ROLLUP: Merge Alpha | Optimism Token?! | Ethereum Foundation Report | Coinbase NFT Beta | Beanstalk Exploit
Bankless
Crypto Vulnerabilities and Exploits
This chapter details a major security vulnerability in the MetaMask wallet that led to a $655,000 loss due to compromised private keys and warns users against iCloud backups. It also covers the exploit of the BEAN stablecoin, where $80 million was lost through a flash loan attack, illustrating the risks tied to decentralized finance. The discussion further examines the involvement of North Korea in crypto crimes and the implications for blockchain security.
3rd Week of April, 2022
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------ Topics Covered:
0:00 Intro
5:50 MARKETS 5:54 BTC Price 6:43 ETH Price 7:05 Ratios, BED, Gas https://www.indexcoop.com/bed 7:39 Total Crypto Market Cap https://www.coingecko.com/en/global_charts 8:13 Dollar Strong? DXY https://imgur.com/nTyNBTR 10:10 Crypto Correction Incoming? https://cryptohayes.medium.com/the-q-trap-f1a38312f00f 12:55 6 Signs Optimism Token is Coming https://twitter.com/optimismPBC/status/1516439426330599428 https://twitter.com/optimismPBC/status/1516767142720331777 15:45 Price Page for Optimism?! https://www.theblockcrypto.com/linked/142651/coinbase-shows-price-page-for-optimism-suggesting-a-token-could-be-on-the-way 18:35 UST: Crypto’s 3rd-Largest Stablecoin https://decrypt.co/98069/terra-stablecoin-ust-crypto-third-largest 19:19 Share of NFT Market https://imgur.com/e8paHhK https://www.sfermionresearch.com/research/a93zqom4t8df05icmjba1y43fpvoi3
23:15 RELEASES 24:00 SNEAK PEAK: Coinbase NFT Marketplace is Here (Beta) https://blog.coinbase.com/gm-coinbase-nft-is-now-in-beta- 25e6c052aa43 https://nft.coinbase.com/discover 26:30 Powered by 0x https://www.theblockcrypto.com/post/142684/coinbase-nft-marketplace-beta-launch https://www.coingecko.com/en/coins/0x 27:50 Ethereum Foundation Report https://twitter.com/AyaMiyagotchi/status/1515949698779164672 https://ethereum.foundation/report-2022-04.pdf 28:40 80% of Treasury Holdings https://thedefiant.io/ethereum-foundation-treasury/ 30:40 $JPG NFT Index from Index Coop https://twitter.com/indexcoop/status/1516780112443633667 31:40 Volt Protocol April 22, 2022 https://medium.com/volt-protocol/presenting-volt-f0ea2a38eb2e 34:15 Bankless Spring Calendar https://twitter.com/BanklessHQ/status/1516890191989936130
35:50 RAISES The Sandbox $400M - $4B Valuation https://www.theblockcrypto.com/linked/142466/the-sandbox-gears-up-to-raise-400-million-at-a-4-billion-valuation-report Framework Ventures $400M Blockchain Gaming Fund https://www.theblockcrypto.com/linked/142512/framework-ventures-unveils-400-million-fund-with-a-special-focus-on-blockchain-gaming Indian Crypto Exchange - CoinDCX $135M at $2.15B https://techcrunch.com/2022/04/18/indian-crypto-exchange-coindcx-tops-2-1-billion-valuation-in-new-135-million-funding/ EPNS $131M Series A https://twitter.com/epnsproject/status/1514605465530818567 Kevin O’Leary’s WonderFi Acquires Coinberry https://decrypt.co/98122/kevin-oleary-backed-defi-platform-wonderfi-to-acquire-coinberry-for-38m
37:35 JOBS https://pallet.xyz/list/bankless/jobs
39:45 NEWS 39:50 MetaMask 39:55 NFTs Getting Stolen Too https://www.theblockcrypto.com/post/142304/metamask-advises-users-to-disable-automatic-icloud-backups-of-its-wallet-data-to-prevent-hacks 40:00 Do This NOW! https://twitter.com/MetaMask/status/1515727239391809536 41:30 Beanstalk Exploit https://www.coingecko.com/en/coins/bean 44:50 North Korea hacked Ronin https://blockworks.co/fbi-says-north-korea-behind-625m-ronin-hack/ 47:00 ETH MakerDAO ETH L2 StarkNet Integration https://www.theblockcrypto.com/post/142641/makerdao-starknet-integration-ethereum-layer-2 47:22 NFTs 47:25 Punk 6529’s OM https://twitter.com/punk6529/status/1514718020849000461 50:15 Warner Music Group Partners with POAP https://www.prnewswire.com/news-releases/warner-music-group-partners-with-leading-web3-protocol-poap-inc-to-mint-shared-memories-as-nfts-301525635.html 52:05 NFT Influencer Shill List https://twitter.com/zachxbt/status/1516129830873583617 53:00 DeFi 53:05 Compound Ditch Yield Farmers Proposal? https://thedefiant.io/compound-incentive-overhaul/ 55:55 World 55:56 Crypto funding military defense… https://twitter.com/FedorovMykhailo/status/1515610384811626497
59:00 TAKES 59:30 Make Your Friends & Family Worry https://twitter.com/ljin18/status/1516884317200396288 1:01:30 Andre Cronje Culture https://www.theblockcrypto.com/post/142299/andre-cronje-crypto-culture-has-strangled-crypto-ethos 1:04:00 Welcome to Clown World https://twitter.com/Tree_of_Alpha/status/1515967463892168705 1:04:30 Mfers New Money Printer https://twitter.com/sartoshi_nft/status/1516680193842294787 https://twitter.com/TrustlessState/status/1517142456218750982 1:06:30 Spicy L222 https://twitter.com/TrustlessState/status/1516345954768666625
1:06:35 What David’s Excited About 1:14:30 What Ryan’s Excited About
1:22:20 MEME of the Week https://twitter.com/stusim/status/1514641617369640960
1:23:20 Closing & Disclaimers
----- Not financial or tax advice. See our investment disclosures here: https://newsletter.banklesshq.com/p/bankless-disclosures
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