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The Chopping Block: How to Improve DeFi and Cross-Chain Bridge Security - Ep.343

Unchained

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Cryptocurrency Audits and Governance Challenges

This chapter examines the auditing process within the cryptocurrency sector, highlighting vulnerabilities in the Beanstalk protocol and contrasting different auditing approaches. It discusses governance mechanisms designed to mitigate risks, such as time locks, while exploring historical incidents like Maker's flash loan attacks. The conversation also covers the complexities of hacking, including the conversion of stolen funds and the challenges of laundering assets in the digital space.

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