The DAO’s Unclaimed ETH Becomes a $220M Ethereum Security Fund
Unchained29 Tammi

The DAO’s Unclaimed ETH Becomes a $220M Ethereum Security Fund

Thank you to our sponsor, Walrus! Walrus is where the world’s data becomes reliable, valuable, and governable. --- In this exclusive Unchained interview, Griff Green, one of the original DAO curators and a member of the White Hat Group that helped recover funds after the 2016 DAO hack, reveals how tens of thousands of unclaimed ETH are being transformed into a long-term security fund for the Ethereum ecosystem. Nearly ten years after the most infamous exploit in crypto history, the community is repurposing its leftovers, not to rewrite history, but to prevent it from repeating itself. The new DAO Security Fund will deploy grants for Ethereum security research, infrastructure, incident response, and user protection, while also reviving DAO-based governance experiments that have fallen out of favor. Griff explains how the fund will work, why the Ethereum Foundation is involved, how staking will generate sustainable funding, and why, despite Ethereum’s strength, crypto still isn't safe enough for everyday users. Guests: Griff Green, Co-Founder at Giveth, q/acc & Unicorn.eth Learn more about your ad choices. Visit megaphone.fm/adchoices

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How Microsoft Won the OpenAI Fight as Markets Rally on Iran

How Microsoft Won the OpenAI Fight as Markets Rally on Iran

One side wins the OpenAI-Microsoft divorce, Ram calls a 19% earnings growth year 'bananas,' and Chris wants the US to hack back against DeFi exploiters. Here is the full rundown. --- Heads up! If y...

29 Huhti 57min

How Microsoft Won in Its Revised Deal With OpenAI

How Microsoft Won in Its Revised Deal With OpenAI

Microsoft restructured its agreement with OpenAI, and Ram Ahluwalia has a clear verdict: Microsoft won.  In this segment from Bits + Bips, Ram explains the three things Microsoft secured from the new...

29 Huhti 3min

How Morpho Survived a $300M DeFi Hack With Only $1M Exposure

How Morpho Survived a $300M DeFi Hack With Only $1M Exposure

People think of Aave and Morpho as competitors. But Morpho only lost $1 million when North Korea drained $300M from a DeFi protocol. The architecture explains why. ===================================...

29 Huhti 37min

Bits + Bips: How the Kelp rsETH Hack Left Aave With $193M in Bad Debt

Bits + Bips: How the Kelp rsETH Hack Left Aave With $193M in Bad Debt

Luke Leasure and Shaunda Devens of Blockworks Research explain how three compounding failures, Kelp's one-of-one bridge signer, Layer Zero's permissive default settings, and Aave's failure to flag it ...

28 Huhti 9min

Arbitrum Froze $70M From North Korea? Griff Green on the Decision + Miguel Morel on the Hack

Arbitrum Froze $70M From North Korea? Griff Green on the Decision + Miguel Morel on the Hack

KelpDAO’s hackers left telltale signs pointing to one culprit, North Korea. Then, in a surprise move, the Arbitrum Security Council decided to fight back. ============================================...

26 Huhti 1h 7min

Did Arbitrum Violate DRPK's Property Rights? No, Because It Wasn't Their Property

Did Arbitrum Violate DRPK's Property Rights? No, Because It Wasn't Their Property

The $300M KelpDAO exploit became a watershed moment for DeFi, and the Arbitrum Security Council voted froze $70M worth of stolen funds. Is this a slippery slope or learning from history? Thank you...

24 Huhti 1h 20min

DEX in the City: KelpDAO vs. LayerZero: Who Is Liable When a DeFi Protocol Is Hacked?

DEX in the City: KelpDAO vs. LayerZero: Who Is Liable When a DeFi Protocol Is Hacked?

A $300M bridge exploit is forcing the question DeFi has been avoiding: when users lose money, who is actually responsible — the protocol, the infrastructure provider, or both? Thanks to our sponsor...

24 Huhti 47min

The Chopping Block: Kelp DAO Hack Fallout, DeFi Socialized Losses & Arbitrum’s “Reverse Hack”

The Chopping Block: Kelp DAO Hack Fallout, DeFi Socialized Losses & Arbitrum’s “Reverse Hack”

The Chopping Block crew and guest Monet Supply break down the $200M Kelp DAO bridge exploit, finger-pointing between LayerZero, Kelp DAO, and Aave, the wild “reverse hack” Arbitrum bailout, and what i...

23 Huhti 1h 1min

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