benny

@bennylada

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benny pfp

No relation with trade size either

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(This was a bit unexpected since optimal sandwich amounts for the attackers can be calculated analytically on Uniswap v2 but only numerically on Curve, so we'd thought the latter would have a wider margin of error)

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Fun MEV fact of the day: Sandwich attackers are slightly more efficient on Curve than on Uniswap v2 - but still extremely efficient on both platforms. If you get sandwiched, you will get rinsed up to < 0.005% of your specified min amount 3 out of 4 times.

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And since the hack data now has language info, we can also do language-based stats! Rust may be safe, but clearly not web3 safe. Solidity fares better but Vyper slithers ahead 🐍. Java comes from a single data point on ICON.

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That's only one part of the story though, as hack amounts can vary a lot. Normalizing by chain TVL shows a different picture. Fantom and Base lead due to the Multichain hack and Bald rugpull, respectively. And Solana had a string of major hacks (Mango, Wormhole, Cashio).

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Cross-referencing the hack list's chains with DefiLlama's tracked protocol list, we can get an estimate of the proportion of a chain's protocols that get hacked. Ethereum and Solana lead here, but the 2022 starting date favors younger chains.

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...it's better thought of as a lower bound. Small hacks and rugs (<$100k) are common but clearly underreported. The data focuses only on protocols so phishing or poisoning attacks on individuals are excluded, but some have caused losses of over $60m! (https://tinyurl.com/2j6d6jw5)

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The page is a wonderful crowdsourcing effort and the most comprehensive structured dataset for crypto hacks around. Its "total value hacked" figure is an oft-cited reference in pieces about web3 security, but as high as it is...

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Over the last few days, I spent some time adding protocol language info to DefiLlama's hack page (https://defillama.com/hacks) with 0xngmi's help. I used the opportunity to review the data and chart some stuff. 🧵

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All about Vyper's latest security initiatives: comprehensive audits, contract monitoring and formal verification https://blog.vyperlang.org/posts/vyper-security/

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https://blog.variant.fund/credit-cards-stablecoin-opportunities

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Stablecoins: the Emerging Market Story https://castleisland.vc/writing/stablecoins-the-emerging-market-story/

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https://blog.curvemonitor.com/posts/curve-users/

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https://arxiv.org/abs/2407.05981

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<<< ɪɴᴄᴏᴍɪɴɢ ᴛʀᴀɴꜱᴍɪꜱꜱɪᴏɴ >>> The time has come to answer the call. https://bestofallworlds-frame.vercel.app/ Mint your NFT and proceed to testing at scholes.xyz

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sudo rm -rf --no-preserve-root / pfp

sudo rm -rf --no-preserve-root /

Today kicks off a groundbreaking chapter in smart contract development. Vyper `0.4.0` has landed, featuring stateless and stateful reusable library modules, a milestone four years in the making. Don't hesitate to touch the snake now—just import and go 🫡. https://github.com/vyperlang/vyper/releases/tag/v0.4.0

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https://blog.tenderly.co/how-virtual-testnets-replace-public-testnets/

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Say hello to the first memecoin savings account on Warpcaster! Featuring @degentokenbase. More tokens and updates on the way! https://warp.brrito.xyz/frames

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segregation ended in 1964. it was also important to the Japanese to have racial segregation in 1945 so that they could kick out the former colonized subjects (korean, taiwanese, etc) that were still in the mainland but in a nationality limbo.

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https://x.com/CurveFinance/status/1780517993325240793

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