#Coresapiens are human beings who hold and use $CORE of @Coredao_Org. 🟧🔶 https://xitter.cf/t.co/NHEErbi8KZ
Joined June 2022
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Core Sapiens 🔶🇰🇷 retweeted
@CoreDAO_Org has been less active in October, but the project has had some big news.
The protocol's $CORE coin has also been on the downside, down more than 40% in the past 30 days.
Here is a list of some of the notable updates:
[Oct 27] Core moved to the next level of decentralization, with validators independently creating blocks and no downtime during the transition.
[Oct 27] Core initial contributors Rich Rines and Brendon Sedo left their DAO positions, with more active involvement of community operators anticipated.
[Oct 31] Core DAO revealed that an exploit occurred in @b14g_network, with around 97M of staked $CORE withdrawn without authorization.
[Oct 31] Core stated that its network, validators, and staking contracts remain safe, and no $BTC staked via b14g has been compromised.
[Nov 2] A Core hard fork helped recover around 68.15M CORE, or 70% of the stolen funds, through a one-time state update without altering total supply.
Exchange freezes and repayment of the remainder via b14g Core staking rewards will follow.
"A tree with deep roots is not shaken by the wind; it bears rich flowers and abundant fruit." (From Yongbieocheonga)
Those who deeply study and understand @Coredao_Org will never be shaken by market dips and will reap rich rewards. 🌳💎
DYOR: crypto-insight.net
Core Sapiens 🔶🇰🇷 retweeted
Bitcoin holders, this one is big! 💪
@Coredao_Org's Dual Staking lets you stake $CORE alongside your BTC to supercharge rewards, and the yield tiers are where it gets interesting.
See why ⬇️
bsc.news/post/core-dual-stak…
Rich Rines and Brendon Sedo weren’t the legendary "two friends" behind Core DAO.
The actual duo behind this vision are extraordinarily powerful figures. When the time is right, they will reshape and lead the entire blockchain industry.
👉 crypto-insight.net
A few years ago, two friends had a friendly disagreement. At the time, one was a BTC maxi, the other an ETH maxi. After much fanfare, both agreed an ideal blockchain would combine the best of both: decentralized, secure, and composable. #CoreDAO is the result of that debate.
Core Sapiens 🔶🇰🇷 retweeted
Bitcoin security meets smart contracts! 🟧
Core DAO (@Coredao_Org) blends PoW and PoS in one consensus, and the full $CORE guide shows why millions of wallets have piled in.
Read now ⬇️
bsc.news/post/what-is-core-d…
Core Sapiens 🔶🇰🇷 retweeted
A Core hard fork moved 68.15 million $CORE, about 70% of the tokens withdrawn without authorization from Bitcoin dual-staking protocol b14g on 31 October, into a recovery address.
Full BSCN Daily episode: youtu.be/mhL-GFT-vbU
Core Sapiens 🔶🇰🇷 retweeted
b14g is the engine keeping the Core blockchain alive
@b14g_network drives operations, security, and dual staking on the @Coredao_Org Blockchain.
As DeFiLlama reports, $2.81 million of $CORE's total DeFi TVL of about $ 3.26 million is attributed to b14g.
Core utilizes Satoshi Plus, a mechanism that provides enhanced yield by combining staked $BTC with staked CORE. The b14g Merge Marketplace and b14g's dualCORE vault make the process easier.
b14g's TVL is about $257 million, mainly self-custodied BTC. This is the volume of Bitcoin capital that flows through b14g into securing Core Blockchain.
Of course, b14g isn't risk-free. In October, an exploit drained about 97 million CORE. This was subsequently reversed via a hard fork, to the extent of about 68 million CORE.
Core Sapiens 🔶🇰🇷 retweeted
Bitcoin holders can earn more on Core, and the key is Dual Staking.
Pair CORE with BTC and your $CORE ratio decides your yield tier on @Coredao_Org.
Learn now:
bsc.news/post/core-dao-dual-…
Core Sapiens 🔶🇰🇷 retweeted
Core’s Hard Fork Recovers Funds From the Attackers
@b14g_network reported that the @Coredao_Org network hard-fork on November 2, recovered 68,146,177 $CORE from three attacker-controlled addresses.
The assets were saved from an October 31 event involving nearly 97.05M CORE.
