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First time sponsoring Next Block Expo
First time sponsoring Next Block Expo - and wow, it did not disappoint 🐳 Every conversation we had was genuinely great. The energy, the people, the projects... way better than we expected going in. To everyone who grabbed one of our guidebooks - best of luck building something awesome. I hope it actually helps. And if you missed it, you can still grab a free copy here: https://beawhale.io/secrets/
First time sponsoring Next Block Expo
We're sponsoring Next Block Expo
We'll be at Next Block Expo this Tuesday and Wednesday (March 24-25) in Warsaw. BeAWhale is one of the sponsors this year and we've got a booth set up. If you're going, come find us. I want to meet some of you in person instead of just reading your threads about memecoin losses. Seriously though, if you're building something in web3 and want to talk shop, grab a coffee, or just say hi, hit me up here or DM me and we'll set something up. Warsaw is about to be packed with builders.
We're sponsoring Next Block Expo
Press Release
We just got our first press release featured in AMBCrypto. Honestly? It feels good to see these conversations going public. For a long time, Web3 development has been a "black box." Agencies have been using the same tired playbook to bleed founders dry, and nobody was calling it out. I’ve watched solid ideas die because the agency relationship was toxic. Not because the tech failed, but because the partnership was designed to extract value rather than create it. I’m spilling every secret these agencies guard like gold. I want founders to know exactly what to look for before they sign, even if they never work with us. If you’re building in Web3, give this a read. It might save your project (and your fundraise). https://ambcrypto.com/beawhale-ceo-exposes-toxic-practices-of-web3-development-agencies/
Press Release
QFEX Raises $9.5M in Seed Funding
QFEX just closed a $9.5M seed round led by General Catalyst and Y Combinator, reaching a $95M valuation. Retail traders are hitting a wall. You can't build serious wealth when the stock market closes at 4 PM and legacy brokers gatekeep the best trading tools. It defeats the entire point of a digital economy. Blockchain infrastructure is finally fast enough to handle high-frequency, traditional asset trading. Investors backed QFEX because of how they executed. The founders — former quants from Citadel — didn't just pitch a whitepaper or an idea. They built a working MVP. They took crypto’s most successful invention (perpetual futures) and applied it directly to traditional assets like U.S. stocks and forex. By testing this live, they proved they could offer 24/7 trading with high leverage, completely cutting out the broker. The thing that matters is their positioning. They aren't selling a "DeFi project" to crypto insiders. They are going directly after the $100 billion traditional brokerage industry. If you are a founder building an MVP, the playbook is right here. Don't build a new tool for a tiny crypto niche. Take a proven technology, point it at a massive, outdated legacy market, and show investors exactly how you will replace the middlemen. That's why the money flowed. source: https://x.com/QFEX/status/2029491589102338403
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QFEX Raises $9.5M in Seed Funding
How Ploutos Money Lost $390,000 To A Misconfigured Oracle Exploit
3 days ago, security researchers confirmed that Ploutos Money was drained of $390,000 in crypto. They lost this money because attackers exploited a critical flaw in how the protocol works. Here's what happened: The protocol uses price oracles to set asset values. Ploutos had a misconfigured oracle that was missing critical safeguards. Attackers fed false price data, making valuable assets appear worthless. Then they exploited the bad pricing to drain collateral. If you're building on Ethereum, this is a direct threat to you. Your code can be perfectly written and still lose everything if your underlying assumptions are wrong. The lesson here is simple: Your oracle is your weakest link. If you don't validate price feeds, verify freshness, and have access controls, attackers can print fake prices. source: https://x.com/Phalcon_xyz/status/2026943448734114011
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