EPISODE · Dec 3, 2021 · 6 MIN
The MonoX hack explained in simple terms
from BlockchainGandalf · host Keir Finlow-Bates
Have you ever lost 31 million dollars because you didn't think someone would do something both stupid and brilliant? That's what happened to the DeFi protocol MonoX a couple of days ago. In this video I explain, through the use of an analogy (that anyone who has ever bought a bag of potatoes can understand, or indeed Samson Williams) how an eight figure sum was lost to a hacker who thought like a test engineer rather than a software developer. DeFi - it's the gift that keeps on giving. Unfortunately, not to the people you want it to be giving to.
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The MonoX hack explained in simple terms
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