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Last night, an incident dubbed "the most absurd fat finger in DeFi history" caused a stir in the crypto community.

The protagonist of the story was an anonymous "big spender." Through the Aave DeFi lending protocol's app interface, he initiated a seemingly simple transaction: exchanging a staggering $50.43 million worth of USDT stablecoins for AAVE tokens.

How large was this transaction? Large enough to instantly "dry up" the liquidity of many smaller cryptocurrencies. Because AAVE tokens have limited trading depth, such a massive buy order directly triggered catastrophic slippage. Simply put, slippage...

$50 million gone in a single "confirm"! The most expensive accidental loss in DeFi history is born.

Pi Coin is attracting renewed attention as the network prepares to reach two significant milestones. In the past 24 hours, the Token has risen by approximately 5%, and by about 24% over the past week. However, the story...

Pi Coin surged 75% ahead of Pi Day! Will this upward trend continue?

This article is from Kyle Samani.
Compiled by Odaily Odaily(@OdailyChina); Translated by Azuma (@azuma_eth)
Editor's Note: Kyle Samani, the man most adept at shill Solana and the former co-founder of Multicoin Capital who recently made a high-profile exit from the industry, is back!
Last night, Kyle Samani posted a long Thread article on his personal X account. In the article, Kyle Samani once again...

Kyle Samani is back: This time, we're going to eliminate CEX in terms of efficiency!

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