Crypto Tips: DeFi Hacks of 2020: Can They Recover?

  • Thursday, 23 July 2020 20:14
Sign Up Here for the CT Club! https://patreon.com/cryptotips Get My Free Newsletter: https://learningcrypto.com Twitter: https://twitter.com/blockchainchick Instagram: https://www.instagram.com/realcryptotips/ LBRY: https://lbry.tv/@Crypto-Tips:b Interested in Ledger hardware wallets and want to support this channel? Use my affiliate link here: https://shop.ledger.com/pages/ledger-nano-x?r=67ef LINKS FOR ADDITIONAL READING FOR THIS VIDEO & ALL INFO IN TEXT DOWN BELOW: ________________________________ VIDEO SUGGESTIONS: Yield Farming and Liquidity Pools: https://youtu.be/tXFb7v1EDwY Additional Explainer Video on Liquidity pools: https://www.youtube.com/watch?v=cizLhxSKrAc Chainlink Oracle: https://youtu.be/CxbtHcY44H0 ___________________________________ Ethereum Token Standards: https://coincodex.com/article/2129/ethereum-token-standards-erc20-erc721-erc223-and-more/ In-depth Analysis of Balancer hack: https://medium.com/@peckshield/balancer-hacks-root-cause-and-loss-analysis-4916f7f0fff5 In-depth analysis of bZx hack: https://medium.com/@peckshield/bzx-hack-full-disclosure-with-detailed-profit-analysis-e6b1fa9b18fc In-depth analysis of Uniswap and Lendfme hack: https://medium.com/@peckshield/uniswap-lendf-me-hacks-root-cause-and-loss-analysis-50f3263dcc09 More on Uniswap Hack: https://defirate.com/imbtc-uniswap-hack/ dForce Hack: https://www.coindesk.com/attacker-drains-decentralized-protocol-dforce-of-25m-in-weekend-attack Remedies? Balancer: https://forum.balancer.finance/t/capfactor-capping-eligible-liquidity-to-10m-per-token/56 Uniswap: https://uniswap.org/blog/uniswap-v2/ bZx: https://bzx.network/blog/chainlink-oracles dForce: https://medium.com/dforcenet/dforce-ecosystem-update-april-2020-f2f620cfe5ed Reimbursments: Balancer: https://medium.com/balancer-protocol/update-2-incident-with-non-standard-erc20-deflationary-tokens-f3a7cedf6292 bZx: https://bzx.network/blog/postmortem-ethdenver dForce/Lendfme: https://medium.com/dforcenet/lendf-me-hack-resolution-part-i-asset-redistribution-plan-9cefee49f209 Hacks of Centralized Exchanges YTD: https://gomedici.com/39-cryptocurrency-hacks-1-93-billion-loss-over-5-years Centralized Exchanges Losses Due to Hacks in 2019: https://dailyhodl.com/2020/01/23/hackers-stole-282617000-in-cryptocurrency-from-exchanges-in-2019-according-to-new-report/

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