Bradley retweeted
Look at that - our VP JD Vance was honest about why we lost.
Will the message finally be heard?
Bradley retweeted
TLDR: Basically it was a social engineering phishing attack in two parts. One of the engineers downloaded a bogus AI coding tool off of a fake link on Google, and the second engineer was tricked by a fake interviewer for a new job to download a coding “assignment” containing a virus. With those two engineers compromised they could gain access to Binance.
The takeaway here? You are only as strong as your weakest link. Social engineering remains the best way to hack systems. Also DO NOT DOWNLOAD THINGS. Check to see if the Google links are REAL, do not click links or download things for “job interviews.”
Separately phishing similar to this happens all the time on X. People will DM you posing as journalist or whatever and ask you to set an interview time by connecting your X account to some calendar. Don’t do that. In the words of Admiral Ackbar, it’s a trap.
Also separately separately nobody from Google is trying to call you. We promise you. Don’t be a mark.
Stay safe all
Bradley retweeted
Reflecting this morning on how different this hack feels from how FTX felt.
Market is only down a few percent. Incredibly calm, dip buyers coming in, even amidst a macro rout, outflows have been muted. The directly affected alts are also holding up, as the market is pricing in Binance buying everything back.
This hack was a little over $6B, which in dollar terms is only 25% less than FTX's hole. But confidence in Binance as a business is so high, the industry came together, hustled to protect each other, and the market has decided: eh, it'll be fine.
Our industry has matured.
It's good to see.
Binance has begun recovering affected assets for users and continues to work with law enforcement, issuers, blockchain intelligence firms and industry partners to trace, freeze and recover additional funds.
The company has already publicly committed to cover losses through company funds in the prior announcement.
Binance has already reserved over $6.34B of company funds to cover this incident. $5B of these funds are already held in the exact token assets that were impacted. We are completing the purchase of the remaining amount by buying token assets through market channels and OTC channels. We are doing this to match the format of the remaining token assets and address any asset shortfalls. This step can take longer because some tokens may have low liquidity and OTC settlement also takes time. We will share more progress as soon as we can.
These figures do not include frozen or protected assets, which remain subject to ongoing recovery and verification. Currently, $3bn has been frozen, with thanks to our industry partners. We are working with partners and law enforcement to recover the frozen assets.We will continue to use company resources to cover confirmed shortfall and will provide further verified updates as recovery efforts progress. Ultimately, all user funds will be verified publicly through our Proof of Reserves.
We will weather this storm. Thank you for the support.
Bradley retweeted
Today I am announcing @finalityfdn. Because agents need guaranteed outcomes.
Introducing Finality
By now it’s obvious that agents and autonomous workflows are the future of the global social fabric. Agents, however, are not humans, and they need different types of assurances in order to go about their work.
At the heart of every valuable decision is the question of uncertainty. As humans, we externalize that uncertainty by paying for it – through insurance, lending, arbitration, etc. – or simply waiting, as we have for millennia. It’s worked okay so far, for humans.
But not for agents. Agents need guaranteed outcomes. They need finality in order to present their humans with a guaranteed outcome, to stack a set of dependencies in sequence, and to move forward with making valuable decisions at machine speed.
@finalityfdn is a nonprofit foundation I am forming to direct research on finality, advise on related policy, and invest in projects that improve the efficiency of autonomous money movement.
The first of these projects is the Final network, a new cooperative system that can immediately resolve any future outcome. We have recently reached an agreement in principle for @usefinal to begin the development of this new protocol. More details about this project will be shared in the coming weeks.
I truly believe that the upcoming era will enable all kinds of benefits and abundance for humans. Finality is how we make sure it doesn’t fall apart.
Bradley retweeted
this is accelerating. DTCC wants to remain the definitive ledger and issuer, and just give inferior derivative versions to what should be the competing and disruptive ledgers--real blockchains.
nitter.gq/lex_node/status/208578…
The DTCC Tokenization Service is now live, and this is only the beginning.
Explore the service: brnw.ch/21x6JeP
Bradley retweeted
.@stacy_muur: "I've never seen anything like this before."
She counted 82 crypto protocols that have shut down in 2026 so far.
Blast, Blur, Balancer, Loopring and Polygon zkEVM are all on her list.
Meanwhile bitcoin is holding $83K and JPMorgan just moved its deposit token onto Ethereum. The money is going to rails with real users. The apps without users are the ones getting cleared out.
If you hold small caps, check whether the team has revenue or just runway.
Bradley retweeted
Joey Krug nails it here: businesses need to know the commitments behind payments and credit will be honored.
That's the whole job of collateral. Anvil makes it locked, verifiable and enforceable onchain, and @anvil_xyz holders now vote on the standards that define it. Another great interview by @m_at_anvil
Founders Fund, Pantera and Bullish bet $5M on @anvil_xyz's governance token
thestreet.com/crypto/markets…
Bradley retweeted
Anvil is scaling on every front:
$5M in institutional governance participation.
Growing real-world business adoption.
New enterprise-ready SDK.
All accelerating institutional finance onchain.
