This Sergey video aged like fine wine, very prophetic
“The consequences of an oracle failure as shown by history is getting completely wrecked”
Bridges are just cross-chain oracles where another blockchain is the data source
Just use Chainlink
LayerZero founder literally less than 24 hours ago:
"No way Jose on the memecoin trading, bros. We were just doing a little OFT testing. Very standard stuff to see on our multisig."
LayerZero blog today:
"Yah, so turns out we did have our trusted employees bidding a random shitter called McPepes using our mission-critical security apparatus."
Heeaaaaaaaaated debate broke out in the ETHSecurity Community Telegram earlier today between LayerZero’s Bryan and security researchers.
TLDR summary:
- $3 billion+ of LZ OFTs were recently at risk of being compromised due to a default library contract that LZ Labs could upgrade instantly with no timelock to forge messages (like what happened with rsETH hack)
-According to Banteg, major projects like Ethena and EtherFi were STILL using this default library contract as of a few weeks ago
- There is still $178 million in value exposed to being compromised from projects using default library (look at quote tweet)
- LZ Labs doesn’t need to be malicious for this be risk, they have history of poor opsec (in addition to being hacked by North Korea):
- Onchain data shows LZ Labs multisig signers were engaging in non-multisig signing activity like trading memecoins, swapping on DEX, bridging. All major phishing risks as this mean production multisig keys were connected to websites, not just used for signing
- LZ Labs handled private keys like a high schooler, trading memecoins on production multisig keys, no wonder they got targeted by North Korea, who knows what other poor opsec they have?
THREAD BELOW
In the last 48 hours, 14 protocols have either announced a migration away from LayerZero or paused bridging.
Fully migrated to CCIP: KelpDAO, Solv Protocol, Re Protocol
Bridges paused: Kamino, Ethena, Euler, Curve
Markets frozen: Aave, SparkLend, Fluid, Lido, Pendle, Compound
Chainlink is an ecosystem kingmaker, why should its services be given away for free?
2,000+ Chainlink oracle networks across 75+ blockchains are responsible for securing $77B+ in DeFi TVL for 484 active protocols
Every single one of these oracle networks maintain the highest level of security and reliability, 24 hours a day, 365 days a year, across every chain deployment
This includes operating without incident even during the most extreme market volatility (e.g., Oct 10), blockchain network congestion (e.g., 1,000x Ethereum gas spikes), and third-party service outages (RPC, data providers, cloud providers, CDNs, etc)
This level of reliability is why Chainlink has an oracle market-share of 70%+ across all the chains it operates on (80%+ on Ethereum and 90%+ on L2s)
Chainlink has a proven track-record of securely enabling over $27 trillion in transaction value over the past half-decade, providing the most robust data oracle and cross-chain interop infra available on the market
All of this should be given away for free?
When you create something valuable, are you not allowed to ensure it's economic sustainability?
When a chain is able to generate millions in revenue from tx fees and MEV from its DeFi economy, should the oracle network infra that secures that DeFi economy not earn a fair share?
Are blockchain ecosystems allowed to have a dev team who can make deals with other dev teams, but not oracle ecosystems?
You can choose to cheap out on your oracle provider if you so choose, but you will responsible for explaining to your users what happened to their money when an oracle exploit occurs
⚡Cardano's Charles Hoskinson spoke on crypto ethics and deals in an industry that grew out of decentralization:"If Chainlink was truly decentralized...""I shouldn't have to go and make a deal with the Chainlink organization and pay a giant sum of money to integrate."
$ADA $LINK
Not a fan of whatever X has done to the Twitter Feed algorithm recently
Used to be that bc I follow mostly crypto people, I see mostly crypto posts
Now my feed is only based on what I engaged with in the past day or so
Oh you liked this guy’s tweet? You must love him, here’s five of his tweets back-to-back
You liked one political tweet? You must be obsessed, your timeline is now politics-only
Not a mystery why the most viral tweets from crypto folks lately have been about
The algo has fundamentally changed
Unfortunate reality of any platform whose monetization is largely derived from advertising
You are the servant of the attention-maximizing algo, not the other way around
Cute, but dead wrong. Nov 22, 2025: ISO 20022 goes fully live across Swift, Fedwire (July ‘25), ECB T2, & BoE—ending MT coexistence for richer, programmable data.
