We've been tweeting and writing about this since (*checks notes*) 2018.
19 Apr 2023, 13:44
We've been tweeting and writing about this since (*checks notes*) 2018.
The solution is simple: re-implement important protocols like Bitcoin as native assets on the chains where actual DeFi activity happens, like Ethereum. #0xBitcoin
Same news in other sources
10xBitcoin0xBTC #1851
19 Apr 2023, 13:44
We've been tweeting and writing about this since (*checks notes*) 2018.
The solution is simple: re-implement important protocols like Bitcoin as native assets on the chains where actual DeFi activity happens, like Ethereum. #0xBitcoin
It feels like most ppl are ignoring the bankruptcy risk for bridged assets.
- Assets bridged to smartBCH were rugged by CoinFlex when it went under due to not liquidating roger ver
- FTX bridge on solana rugged by liquidators
- BTC backing renBTC rugged by liquidators too
We've been tweeting and writing about this since (*checks notes*) 2018.
We've been tweeting and writing about this since (*checks notes*) 2018. https://t.co/IN5a4TZYpJ
The solution is simple: re-implement important protocols like Bitcoin as native assets on the chains where actual DeFi activity happens, like Ethereum. #0xBitcoin https://t.co/gnWcY9Yd8T
It feels like most ppl are ignoring the bankruptcy risk for bridged assets.
- Assets bridged to smartBCH were rugged by CoinFlex when it went under due to not liquidating roger ver
- FTX bridge on solana rugged by liquidators
- BTC backing renBTC rugged by liquidators too