The $611 Million Cryptocurrency Hack (Explained by an Expert)

Episode 6 of the Doug Polk Podcast podcast, hosted by Doug Polk, titled "The $611 Million Cryptocurrency Hack (Explained by an Expert)" was published on August 13, 2021 and runs 51 minutes.

August 13, 2021 ·51m · Doug Polk Podcast

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Summary

Ethereum developer Mudit Gupta joins Doug Polk to talk about what really went down with the biggest DeFi hack in the history of cryptocurrency. 0:38 Mudit joins 1:54 Rundown of the hack 8:09 Did this hack use a new strategy? 14:25 Are DeFi projects really decentralized? 21:11 Bridges/Multi-blockchain 28:52 Should we be concerned about the hack? 33:35 Did the hacker dox himself? 41:14 Hackers plans, how much money will he keep? 47:30 Mudit's fin...

Episode Description

Ethereum developer Mudit Gupta joins Doug Polk to talk about what really went down with the biggest DeFi hack in the history of cryptocurrency.

0:38 Mudit joins
1:54 Rundown of the hack
8:09 Did this hack use a new strategy?
14:25 Are DeFi projects really decentralized?
21:11 Bridges/Multi-blockchain
28:52 Should we be concerned about the hack?
33:35 Did the hacker dox himself?
41:14 Hackers plans, how much money will he keep?
47:30 Mudit's final thoughts
50:50 Outro

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