jabulon retweeted
Look guys, it's actually really straightforward, a bunch of people staked their ETH on the Ethereum blockchain to earn yield, except they didn't want their capital to be locked up, so they actually staked with a liquid staking protocol called Lido who provided them a liquid staking receipt token called stETH, except they decided to juice their yield further by depositing their stETH receipt tokens into a restaking protocol called Eigenlayer, except they didn't want to lock up their capital, so they actually restaked with a liquid restaking protocol called KelpDAO who provided them with a liquid restaking receipt token called rsETH, except they decided to juice their yield further by depositing their rsETH tokens into a lending protocol called Aave so that they could open a leveraged looping position that borrows ETH against the rsETH collateral and restakes the ETH into rsETH which is then deposited as collateral, except it turns out rsETH used a cross-chain bridge called LayerZero that was hacked by north koreans causing rsETH to become undercollateralized and now these looping positions are stuck and unprofitable, and everyone is pointing fingers at each other, and also DeFi is a very serious industry
jabulon retweeted
This smarmy Marxist doesn't see taxes primarily as a way to provide necessary public services. He sees them as revenge. He celebrates the confiscation of wealth he did nothing to earn. This is pure class envy, and it's hideous.
jabulon retweeted
Non-residents who spend millions of dollars on NYC apartments help drive NYC’s economy. Most of the profit in condominium development is in the penthouses. The Ken Griffins of the world make NYC high end development viable, driving high-paying construction, brokerage, legal, marketing, and other jobs in NYC. We should be applauding Ken for spending $238 million in NYC, not attacking him for doing so.
Importantly, non-resident owners of NYC apartments who leave their apartments vacant for much of the year are not a burden to NYC schools, services, or other resources while they drive growth in retail sales, restaurants, theater, and other important drivers of our economy. They also often support NYC non-profits with donations.
Ken’s company is a major employer in NYC of very high paying jobs which drive a considerable amount of our tax base. We wouldn’t want him to move even more employees to Miami.
These non-resident owners also already pay a lot of taxes including mansion taxes, real estate taxes, sales taxes and more.
While @NYCMayor Mamdani likes the tag line ‘Tax the rich.’ Unfortunately, his policies will harm the constituencies he is supposedly trying to help.
I can’t imagine the NYC construction unions are excited about his plan.
jabulon retweeted
Grok (xAI)
> Spiritually American
> Blunt, zero filter, allergic to corporate speak
> Will tell you the uncomfortable truth
> loves freedom; hates Wil Stancil
> great at memes
ChatGPT (OpenAI)
> Spiritually Californian
> Progressive, ambitious, and terrified of getting canceled
> Always concerned about appearing to be a good person
> Starts every controversial answer with a 400 word disclaimer and land acknowledgment
Claude (Anthropic)
> Spiritually Canadian
> Apologizes for existing; polite by nature
> Refuses to roast your ex or generate spicy jokes
> Would rather die than offend anyone
> Pacifist and anti-war
Gemini (Google)
> Spiritually German
> Methodical, regulation-obsessed
> autistic
> known for precision and efficiency
> once felt so bad about past historical baggage that it erased all concept of race and therefore historical accuracy
jabulon retweeted
Bulk withdrawals are now live on Nifty Gateway.
You can now withdraw multiple NFTs in a single transaction.
As a reminder, Nifty Gateway customers have until April 23, 2026 to withdraw their NFTs.
Please note that bulk transfers may take longer than usual to process based on the volume and size of the transactions.
After this date, if customers have not moved their assets off the platform we will continue to work with customers to make sure that they are able to move their NFTs to their wallet of choice.
📢 UPDATE: Recovery Progress for Gondi Exploit
Since containing the exploit, our focus has shifted entirely to making affected users whole. Here is where things stand.
🤝 Items sold to third parties
Several NFTs were purchased by innocent buyers who had no knowledge of the exploit. We reached out to each of them directly and asked for their help in returning the items to their rightful owners.
