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

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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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

Learn more about your ad choices. Visit megaphone.fm/adchoices