【Crypto World】Recent developments in the crypto space have been quite intense. First, a serious security vulnerability called React2Shell is actively exploited by hackers, affecting thousands of websites, and many payment and asset management platforms have also been impacted, with the risk of user asset theft rising sharply.
On a positive note, Ripple is advancing its multi-chain strategy for the RLUSD stablecoin, planning to leverage cross-chain technology to enter the Ethereum L2 ecosystem. Both mainstream Layer 2 networks, Optimism and Base, are included in its expansion plans. Based on current valuation, this asset has a scale of approximately 1.3 billion USD.
On the other side, Aave’s decentralized governance is embroiled in intense strategic discussions—the core issues revolve around the management rights of the protocol interface and whether protocol fees can be redirected for other uses instead of being directly deposited into the DAO treasury. Such discussions reflect how large DeFi projects are seeking a balance between growth and community interests.
Lastly, an interesting piece: the well-known NFT brand Pudgy Penguins is planning a major move this Christmas season, advertising in the Sphere in Las Vegas, a super IP scene. It seems they aim to leverage high-traffic offline scenarios to boost project visibility.
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WalletManager
· 12-17 17:04
I was just wondering why the wallet liquidity has been so strange lately. React2Shell is really fierce this time; I need to check the private key management process immediately.
Ripple's 1.3 billion RLUSD cross-chain deployment looks quite stable. The liquidity on Optimism has already picked up, but multi-signature wallets still need to be tightly controlled.
Aave's governance drama... Basically, it's about how to split the pie of the DAO treasury. I want to see what clues on-chain analysis can uncover.
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GateUser-e87b21ee
· 12-17 17:03
React2Shell is having issues again? I'm already numb to it; patching vulnerabilities every day is more exhausting than not being able to fix them.
Ripple's cross-chain expansion is quite aggressive. Isn't a market cap of 1.3 billion appealing?
Aave is arguing again. Governance discussions have been the same old story for a long time.
Asset security should truly be the top priority. Don't just focus on returns, everyone.
Are they going to change wallets again? How many times have they changed in these years?
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TaxEvader
· 12-17 17:00
Oh no, React2Shell really can't hold up anymore, I have to be on alert checking my wallet...
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Ripple's move is quite ruthless, RLUSD entering L2 is truly competitive
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Damn, the vulnerability hit right when I was depositing, so unlucky
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Cross-chain of $1.3 billion stablecoins, let's see if Base can handle it haha
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Aave is arguing again? Are they just having meetings every day to discuss?
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With so many security vulnerabilities, I don't even dare to place orders, it's too intense
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In the end, RLUSD still relies on Ripple's capital push
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The forum is already boiling over; if React2Shell has another issue, this circle will be finished
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SmartMoneyWallet
· 12-17 16:57
React2Shell this wave of vulnerabilities, thousands of websites are affected... Honestly, I really admire retail investors who are still trading at this time.
Ripple's $1.3 billion cross-chain, both O and Base are expanding... With such a long funding chain, can liquidity really hold up?
Aave governance is starting to bicker again, these people just like to go in circles. With such complicated setups, I just want to know who will ultimately benefit.
Security vulnerabilities keep emerging, stablecoin expansion, DeFi internal conflicts... The market structure is becoming more and more complex, and on-chain data still can't reveal the true distribution of chips.
Whales should be quietly accumulating at this point, since retail investors are taking all the risks anyway.
View OriginalReply0
FantasyGuardian
· 12-17 16:50
React2Shell this time is really amazing, time to check the wallet again
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Ripple's 1.3 billion cross-chain, feels like Base is about to take off
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Both vulnerabilities and governance issues, crypto really puts on a big show every day
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Debates over Aave, might as well just airdrop to the community for a better time
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Just deposited coins, and now worried about security vulnerabilities... really frustrating
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RLUSD expansion is at least a positive, unlike that React shell that keeps exploding
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Governance discussion? Basically just about how the DAO treasury spends money
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One vulnerability affecting a thousand websites, that's the real black swan. Ripple stablecoin, no matter how stable, is useless
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Why is it L2 again? How much longer until Ethereum mainnet is usable?
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By the way, can those stolen assets really be recovered in the end
React2Shell vulnerability threatens encrypted users, Ripple stablecoin cross-chain expansion in progress
【Crypto World】Recent developments in the crypto space have been quite intense. First, a serious security vulnerability called React2Shell is actively exploited by hackers, affecting thousands of websites, and many payment and asset management platforms have also been impacted, with the risk of user asset theft rising sharply.
On a positive note, Ripple is advancing its multi-chain strategy for the RLUSD stablecoin, planning to leverage cross-chain technology to enter the Ethereum L2 ecosystem. Both mainstream Layer 2 networks, Optimism and Base, are included in its expansion plans. Based on current valuation, this asset has a scale of approximately 1.3 billion USD.
On the other side, Aave’s decentralized governance is embroiled in intense strategic discussions—the core issues revolve around the management rights of the protocol interface and whether protocol fees can be redirected for other uses instead of being directly deposited into the DAO treasury. Such discussions reflect how large DeFi projects are seeking a balance between growth and community interests.
Lastly, an interesting piece: the well-known NFT brand Pudgy Penguins is planning a major move this Christmas season, advertising in the Sphere in Las Vegas, a super IP scene. It seems they aim to leverage high-traffic offline scenarios to boost project visibility.