BNB Chain research, one protocol at a time. Tokenomics • On-chain data • Tech • All in on CAKE | BSC 🚀
New York, USA
Joined December 2017
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Whenever you think you’re smart there’s always someone smarter than you🤭
The Binance hacker might have just pulled off one of the smartest moves I’ve seen in crypto.
First, Tether froze $1.5 billion in USDT.
Then Circle froze another $800 million in USDC.
At that point, it looked like the hacker’s money was trapped.
But apparently, he had already planned for that.
Instead of holding the stolen USDT in a wallet, he allegedly deposited it into Aave and used it as collateral to borrow ETH.
Then he walked away.
That’s where the story gets crazy.
Tether can freeze the USDT sitting in the wallet.
But it can’t freeze the ETH he already borrowed.
So now Aave is left holding frozen collateral, while the hacker is sitting on liquid ETH.
And unless the protocol can recover it somehow, he may not even need to pay the loan back.
Two companies froze billions of dollars in seconds.
But someone who understood how to use DeFi may have found a way around both of them.
Pretty insane when you think about it.
🥞 A quick reminder for DeFi users
A token’s ticker doesn’t tell you the whole story.
Before bridging any asset, always check
🔹 Which blockchain is it on?
🔹 Is it the native token or a bridged representation?
🔹 Which bridge supports it?
🔹 Is the destination contract verified?
Holding $UNI on opBNB isn’t necessarily the same as holding native UNI on Ethereum.
And the same principle applies to $CAKE across different chains.
Don’t just check the ticker.
Check the contract.
Protect your assets. 👻
Do we really believe every exchange hack is exactly what we’re told it is?
What if some incidents involve insiders or compromised internal controls?
Could a supposed hack ever be used to hide financial misconduct, move funds, or avoid liabilities?
I’m not saying that’s what happened.
But in an industry where billions are involved, shouldn’t we question the official explanations and demand independent investigations?
Don’t trust blindly. Verify everything. 👀
It’s good that he has no $Cake
we already have enough selling pressure
Attention!
The Binance hacker is now dumping $PEPE, $UNI, $LINK, and other tokens on-chain for $ETH.
Please note:
The hacker still holds large amounts of the following altcoins, which could face heavy selling pressure:
217.497M $ENA ($39.51M)
7.579T $PEPE ($34.41M)
2.575M $LINK ($28.07M)
128.034K $AAVE ($15.9M)
74.56M $ARB ($11.54M)
1.938M $UNI ($12.62M)
21.852M $ONDO ($8.52M)
17.318M $WLD ($6.73M)
714.911M $FUN ($6.29M)
87.853M $ZAMA ($6.02M)
3.602M $ZRO ($5.69M)
3.382B $RSR ($5.02M)
Ghost 🥞 retweeted
We are working non-stop to resolve this issue. Binance will cover all losses.
As a precaution, all deposits and withdrawals are temporarily suspended while our team conducts security checks, freezes funds, and works with law enforcement.
We are working around the clock and will share a full post-mortem once the investigation is complete. Please rely only on official Binance channels for updates.
This is an industry-wide effort, and we are grateful to partners across the ecosystem who have moved quickly to help freeze affected assets.
We will continue to share verified updates through official Binance channels. User funds are safe.
IMPORTANT UPDATE FOR $CAKE HOLDERS ⚠️
If you hold CAKE on opBNB, pay attention.
PancakeSwap has announced that CAKE bridging on opBNB via LayerZero will be discontinued on November 23, 2026, at 00:00 UTC.
If you hold CAKE there, check your position and arrange to bridge it to BNB Chain before the deadline.
Don’t wait until the last minute.
Stay informed. Protect your assets. 🥞
If @PancakeSwap is covering the flight back home, why not cover the flight to Bangkok as well?
The creator is traveling specifically to attend BBW and create content to promote PancakeSwap. They shouldn’t have to pay out of pocket just to get there.
If you’re supporting community creators, go all the way. Don’t cover half the journey and expect creators to cover the other half. Give 100%, not 50%. 🥞✈️
Imagine the creator arrives an only gives 50% of his vibes that would be unfair🤭 Come on a full ticket in ASIA is like 250 to 350 USD 😰
🤖 Made with AI
$Cake | $PancakeSwap 🚀 🥞
Being bullish on $CAKE is easy when the market is going up or in a bull run…
The real test is knowing WHY you’re bullish.
Ask yourself three questions:
🔹 Is PancakeSwap building a stronger ecosystem?
🔹 Is that growth creating sustainable demand for CAKE?
🔹 What evidence would prove your thesis wrong?
Conviction without critical thinking is just hope.
I believe in looking at the fundamentals, questioning assumptions, and letting the evidence speak.
What’s the ONE thing that would make you reconsider your $CAKE investment thesis? 👇
That’s very easy $Cake
Why sell at $10 or $20 ?
I hope @PancakeSwap which is one of the best DEX.
Doesn’t block me 🫣🥲
$Cake | $PancakeSwap 🥞 🚀
One of DeFi’s biggest challenges?
Liquidity can be rented.
Offer attractive rewards, and capital may arrive.
Reduce those rewards, and some of that capital may leave just as quickly.
That’s why sustainable growth requires more than incentives.
Traders need liquidity.
LPs need competitive returns.
Users need a reason to stay.
For PancakeSwap, the real test isn’t just attracting more capital.
It’s building an ecosystem people choose to use even when the incentives change.
What’s more important: attracting liquidity or retaining it? 👇
$CAKE Will never forget its holders