The Chopping Block: Why Hacking The DAO Is ‘Something to Be Proud Of’? - Ep.323

Welcome to The Chopping Block! Crypto insiders Haseeb Qureshi, Tom Schmidt, and Tarun Chitra chop it up about the latest news in the digital asset industry. Show topics: their thoughts on The DAO hacker reveal the importance of The DAO and why it made Robert fall in love with crypto how the alleged attacker was found (feat. a deep dive into the Morden testnet and Wasabi) dumb DAOs: why the guys are unimpressed with DAOs seeking to purchase, among other things, the Denver Broncos and fast-food restaurants how to fix price discovery for DAO mergers and acquisitions whether Anchor’s 20% yield on UST is sustainable in light of Luna Foundation Guard’s decision to backstop its reserves with $1 billion in BTC why deploying funds from a large treasury is difficult why the BlockFi fine was not a surprise what lessons the BlockFi settlement taught crypto companies why Tarun still loves Olympus DAO and OHM how EthDenver has changed since the NFT boom   Hosts Haseeb Qureshi, managing partner at Dragonfly Capital https://twitter.com/hosseeb Tom Schmidt, general partner at Dragonfly Capital https://twitter.com/tomhschmidt Tarun Chitra, managing partner at Robot Ventures https://twitter.com/tarunchitra  Robert Leshner, founder of Compound  https://twitter.com/rleshner  Show Topics: The DAO attacker revealed https://www.forbes.com/sites/laurashin/2022/02/22/exclusive-austrian-programmer-and-ex-crypto-ceo-likely-stole-11-billion-of-ether/ DAO trying to buy the Denver Broncos https://www.buythebroncos.com/ Fries DAO https://fries.fund/ BlockFi Agrees to Pay $100 Million in Penalties and Pursue Registration of its Crypto Lending Product https://www.sec.gov/news/press-release/2022-26 Terra and UST receiving backstopped funds https://www.theblockcrypto.com/post/134871/luna-founation-guard-token-sale  OHM bonds as Vol-reduction strategy https://twitter.com/tarunchitra/status/1495807277978341385 Eth Denver https://thedefiant.io/ethdenver-scene-cryptopunks-community/    Learn more about your ad choices. Visit megaphone.fm/adchoices