Paradigm Engineer #420 Profile picture
Dec 11, 2022 14 tweets 6 min read
"Actions speak louder than words, but not nearly as often."

- Mark Twain

This is the story of how @sherlockdefi lost 4m dollars of user funds and proceeded to gaslight the community into taking no responsibility. The story starts when the Orthogonal Trading Pool in Maple Finance defaults as it turns out they were a bucket shop that became insolvent over the FTX collapse.

Orthogonal Trading defaulted on $36M of debt, meaning that Sherlock would lose ~4m of the 5m they deposited to Maple.
Oct 17, 2022 13 tweets 3 min read
Aptos is broken.

Aptos launched today - October 17, 2022 at 14:22:40

However, Aptos is currently has a lower tps than Bitcoin and a majority of tokens are either staked or ready to be dumped on retail investors.

Curious? Thread Below
👇 Let's look at transaction speeds on Aptos.

Aptos promises 100k TPS in its finalized version. However, the current TPS is somewhere around 4 transactions per second.
Aug 1, 2022 12 tweets 5 min read
The Nomad bridge was just exploited for 165m

Currently, the details of the hack are unknown and this is not a post-mortem.

However, here are some details about the hack

👇 🧵 (1/12) Two hours ago, Nomad had a tvl of 165m dollars according to defillama. defillama.com/protocol/nomad