Mr R_W3C
28 Posts
Mr R_W3C
公众号：Web3C
聚焦Web3领域，投研、推广、社区合作。
Frequent Trader
2.7 Years
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Steal 4000 BTC, return 3400 BTC, keep 598.5 BTC
So is this white-hat behavior, or coin theft?
First, look at the result:
The attacker exploited a vulnerability in Liquid to take nearly 4000 BTC, then demanded that Blockstream fix the flaw. After the fix, they returned 3400 BTC and kept 598.5 BTC for themselves.
But here’s the question: Is that 15% a true white-hat bounty, or a ransom they set for themselves?
What does a normal white-hat do?
Find a vulnerability → report it to the project → the project fixes it → receive the bounty as agreed.
And this time it’s: take 4000 BTC first → then tell you “I’m a white-hat” → fix the vulnerability → I return you 85%.
It sounds a bit like a robber’s logic, but I still think this “white-hat” is surprisingly conscientious.
If you swapped it with a traditional hacker, they would have disappeared by now.
Also, according to industry norms, the bounty for a severe vulnerability can indeed be very high.
Immunefi even promotes long-term that as a reference, severe-vulnerability bounties can be around 10% of the risk capital.
So the figure of 598.5 $BTC , representing 15% by proportion, doesn’t seem outrageous.
Brothers, what do you think?#Liquid网络遭3.2亿美元攻击 $
So is this white-hat behavior, or coin theft?
First, look at the result:
The attacker exploited a vulnerability in Liquid to take nearly 4000 BTC, then demanded that Blockstream fix the flaw. After the fix, they returned 3400 BTC and kept 598.5 BTC for themselves.
But here’s the question: Is that 15% a true white-hat bounty, or a ransom they set for themselves?
What does a normal white-hat do?
Find a vulnerability → report it to the project → the project fixes it → receive the bounty as agreed.
And this time it’s: take 4000 BTC first → then tell you “I’m a white-hat” → fix the vulnerability → I return you 85%.
It sounds a bit like a robber’s logic, but I still think this “white-hat” is surprisingly conscientious.
If you swapped it with a traditional hacker, they would have disappeared by now.
Also, according to industry norms, the bounty for a severe vulnerability can indeed be very high.
Immunefi even promotes long-term that as a reference, severe-vulnerability bounties can be around 10% of the risk capital.
So the figure of 598.5 $BTC , representing 15% by proportion, doesn’t seem outrageous.
Brothers, what do you think?#Liquid网络遭3.2亿美元攻击 $
$ZEC continued to rise. It may make another run toward 1300 next!
In 2024, it was still only a few dollars, and now it has surged directly to 1200+, hitting a new 10-year high and breaking into the top ten cryptocurrencies by market cap.
Several signals mentioned earlier are worth paying attention to:
· The Grayscale spot ETF has been launched, giving institutions a compliant channel to buy ZEC;
· The shielded pool supply continues to increase, and demand for privacy is being repriced;
· Short liquidations + high leverage are further accelerating the上涨.
This rally is actually the collision of three forces:
institutional capital, real privacy demand, and short squeezes.
In addition, ZEC also has a fixed supply of 21 million coins + optional privacy.
As the crypto industry becomes more transparent, privacy may instead become a scarce asset again.
If the privacy sector can open a new cycle, then 1200+ may only be the first stage. ZEC market cap surpasses DOGE #ZEC续刷历史新高 $
In 2024, it was still only a few dollars, and now it has surged directly to 1200+, hitting a new 10-year high and breaking into the top ten cryptocurrencies by market cap.
Several signals mentioned earlier are worth paying attention to:
· The Grayscale spot ETF has been launched, giving institutions a compliant channel to buy ZEC;
· The shielded pool supply continues to increase, and demand for privacy is being repriced;
· Short liquidations + high leverage are further accelerating the上涨.
This rally is actually the collision of three forces:
institutional capital, real privacy demand, and short squeezes.
In addition, ZEC also has a fixed supply of 21 million coins + optional privacy.
As the crypto industry becomes more transparent, privacy may instead become a scarce asset again.
If the privacy sector can open a new cycle, then 1200+ may only be the first stage. ZEC market cap surpasses DOGE #ZEC续刷历史新高 $
【Weekend Market Briefing for September 5–6】
With U.S. stocks closed over the weekend, the market mainly digested the nonfarm payrolls report, interest-rate expectations, and geopolitical risks. The crypto market traded in a narrow range.
