The Silent Bleed: How a 40% TVL Collapse Exposed a Governance Backdoor in Lending Protocol Splice
Hook: A 40% drop in Total Value Locked (TVL) over seven days. Splice, a...
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Fear
Market Sentiment
Raises validator limit and account abstraction
Independent validator client goes live on mainnet
Block reward reduced to 3.125 BTC
92 million ARB released
Team and early investor shares released
Block reward halving event
Improves data availability sampling efficiency
Circulating supply increases by about 2%
Bitcoin Season
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