Same day, Swift announces ISO upgrades for tokenized assets & CBDCs. Legacy format buried? Nah—Swift’s reborn for digital rails. Super speed ahead. Swift Ledger next.
XRP has 100X the lying of every other community combined, which is why I unfortunately have to talk about it as much as I do.
XRP and Dogecoin are the exact same thing: Two meme coins with their own chains, except one has a bank theme and the other has a dog theme.
Have you noticed how I spent zero time talking about Dogecoin?
XRP's marketcap is dependent on a community of low human capital, conspiracy theory-obsessed, QAnon cult, gullibe rubes, who believe a secret cabal of global elites are suppressing information about XRP's destiny as a global reserve asset, or that the secret cabal is using the SEC to go after Ripple because their tech is so good that the banks are scared of them, or 1700 NDAs (which are just market maker agreements for Ripple to dump XRP), fake bank partnerships, belief that being a "bridge currency" makes a token valuable, and even believe that marketcaps aren't real.
The entirety of the XRP marketcap is based on:
1. Fake hype and misinnformation about banks, SWIFT, DTCC, ISO20022 coins, FedNow, secret cabals, 1700 NDAs, etc.
2. The false belief that being a "bridge currency" makes a token valuable. (bridge currency -> every buy comes with an equal sell momentarily later)
3. Falsely conflating that you have exposure to the annoucements Ripple and Garlinghouse are making by owning XRP.
4. Believing a $3 coin is cheap because you have no idea what a marketcap is.
The attached image is the type of slop that the XRP marketcap stems from:
SWIFT CIO: yeah $XRP not needed
Vaneck: yeah $XRP Not needed
Solana: yeah $XRP not needed
A bunch of paid actor influencers with no financial background/never used a blockchain before
"Bro $XRP is the financial future, it's like already being used by the fed reserve"
Dear XRP maxis,
I may never understand what your “blockchain” actually does, but I’ll always respect the passion required to pretend it does something.
So keep hustling! 👍
This is what a fully brainwashed XRPer describes as being the "system":
XRPL is ranked 50th by TVL.
Less than 1% RWA marketshare.
It's ranked 46th with only 62 full time devs.
It has less than $10M per day in DEX volume.
Quote from article (x.com/Blockworks_/st…)
"XRPL currently has four DeFi apps with 100 unique active wallets interacting with them daily right now — but three of them are DEXs and one is an NFT marketplace."
Those 3 DEXes add up to about $10M per day in 24 hour trade volume, while chains like Ethereum or Solana have $4-5 billion per day in volume.
XRPL doesn't even have basic features such as smart contracts.
Not even Ripple wants to use XRPL, which is why they issued 90% of RLUSD supply on Ethereum.
So, why does he feel confident to describe $XRP as the "system?"
Because he doesn't use any blockchains. Doesn't use any applications.
He gets on social media, seeks out $XRP-dedicated social media channels, watches hours upon hours of their lying predatory gaslighting sewage, buys $XRP on a centralized exchange, let's it sit there because there isn't actually anything to do with it, and then gets back on social media to repeat back to me the lying slop that the channels told him.
Swift CIO explains why 12,000 banks will not be using a volatile, bank-themed magic bean as a bridge currency, despite what XRPTikTokPatriot told you:
$XRP
“He really thinks higher price means less gain”
Ummm it does mean that idiot that’s why the token LINK with the HIGHER PRICE HAD LESS ALL TIME GAINS THAN XRP DONKEY BOY.
No we not selling XRP for link at $20 EVEN WITH PURE PROOF these idiots still run their mouth 👇🏼
20K Followers 522 FollowingBuilding @Chainlink since Day 1 | Senior Director, Comms | Connecting the world’s largest financial institutions to onchain infrastructure | 2,900+ days running
32K Followers 3K Following⬡ data spinner ⬡ silo disrepectoor ⬡ stakeholder in the backbone of the Global Financial System ⬡ p̵l̵a̵t̵f̵o̵r̵m̵ Protocol ⬡ you arent hedged enough #4IR ⬡
185K Followers 48 FollowingCo-founder of @Chainlink: industry-standard for creating the verifiable web and bringing the whole world onchain. We're Hiring: https://t.co/0xiQfsV9Sz