Random Cat Studio retweeted
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.
Random Cat Studio retweeted
Binance CEO right now
BREAKING: Binance has been hacked with wallets across the Ethereum, Bitcoin, and TRON networks seeing outflows of -$5.7 billion.
The hack includes $1.45 billion worth of Bitcoin and $875 million worth of ETH.
If confirmed, this would mark the biggest hack in crypto history.
We expect more information shortly.
Random Cat Studio retweeted
the biggest heist in crypto history might have just happened.
and it took one signature.
$5.643B pulled out of binance wallets in about an hour. bybit was $1.5B.
no code bug. no zero-day. someone signed an eip-7702 delegation with binance's own key and the hot wallet started obeying the attacker's contract.
~$2.5B left in a single transaction.
tether and circle froze $2.316B. the eth and btc can't be frozen by anyone.
Random Cat Studio retweeted
BREAKING: World's largest crypto exchange Binance hacked with over $5.6 billion stolen:
• $1.45 billion $BTC
• $875 million $ETH
• $234 million $TRX
• $50 million $XAUT
• $1.57 billion $USDT
• $823 million $USDC
• $75 million $WBETH
• $88.5 million $RLUSD
+ $447.5 million additional cryptocurrencies
This is the largest hack in crypto history.
Random Cat Studio retweeted
⚠️60 SECOND WARNING - YOU HOLD ANY #XRP!!!!
REAL ESTATE VALUED AT $650 TRILLION WILL BE UNLOCKED ON XRP LEDGER IN 48 HOURS USING REALTOKEN ON XRPL!!
$0.003 TO OVER $748.32 FOR REAL TOKEN OVERNIGHT POSSIBLE!
BUY REAL TOKEN ON MEXC: mexc.com/exchange/REALTOKEN_…
Random Cat Studio retweeted
Morgan Stanley’s outlook on the future of tokenized assets is putting a massive opportunity on the radar. Estimates for the tokenization market could reach $3 trillion to $10 trillion by 2030, depending on the forecast.
#XRP #Tokenization #Crypto #Blockchain
Random Cat Studio retweeted
A conversation w/ @CryptoHayes on OpenAi & Anthropic being worthless, why China is especially interesting right now, agentic money systems, crypto token disparity, quantum risk vs reality, and what changed his mind about Ethereum.
00:00 Intro
00:27 Bitcoin to 1 Million
00:57 Why Governments Always Print Money
03:31 Ai Tokens vs Crypto Tokens
04:30 AI Is a Waste of Money
06:11 Zcash vs. Ethereum
07:29 Why Only a Few Coins Win
10:38 China's Coming Money Printing
11:51 Stablecoins vs. Local Currencies
14:03 AI Model Companies Are Worthless
15:17 Agentic Payment Systems
17:28 Why Agents Won't Use Stablecoins
18:56 Poetry and Trading Competitions
21:17 Ai Money > BTC
22:52 Tokenization Supercycle
24:43 Michael Saylor Szn is Over
26:12 Central Banks Buying Coins
27:29 Is Quantum Risk Overhyped?
27:54 Consensus Trades
29:35 Favorite Coins
30:20 Why ETH Will Outperform
Random Cat Studio retweeted
The $800K robbery of a trader sparked a huge debate on CT, with some saying he deserved it for being a low-cap bundler
Ethan Prosper responds to people calling him a bundler, and explains why he’ll buy 30-40 SOL in one wallet the second he sees a coin he believes in
“That doesn’t mean you deserve to get beaten up and robbed.”
Random Cat Studio retweeted
Waiting For The XRP “Reprice”? Who Has To Pay For Your 1,000 XRP
Waiting for an XRP reprice that sets your 1,000 coins up for life? This video is about who would have to pay for it. A price is what somebody actually pays, so a reset needs a buyer with the money, and at $1,000 a coin the bill for every circulating XRP is about $63 trillion.
I go through the viewer comments behind the idea, the 2021 buyback proposal and David Schwartz's reply, the bills at $3,000, $10,000 and $37,500, and how thin the Binance order book is. I also show the real overnight repricing on 13 July 2023, a 73% day. Subscribe for more XRP breakdowns like this one. #XRP #Ripple #CryptoNews
00:00 Waiting for an XRP reprice: who has to pay?
