The success of this funding gives every holders a kyc free, uncensorable, trustless, decentralized kas/usd market.
All this without speaking about the advances in native optional privacy and covenants security features that we'll unlock during that ±1 years of dev period.
$KAS
Kaspa Dollar Seeks 5M KAS to Fund New Stablecoin
KaspaDollar (@KaspaDollar) has announced plans for a decentralized stablecoin on the Kaspa network (@kaspaunchained) $KAS.
The initiative is led by core developer @asaefstroem and targets 5 million KAS in funding. The project aims to raise the funds to cover development, independent auditing, research, and launch operations.
KaspaDollar is planning an overcollateralized stablecoin designed to reduce Kaspa DeFi's reliance on assets issued elsewhere. The team says recent developments, including the Toccata hardfork, have expanded the network's capabilities.
Contributions will be refunded if the target is not reached by January 1, 2027.
SUDO retweeted
The website will be updated in the coming days, and a whitepaper is being finalized! Stay tuned.
SUDO retweeted
Kaspa Dollar Seeks 5M KAS to Fund New Stablecoin
KaspaDollar (@KaspaDollar) has announced plans for a decentralized stablecoin on the Kaspa network (@kaspaunchained) $KAS.
The initiative is led by core developer @asaefstroem and targets 5 million KAS in funding. The project aims to raise the funds to cover development, independent auditing, research, and launch operations.
KaspaDollar is planning an overcollateralized stablecoin designed to reduce Kaspa DeFi's reliance on assets issued elsewhere. The team says recent developments, including the Toccata hardfork, have expanded the network's capabilities.
Contributions will be refunded if the target is not reached by January 1, 2027.
SUDO retweeted
🧐 Kaspa bientôt doté de son premier stablecoin décentralisé ?
Baptisé KaspaDollar, le projet vise à créer un dollar numérique surcollatéralisé et cherche à collecter 5 millions de KAS avant le 1er janvier 2027.
Tous les détails dans notre article👇
cryptoast.fr/?p=231154&utm_s…
SUDO retweeted
Vitalik is going doomer mode because he has more chance losing his acquired capital than winning the next chapter at building stuff,
He's now a guy of the crumbling past instead of a guy of the building future, his risk aversion is to leave things untouched to keep his capital and rent,
That's how you know someone is no longer on the offensive builder and researcher side, but is now in the defensive doomer and fudder side,
And it seems everyone at the Ethereum Foundation has the same mindset, because they know they're sitting on musical chairs,
Let's build the future without these retards
I am okay with Kimi 3.1 deliberately leaving out top-end offensive cyber capabilities from their training data.
Discriminating against use cases is MUCH less bad than discriminating against users. And the world does need all the time it can get to prepare, harden, check old code, (properly) formally verify new code, etc before the full weight of very powerful cyber attacks is upon us.
And if this first big wave of AI risk is not handled well, then we may well get a dystopia of highly locked down models, KYC gating on everything, highly intrusive surveillance on everything, a society where you may be a second or third or fourth-class citizen in terms of model access based on your credentials and nationality.
SUDO retweeted
I’ll lead by example. 1% of what’s needed, sent.
Who’s next?
kaspa.stream/transactions/35…
I’ll match 1% of whatever the Kaspa wallet #1 donates.
The f*cker better participate.
Make it BIG!
SUDO retweeted
Save this announcement and stay tuned, especially for those who missed the first batch of the PV Proprietary Trading Desk Development Program.
Your next opportunity is coming. Registration details and requirements will be announced soon.
Porta Vitae | Upcoming Announcement
Registration for the next batch of the PV Proprietary Trading Desk Development Program will open soon, with the program scheduled to begin in Q1 2027.
The timeline and requirements will follow the same structure as our current first batch, covering both the Macro Analyst Track and Trader Track.
We'll also be opening opportunities for additional non-trading positions as Porta Vitae continues to expand its team and prepare for the next phase of development.
Full registration details, requirements and program information will be announced soon.
More to come. We're building for the long term.
SUDO retweeted
I think in the next few months we will see the most crucial moment for $KAS, when it comes to adoption. Let's work together, for real utility.
I feel like it's controversial.
To me a Blockchain should never freeze, if a blockchain needs to freeze funds in order for me to get back my funds it makes my funds worthless.