U.S. Stocks
August nonfarm payrolls increased by 162,000, far above the expected 55,000. The unemployment rate was 4.1%. Labor-market resilience strengthened expectations that high rates will stay in place for longer, and the probability of a 25bp rate cut at the September FOMC rose to about 58%.
Friday:
· Dow Jones -0.51%
· S&P 500 -0.38%
· Nasdaq -0.29%
· 10Y U.S. Treasury yield around 4.78%.
Crypto
After the nonfarm data was released, BTC fell below $80,000, hitting a low of about $79,200, and mostly fluctuated between $79,800 and $80,300 over the weekend, with thin trading volume.
ETH was around $2,500. Notably, altcoins were clearly stronger than BTC: ZEC rose nearly 40% on the week, UNI surged more than 50% in the short term, and BNB gained about 7% on the week, showing signs of capital rotation into some altcoins.
🟡 Gold
Gold fluctuated around $4,430–$4,480 per ounce.
Stronger labor data and rising rate expectations weighed on gold to some extent; the dollar, real yields, and geopolitical risks remain the key variables ahead.
🌍 Macro & Geopolitics
The market’s trading logic is gradually becoming:
Strong employment → softer rate-cut expectations + inflation still needs validation + oil prices/geopolitical risks → reflation concerns
Over the weekend, tensions between the U.S. and Iran escalated further, and supply risks near the Strait of Hormuz deserve attention.
📅 Key events next week
① Around September 11: U.S. CPI
② September 15–16: FOMC
The market’s biggest variable is no longer whether the economy will enter a recession, but rather:
With employment this strong, can inflation keep declining?
If CPI again comes in above expectations, risk assets may continue to trade on the theme of higher rates for longer; if inflation cools meaningfully, room for a rate-cut trade may reopen.
In the short term, $BTC the weekend was largely sideways as the market digested the nonfarm shock, and the $80,000 level remains an important area to watch. $BTC $XAU
With U.S. stocks closed over the weekend, the market mainly digested the nonfarm payrolls report, interest-rate expectations, and geopolitical risks. The crypto market traded in a narrow range.
U.S. Stocks
August nonfarm payrolls increased by 162,000, far above the expected 55,000. The unemployment rate was 4.1%. Labor-market resilience strengthened expectations that high rates will stay in place for longer, and the probability of a 25bp rate cut at the September FOMC rose to about 58%.
Friday:
· Dow Jones -0.51%
· S&P 500 -0.38%
· Nasdaq -0.29%
· 10Y U.S. Treasury yield around 4.78%.
Crypto
After the nonfarm data was released, BTC fell below $80,000, hitting a low of about $79,200, and mostly fluctuated between $79,800 and $80,300 over the weekend, with thin trading volume.
ETH was around $2,500. Notably, altcoins were clearly stronger than BTC: ZEC rose nearly 40% on the week, UNI surged more than 50% in the short term, and BNB gained about 7% on the week, showing signs of capital rotation into some altcoins.
🟡 Gold
Gold fluctuated around $4,430–$4,480 per ounce.
Stronger labor data and rising rate expectations weighed on gold to some extent; the dollar, real yields, and geopolitical risks remain the key variables ahead.
🌍 Macro & Geopolitics
The market’s trading logic is gradually becoming:
Strong employment → softer rate-cut expectations + inflation still needs validation + oil prices/geopolitical risks → reflation concerns
Over the weekend, tensions between the U.S. and Iran escalated further, and supply risks near the Strait of Hormuz deserve attention.
📅 Key events next week
① Around September 11: U.S. CPI
② September 15–16: FOMC
The market’s biggest variable is no longer whether the economy will enter a recession, but rather:
With employment this strong, can inflation keep declining?
If CPI again comes in above expectations, risk assets may continue to trade on the theme of higher rates for longer; if inflation cools meaningfully, room for a rate-cut trade may reopen.
In the short term, $BTC the weekend was largely sideways as the market digested the nonfarm shock, and the $80,000 level remains an important area to watch. $BTC $XAU
The current round of the gold rally is not over yet, but volatility may increase significantly.
The world’s largest gold ETF added nearly 10 tons in a single day, which shows that institutional funds are flowing back in.
On top of that, central banks in various countries continue to manage gold reserves, so demand for gold allocations still exists.
However, the faster it rises, the greater the risk of a pullback.
Hedging by options market makers may amplify the move: buying more as it rises, and accelerating selling as it falls.
