ROLLUP: Curve Exploit | BASE Memecoins | Richard Heart vs SEC
Bankless
Curve Finance Hack and the DeFi Fallout
This chapter highlights a major hack on Curve Finance, caused by a vulnerability in the Viper coding language, leading to a loss of $70 million. It discusses the precarious position of the founder, who borrowed heavily against Curve tokens, and the implications for the DeFi ecosystem following various liquidity incidents. Additionally, it explores the rise and fall of the Bald Token and a controversial meme coin on the Base blockchain, underlining the speculative nature of the current crypto landscape.
Bankless Weekly Rollup First Week of August, 2023
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------ TIMESTAMPS
0:00 Intro 3:40 MARKETS 5:45 25m ETH Staked https://twitter.com/ultrasoundmoney/status/1686670146427813888 6:40 US Debt Crisis https://twitter.com/stackhodler/status/1686276924773982208 https://www.cnbc.com/2023/08/01/fitch-downgrades-us-long-term-ratings-to-aa-from-aaa.html https://twitter.com/LukeGromen/status/1686516760680214528 https://www.linkedin.com/pulse/whats-happening-economy-great-wealth-transfer-ray-dalio/ 16:10 Tether T-Bills https://twitter.com/paoloardoino/status/1685993811774738432 https://twitter.com/collins_belton/status/1686084175697211392?s=20
20:00 Curve Exploit https://twitter.com/CurveFinance/status/1685693202722848768 https://twitter.com/BanklessHQ/status/1685829565158162432 https://twitter.com/BanklessHQ/status/1685829579334938624?s=20 https://twitter.com/autismcapital/status/1686251750632853504 https://twitter.com/DefiIgnas/status/1686323974563909632?s=20 https://twitter.com/MilkRoadDaily/status/1686422244594012179?s=20 Learn More: https://twitter.com/BanklessHQ/status/1686190496019017730?s=20 https://www.youtube.com/live/I1bVLQdUkMw
24:20 BASE Mainnet Launch https://twitter.com/coinbase/status/1687087044579966976 https://twitter.com/MacnBTC/status/1685589663963078656?s=20 https://pbs.twimg.com/media/F2XvGTsXwAAm9SW https://twitter.com/notEezzy/status/1685994199819190272?s=20 29:00 SBF Conspiracy Theory https://twitter.com/hype_eth/status/1686126115947941890 https://twitter.com/ryansadams/status/1686148330139639808 https://twitter.com/FrankResearcher/status/1686184372485976065?s=20 32:00 Passing Arbitrum https://twitter.com/TheDeFinvestor/status/1685962819051675648 https://twitter.com/westiecapital/status/1686417439372812288 https://twitter.com/sassal0x/status/1686194472689000448
34:55 SEC Sues Richard Heart https://twitter.com/SECGov/status/1686042971190272000?s=20 https://www.sec.gov/news/press-release/2023-143 https://imgur.com/saLUKNd https://twitter.com/TrustlessState/status/1686687165575520256?s=20 https://twitter.com/ercwl/status/1686491323908452353?s=20 37:20 Uniswap Delisting HEX? https://coinmarketcap.com/headlines/news/uniswap-delists-hex-token/
45:00 3AC No Longer US Citizens https://www.theblock.co/post/242675/3ac-co-founder-says-us-court-can-no-longer-tell-him-what-to-do 46:30 Justice…? https://twitter.com/TrustlessState/status/1687086457075236864?s=20 48:20 Richard Heart Documentary https://twitter.com/ercwl/status/1686491323908452353?s=20
51:15 Binance vs DOJ https://www.semafor.com/article/08/02/2023/us-prosecutors-worry-binance-charges-could-cause-run-on-exchange https://twitter.com/cz_binance/status/1686757050464813056?s=20 https://twitter.com/NoelleInMadrid/status/1686808699904344082 54:24 Ethereum’s Birthday and Futures https://twitter.com/LefterisJP/status/1685577856502382592?s=20 https://twitter.com/RyanSAdams/status/1685672504616968192?s=20 https://twitter.com/EricBalchunas/status/1686510111123030016 https://twitter.com/DegenSpartan/status/1686563092061462528 57:30 EIP1559 https://twitter.com/ultrasoundmoney/status/1686419775868620820 https://dune.com/arixon/mev-burn 59:10 MetaMask Staking MATIC https://twitter.com/metamask/status/1684263257450610697 1:00:55 EIP 6968 https://twitter.com/owocki/status/1683916090831937538 1:03:22 Celo Temp Check https://twitter.com/marek_/status/1685982906655662081?s=20 1:03:50 Worldcoin Contd https://twitter.com/ercwl/status/1684939802083282944?s=46 https://twitter.com/koeppelmann/status/1686318014034026496?s=46 1:06:50 Microstrategy BTC https://twitter.com/stackhodler/status/1686633880051200000 1:07:50 DCG Bankruptcy Agreement https://www.theblock.co/post/242350/dcg-says-its-close-to-reaching-agreement-on-genesis-chapter-11-appoints-new-cfo
1:10:00 Questions from the Nation
1:16:45 Important to Internalize https://twitter.com/pythianism/status/1684981202275667968 1:19:45 Bull Market Starting https://twitter.com/TrustlessState/status/1686671529768079360?s=20
1:20:00 What David’s Bullish On 1:25:00 What Ryan’s Bullish On https://twitter.com/ryansadams/status/1686428210991419402
1:27:15 Vitalik’s Take
1:28:45 MEME of the Week https://twitter.com/pseudotheos/status/1685743250127433728
------ Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures
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