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