Welcome to a wild start to the week. Bitcoin’s flat, sentiment’s grim and DeFi just got rocked.
@Balancer exploited: One of DeFi’s oldest protocols suffered a $128M exploit, likely aided by AI. Console logs in the hacker’s code suggest it may have been LLM-generated slop, a reminder that even AI can now find and execute vulnerabilities.
Different chains, different ethics:
-Berachain halted its network.
-Polygon censored hacker transactions.
-Sonic froze the hacker’s account.
All just in time to watch @vimeo's 'Code is Law'
The legal and moral fallout: If validators can freeze funds for hacks, could courts force them to do the same for government orders? The line between “cypherpunk chains” and “TradFi chains” is starting to form.
@Bitcoin consolidation = strength:
Over 400,000 BTC ($42B) sold by long-term holders in October, yet the price barely moved
ETFs absorbing supply, and ownership dispersing to a wider, healthier base.
S/O to my references;
@hosseeb @GwartyGwart @RyanSAdams @jvisserlabs @MilkRoad
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