Jacks WithS (@JacksWiths) profile picture

Just came in to follow some new stuff that happens more here than other places

Joined February 2022
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Jacks WithS retweeted
Dear CoinEx Community, Today, I am announcing that CoinEx will cease operations and begin an orderly wind-down. First, what matters most: your assets are safe. CoinEx’s reserve ratio exceeds 100%, and every user asset is fully backed and available for withdrawal. Withdrawals are open starting today and will remain open until December 22, 2026. Certain tokens may take slightly longer to process while funds are moved between cold and hot wallets, but every withdrawal request within the withdrawal period will be honored and processed. CoinEx officially went live on December 22, 2017. Exactly nine years later, on December 22, 2026, the platform will be formally closed. Nine years is a long time in crypto. Together, we lived through multiple bull and bear cycles, witnessed the rise and fall of countless projects, and watched many of our peers leave the market in one form or another. After much reflection, I have come to accept a hard truth. CoinEx did not become one of the industry’s leading exchanges, and the security and compliance risks of running a crypto exchange have become increasingly difficult to contain. Revenues can decline, responsibility does not. Carrying unlimited risk for limited revenue is no longer a rational choice. That said, CoinEx has survived nine years in one of the most volatile and unforgiving industries, weathered every storm, and is leaving intact, and with dignity. We may not have won the race, but we are finishing with honor. On CET: CoinEx will buy back CET at its initial listing price of 0.005 USDT per token, with no cap on quantity. To every CET holder who has supported us over the years, thank you. CET represents your belief in CoinEx and, for many of you, your belief in me personally. I am sorry that we were not able to create the long-term value we once hoped CET would deliver. The least we can do now is bring that chapter to a responsible conclusion. I did seriously consider selling CoinEx. Ultimately, I decided against it. Users entrusted their assets to CoinEx because they trusted the platform and, in many cases, trusted me personally. I did not feel that handing the platform and that trust to a new owner was the right way to end this journey. A clean ending is the right ending. Nine years, millions of users. I did not turn CoinEx into the “great” exchange I once hoped it would become. But I can give it a decent ending: making sure users can withdraw their assets in full, giving my employees a dignified farewell, and providing CET holders with a clear and responsible conclusion. This is the best ending I can give CoinEx. To everyone who traded with us, built with us, and stood by us through the hardest days of this market, thank you. It has been a privilege to walk this road with you. To the CoinEx team, thank you for building this platform with me, for carrying it across every cycle, and now for seeing it through to the very last day. For detailed arrangements, please refer to the official announcement: coinex.com/en/announcements/… Thank you all for nine years of trust. Haipo Yang Sept 15, 2026
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Jacks WithS retweeted
BTW we pivoted, we are now the 7th largest publicly traded data center firm in South East Asia. Still operate from the same warehouse. Don't ask what happened to the Cambodian child slaves, you dont wanna know. Got a good price. Less than the Chromebooks, but still.
I did it manually, I got a warehouse in Cambodia and filled it with child slaves on second hand chrome books. Even though I didnt qualify for the airdrop, I've still got the warehouse, the kids, and the chrome books, so it is a long-term investment.
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Jacks WithS retweeted
Base before leaving the Superchain - 0 instances of downtime Base after leaving Superchain - 2 instances of downtime
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Play @EstforKingdom for free (even gas)! Create a Hero and queue your actions using any device that supports Passkeys. Once your session is created you can play just by clicking around, but all your assets are secured on the blockchain. Estfor is basically Web3 + Web2 = Web5 👑
Account Abstraction is now live in Estfor ⚙️ We've introduced AA + Paymasters to make the game feel much closer to a traditional Web2 experience while still running fully on Web3 under the hood. Here’s what players should know 🧵
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u don't hate discord enough
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if i get liquidated, this is my problem if stani gets liquidated, this is many people's problem
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what's outcome for Aave token holders once sani is fully liquidated? reincentive him ?xd
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vesting period ended
Some personal news: I’ll be stepping down as Director of Growth at the Monad Foundation. I've been working on Monad over the last 3 years. I’ve spent the last 9 years in crypto and been full time in the industry since joining the VC team at CMS in 2020. After fielding 1,000+ startup pitches, I came across Monad and knew it was the opportunity of a lifetime. I went all in to help bring it to market. Building Monad from the ground up alongside Keone, James, Eunice, and the broader team has been the most rewarding experience of my career. We set out to build a decentralized, EVM-compatible L1 that truly scales. After years of work, it’s incredible to see that vision come to life. The tech is best-in-class and the ecosystem has 100+ teams full of builders ready for the next wave of users. I’m proud we built this with integrity, no shortcuts, and a long-term mindset. Monad is now in a position to succeed and in great hands, with exciting initiatives coming in 2026 from both the Monad Foundation and Category Labs. I’ll be transitioning into an advisor role and will remain actively involved in supporting Monad and the broader ecosystem. Excited for what's ahead - updates to come.
