Trust Bubble with Chris Blec

Loopring gives superpowers to Layer 2; Uniswap is not answering an important question about v3; Massive $80m admin key theft highlights issues

April 22, 2021 Episode 2
Trust Bubble with Chris Blec
Loopring gives superpowers to Layer 2; Uniswap is not answering an important question about v3; Massive $80m admin key theft highlights issues
Chapters
0:00
Intro
2:40
Layer 2 & Loopring's Ethport announcement
13:13
Unanswered question about Uniswap v3
23:55
EasyFi Network's $80m admin key theft
Trust Bubble with Chris Blec
Loopring gives superpowers to Layer 2; Uniswap is not answering an important question about v3; Massive $80m admin key theft highlights issues
Apr 22, 2021 Episode 2

Good: Loopring announced Ethport, which will give Layer 2 users the ability to interact with Layer 1 smart contracts (i.e. Yearn, Compound, Synthetix, etc) with their Layer 2 funds. Mind-blowing stuff.

Bad: Uniswap told users that their new v3 protocol would be protected by a Business Source License, prohibiting anyone from copying it, however refuses to tell the governance community who will be enforcing the license.

Ugly: EasyFi Network reported a massive $80m+ admin key theft as the result of poor security. What can we learn from this?

Other links mentioned:
Chris Blec's Uniswap Online Course (YouTube)
The Risks of Unknown Admin Key Opsec (YouTube)


Buy a Trezor hardware wallet
Have over $1000 in DeFi? Still using Metamask alone? It's time to get a Trezor hardware wallet.

Get the best rates on 1inch Exchange
Swapping tokens on ETH or BSC? 1inch Exchange consistently has the best rates of any DEX aggregator.

Disclaimer: This post contains affiliate links. If you make a purchase, I may receive a commission at no extra cost to you.

Support the show (https://cash.app/$ChrisBlec)

Show Notes Chapter Markers

Good: Loopring announced Ethport, which will give Layer 2 users the ability to interact with Layer 1 smart contracts (i.e. Yearn, Compound, Synthetix, etc) with their Layer 2 funds. Mind-blowing stuff.

Bad: Uniswap told users that their new v3 protocol would be protected by a Business Source License, prohibiting anyone from copying it, however refuses to tell the governance community who will be enforcing the license.

Ugly: EasyFi Network reported a massive $80m+ admin key theft as the result of poor security. What can we learn from this?

Other links mentioned:
Chris Blec's Uniswap Online Course (YouTube)
The Risks of Unknown Admin Key Opsec (YouTube)


Buy a Trezor hardware wallet
Have over $1000 in DeFi? Still using Metamask alone? It's time to get a Trezor hardware wallet.

Get the best rates on 1inch Exchange
Swapping tokens on ETH or BSC? 1inch Exchange consistently has the best rates of any DEX aggregator.

Disclaimer: This post contains affiliate links. If you make a purchase, I may receive a commission at no extra cost to you.

Support the show (https://cash.app/$ChrisBlec)

Intro
Layer 2 & Loopring's Ethport announcement
Unanswered question about Uniswap v3
EasyFi Network's $80m admin key theft