Crypto Critics' Corner

Binance Smart Chain is Dumb and Mango Markets, Too

Oct 19, 2022

30:18

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Highlights

AI Chapters

Episode notes

The BSC Hacker and the Mango Markets Hacker

03:25

Is It Easier to Get Away With With Crime?

01:46

We'll Throw Cryptocurrency Your Way

01:51

Introduction

2min

Blockchains and Decentralization in the Cryptocurrency Industry

2min

Do You Think the Dow Hack Will Have a Long-Term Impact on Finance?

2min

Finance Chain Fucking?

3min

Mango Markets Hack

4min

The BSC Hacker and the Mango Markets Hacker

3min

Are There Rules These Days?

2min

Is It Easier to Get Away With With Crime?

2min

How Much Dumb Money Is in Mango Markets?

2min

10.

The Y Combinator Project and Mango Markets

4min

11.

The Cryptocurrency Industry Is Exploding in Value

3min

12.

We'll Throw Cryptocurrency Your Way

2min

Today Bennett and Cas discuss two recent major cryptocurrency problems: one via Binance Smart Chain, a "DeFi" protocol built by CZ and the Binance team, that suffered a $100 million hack, and Mango Markets, a DeFi marketplace, that suffered a $100 million exploit. Another fun week in cryptocurrency.

Other resources mentioned in this episode:

Unchained Interview with CZ: https://youtu.be/J0XJesFkdl0

Chris Brunet revealing Mango Markets attacker: https://karlstack.substack.com/p/exclusive-the-man-who-may-have-milked

Bennett's newsletter about the BSC hack: https://www.getrevue.co/profile/protos/issues/cz-stopped-bsc-why-it-matters-1408029

This episode was recorded on Wednesday, October 12th and edited by Bennett Tomlin.