As Italian as it gets 🤌🤌
Italian chef fired for refusing to put pineapple on pizza bbc.in/4egT8uf
Kokino retweeted
ICE and Trade[XYZ] plan to bring Hyperliquid-based perps to the U.S.
Subject to regulatory approvals, ICE will operate U.S. regulated versions of Trade[XYZ]’s markets, leveraging their expertise as the leading deployer of real-world-asset perps on Hyperliquid.
The new venue will operate separately to ICE’s institutional futures franchise and offer a trading experience designed for retail participation.
Once live, U.S. traders will be able to trade 24/7 across a range of assets spanning the macro complex including:
*Crypto
*Equities
*Indices
*Commodities
*Forex
Read more: spr.ly/6010BHq9X8
Users will access the platform through U.S.-regulated FCMs performing KYC/AML screening, including ICE's joint venture with OKX.
ICE and Trade[XYZ] will seek approvals to launch a new market built on Hyperliquid to operate KYC-compliant perp markets, including regulatory approvals to support leveraged trading.
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Kokino 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.
Readers added context they thought people might want to know
The described Aave deposit used only ~60M USDT as collateral to borrow 19,762 WETH before freezes hit the main wallet, not the bulk of funds; Aave states the overcollateralized position is subject to normal liquidation with no material protocol risk.
governance.aave.com/t/binance-hot-…
x.com/binance/status…
drk.vc/news/binance-1…
Kokino retweeted
NEW: @tradexyz'S @sershokunin ASKS @elonmusk TO INTEGRATE TRADE[XYZ]'S @HyperliquidX PERPS INTO @X
"IT WOULD BE A KILLER PRODUCT"
Kokino retweeted
The most pico-bullish news for Hyperliquid gets announced this morning:
>Druckenmiller public bullpost
>Elon Musk retweeting
>NYSE owner bringing perps to US
And then 5hrs later Binance gets hit with multi-billion dollar hack??
Coincidence or...
Kokino retweeted
🐧 Pudgy Penguin #8403 BOUGHT
💰 3.330 ETH
🛒 Blur
👤 0x421f…ae29 → rucogaj.eth
opensea.io/assets/ethereum/0…
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