So next, gold $XAU may not rise slowly, but instead rise more sharply when it goes up and fall faster when it drops.#黄金4000
So if you’re chasing long positions, be sure to pay attention to risk and widen your stop-loss/liquidation range a bit
The world’s largest gold ETF added nearly 10 tons in a single day, which shows that institutional funds are flowing back in.
On top of that, central banks in various countries continue to manage gold reserves, so demand for gold allocations still exists.
However, the faster it rises, the greater the risk of a pullback.
Hedging by options market makers may amplify the move: buying more as it rises, and accelerating selling as it falls.
So next, gold $XAU may not rise slowly, but instead rise more sharply when it goes up and fall faster when it drops.#黄金4000
So if you’re chasing long positions, be sure to pay attention to risk and widen your stop-loss/liquidation range a bit
#zec续刷历史新高
$ZEC Breaking above $1000 wasn’t because the market suddenly remembered “privacy.” It was because institutional money, a short squeeze, and a repricing of the privacy narrative all collided at once.
The first force was that the institutional channel opened up.
The launch of Grayscale’s Zcash spot product means ordinary investors can finally get ZEC exposure directly through a traditional brokerage account.
Before, it was just the crypto crowd trading it. Now traditional capital is starting to enter.
The second force was even stronger: the bears got wrecked.
ZEC kept breaking through key levels, forcing shorts to cover.
And short covering is, in essence, buying.
The more it rises, the more liquidations there are;
The more liquidations there are, the higher it rises.
This is the classic short squeeze.
The third force: privacy is once again becoming a valuable narrative.
AI’s ability to analyze wallets is getting stronger, on-chain surveillance is getting stricter, and every transaction is being recorded and tracked.
At this point, the market is starting to reassess ZEC: is it really a kind of “digital gold” with privacy features?
So I don’t think this ZEC rally is just Meme speculation.
The real fuel behind this move is institutional access + a short squeeze + the return of the privacy narrative.
But now that it has risen above $1000, the risk has clearly increased.
From here, don’t keep focusing on shorts getting liquidated.
What will really determine whether ZEC can hold above 1000 is whether ETF inflows can keep coming, and whether privacy transactions are actually being used.
If there is still real demand, this may only be the beginning.
If not, after the bears have been defeated, it will be the bulls’ turn to face the test.
$ZEC Breaking above $1000 wasn’t because the market suddenly remembered “privacy.” It was because institutional money, a short squeeze, and a repricing of the privacy narrative all collided at once.
The first force was that the institutional channel opened up.
The launch of Grayscale’s Zcash spot product means ordinary investors can finally get ZEC exposure directly through a traditional brokerage account.
Before, it was just the crypto crowd trading it. Now traditional capital is starting to enter.
The second force was even stronger: the bears got wrecked.
ZEC kept breaking through key levels, forcing shorts to cover.
And short covering is, in essence, buying.
The more it rises, the more liquidations there are;
The more liquidations there are, the higher it rises.
This is the classic short squeeze.
The third force: privacy is once again becoming a valuable narrative.
AI’s ability to analyze wallets is getting stronger, on-chain surveillance is getting stricter, and every transaction is being recorded and tracked.
At this point, the market is starting to reassess ZEC: is it really a kind of “digital gold” with privacy features?
So I don’t think this ZEC rally is just Meme speculation.
The real fuel behind this move is institutional access + a short squeeze + the return of the privacy narrative.
But now that it has risen above $1000, the risk has clearly increased.
From here, don’t keep focusing on shorts getting liquidated.
What will really determine whether ZEC can hold above 1000 is whether ETF inflows can keep coming, and whether privacy transactions are actually being used.
If there is still real demand, this may only be the beginning.
If not, after the bears have been defeated, it will be the bulls’ turn to face the test.
3.3%, as expected.
After the U.S. core PCE came out, the Fed became even more awkward
Inflation didn’t continue to worsen, economic growth is slowing, and core PCE also hasn’t accelerated further.
But even with 3.3% being a clear distance from the Fed’s 2% target.
How things will go in September is still hard to guess.
Friday’s Jackson Hole speech is drawing even more attention
Because right now, the market isn’t short of data—it’s short of the Fed’s stance.
Is it more worried about inflation?
Or is it starting to worry more about employment and economic growth?
If Waller sends a more dovish signal, the market may reprice rate-cut expectations again:
dollar and U.S. Treasury yields move lower,
risk appetite and BTC move higher.
But if he continues to emphasize sticky inflation—or even hints that rates still need to stay elevated—the market may again reprice the idea of “higher rates for longer.”
For BTC right now, don’t go long just because PCE matched expectations.
