HYPERLIQUID is CEX branded as DEX
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HIP3 is dead.
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We’re hiring!
Jun 25
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| We’re hiring |
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New roles:
→ Product Designer
→ QA Engineer
→ Quantitative Markets Engineer
→ Site Reliability Engineer
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this is the exact ethic we're building @poddotnetwork on! substance over narrative, shipping over promises, and a commitment to building in the open.
bring on the higher bar, and let's maintain it there. when the standard rises, substance succeed's and the whole industry finally earns the credibility it's chased for a decade.
gPod
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shresth reposted
Jun 20
There’s been some confusion around the Secret Network incident, so we want to clarify: neither Axelar nor IBC was compromised. The exploited token smart contract was not developed, deployed, or maintained by Axelar. Axelar’s firewalling prevented the impact from spreading to other chains.
The exploited contract was a fork of the CW20-ICS20 implementation with two core security checks commented out that enabled an “infinite mint” bug. By removing checks designed to prevent this class of issue, the fork changed the contract’s trust model without undergoing a new audit.
Anyone can deploy contracts that wrap assets from other chains over IBC. The same contract pattern is also used to wrap tokens from other chains to Secret, but this deployment was vulnerable because its Secret-side fork had core security checks removed. The issue was not Axelar-specific logic or a flaw in IBC itself.
For more details, check out the full incident analysis: commonprefix.com/blog/secret…
Jun 19
We have identified an incident affecting assets bridged over IBC to Secret Network from the Axelar chain, with approximately $4.67M worth of tokens taken. Based on current information, the issue is isolated to the Secret-side ICS-20 smart contract of the Cosmos IBC connection between Secret and Axelar, used for assets bridged from Axelar to Secret.
Immediately upon becoming aware of the incident, the Axelar emergency committee has disabled the Secret and Secret-SNIP connections. We're reaching out to the relevant exchanges and law enforcement agencies. The incident is isolated to assets on Secret bridged over IBC from Axelar. No other IBC connections or Secret tokens appear impacted. No other Axelar integrations are affected. Axelar’s core protocol is not affected. We're preparing a detailed post-mortem.
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shresth reposted
Jun 16
"AI and blockchains: A match made in heaven or hell?"
A discussion on the intersection of AI and blockchain technology, exploring real-world applications and the challenges of combining the two.
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shresth reposted
Jun 10
gRolex.
We're just 7 days into our 3 week testnet trading competition. 2,000 traders generated:
-Total traded volume: $235,820,000
-Total OI: $159,100,000.
It's not too late to join!
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its not a problem of performance. trading on such markets would be unprofitable for any retail user (similar to eth and solana today)
x.com/sagrawal/status/206370…
you would always have to trust the guy building their blocks, who can choose to allow your trades only if you are on the losing side.
why would anyone ever trade on such an exchange?
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One of the first term sheets we received was a massive low-ball - almost embarrassing. We boldly countered with 3x the valuation, certain they wouldn’t bite.
They came back and said yes!
Jun 2
I was once pitching in a board room at a top 3 VC firm for a $15M Series A.
12 people in the meeting. One of the GPs fully fell asleep. Out cold for 30 minutes. Nobody acknowledged it. Everyone just kept going.
I kept presenting my Series A slides to an unconscious man in a Herman Miller chair and somehow that was considered normal. That's venture capital.
You might fly across the country to perform for people who may or may not be conscious.
It's a dance.
And sometimes you lead and sometimes you follow and sometimes your partner is unconscious.
If you're raising right now, just know: every founder has a story like this. The process is weird. The power dynamic is weird. You're not crazy for thinking it's weird.
No one talks about it because they want to continue raising. But I'm happy to stick my neck out there.
It is weird.
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go go go!
Jun 3
The Pod Trading Challenge is officially LIVE.
Join our testnet and start trading in less than 30 seconds.
The top trader will win a Rolex Submariner.
JOIN: test.pod.network
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shresth reposted
Jun 3
2/ Track your position on the leaderboard against the other traders and monitor your PnL.
The portfolio with the highest balance on (date) wins a Rolex Submariner Ref.124060.
Happy Trading.
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shresth reposted
Jun 3
The Pod Trading Challenge is officially LIVE.
Join our testnet and start trading in less than 30 seconds.
The top trader will win a Rolex Submariner.
JOIN: test.pod.network
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