Haseeb Qureshi, managing partner of Dragonfly Capital, describes how the Lendf.me assault came about, why imBTC used to be taking into consideration about that hack and a $300,000 hack interesting Uniswap the day sooner than, and how the ERC-777 token fashioned used to be enthusiastic. He additionally recounts what came about after the assault, including messages sent to and from the hacker, how the Chinese and Western DeFi communities had a mode of responses, and how the hacker ended up returning the funds. Plus, he goes into the info of what he is aware of about why the attacker did so.

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Episode links:

Haseeb Qureshi: https://twitter.com/hosseeb

Dragonfly Capital: https://www.dcp.capital

The Block on the exploit: https://www.theblockcrypto.com/linked/62346/multicoin-capital-backed-defi-protocol-dforce-loses-25m-full-locked-price-in-an-exploit

News about dForce bringing imBTC to Lendf.me: https://medium.com/imtoken/dforce-brings-imbtc-to-defi-lending-c739b5cc0643

Extra about imBTC: https://token.im/weblog/en-us/articles/360037559114

Compound CEO Robert Leshner’s comment referring to how dForce stole Compound’s code: https://twitter.com/rleshner/build of abode/1251717261888385025?s=20

Extra on imBTC assault on Uniswap: https://defirate.com/imbtc-uniswap-hack/

Medium put up on whether or no longer or no longer the ERC-777 fashioned is guilty: https://medium.com/@provablethings/is-a-new-token-fashioned-essentially-to-blame-for-the-imbtc-uniswap-and-dforce-assaults-31c62e2bc799

The Block on the new token fashioned: https://www.theblockcrypto.com/each day/62568/ethereum-token-fashioned-initiating-finance-exploits

Larry Cermak tweet about centralized tokens: https://twitter.com/lawmaster/build of abode/1251953291891802112

Su Zhu on the hacker in all likelihood being exposed by VPN: https://twitter.com/zhusu/build of abode/1252479842261450753?s=20

Links from news recap:

https://unchainedpodcast.com/phenomenal/