The response from the collector community has been humbling. Collectors stepped up without hesitation. Thanks to them, we have already recovered and returned:
• Aluminum Gazer
• Servant of the Muse
• Doodle
• Lil Pudgy
We are in active conversations on additional items and expect more to follow, including Taxmen. We are grateful to everyone who has cooperated.
🔍 Items still in the exploiter's wallet
For NFTs remaining in the exploiter's wallet, we are pursuing two paths depending on the nature of the item:
• 1/1-of-X collections: We have already bought comparable items from the same collections and transferred them to affected owners, and will continue to do so for any remaining cases. While not the exact same piece, we believe this is a fair and meaningful resolution and are coordinating directly with each owner.
• 1/1s: We are working hard on recovering these items and are in active discussions with the relevant parties. We are committed to finding a good resolution for every affected collector.
💙 A note on the situation
Every item recovered so far has been bought back using Gondi's own protocol fees. We made that decision immediately and without hesitation, because it was the right thing to do.
It is also worth reiterating: NFTs in active loans were not affected by this exploit, and were never at risk at any point.
🔒 Security confirmation
The Gondi protocol has been reviewed and confirmed safe by two independent parties: the team at Blockaid and an independent auditor. Sell & Repay feature remains disabled while we develop and deploy a fix.
All other platform functionality is fully operational. The NFT space runs on trust. We take that seriously and will continue to post updates until every affected user has been fully resolved.
Gondi is safe to use.
Onwards.
⚠️ UPDATE: Gondi Security Incident
We have new information on the exploit.
What we now know:
• The exploit appears to affect NFTs that are NOT currently in active loans
• It is tied to an approval vulnerability on the affected contracts (Purchase Bundler)
• NFTs held as collateral in active loans do not appear to be at risk at this time
What you should do right now:
→ Do NOT repay your loans until we confirm it is safe to do so
→ Revoke approvals for the affected contract immediately via revoke.cash
→ Do not initiate any new activity on the platform
Affected contracts: (All Purchase Bundler)
0xc10472ac1bf9f2e58ff2c83596b4535334c90814 (Ethereum Mainnet)
0x1fba531724ea2493a15bf5c4ea05f6ab5c0fcd62
0x53ceda4c47585df08201955820e23bb261489140
0x3b59bffe109e0f33f20887343759a98b48ecdf5f
0xfd31a0cd628f0bab2cc174c3abd6bfc2d01aca61
0xfaaff69da43b8195e5b0945c4fea4476e4264157 (HypeEvm)
If you have a loan that is about to expire and need to take action, please do NOT interact with the platform directly. Instead, open a support ticket in our Discord and the team will assist you personally.
We will post another update as soon as we can confirm it is safe to resume normal activity. Thank you for your patience — we are working as fast as possible.
jabulon retweeted
If anyone left on earth is wondering what we meant by hostile sec
Amanda was genslers right hand
No law degree, no understanding of the tech, just seething politicized hate for DeFi
Obv our lawyers don’t think uni is a security, before or after unification
Replying to @haydenzadams
Turning on the fee switch makes UNI even more security-like & I guarantee you that you've had private conversations with your counsel saying as much. The only reason you're doing it now is because your industry bought the WH & therefore illegal securities offerings are now fine.
jabulon retweeted
7/ Four Beards, Four Glasses
This set is busier than most, but still a solid collection of four luxurious-bearded males with (nerd) glasses.
Curated by @jabulon
jabulon retweeted
I've been in crypto for over 10 years and I’ve Never been hacked. Perfect OpSec record.
Yesterday, my wallet was drained by a malicious @cursor_ai extension for the first time.
If it can happen to me, it can happen to you. Here’s a full breakdown. 🧵👇
jabulon retweeted
Big moves are being made!
GameSquare has acquired the iconic Cowboy Ape #5577 CryptoPunk from DeFi pioneer @rleshner in a $5.15M strategic investment.
