Discover this podcast and so much more

Podcasts are free to enjoy without a subscription. We also offer ebooks, audiobooks, and so much more for just $11.99/month.

Is It Exploitation Season for DeFi?

Is It Exploitation Season for DeFi?

FromThe Breakdown


Is It Exploitation Season for DeFi?

FromThe Breakdown

ratings:
Length:
18 minutes
Released:
Feb 18, 2020
Format:
Podcast episode

Description

Part of what makes DeFi interesting to people is how it takes advantage of open source protocols to enable types of transactions never before available. The problem, however, is that financial structures mean new financial vulnerabilities.  In the last few days, two attacks on bZx have used a similar strategy of manipulating the price of synthetic assets in the context of a new instrument called “flashloans.” On this episode of @nlw breaks down exactly  How the attacks were carried out  How the community is responding  What the larger ramifications for DeFi might be
Released:
Feb 18, 2020
Format:
Podcast episode

Titles in the series (100)

A daily analysis of macroeconomics, bitcoin, geopolitics and big picture power shifts, hosted by Nathaniel Whittemore @nlw. The Breakdown is part of The Breakdown Network.