Bankless ROLLUP: Huge Binance Exploit | David Sues the Treasury | Devcon Bogota | PayPal Censoring
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Oct 14, 2022 This episode dives into the aftermath of a major exploit on the Binance Smart Chain, raising questions about security in crypto. It also discusses a lawsuit against the Treasury, exploring its potential implications for privacy rights. DevCon highlights shine a light on new zk innovations and the tension between decentralized ideals and centralized platforms. The discussion on PayPalâs controversial terms reveals the growing concerns over censorship in finance. Brace for an engaging mix of legal battles and tech advancements shaping the crypto landscape!
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First DevCon
- David Hoffman attended his first DevCon in Bogota.
- He missed prior ones in Prague and Osaka due to cost and timing.
DevCon Focus
- DevCon, short for developers conference, focuses heavily on Ethereum protocol development.
- Discussions revolve around topics like EIP-4844, account abstraction, post-merge updates, layer 2s, and staking.
Fed Policy
- The Federal Reserve will continue raising interest rates until inflation subsides.
- This aggressive monetary policy has led to a sell-off in various markets, including crypto.