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Jacks WithS retweeted
To our community, A WETH redistribution is now live for veBUNNI holders. ~116 WETH from liquidation proceeds is available to claim. As promised, team addresses with veBUNNI allocations have been excluded from this distribution. All BUNNI tokens held by the Timeless Foundation have been burnt by sending them to 0x0000...0000 on mainnet. Snapshot: Block 23,273,097 Claims expire: July 26, 2026 Claim at bunni.xyz/redistribution We are deeply sorry for the exploit on September 2nd. To everyone who believed in Bunni and supported us over the years, thank you.
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Jacks WithS retweeted
Today we’ve made the difficult decision to wind down StableLab. StableLab (originally StableNode) launched in 2021 because we wanted to define the newly emerging DAO space. Back then, governance was still in its infancy. Protocols launched tokens, formed DAOs, and hoped the community would figure out how to govern themselves. The system was informal and chaotic. Governance work was not seen as work. We thought this was broken and so we built a team. We hired delegates and governance experts to help push forward responsible DAO design. People who understood how DAOs actually work. We were one of the first professional governance service firms in the space. Some things we achieved and are proud of: ‐ Worked with the biggest and most respected ecosystems, including: Aave, Uniswap, Compound, Sky (MakerDAO), Euler, Optimism, Arbitrum, 1inch. ‐ 4,000+ governance votes cast ‐ Over $1B in governance decisions influenced ‐ Helped establish that delegate work should be paid. This used to be controversial. ‐ Transformed ourself from a services firm to a product-first startup Over these five years we’ve seen the DAO space mature and evolve. We built governance frameworks that protocols still use today and contributed to higher standards around proposal quality, voting transparency, and delegate accountability. We showed up to hundreds of community calls, wrote thousands of insightful forum posts and comments. To our partners and clients, we are incredibly grateful for the collaboration and time we shared together pushing the space forward. The relationships and connections meant more than anything. To the StableLab team, past and present, we want to thank you for being part of our story and for having joined us on our mission. So many talented individuals have left their mark on our company’s history, something we deeply appreciate. We have begun the process of helping each and every one of our team members find their next home. We still believe in governance and DAOs. There's so much room left to explore as institutional adoption accelerates, privacy protocols mature, and new coordination mechanisms emerge. Five years ago, we set out to prove that DAO governance matters and could be professionalized. We proved it. Not alone, but alongside the protocols and people who believed the same thing. Thank you for everything. See you onchain ❤️ Gustav, Doo, and the StableLab team
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Jacks WithS retweeted
I personally sent 229963.24 USDC to the recovery address. I'm very glad to see affected users' losses be lowered! The only action I took during this situation was buying DUSD through the Curve pool when it depegged, and requesting a redemption back to USDC, as I'm whitelisted.
On behalf of the Makina community and our users, we want to thank the MEV builder (0xbed), the Rocket Pool validator, Saul from Yam, 0x82f, and other anonymous parties who voluntarily returned funds and acted as white hats during this incident. The majority of recovered assets to date was made possible by their cooperation, and we’re grateful for their constructive engagement. Our investigation remains ongoing for the remaining addresses. We are actively attempting to establish contact with: • 0xddf6f217951a1e484ee6b04d621c861bf38d0656 (arbinomics.eth) • 0xe27176c4991dc3f369741938c0ac225181d69c2f • 0x50bfdaca63635abd3dccb634136dd017e2aab979 • 0x732fe63200dd4a5eba02ffa11f150a4c81b01e84 Together, these addresses account for ~85% of the remaining unrecovered amount (≈ 679,456 USDC). A 10% bounty is available if 90% of outstanding funds are returned. We invite the owners of these addresses to contact us to claim the bounty or discuss a resolution. Other wallets involved who wish to come forward voluntarily will be offered similar terms.
