Crypto Tips: DeFi Hacks of 2020: Can They Recover?
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LINKS FOR ADDITIONAL READING FOR THIS VIDEO & ALL INFO IN TEXT DOWN BELOW:
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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
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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/
Additional Info
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