$QUBIC is now down -82.95% on the yearly after a major sell off that happened following a recent hack within the Qubic Network.
Over 1,400 Qubic accounts worth over $1.4M was drained.
However, the assets were frozen and now Qubic is addressing this breach.
Are you bearish on $QUBIC?
#qubic #crypto #cryptohack
ALT $QUBIC CMC Information.
I'm curious to see how bad the kaspa community want a decentralized stablecoin.
This could be the start of something huge.
Today we are introducing KaspaDollar, an initiative led by core developer @asaefstroem to build the first decentralized stablecoin on the $KAS network.
The developments around @kccforum and the Toccata hardfork have considerably widened what Kaspa is capable of. Capability alone, however, does not make an ecosystem. Decentralized finance requires a unit of account that holds its value, and until Kaspa has a stablecoin of its own, every application built on it will remain dependent on assets issued elsewhere.
The design we intend to follow is the decentralized, overcollateralized stablecoin: a pattern whose security properties have been examined and tested across the industry for the better part of a decade. With the support of the core team, we consider the conditions right to bring it to Kaspa.
Realizing this requires development, an independent audit, further research, and the operational work of taking a protocol from specification to production. To fund it, we are opening a fundraiser with a target of 5,000,000 KAS.
Contributions are made directly to the fundraising address published on the website. Should the target not be reached by 1 January 2027, every contribution will be returned to the address from which it was sent.
Up until that point, this account will share the plans, details and progress of the work as it develops.
SUDO retweeted
Half the internet went offline yesterday, and almost nobody is explaining what this actually means for normal users and retail.
In less than 24 hours, 4 core pieces of the web got hit at the exact same time:
PHP (1.5 million sites vulnerable without even logging in): exploit details leaked before the patch was even out. Governments, ports, and even Wikipedia had to pull the plug on their own sites just to stay safe. Any unpatched site (e-commerce, portals, forums, backends) can now have its entire user database (emails, passwords, personal data) dumped automatically.
GitLab (a 10/10 severity bug hiding in the code since 2014): anyone self-hosting GitLab to store their app or company code is at risk of having their source code and deployment keys stolen.
LiteLLM (hacked for the second time this year): this is the "bridge" almost every AI app, AI agent, and bot uses to talk to ChatGPT or Claude. Yesterday’s update shipped with a built-in trojan that stole all saved passwords and keys the moment it was installed.
Railway paused every deployment globally: attackers breached the system storing customers' secret environment variables (.env). And here is the real nightmare for retail: a massive amount of web apps, AI agents, Telegram trading bots, crypto dashboards, and startups run on Railway and store their database passwords, API keys, and bot wallet private keys right in there.
What should you actually do today?
Empty your Telegram bot and AI Agent wallets
If you use sniper bots, Telegram trading bots, smaller web terminals, or AI agents where you deposited funds, move your money back to your personal wallet (Rabby, Phantom, or ideally a Ledger) right now. Tons of these tools run on Railway or use LiteLLM, if their databases or secret files were read yesterday, any custodial wallet generated by those bots is compromised.
Delete your Exchange API Keys (Binance, Bybit, Hyperliquid, etc.)
Have you ever connected your exchange account or Hyperliquid (via API keys or Agent Wallets) to an external copy-trading platform, trading journal, AI bot, or alert tool? Go to your exchange and revoke/regenerate those keys immediately. If that service's backend was on Railway or used LiteLLM, your API keys might already be in the attackers' hands.
Clean up permissions on @RevokeCash and be careful what you sign
If a crypto project got its GitLab or Railway breached, attackers can silently push malicious updates to the official website (frontend hijack) or abuse exposed admin keys. Avoid signing transactions on smaller dApps today unless strictly necessary, and clear out old approvals on @RevokeCash.
Fix your email and password hygiene (for real this time) With 1.5 million PHP sites exposed, massive database dumps of emails and passwords from thousands of regular websites, online stores, and old forums are going to leak over the next few days. If you still reuse the same password across multiple sites, they will get into everything:
use unique passwords for every site
delete old accounts from sites and forums you no longer use (or use a data-removal tool)
most importantly: never use the same email you use to sign up for random websites/forums for your exchanges or financial accounts. Keep a separate, locked-down email (with Passkeys or app-based 2FA, never SMS) strictly for your money.