Wait until Friday.
And the more I think about it, the more I feel that:
What the market fears most isn’t bad data—it fears ambiguous data, and the Fed not being explicit about its message.
In that case, expectations for September will keep swinging, and the dollar, U.S. Treasuries, and BTC will continue to tug-of-war.
So over the next couple of days, focus on what the Fed says first, and then see where BTC goes.
Macro news is just a catalyst.
In the end, what truly determines prices is how capital reprices.#PCE物价指数 #杰克逊霍尔会议 $BTC
After the U.S. core PCE came out, the Fed became even more awkward
Inflation didn’t continue to worsen, economic growth is slowing, and core PCE also hasn’t accelerated further.
But even with 3.3% being a clear distance from the Fed’s 2% target.
How things will go in September is still hard to guess.
Friday’s Jackson Hole speech is drawing even more attention
Because right now, the market isn’t short of data—it’s short of the Fed’s stance.
Is it more worried about inflation?
Or is it starting to worry more about employment and economic growth?
If Waller sends a more dovish signal, the market may reprice rate-cut expectations again:
dollar and U.S. Treasury yields move lower,
risk appetite and BTC move higher.
But if he continues to emphasize sticky inflation—or even hints that rates still need to stay elevated—the market may again reprice the idea of “higher rates for longer.”
For BTC right now, don’t go long just because PCE matched expectations.
Wait until Friday.
And the more I think about it, the more I feel that:
What the market fears most isn’t bad data—it fears ambiguous data, and the Fed not being explicit about its message.
In that case, expectations for September will keep swinging, and the dollar, U.S. Treasuries, and BTC will continue to tug-of-war.
So over the next couple of days, focus on what the Fed says first, and then see where BTC goes.
Macro news is just a catalyst.
In the end, what truly determines prices is how capital reprices.#PCE物价指数 #杰克逊霍尔会议 $BTC
Air Force is in position, let's keep it going!
Bitcoin breaks 90,000 USD, the cumulative short liquidation intensity of mainstream CEX will reach 541 million.
If it falls below 87,000 USD, the cumulative long liquidation intensity of mainstream CEX will reach 703 million.
Once it breaks 90,000, short it directly! $BTC
If it falls below 87,000 USD, the cumulative long liquidation intensity of mainstream CEX will reach 703 million.
Once it breaks 90,000, short it directly! $BTC
Let's go! Let's make money together!
At least get two rounds of bull and bear
Automobili Lamborghini
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$ETH In the last week, I hoarded 100 ETH. Will I be free after unloading it in three years?
He Yi: Calculating based on percentages is clearly not the bottom at the moment, but the underlying logic of the industry is changing
On November 6, He Yi, co-founder of Binance, responded to community questions about whether he was certain that it was not a bear market: "Of course I'm not certain, but it doesn't affect my long-term confidence in the industry. If we calculate based on historical percentages, it is clearly not the bottom now; but the underlying logic of the industry has changed, and the paradigm of industry volatility will also change. History does not repeat, but it will rhyme."
Yesterday, He Yi stated that when $BTC dropped from $1,000 to $200, some claimed that the crypto market was over. When Bitcoin dropped from $20,000 to $3,000, some claimed that the crypto market was over. When Bitcoin dropped from $60,000 to $17,000, there were still those who claimed that the crypto market was over. Today, Bitcoin has just dropped from the $120,000 range to $100,000, and once again, voices claiming that the crypto market is ending have emerged. In every cycle, there are those who become disheartened and exit the market, and in every cycle, there are those who remain calm and collected. History does not repeat, but it will rhyme. DYOR.
On November 6, He Yi, co-founder of Binance, responded to community questions about whether he was certain that it was not a bear market: "Of course I'm not certain, but it doesn't affect my long-term confidence in the industry. If we calculate based on historical percentages, it is clearly not the bottom now; but the underlying logic of the industry has changed, and the paradigm of industry volatility will also change. History does not repeat, but it will rhyme."
Yesterday, He Yi stated that when $BTC dropped from $1,000 to $200, some claimed that the crypto market was over. When Bitcoin dropped from $20,000 to $3,000, some claimed that the crypto market was over. When Bitcoin dropped from $60,000 to $17,000, there were still those who claimed that the crypto market was over. Today, Bitcoin has just dropped from the $120,000 range to $100,000, and once again, voices claiming that the crypto market is ending have emerged. In every cycle, there are those who become disheartened and exit the market, and in every cycle, there are those who remain calm and collected. History does not repeat, but it will rhyme. DYOR.