00:18 The viewer comment behind this video
01:28 What a price is, and who has to buy
02:21 The bill: $63 trillion at $1,000 a coin
02:56 Where the reprice idea came from
04:03 What Ripple's CTO said in 2023
05:02 The bill at $3,000, $10,000 and $37,500
06:01 One coin in ten still beats US debt
07:21 How thin the Binance order book is
08:24 The 73% day: 13 July 2023
09:55 How often XRP moves 10% in a day
12:20 What Schwartz said about price and odds
13:35 What I would watch from here
14:42 Recap, dates to watch and sign-off
Random Cat Studio retweeted
Evernorth just hired a Coinbase institutional money manager to run its XRP treasury 👀
Hugo Jeandesboz (ex-Coinbase Asset Management co-CIO) is now CIO of the company behind XRPN.
The $300M deployment plan is still undisclosed.
Evernorth will run Nasdaq closing bell Wednesday.
This is not a hype vehicle anymore.
Not financial advice. Educational purposes only.
Use code “cryptodylnews” on fomo for 10% off trading fees:
#xrp #xrparmy #xrpcommunity #ripple #crypto
Random Cat Studio retweeted
THIS ANALYST SAYS ripple:native WILL JUMP +50,000% AGAIN JUST LIKE IT DID IN 2017
HIS THESIS TO WHY IS WILD…
THE BANKING SYSTEM WARNINGS ARE INSANE!!!
IF XRP JUMPED +50,000% FROM IT’S CURRENT PRICE OF $1.42 IT WOULD BE $711+ PER COIN…
This is not financial advice. Educational purposes only.
Use code “cryptodylnews” on fomo for 10% off trading fees: fomo.family/r/cryptodylnews
#xrp #xrparmy #xrpcommunity #ripple #mystery
Random Cat Studio retweeted
Nobody in crypto can figure out why the trenches are dead right now but the answer is actually simple 🤯⚠️🚀
Random Cat Studio retweeted
The greatest trader in history Jesse Livermore started as a 14 year old chalkboard boy earning $5 a week.
- Placed his first bet at 15. Made $3.12 in 2 days.
- Full time trader at 16. No school. No mentor. Just price action and obsession
- At 24 he used 400% leverage, lost everything, and was completely broke
- Borrowed $2,000, moved cities where nobody knew him, and turned $10K into $500K within months
- Made $1 million in a SINGLE DAY during the 1907 crash
- JP Morgan personally called him and BEGGED him to stop shorting
- Bought yachts, private railcars, and mansions across America
- Lost everything. Again. Went completely broke. Again.
- Rebuilt his entire fortune. Again
- Then in 1929 he shorted the entire stock market before the biggest crash in history
- Made $100 million in one trade. That's $1.5 billion adjusted for today
- His #1 rule after 30 years of trading: "The money is made in the waiting, not the trading"
- He said his biggest losses ALWAYS came from the same thing: not following his own system
- 100 years later his book is still the #1 recommended trading book on Wall Street
Random Cat Studio retweeted
Rasmr calls @frankdegods live on stream to discuss his solana:98kfF7rmsg1QDUEoCqNE7g7M1FdrTt92TEp2CLzypump thesis
“Yo Frank, I’m on stream, bro. Can I ask you about solana:98kfF7rmsg1QDUEoCqNE7g7M1FdrTt92TEp2CLzypump real quick?”
“Am I tripping, or is this kind of an interesting new game-theoretical mechanism?”
Frank: “Elon and X are trying to push X Money. This meme coin is likely already one of the top users of X Money.”
“If one of the X employees or Elon himself somehow sees a positive to get their money thing flowing, it’s just so giga I can’t even comprehend.”
“If you look at the moves X has been making recently, it has been more finance-focused.”
Random Cat Studio retweeted
BREAKING BANKS ARE PANICKING?! NEW CLARITY Act Text Just Dropped As STOCKS CRASH! X adds support for Robinhood Chain tickers✨ JOIN THE LIVE CONVERSATION ON YOUTUBE! nitter.cf/i/broadcasts/1nGeLMVLN…