This recovery involved one-time state restoration. No transactions have been reverted, minted, or altered the token supply.
The recovered CORE has not yet been returned to users. However, the protocol disclosed that it will pursue the assets frozen on exchanges with law enforcement and analyze the difference.
An official claim process has not launched yet; therefore, users should be wary of recovery scam websites and not share private keys/seed phrases.
Recovery is an important step forward but far from being completed.
Core Sapiens 🔶🇰🇷 retweeted
Core (@Coredao_Org) now lets stakers divide their delegation across more than one validator at once, a feature that arrived with Network Upgrade 1.0.4.
Before it, moving $CORE to a different validator cost the delegator that day's rewards.
bsc.news/post/split-delegati…
As security breaches continue to hit crypto exchanges, banks, telecom giants, and credit card companies, more institutional leaders will realize why Core DAO is essential.
Dive into my analysis to see why Core’s architecture matters:
👉 crypto-insight.net
Most people posting about Core DAO haven't done their homework. Only a select few who truly understand the tech will reap massive rewards from $CORE.
Do your own research before it's too late:
👉 crypto-insight.net
Read my analytical posts and decide for yourself.
Through all the market noise—the $6.3B Binance hack, @b14g_network exploit, and everything in between—my strategy remains unchanged.
I bought $CORE yesterday, today, I’ll buy tomorrow, next week, next month, and next year.
True conviction isn't shaken by temporary setbacks.
Core Sapiens 🔶🇰🇷 retweeted
We’re aware of the exploit affecting b14g, a restaking and yield protocol on Core and Babylon, and we’re working closely with their team.
The Core network is secure. Core’s consensus, validators and staking contracts operated normally throughout, and CORE staked directly with validators or through other protocols is unaffected.
We’re supporting b14g and exchange partners to trace and freeze the funds. Most of the stolen CORE remains on Core, and exchanges are freezing deposits linked to the attacker.
We’ll share updates as we have them.
b14g Security Update
At 09:29 UTC today, approximately 97M CORE staked through b14g was withdrawn without authorization and transferred to attacker-controlled addresses.
Upon discovery, we immediately paused the affected contracts. We are working closely with the Core team, security partners and exchanges to investigate the incident, trace the funds and coordinate freezing and recovery efforts.
Based on tracing so far, approximately 68M CORE remains on Core. Exchange partners have frozen approximately 9M CORE linked to the attacker.
The affected assets are CORE staked through b14g. BTC staked through b14g remains time-locked on Bitcoin and was not affected.
Our immediate priority is protecting users and recovering the affected funds.
Attacker addresses:
0xc556ed208285406d71705927f92d4f4eaea579f1
0x27758c30f8e424fbd8ca605bf31e9496c26ce92c
We will publish a detailed post-mortem covering the technical cause and impact, along with next steps for affected users. Further updates will follow as information is verified.
Core Sapiens 🔶🇰🇷 retweeted
Core DAO (@Coredao_Org) burns a share of block rewards and fees every round, at a rate set by the DAO, not fixed in code.
Its whitepaper v1.0.7 says Core is moving away from burning. The 2.1 billion $CORE hard cap stays.
The burn and the planned shift:
bsc.news/post/core-dao-token…
Core Sapiens 🔶🇰🇷 retweeted
Core DAO Users Are First in Line for ArcherSwap’s HYPE Revenue Share
The @Archerswapcore DEX will implement a revenue-sharing mechanism on the @Enter_Elysium blockchain network.
Users who swap, provide liquidity, or interact with the platform can stake their tokens and receive $HYPE tokens from the platform's revenue.
The initial participants in the reward program include the @Coredao_Org community and the Archers themselves. The reward program will launch on @memekodotfun.
This is also the first time ArcherSwap has expanded from the Core Chain network to the Elysium network.
Core Sapiens 🔶🇰🇷 retweeted
Core DAO’s early leaders step aside as the community takes the wheel
Core DAO (@Coredao_Org, $CORE) said today that initial contributors Rich Rines (@richrines) and Brendon Sedo (@BrendonSedo) are stepping down from their roles in the DAO. Core's community will take on more ecosystem-building, growth work, and decisions about where the Bitcoin-focused chain goes next.
The move follows the DAO handing block production to independent validators, a switch the network has made with zero downtime so far. More independent operators and community-led projects are set to follow in the coming months.
