Earlier today, an exploit affected Colony contracts on Arbitrum. Direct losses across all affected colonies are understood to be ~$190.5k. We have completed our investigation and have a clear picture of what happened, the affected scope, and the likely consequences. We have not identified any further funds at risk. We are in contact with the affected parties, and will reimburse them for direct losses from this incident.

Settlement shouldn’t wait. Not for banks. Not for borders. Colony puts payments onchain — instant, transparent, unstoppable. Exactly how they should be.

From online to onchain.

Corporate financial transparency shouldn’t be radical — it’s simply responsible. When the whole team knows the numbers, everyone becomes a custodian of the treasury.

Congrats to our friends at @GnosisDAO - 10 years of building world-class onchain infrastructure. And we’re only just getting started. 💪

We’re literally building the infrastructure for organisations to run on the blockchain. Pretty impressive, right?

The future of cross-border payments is stablecoins like USDC - simply better than fiat. 👇

Corporate jargon: transforming clarity into confusion since the dawn of middle management.

We’re at the start of the next internet. The last era took us from offline → online. This one is taking us from online → onchain. Ownership, identity, and coordination are becoming native to the web. What a time to be alive! 😎

Paper companies are built on secrecy. Onchain organisations are built on code + transparency.

Onchain data = higher transparency + better accessibility.

“That’s how we’ve always done it.” – the unofficial motto of corporate extinction.

We’re proud to be helping organisations come onchain. 💪

With Colony: - Treasury’s onchain. - Every spend is traceable. No secrets. No middlemen. Just clear, open coordination.

Eventually, every organisation will settle international payments in stablecoins.

Corporate Leadership Training: learn how to say “great work” without ever reading the report.

Colony 🤝 Arbitrum 🤝 Ethereum