3. Why Aave's Unified Pool Turned a Bridge Hack Into $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 ...
26 Huhti 9min
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
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?
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 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
Is Canton Permissionless? CEO Says Yes, but SuperValidators Need Approval
Digital Asset’s CEO faces pointed questions about Canton’s core claims and admits something surprising about the network’s architecture. ======================================================== As B...
22 Huhti 1h 26min
Strategy's Preferred Stock Is Now a Stablecoin. And DeFi Has a Security Problem.
The $290 million Kelp DAO hack, attributed to North Korea's Lazarus Group, has DeFi TVL down $13 billion in 48 hours. Do DeFi's foundational assumptions need to change? --- Heads up! If you haven’t...
22 Huhti 1h
Bits + Bips: Why Josh Lim Is Optimistic on the Dynamics He's Seeing in Bitcoin
Bitcoin's spot-led rally looks healthy on the surface. But derivatives say conviction is thin. Josh Lim from FalconX on what the market structure is actually telling you right now. --- Thank you to ...
19 Huhti 44min
