Discussion on the Mixin Hack and its Implications for Crypto Regulation

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This chapter covers the recent hack of Mixin, a Tokyo-based company, and its impact on Japan's crypto adoption. It discusses Mixin's features, the loss of $200 million, and the growing concern over high-value exploits in the crypto space. The discussion also touches on regulatory challenges and the attention from authorities, including North Korea.

In this week's analyst table Dan and Sam are joined by Blockworks research analysts EffortCapital and 0xPibblez. They dive into the Base TVL growth, Frax V3s recent successful audit, Cosmos hub 36x return on investment, and the rise of Eclipse SVM L2. The team also dives into a round of top governance updates including, Arbitrum DAO incentives program, Maker RWA vault debt ceiling raising, and the blockworks research developed tokenomics proposal for the Atom token.

As always remember this podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice.

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Timestamps:

(00:00) Introduction

(01:21) Base TVL Growth

(05:19) “Hexens Ad”

(06:23) Frax V3 RWA Strategy

(13:32) Cosmos Hub & Neutron Shared Security Tokens

(23:58) Eclipse SVM L2 Pivot

(29:13) Mixin $200M Bridge Hack

(33:59) Arbitrum DAO Incentives Program

(41:48) Maker RWA Vault Debt Ceiling Raised

(45:00) Tokenomics Proposal for Atom

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Resources:

Base TVL Growth

https://ambcrypto.com/base-beats-solana-as-tvl-crosses-300-mln/

Frax V3 Audit

https://fraxfinancecommunity.medium.com/frax-finance-monthly-report-31-september-2023-84e963734de1

Neutron Unclaimed Tokens

https://x.com/Neutron_org/status/1705214797531451452?s=20

Mixin Network Exploit

https://blockworks.co/news/mixin-network-200m-loss-hack

Arbitrum DAO Incentives Program

https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131

Tokenomics Proposal for Atom

https://x.com/EffortCapital/status/1705239928911585700?s=20

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Disclaimer: Nothing said on 0xResearch is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Dan, Sam, and our guests may hold positions in the companies, funds, or projects discussed.