so-now-they’re-hacking-defi-protocols-before-they’ve-even-launched?

So Now They’re Hacking DeFi Protocols Before They’ve Even Launched?

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So Now They’re Hacking DeFi Protocols Sooner than They’ve Even Launched?

When the DeFi degens caught wind of a recent pre-release Andre Cronje project they piled in, only to web $16 million hacked away in a flash.

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This episode is subsidized by Crypto.comBitstamp and Nexo.io.

DeFi is with out doubt one of many breakout crypto courses of 2020. Indeed, yield farming and the massive game of “money legos” has been so winning that many are following every recent protocol with rapt attention. 

Right here’s your total extra genuine for initiatives graced by YFI creator Andre Cronje. So when phrase obtained out a few recent, pre-release game financial system engine known as “Eminence,” the DeFi degens took aid of the permissionless nature of DeFi to pump $16 million or so into EMN. 

What occurred next used to be arguably the first pre-release hack in DeFi’s historic past. This episode breaks down what occurred and what it means for the fledgling self-discipline.

For extra episodes and free early web admission to sooner than our odd 3 p.m. Jap time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS.

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