@Solflare Customer Support Specialist ➤ Discord: itsnotned
Joined June 2014
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Ned retweeted
Update on Solflare SOL staking
Our staking provider has notified us of a security incident on their side, affecting the keys they hold for the Solflare validator. They are investigating. As a result, the Solflare validator is currently not producing rewards.
Your SOL is safe. Delegated stake sits in your own stake account and is controlled by your keys alone; the Solana protocol does not allow a validator, or anyone holding its keys, to move it. No user funds were touched.
We're moving to a new Solflare validator, which means your stake will need to move too. No action is needed now: an upcoming app update will give you a secure, guided path to the new validator, and we'll post here the moment it's live. Rewards are paused until your stake is active on the new validator, and we're working on a compensation plan for everyone who migrates.
Migration will only happen through the Solflare app. We will never DM you or send you a link. We'll keep you posted.
Ned retweeted
Today, we added Earn to Solflare. You can now lend USDC through @kamino from within the app.
Our job is to make lending simple to access, with the returns and risks clear.
We chose @Kamino for their fantastic track record: over $21B in loans originated with $0 bad debt to date.
Earn brings another billion-dollar financial primitive into Solflare, alongside trading and staking.
Solflare is the home for traders, stakers, lenders and stock investors alike.
Introducing: EARN in Solflare
Your USDC can do more than just sit in your wallet.
Earn interest on your USDC – withdraw anytime.
Powered by @kamino, selected and reviewed by Solflare.
Ready to dive in? ↓
Finally!
Introducing: EARN in Solflare
Your USDC can do more than just sit in your wallet.
Earn interest on your USDC – withdraw anytime.
Powered by @kamino, selected and reviewed by Solflare.
Ready to dive in? ↓
Ned retweeted
imagine this, Elon tweets his new dog
immediately 1000 + coins are deployed , you buy the one on SOL but see another one on RH, BNB, and ETH
we now have a 4way chain pvp but thats not all, there is also a stonk pair, otc pad , agency pad , etc and to add to it there is a image/ ticker/ pairing / og /kol pvp you have to fight through
then on RH we have pons vs LONGS with the same other vamp attacks and im not even gon get started on BNB chain
finally (maybe) we have ETH which will most likely be the PVE runner but could also hard pvp
man ts is genuinely untradeable, just adapt and learn to be quick with your trades
Ned retweeted
The funds from the $3.8M NEAR Intents hack were sent back in full.
We are stopping the investigation.
Please use bug bounties instead of disrupting the services.
Ned retweeted
these are my fav moments because 90% of CT defaults to panic vs thought
which is your edge
- this is on a bridge to near, it is not near itself
- 3M is tiny for a bridge exploit + was made whole & patched in only 1h
- if vulns were everlasting, then ETH & BTC would be 0 td
Earlier today NEAR Intents services were stopped after a security incident was detected. The incident was caused by a bug in the Omni deposit and withdrawal infrastructure interaction with NEAR Intents smart contract.
The preliminary report indicates the total loss of approximately $3.8M. These funds will be compensated in full.
The contract-side vulnerability has been patched. The operations of the NEAR Intents and near(.)com are expected to resume within 1h.
Deposits and withdrawals on the following networks will remain unavailable for an additional ~12 hours while fixes to the Omni infrastructure are completed: BSC, Polygon, TON, Optimism, Avalanche, Stellar, Monad, LayerX, Adi, Scroll and Plasma.
In case users hold any assets from these chains inside NEAR Intents (for example, in HOT wallet or on near(.)com), they will be able to swap them into other assets once NEAR Intents is back up (in ~1h).
The incident has been reported to law enforcement, and we are working with security and blockchain analytics partners to trace the funds and pursue recovery. A detailed report will be shared publicly in the following days.
I started LPing this cycle with 5 SOL, and it kinda suits my style of play.
This week was rough, though, and I got a few LPs out of range. 🤣
Hoping I'll close that gap next month.
Ned retweeted
JUST IN: There's a new way into your Solflare wallet.
• Choose what you prefer - Recovery phrase or QUICK LOGIN
• Recovery phrase encrypted and backed up in your own cloud if you choose Quick Login
• No 3rd parties involved
Here's how it works ↓
Ned retweeted
Onboarding family and friends just got a whole lot easier ⛳️
