I don't wanna be that guy BUT Thanks for playing i guess???

The Resolv USR exploit wasn't a bug - it was a feature working exactly as designed. And that's the problem. How USR minting works: you deposit USDC, then an off-chain service with a privileged key decides how much USR to mint for you. The contract checks the minimum but has no maximum. No cap. No ratio to collateral. Whatever the key holder says - gets minted. You could deposit $1 and mint billions. This design was live since day one. It wasn't a code bug. The threat model was simply: "the key won't leak." It did. Attacker got the key. Deposited $200K across two txs, minted 80M unbacked USR. Dumped on DEXes, walked away with ~$23M in ETH. Single point of failure: one private key, no on-chain sanity checks. No max mint ratio, no multisig, no timelock. One compromised key = unlimited money printer. The contract worked perfectly. That's the scariest part.

I traced the Resolv $USR exploiter's full funding chain onchain. The root wallet behind the $25M hack was seeded directly from @Binance. They have KYC on this person. Tagging @zachxbt because this rabbit hole goes deeper than just Resolv 🧵 (sorry for the tag bro) (1/4)

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🚨 #Bums and #Fomohash Scam Alert Do not invest in these two projects. As many of you know, both projects are run by the same team. They’ve been scamming people for a long time, continuously collecting money. Even I personally invested $200 in Bums and $50 in Fomohash in the early stages. Let’s start with $Bums. The listing was supposed to happen 4–5 months ago. But to steal more money, they delayed it by 45 days. After 45 days, they extended it to 66 days. When 66 days passed and still no listing, they started Season 2 immediately after Season 1 ended, which we played for nearly a year. Now they’re saying maybe it will be listed after Season 2 ends—who knows when that will be. Now on to Fomohash. All 1 billion tokens were supposed to be mined by now. But they’ve been intentionally dragging out the mining process. Just a week ago, they slowed it down again. Now, each block takes 75 seconds to mine. That means we’ll need at least 70 more days to finish mining the remaining blocks—at the current rate. But they could easily slow it down more and stretch it to a year if they want. Here’s my point: I don’t even think they plan to list. They’ll probably try to keep stealing money for another 6–7 months, then completely abandon the project and vanish. Unfortunately, this is becoming a pattern with many Telegram-based projects. Even if they list, it’ll likely only be on a DEX with very little liquidity. They might add just 1% of the funds they collected as liquidity. So people won’t get anything but dust. If I ever get my $250 back, it’ll probably be just $3–5 at best. So my final message is clear: Absolutely do not invest money into these two projects. If you want to keep playing, do so without putting in any funds. That’s all I wanted to say. Thank you.

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We are aware of the situation currently evolving with Bybit and are continuing to monitor developments. As a reminder: all spot assets backing USDe are held in off exchange custody solutions, including ByBit via Copper Clearloop for this precise reason. Not a single dollar of spot backing value is held on any exchange, including Bybit. Currently there is <$30m of aggregate unrealised PNL relating to Bybit hedge positions, which is less than half of the reserve fund. USDe remains more than fully collateralised at this time. We will provide updates as we receive them.

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@animix_tech is crushing it in its 1st month: ( ) 400k Animasters playing the 1st GenAI pet fusion game on Telegram ( ) The 1st native token launch on Sophon And now Animix’s new PvP Arena game mode is live. Learn more & start playing below 👇

🎉 THE PRE-PVP ARENA EVENT HAS WRAPPED UP!🎉 🔥 Animasters, what an incredible battle it’s been! Huge congratulations to the Top 10 Winners who rolled their way to victory! 🎁 Rewards will be distributed directly to the wallet you’ve connected to the game tomorrow. Thank you for being part of this epic celebration! 🌟 Stay tuned—the PvP Arena game mode launches at 8 AM UTC on January 20, 2025. Important information related to the Arena Tiers in PvP Arena Season 1 will be shared in the Animix Telegram Updates group. Don’t forget to check it out and get ready for the launch tomorrow! 🚀 Get ready to dominate! 💪🔥

Animasters! 🐾 The PvP Arena is NOW live in the Animix mini-game app! 🏆 The battle for glory begins—set your Defense Team, dominate 3-round matches, and rise through Platinum, Diamond, Master, and Champion Tiers! ⚡ Quick Reminder: Reload your page to unlock the new game mode! 🗺️ Arena Guide: animix.tech/arena-guide 📜 Season 1 Rules: t.me/animixtech/71 Don’t forget to check this info to fully master the new game mode! Let’s get it!!! 🔥 🧬 Stay Updated: Follow 👉 t.me/animixtech