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Alex Netto (netto.eth)
2,948 posts
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@alextnetto

Alex Netto (netto.eth)

@alextnetto
luck is a function of movement and preparation / generalist / open-source contributor / hackathon addicted / founder & CEO @blockful_io @anticapture
GPUs
empiric.observer
Joined December 2012
1,323
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  • @alextnetto
    Alex Netto (netto.eth)
    @alextnetto
    7h
    One more. And people still think it's theoretical...
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    @hklst4r
    Weilin (William) Li
    @hklst4r
    Aug 30
    It seems @TectonicFi has been exploited for around $66M! The root cause is simple: TONIC, it's own governance token has a 20% collateral factor, with very thin liquidity. The attacker performed a Mango-market style pump-and-borrow price manipulation attack. TONIC's price surged
  • @alextnetto
    Alex Netto (netto.eth)
    @alextnetto
    Aug 24
    If there was some project that could help prevent this, it would be amazing… But not enough support from “public goods supporters” to scale this.
    @DBCrypt0
    DBCrypto
    @DBCrypt0
    Aug 23
    Another $8.5M stolen this morning 🤦‍♂️ Audited code Zero exploits Perfectly legal vote 3rd major DAO attack this year The attacker started with 2 ETH out of Tornado Cash and bought governance tokens That was enough to seize 100% voting power in 4 of the 5 USDC vaults and about
  • @alextnetto
    Alex Netto (netto.eth)
    @alextnetto
    Aug 21
    There are a few moments when you just feel a spark around a team or product. The last time I felt that, the startup got into YC a few weeks later. Nora gives me that same feeling. Excited to be supporting and working more closely with this incredible team and mission.
    @norafinancexyz
    Nora
    @norafinancexyz
    Aug 21
    Alex Netto, @alextnetto, is joining Nora as an angel investor. Founder of @blockful_io, his team has helped prevent $150M+ in exploits and built governance infrastructure recognized across Ethereum. Now he’s joining us to help build Brazil’s programmable money layer. 🇧🇷
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  • @alextnetto
    Alex Netto (netto.eth)
    @alextnetto
    Aug 6
    A pleasure to have you here. We’re actively building a community that discusses frontier tech. Come check it out!
    @Danko8383
    0xDanko
    @Danko8383
    Aug 5
    First time working from @EthereumHubFLN! Kudos to our friends @alextnetto @gui_bettanin for making it happen... If you are around Floripa, come check it out!
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  • @alextnetto
    Alex Netto (netto.eth)
    @alextnetto
    Jul 28
    It's been a while since I've seen an exciting governance experiment like this one
    @blockchainjames
    James 🔥_🔥
    @blockchainjames
    Jul 28
    Day 1 results of the ENS Simocracy experiment are in: 15 proposals created by the community and then ranked by all 31 sims, this ranking informed each proposals funding. Read the Sim dialogue, update your proposal, and there'll be a new incentive weighting structure tomorrow⬇️
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