Hi all! I’m Jason Stone, and from August 2020 until April 2021, I led the group of talented individuals who managed the 0xb1 address.
Before leading 0xb1, I spent years in the Proof of Stake realm creating yield optimization strategies. In 2019, I founded a company called KeyFi that wrote MPC staking software and strategies.
Jun 30, 2022 • 6 tweets • 2 min read
One of the major contributing factors to this hole was the practice of cash based accounting for interest owed to customers from 2018 till at least mid 2021.
theblock.co/post/155069/ft…
In short, let’s say #Bitcoin was $5000 one week and the company owed .1 BTC interest. They would put a $500 liability on the books that week, but not actually buy the coins at the time! By the time BTC was $50k 2 years later, the true liability was 10x the recorded amount!
Sep 27, 2021 • 6 tweets • 2 min read
Greetings Metaverse and Web3 builders. The team behind @0x_b1 wanted to finally address some of the speculation about this account and its origins. While we cannot disclose too much, we would like to introduce ourselves.
We previously managed the funds held in the 0xb1 address in 2020 till May 2021, but have since escaped that relationship & no longer have any association with those funds or the organization(s) from whence they came. The team behind this Twitter has always remained the same.
Jan 13, 2021 • 11 tweets • 6 min read
1/ Without the people, there is no DeFi.
We are champions of the people of #DeFi, announce opening the 2021 year with a celebratory series of games commemorating the true year of #DeFi, the year of the Ox, and the year of #0x_b1.
With gratitude,
Let the games begin!
2/ - 50% @BadgerDAO $DIGG Airdrop Donation!
- 500 YFL to @YFLinkio’s Linkswap Rewards Extension!
- 5000 YAX to @yaxis_project Metavault Strategies Hackathon!