
Founder at @arb_cap, creator of @wstgbp Turning non-usd stablecoins into productive on-chain assets. Prev @MakerDAO ๐น Prev @osc ๐งฎ Prev @OhioState ๐ พ๏ธ
Undisclosed.
Joined September 2008
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Non-USD stablecoins donโt need more issuance
They need reasons to be held and used onchain
Thatโs what weโre building at @arb_cap: rewards-bearing assets, liquidity, lending markets & DeFi integrations
@wstGBP is live and generating revenue
And GBP is just the beginning
๐ค Made with AI
Uber CEO believes personal automobiles are wasteful, should be used for rideshares instead.
AirBNB CEO believes personal residences are wasteful, should be used for hosted accomodation instead.
Meta CEO believes owning faces is wasteful, should be put in a book instead.
If you say "onchain" instead of the historically and linguistically accurate "on-chain", I'm going to assume you're either broccoli-haired or bald.
I was doing non-USD stables before they were cool.
YC (@YCOMBINATOR) IS LITERALLY TELLING FOUNDERS WHERE THE NEXT BILLION-DOLLAR CRYPTO STARTUPS WILL BE BUILT
- APIs for AI agents
- AI Trading Agents
- New USD stablecoins
- Non-USD stablecoins
- Stablecoin-powered neobanks
- New exchanges & trading UIs
The playbook is here.
Louder for the researchers in the back.
look the foundational problem with ethereum protocol design is that most of the people designing the protocol don't actually use ethereum themselves. you can't fix the right things if you don't use your own fucking product. you don't have enough skin in the game if you don't personally depend on the system you're designing & stand to lose money when it breaks. i understand, everything looks great from an ivory tower lol. things look very different when you're actually on the ground dealing with the consequences. if you don't use ethereum yourself but still think you're qualified to design its protocol, you're playing god with a system you don't have to live with and whose consequences you don't have to suffer.
Scanned my projects and discovered 13 repos affected by this. All are patched now but this is pretty widespread.
Foundry 1.7.1 popped as vulnerable so it's a good time to foundryup
๐จ Nightmare day for cybersecurity
Multiple major security incidents, active exploits, supply chain compromises...
If you run production systems, start patching NOW.
PHP: Two critical unauthenticated RCEs. Attackers already exploiting them. Patch NOW
LiteLLM: v1.107.0 on PyPI and Docker is BACKDOORED. Steals cloud, SSH, and AI credentials. Pin 1.106.2. Rotate secrets.
eMudhra: A certificate authority's keys were crackable. Update your browsers, systems, and trust stores.
Node.js / Next.js / React: Security releases for Brotli RCE, TLS bypasses, and TWO critical Next.js RCEs.
TiDB Cloud: PingCAP breached through stolen credentials. Customer information and other sensitive data exfiltrated. Read the attacker's release, fun stuff.
Plex2Shell: Weaponized within HOURS of the PoC. Attackers already deploying cryptominers and proxy backdoors.
BeyondTrust / Ivanti: Actively exploited zero-days added to CISA's KEV catalog. BeyondTrust attacks linked to a China-nexus campaign.
And that's not even the full list.
Patch. Audit. Rotate. NOW.
Thanks to yRisk for their report on wstGBP!
New asset report:
Wren Staked tGBP (@wstgbp) wraps BCP Technologiesโ sterling stablecoin, tGBP, on Ethereum with rewards income from tGBPโs offchain reserves...
Peg stability isn't just for USD stablecoins.
Our issuer partners benefit from increased distribution of their token as well as price stability on-chain.
Since the launch of @wstgbp liquidity pools on mainnet, Tokenized GBP has seen direct impacts on it's GBP peg.























