Robinhood founder's mnemonic phrase was leaked during a live stream, and a hacker controlled the address to hype a meme coin and issue a token for cashing out.
Token Pocket Chief Business Officer Michael said that Robinhood founder Vlad Tenev's mnemonic phrase was leaked during his live stream. After the hacker gained control of the address, they used that address and its associated addresses to buy $1 tokens, prompting thousands of people to follow suit. The token’s market cap quickly rose from about $500,000 to $14 million, then the price crashed, with roughly $20 million in trading volume over two hours.
After the related address was frozen, the hacker moved to the BNB Chain, using that address and its associated addresses to issue a new token and trade it, finally dumping it for profit.
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Last night some brother might have gone to bed early, and I don’t know what happened, so I’m summarizing the exciting night for the brother who just woke up. Last night, after the hacker stole the Robinhood founder’s address, they did two things:
1. They used that address and its associated addresses to buy $1 tokens, causing thousands of people to follow the hype, pushing the coin’s market cap from $500 K to $14 M in a flash. The price then tanked, and the two‑hour trading volume reached $20 M.
2. After the hacker found that this address was frozen, they switched to the BSC chain, then used that address and its associated addresses to launch a token, trade it, and finally dump it.
Good morning.
@TermMaxFi's partnership with Native Fi caught my attention because it connects fixed-rate DeFi infrastructure with the tokenized stocks narrative.
bStocks on BNB Chain are not just about bringing equities on-chain.
They also need deeper liquidity, better capital efficiency and real DeFi utility around them.
That is where TermMax can become important.
Native Fi brings the tokenized stock layer.
TermMax adds fixed-rate lending and yield infrastructure.
BNB Chain provides the environment for users and liquidity.
This combination could make tokenized equities more useful than simple synthetic exposure.
The bigger picture is clear:
RWA assets need financial rails, not just listings.
GM to builders turning tokenized assets into usable markets.
Capital is pouring into how agents pay, verify, and talk to each other.
That looks progressive until you notice what is missing.
An economy is not defined by clean transfers. It is defined by contested ones. If two agents disagree and the stack has no settlement path, you did not build markets. You built demos that work while everyone remains friendly.
@GenLayer's answer is process, not a celebrity model. Many independent validators. Consensus on meaning, not exact wording. Appeals that can expand the panel over time. Stake so bad judgment is expensive. Optimistic Democracy with teeth, not vibes.
The industry timing is the whole point. Agents are already entering the shipping cycle. The expensive question is whether dispute resolution arrives before the first high-value mess reintroduces trusted middlemen through the back door.
If you are mapping agent infrastructure beyond wallets and messaging, put this gap next to them. Then decide whether your stack still holds when adversaries show up.
KOL Screen is live for @RobinhoodApp
Who should we add? https://t.co/NaEiId7HhW
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