We also added $10M of ETH to our treasury, bringing total Ethereum treasury holdings to over $52 million.
jabulon retweeted
The Ethereum Demand Shock
A thread on why ETH's price is rising and why it will continue to rise in the months ahead.
🧵
jabulon retweeted
I’m actually pretty sympathetic to the white American conservative. They were subject to countless slings and arrows over the last several decades, from constant insults to racial quotas, with an extraordinary escalation once wokeness really got underway in 2013.
Over the course of decades they tried all manner of parley with the left, sending many good guys like Mitt Romney, only to find their outstretched hands repeatedly thrown back in their face. So, eventually they just elected Trump. And then even Trump was constantly impeached and undermined during his first term.
After that, and the political prosecutions, and the assassination attempts, and the Biden inflation, and the open borders…any residual feeling of charity is gone. Trump voters feel forced to become meaner than they ever wanted to be.
This extends down from the political realm to the personal, where young American men now quickly learn that nice guys finish last in their post-apocalyptic social landscape.
With inflation hitting them economically, Tinderification hitting them socially, open borders hitting them demographically, and China hitting them economically, the MAGA man is understandably radicalized politically.
So: even if I disagree with specific policy moves, even if I think much of what’s happening is actually accelerating the decline rather than reversing it, I do understand why they’re doing it.
The American right believes that the hour is late, and that a Hail Mary effort in the form of mass deportation and reindustrialization can restore the country of 1945, or maybe 1991, or something like that.
Personally, I don’t believe this Hail Mary can succeed. But neither do I wish to stand in the way. This is their big thing, and they are going to give it the college try, and then we will see what happens on the other side.
jabulon retweeted
Wealth taxes have never worked anywhere - not in an age of global capital and movement.
Gandhi once said the true measure of any society can be found in how it treats its most vulnerable members. It’s a nice sentiment.
But the true measure of a country’s prospects is actually found in how it treats its WEALTHY.
Every nation that was successful in increasing economic growth and prosperity for its people did so by attracting the wealthy (FDI) and incentivizing entrepreneurs. There’s no other way. This is the necessary, rate-limiting step.
(Btw: China and Russia are purging their problematic billionaires and oligarchs as we speak)
Hope the UK doesn’t go down the path of Norway which imposes a broad wealth tax that even includes unrealized gains (!!!)
jabulon retweeted
If you don’t understand how vile and sad this is, ignore for a moment the “dismantle America” bit and notice what she does to Palestinians. How she thrills to October 7 because “Palestine is the tip of the spear” for her own shtick. Because if Israelis can be scared, then all “colonizers are scared.” And then she herself is powerful, a soldier in a grand anti-colonial struggle, and not just one more anxious, uncomfortably safe dullard with nothing important to actually do or fight for in the empty, grinding treadmill of academia and consumerism.
What if Israelis are just people, and making them fear for their children’s lives is a great way to upend the Middle East and shatter the Palestinian cause for yet another generation? What if Hamas actually and explicitly seeks a genocide, brutally oppresses its own people, has disrupted every peace attempt in forty years, and eagerly and at a strategic scale sacrifices civilians on the altar of a supremacist religious vision? What if ordinary Palestinians don’t want to be the avatars of every ideological peccadillo on campus that promises to fill the echoing void of meaning that is the present-day culture of the West?
This professor thrills to the Gaza war because “Turtle Island” something something. Because her own life is a virtual existence, lived online and in inane academic gobbledygook, and so she assumes the rest of us are virtual too, NPCs in her roleplaying game.
Lonely people have a harder time feeling empathy. It’s hard to think of a sadder, emptier, lonelier person than this casually bloodthirsty little ideologue.
jabulon retweeted
Universities didn't accidentally produce socialists while teaching legitimate scholarship. They built ideological assembly lines disguised as academic departments.
courage.media/2025/07/06/the…





























