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The Chopping Block: How to Improve DeFi and Cross-Chain Bridge Security - Ep.343

Author
Laura Shin
Published
Thu 21 Apr 2022
Episode Link
https://unchainedpodcast.com/the-chopping-block-how-to-improve-defi-and-cross-chain-bridge-security/

Welcome to The Chopping Block! Crypto insiders Haseeb Qureshi, Tom Schmidt, and Tarun Chitra chop it up about the latest news in the digital asset industry. On this episode, Laura Shin, the host of Unchained and author of The Cryptopians, also joined the conversation. Show topics:
how people have responded to The Cryptopians

why traditional publishers were reticent to publish the story revealing the alleged DAO attacker’s identity
what lessons can be learned from North Korea’s alleged involvement in the Ronin bridge exploit
what zero-knowledge proofs work and how a miscalculation in a whitepaper almost caused major issues in the crypto world this week
how math proofs and reporting specifications work in the crypto space
why security engineers, like samczsun, are so hard to come by
how an attacker was able to steal ~$80 million from Beanstalk in a governance attack 
@hosseeb vs. @haseeb 
the difference between being in crypto and covering it as a journalist – and why Laura sees herself as more a “referee” than a participant in the crypto space
whether DeFi hackers can actually cash out of their positions
why Tarun is worried about Ethereum’s security in the wake of the merge being delayed even further
what staking derivatives are, and how traditional are using Lido to lever up
why traditional funds getting into crypto has Tarun worried about Anchor 
why the guys think Cosmos is more popular than Polkadot

Episode Links
 
Hosts
Haseeb Qureshi, managing partner at Dragonfly Capital
https://twitter.com/hosseeb

Tom Schmidt, general partner at Dragonfly Capital
https://twitter.com/tomhschmidt

Tarun Chitra, managing partner at Robot Ventures

https://twitter.com/tarunchitra 

Laura Shin, the crypto referee

https://twitter.com/laurashin 

 
Helpful Information
North Korea’s interest in crypto: 

https://unchainedpodcast.com/why-north-korea-is-interested-in-cryptocurrency/ 

The Merge delayed

https://unchainedpodcast.com/why-ethereums-merge-was-delayed-and-why-it-wont-reduce-gas-fees-much/ 
https://bitcoinist.com/ethereum-merge-headed-for-another-delay/
https://twitter.com/korpi87/status/1513459657381068812

Beanstalk rekt for $180M
https://www.theblockcrypto.com/linked/142272/ethereum-based-stablecoin-protocol-beanstalk-loses-more-than-80-million-to-exploit
Crazy attack using flash loans to insta-ship governance proposals: https://rekt.news/beanstalk-rekt/



https://twitter.com/kelvinfichter/status/1515735718840184835 
 
The Cryptopians
 

http://bit.ly/cryptopians 
 
UST and Anchor worries
 
https://unchainedpodcast.com/heres-why-usdn-de-pegged-from-the-dollar-and-why-ust-might-too/
 
Lido and centralization
 
https://www.suresats.com/post/ethereum-s-centralization-dilemma-through-lido-staking
 
Cosmos vs. Polkadot
 

https://medium.com/coinmonks/polkadot-vs-cosmos-which-one-is-the-best-246e67b25d6c 
 
MakerDAO technical docs
 
https://docs.makerdao.com/
 
Zero-Knowledge explainer
 
https://www.notboring.co/p/zero-knowledge

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