The blocmates Podcast MEXC in Trouble, Balancer Is Exploited/Berachain Responds and Bread Gives MegaETH Exclusive
Nov 6, 2025
Bread, the CMO of MegaETH, dives deep into the world of DeFi, discussing the recent MEXC fund freeze and the Balancer hack's impact on the industry. He shares insights on MegaETH's upcoming launch strategy and the success of their ICO. Bread also reveals the mechanics behind their allocation system, emphasizing community contributions. He explores the Mega Mafia accelerator's role in building a thriving ecosystem and addresses the UX challenges faced by high-performance chains. Tune in for a mix of crypto drama and innovation!
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AI And Blockchain Will Eventually Merge
- Bread argues blockchain and AI will merge because AI provides abundance and blockchain provides verifiability.
- He sees long-term value and remains a builder despite market cycles.
DeFi Composability Is A Single-Point Risk
- The Balancer V2 exploit exposed how deeply composable DeFi is and how a single broken piece affects many protocols.
- Old, widely reused contracts are systemic risk due to age and interconnection.
Pause Chains To Protect Funds When Necessary
- Pausing a validator set can be justified to protect user funds despite decentralization trade-offs.
- Prepare contingency plans because trade-offs are inevitable when protecting consumers.