Lev Livnev, a proper verification researcher at dapp.org and a founding accomplice at Symbolic Capital Companions, talks in regards to the two assaults on bZx within the final week. He describes what the attackers did, why he thinks flash lending will not be the offender and the way a lot he thinks bZx is in charge. Plus, we discuss what this implies for DeFi generally and the place the area goes from right here.
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Episode hyperlinks:
Lev Livnev: https://lev.liv.nev.org.uk
CoinDesk clarification of each assaults: https://www.coindesk.com/everything-you-ever-wanted-to-know-about-the-defi-flash-loan-attack
The primary assault: https://www.palkeo.com/en/projets/ethereum/bzx.html
https://www.coindesk.com/exploit-during-ethdenver-reveals-experimental-nature-of-decentralized-finance
Peckshield evaluation on the hack step-by-step: https://medium.com/@peckshield/bzx-hack-full-disclosure-with-detailed-profit-analysis-e6b1fa9b18fc
BZx’s autopsy on the primary assault: https://bzx.community/weblog/postmortem-ethdenver
Unchained interview with Compound: https://unchainedpodcast.com/how-youll-earn-interest-on-your-crypto-with-compound-ep-82/
Unchained interview with dYdX: https://unchainedpodcast.com/how-dydx-allows-you-to-take-a-short-position-in-one-token-ep-86/
Unconfirmed interview with Uniswap: https://unchainedpodcast.com/how-uniswap-quickly-became-one-of-the-most-popular-dexes/
The second assault: https://www.theblockcrypto.com/submit/56207/bzx-attacked-again-645k-in-eth-estimated-to-be-lost
Sam Czsun weblog submit: https://samczsun.com/taking-undercollateralized-loans-for-fun-and-for-profit/
What all this implies for bZx: https://www.theblockcrypto.com/genesis/56330/money-2-0-stuff-unus-sed-bzx
Unchained interview with Synthetix: https://unchainedpodcast.com/how-synthetix-became-the-second-largest-defi-platform/
Hyperlinks from information recap:
https://unchainedpodcast.com/omg-bzx-wth/