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Jacks WithS retweeted
New TAU Labs Curated Vault is Live! Built on Fusion by @ipor_io, looping siUSD with infiniFi, managed by @628Labs - Now sourcing liquidity from @SiloFinance. Same proven strategy behind our first +$50M AUM vault. Missed the first cap? This is your entry 👇
New vault is live: @infiniFi Pointsmax 2 Electric Boogaloo The same proven strategy underlying our first infiniFi vault with $50m+ AUM. twist: feeding from @SiloFinance instead of Morpho If you haven't been able to deposit into the first vault due to its cap, now is your chance
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Kerem's discord account most likely compromised DO NOT CLICK LINK $GIZA @gizatechxyz
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siUSD from @infiniFi soon live on Arbitrum's Morpho get ready to join app.infinifi.xyz/points?ref=…
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Jacks WithS retweeted
Time to touch base on our good friends, @paint_swap $BRUSH is the native utility and governance token of the Paintswap ecosystem: the NFT marketplace, launchpad, and game-integrated platform originally built on Fantom and now deployed on Sonic. ( $S ) Originally created in 2021 on Fantom, Paintswap combined an AMM DEX with an open NFT marketplace and game integrations. It was designed to bring together decentralized trading, collectibles, and community utility in one protocol suite The $BRUSH token acts as a protocol utility token used for fees, governance, and in-game economy functions. In the Paintswap docs, $BRUSH powers services like marketplace fee settlement, NFT minting and trading fees, and ecosystem participation Total supply was originally planned at 450 million, but with the move to Sonic, Paintswap stopped emissions and effectively reduced supply via burns so that total supply now equals circulating supply. $BRUSH continues to be deflationary through protocol activities that buy and burn tokens Deflationary mechanisms include using a portion of NFT marketplace fees and launchpad fees to buy back and burn $BRUSH, creating ongoing supply pressure tied to ecosystem usage. Beyond marketplace utility, $BRUSH is embedded in the Estfor Kingdom @EstforKingdom on-chain MMORPG; it functions as an in-game currency used to purchase items, upgrade clans and heroes, and participate in events. A percentage of these in-game spends is burnt, contributing to the token’s deflationary model. The token also played a role in liquidity migration from Fantom to Sonic. Paintswap incentivized BRUSH/LP holders with superior APRs and integrations into Sonic’s FeeM program, where developers receive a larger share of gas revenue to attract liquidity and bribe weight to voting systems in Sonic DEXs. $BRUSH’s utility scope now includes marketplace operations, governance rights over Paintswap protocol direction, in-game economic activity in Estfor Kingdom, and community incentives via LP and fee structures post-migration. Market data sources show $BRUSH trading in the Sonic ecosystem with a circulating supply in the hundreds of millions and deflationary mechanics influencing token dynamics. Historical price performance reflects past all-time highs followed by a compression in price as the ecosystem matured and migrated chains. In summary, $BRUSH is both a functional ecosystem token and a deflationary mechanism for Paintswap and connected gameFi activities, with a supply model tied to real usage rather than continuous emissions. (They were also the real first NFT marketplace on $S / $FTM, well.. Aside from $ZOO)
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Jacks WithS retweeted
In early November 2025, @beets_fi experienced an exploit. The Sonic Labs team successfully recovered 5,829,196 S and has now fully distributed the funds proportionally to all affected users. A full breakdown can be found here: github.com/0xsoniclabs/beets…
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They argued that writing code is a crime. They compared privacy tools to money laundering. But we know the truth: Privacy is a human right. Math is not a crime. The fight for my freedom - and for the future of open-source software - is at a critical moment. I need your voice to show the world that this community stands together. Please, take 5 minutes to write a letter of support. Your words are the most powerful tool we have left. freeromanstorm.com/write-let… The fight is not over yet.
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Jacks WithS retweeted
Flying Tulip Intent Whitelist is now live Available to users who scored 7/10 or higher on the Flying Tulip Accredited Investor Quiz: flyingtulip.com/whitelist/ • No funds are transferred at this stage • Previous Supporters Whitelist allocations may still be edited • Further instructions will be shared only via official Flying Tulip channels Docs: docs.flyingtulip.com/guides/…
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