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Joined December 2024
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Source Code Systems retweeted
What is $CASH & how is it related to #pDAI?
CASH is the protocol peg token that follows the price of #pDAI
Its supply expands & contracts algorithmically
Every 6 hours the protocol checks the TWAP of CASH to #pDAI
📈Above Peg - New CASH is minted to RICH stakers
📉Below Peg - CASH can be redeemed for #pDAI 1:1
Source Code Systems retweeted
Meet Richie. ⚓️
Permanently bullish. Chronically overdressed. Completely incapable of seeing a #PulseChain altcoin without imagining the yacht it might become.
Especially $pDAI.
Wen Lambo? Nah, Wen yacht! 🛥️
Source Code Systems retweeted
Now tracking @BetterBank_io on @PulsechainCom
BetterLend is a DeFi lending protocol on PulseChain, offering lending and borrowing features for multiple assets
Source Code Systems retweeted
🚨 There’s a large-scale supply chain attack in progress: the NPM account of a reputable developer has been compromised. The affected packages have already been downloaded over 1 billion times, meaning the entire JavaScript ecosystem may be at risk.
The malicious payload works by silently swapping crypto addresses on the fly to steal funds.
If you use a hardware wallet, pay attention to every transaction before signing and you're safe.
If you don’t use a hardware wallet, refrain from making any on-chain transactions for now.
It’s still unclear whether the attacker is also stealing seeds from software wallets directly at this stage.
Excellent report here: jdstaerk.substack.com/p/we-j…
Source Code Systems retweeted
Update on the @BetterBank_io incident:
We’re supporting BetterBank as best we can, and so far they’ve recovered the protocol from bad debt, a very promising sign.
At the same time, we acknowledge our audit should have been more thorough.
Our PoC used test ETH (a legitimate token). The same issue could be reproduced with bogus tokens, but we didn’t explicitly state that in the PoC, which led to the severity being downgraded.
The finding itself was correct, but our communication fell short.
Source Code Systems retweeted
Yes, this is correct. The initial demonstration used test ETH, which represents a legitimate token like PLS, PLSX, or PDAI.
We acknowledge that the issue could be reproduced with any type of bogus token, but we did not fully demonstrate this at the time.
While the downgrade reflected client comments, we recognize that our explanation could have been clearer, and we apologize.
Source Code Systems retweeted
BetterBank AMA xitter.cf/i/broadcasts/1OwxWXrQw…
Source Code Systems retweeted
Watch: youtu.be/z8Ty3HYN2ME #CryptoKingz #BetterBank #DeFi
🎙️ New @CryptoKingz100 Podcast! 🚀 I’m Grover, co-host, with Nicky (Viondar), founder of @BetterBank_io! 🏦💸 We explore their DeFi revolution—free access, high-yield returns, and bank run protection, detailed in their official GitBook/whitepaper: betterbank.io/gitbook 📜
Source Code Systems retweeted
Better Bank AMA High Yield Borrowing and Lending
@BetterBank_io
youtube.com/watch?v=BZn5W-Sn…
