Loopring gives superpowers to Layer 2; Uniswap is not answering an important question about v3; Massive $80m admin key theft highlights issues

Trust Bubble with Chris Blec

English - April 22, 2021 09:00 - 36 minutes - 25.1 MB - ★★★★★ - 2 ratings
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Previous Episode: BadgerDAO's guarded release, apeing into FEI and losing, Consensys sending ominous signals

Next Episode: THORchain launches cross-chain swaps; Polygon has an admin key; Another crypto heist on BSC

Good: Loopring announced Ethport, which will give Layer 2 users the ability to interact with Layer 1 smart contracts (i.e. Yearn, Compound, Synthetix, etc) with their Layer 2 funds. Mind-blowing stuff.

Bad: Uniswap told users that their new v3 protocol would be protected by a Business Source License, prohibiting anyone from copying it, however refuses to tell the governance community who will be enforcing the license.

Ugly: EasyFi Network reported a massive $80m+ admin key theft as the result of poor security. What can we learn from this?

Other links mentioned:
Chris Blec's Uniswap Online Course (YouTube)
The Risks of Unknown Admin Key Opsec (YouTube)

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