Coverage via @CoinDesk ↓
coindesk.com/business/2026/1…
Bradley retweeted
Most of DeFi uses collateral to take out loans. Anvil uses it to keep promises. Verifiable guarantees for payments and credit, now easy to integrate with our new SDK. Excited to have Founders Fund and an incredible group of partners in the Anvil community.
NEW: $5M from Founders Fund, Pantera and others, plus a brand-new SDK, as Anvil tries to make crypto fade into the background of everyday business.
@AcronymFNDN President @trspalding joins @kateirwin to break down how a DeFi letter-of-credit protocol powers buy now, pay later, accounts receivable and reservations, and why Bitcoin, Ethereum and tokenized real-world assets could become on-chain collateral.
Watch the full conversation on Markets Outlook:
00:00 - Tyler Spalding Joins Markets Outlook
02:02 - Anvil Launches Its SDK for Builders
03:10 - DeFi's New Playbook: Letters of Credit
04:09 - Founders Fund Leads $5M Anvil Token Round
05:40 - Why a Governance Token Still Makes Sense
09:12 - The First Companies to Integrate
11:42 - What Makes Anvil's On-Chain Collateral Different
14:22 - Collateral in the Age of AI Agents
14:57 - Bitcoin, Ethereum and the Future of Collateral
Bradley retweeted
i mean you can just pay off the debt by making your currency worthless and all your citizens poor, sounds like this is the plan
BREAKING: President Trump says higher US inflation will "pay off" US debt "very rapidly" in response to total US debt rising above $40 trillion.
"I know I'm the best in the world... you can pay off the debt through other means. But the one thing that you can do is pay it off through growth, and we've never had growth like this," Trump said.
US Treasury yields hit a new high of the day after the statement.
Bradley retweeted
Signal acquired 📡
AnvilRadar is live!
A new community-built home for tracking, exploring, and understanding @anvil_xyz.
Protocol data. Credit activity. Governance. $ANVL. Ecosystem. Research.
All in one place.
anvilradar.xyz/
🧵👇
Bradley retweeted
ETH incoming 🚀
This is the flywheel Etherex was built for. Linea is turning bridged ETH into productive capital.
More staking yield → more liquidity → better markets.
It begins.
Today, @LineaBuild begins the next phase of its Yield Boost ramp-up, moving from 10% toward a target of 60% of funds allocated to ETH staking.
ETH deposits should begin entering Ethereum’s validator activation queue today.
Bradley retweeted
Really hard to put into words what a miscarriage of justice this is, while the Trump administration parades around declaring the "war on crypto" is "over".
For months, Judge Failla has had Storm's Rule 29 motion on her table, which will determine what facts the Government may build their retrial on, and if it will be feasible at all.
While everyone waits for her ruling, she has no problem setting dates for a new trial on the two charges the prosecution lost last year.
Bradley retweeted
Buy Now, Pay Later (BNPL) is on track to become a nearly $1T market by 2030.
While the model is popular, it relies on unsecured credit, creating billions in consumer debt outside traditional credit visibility.
At @Futurist_conf, @m_at_anvil broke down the systemic risk this creates & how Anvil’s digital asset-backed guarantees provide a path to fully secured BNPL without sacrificing the flexibility driving its growth.
Watch the full talk ↓
Bradley retweeted
Ethereum spent 11 years proving neutral, unstoppable finance works.
Now we’re building the next chapter with the vision and conviction of @ethereumJoseph - “We’re moving into a world where essentially the entire economy is going to be tokenized.”
Etherex is where we’re helping turn that vision into usable liquidity, yield and markets on @LineaBuild.
Ethereum turns 11 today.
Since mainnet went live on July 30, 2015, Ethereum has:
→ Never halted. Not once, across 11 years of continuous block production.
→ Become the settlement layer for stablecoins, holding more than half of all supply
→ Taken the largest share of tokenized real world assets of any network
→ Built the largest DeFi ecosystem in crypto, ~8x the next largest chain by TVL
→ Grown the largest developer ecosystem in the industry
→ Become the default venue for institutions coming onchain
No company owns it. No one can switch it off. Credibly neutral. Everything onchain is verifiable.
Here's to the next 11 years as Ethereum becomes the home of finance.
Bradley retweeted
Trillions of dollars are held in digital assets, yet much of that value still remains disconnected from the financial system.
@CoinDesk Research breaks down the structural limitations behind this gap, & how Anvil provides the missing collateral layer connecting digital assets to the broader financial system in their latest report.
Bradley retweeted
Anvil’s Day 1 at @Futurist_conf:
> @m_at_anvil spoke on the Main Stage, unpacking BNPL's growing risks & explaining how digital assets can eliminate unsecured lending without sacrificing consumer flexibility.
> The team connected with builders, institutions, & ecosystem participants throughout the day.
> M & @Akhparty sat down for a number of interviews to discuss onchain collateral & its role in modernizing financial infrastructure.
Main takeaway: ARL’s vision for a fully secured approach to BNPL was enthusiastically received by an industry that recognizes the status quo is untenable.