Brothers, borrowing money to trade cryptocurrencies, really don't try it!
Today, a returnee from the company next door borrowed high-interest loans to trade cryptocurrencies and lost everything. He borrowed money from all his colleagues and even sold his parents' house.
Then he ran to rob a jewelry store—after trying on four gold bracelets, he took the opportunity to escape but was stopped by the crowd.
I heard he wanted to go in to hide from his debts, but he ended up being sentenced to 3 years probation, and his plans fell through.
His plans fell through; human calculations cannot match heavenly calculations😅$BTC $BNB
Today, a returnee from the company next door borrowed high-interest loans to trade cryptocurrencies and lost everything. He borrowed money from all his colleagues and even sold his parents' house.
Then he ran to rob a jewelry store—after trying on four gold bracelets, he took the opportunity to escape but was stopped by the crowd.
I heard he wanted to go in to hide from his debts, but he ended up being sentenced to 3 years probation, and his plans fell through.
His plans fell through; human calculations cannot match heavenly calculations😅$BTC $BNB
I have been paying attention to the #RWA track and believe that RWA will be a huge narrative to ignite the next bull market. The latest data shows that the total market capitalization of RWA has surpassed $33.84B,
Today, I want to talk about this project, Plume Network, a modular Layer 2 network specifically designed for RWA.
It is not as "large and complete" as general-purpose L2 but has chosen a "small and refined" vertical track, aiming to become the "Apple App Store" in the RWA field.
Its core solutions are very precise:
1. Integrated tokenization and management.
Project parties can complete the tokenization issuance and full lifecycle management of assets on Plume with a one-click solution. It's like building a "digital factory" for you; you just need to focus on the assets themselves.
2. Seamless access to the DeFi ecosystem.
Due to EVM compatibility, RWA assets on Plume can directly enter DeFi protocols for lending, trading, and yield generation. This means that a "tokenized" commercial real estate's shares can be used as collateral for lending on Aave/Compound—realizing true asset liquidity release.
3. Built-in compliance and regulatory framework.
Plume integrates compliance tools at the base layer, such as identity verification and transfer rules, ensuring that asset issuance complies with relevant regulations. This clears the biggest obstacles for traditional large institutions to enter, addressing the questions of "who can play" and "how to play legally."
What does this mean for us?
1) New Alpha opportunities: Early participation in RWA projects within the Plume ecosystem may capture similar dividends to early DeFi blue chips.
2) Richer asset combinations: Investment portfolios are no longer limited to the highly volatile pure crypto assets and can include more stable "equity" and "bond" type RWA assets for risk hedging.
3) Potential airdrops and incentives: As an emerging L2, actively participating in its testnet and ecosystem project interactions is likely to lead to future token airdrops.
Everyone can pay more attention to this!!
@Plume - RWA Chain #plume #PlumeNetwork and $PLUME
Today, I want to talk about this project, Plume Network, a modular Layer 2 network specifically designed for RWA.
It is not as "large and complete" as general-purpose L2 but has chosen a "small and refined" vertical track, aiming to become the "Apple App Store" in the RWA field.
Its core solutions are very precise:
1. Integrated tokenization and management.
Project parties can complete the tokenization issuance and full lifecycle management of assets on Plume with a one-click solution. It's like building a "digital factory" for you; you just need to focus on the assets themselves.
2. Seamless access to the DeFi ecosystem.
Due to EVM compatibility, RWA assets on Plume can directly enter DeFi protocols for lending, trading, and yield generation. This means that a "tokenized" commercial real estate's shares can be used as collateral for lending on Aave/Compound—realizing true asset liquidity release.
3. Built-in compliance and regulatory framework.
Plume integrates compliance tools at the base layer, such as identity verification and transfer rules, ensuring that asset issuance complies with relevant regulations. This clears the biggest obstacles for traditional large institutions to enter, addressing the questions of "who can play" and "how to play legally."
What does this mean for us?
1) New Alpha opportunities: Early participation in RWA projects within the Plume ecosystem may capture similar dividends to early DeFi blue chips.
2) Richer asset combinations: Investment portfolios are no longer limited to the highly volatile pure crypto assets and can include more stable "equity" and "bond" type RWA assets for risk hedging.
3) Potential airdrops and incentives: As an emerging L2, actively participating in its testnet and ecosystem project interactions is likely to lead to future token airdrops.
Everyone can pay more attention to this!!
@Plume - RWA Chain #plume #PlumeNetwork and $PLUME
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