGAThor💹🧲 retweeted
Most protocols pay liquidity providers with printed tokens. THORChain pays them with real swap fees from 68.8M transactions. No emissions. Deflationary supply. Revenue from usage, not inflation. That's the difference between a product and a Ponzi. #THORChain #RealYield #D...
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MAGAThor💹🧲 retweeted
THORChain is working on enabling XMR swaps, further increasing liquidity availability that has been lost due to the recent delisting from exchanges even though monero is still listed on major exchanges like kraken or kucoin, the reality is that in the real world there is no sense of urgency to use crypto beyond wanting to get rich quick what comes in the following years might be the most interesting developments in crypto adoption since the beginning of the space as people smarten up and flock out of participating in meme coins and other related scams only then will the strongest survive and begin to thrive
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MAGAThor💹🧲 retweeted
Trump after being shot. Albanese after being heckled.
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Replying to @DouglasTuman
So we will have to turn @THORChain back on in @cakewallet
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MAGAThor💹🧲 retweeted
New in Swap Settings ⚙️ Users can now select “Decentralized Only”, either per swap or as a global default. When enabled, routes will prioritize fully decentralized venues (@THORChain, @Maya_Protocol, @Harbor_DEX), giving users more control over how their swaps are executed onchain. Different routing models serve different needs. Now you can choose the one that fits yours. 🔁🔗
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MAGAThor💹🧲 retweeted
$17 MILLION IN PASSIVE INCOME ! 🤯🔥 You read that right. The @THORChain integration led to @TrustWallet earning over $17.46 Million via affiliate fees alone. That figure is bonkers. If you are a Wallet or a Dex Aggregator, this is your sign to integrate @THORChain . Give your users native swap routes and unlock a massive new revenue stream! 💪 $RUNE $TWT
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Strategy: Bitcoin and Thorchain ecosystem 👌❤️
Vaultstone Fund I LP filed its Form D with the SEC under Rule 506(c). CIK: 0002112204 — go verify it yourself on sec.gov. In crypto, transparency is a competitive advantage. Here's why we did it the hard way: 1/3
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Let's see.
Prediction of the future is the best measure of intelligence
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For most of my life, I was trying to adapt to the established economic machine. Watching the experts. Trying to become one of them. It just hit me — I don’t need to play that game anymore.
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Mad respect for Anton. Cut my teeth in his finance/trading course many years ago. Good to see BTC posts after years of resistance. Progress
Here's the crazy thing about BTC since Trump has taken office i.e. over the last 14 months. Saylor has bought 2% of all BTC supply and campaigned harder than anyone possibly could do looking for marginal buyers / "greater fools" to push it higher. He's engaged in financial alchemy, non stop relentless gaslighting of the public via every media channel possible, heavy handedly left giant execution footprints (some would call it intentional price manipulation) forcing it up, he's gotten hundreds of copycat companies to cookie cutter the "treasury strategy," he's tried to convince governments globally to buy it at all time highs, even campaigned in person at the White House directly to the President to amend regs and buy it as a government balance sheet "strategic" investment.., ... and whats the Price Action? BTC is flat since the 2024 election result AND down 30% since Trumps inauguration day. In trying to build a greater fool strategy, Saylor himself has ironically become the greater fool. There is no marginal buyer. HE WAS the marginal buyer, that took it from 60K to 120K, and now he's underwater, with capital markets likely shutting him out (no ammo) and left holding the bag with nowhere to turn for a bailout. ... and remember all this has happened with the backdrop of a rate cutting cycle. The most accomodative monetary policy environment possible you could hope for as a BTC holder. Meanwhile millions of Retail Trader Wojacks globally are on their knees praying for a miracle for it to go up. This is a modern day comical nihilist disaster / tragedy. What a mess! 🤣
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