Haseeb Qureshi on the Unbelievable Story of the $25 Million Lendf.me Hack

Free Bitcoins: FreeBitcoin | BonusBitcoin

Coins Kaufen: Bitcoin.deAnycoinDirektCoinbaseCoinMama (mit Kreditkarte)Paxfull

Handelsplätze / Börsen: Bitcoin.de | KuCoinBinanceBitMexBitpandaeToro

Lending / Zinsen erhalten: Celsius NetworkCoinlend (Bot)

Cloud Mining: HashflareGenesis MiningIQ Mining


Haseeb Qureshi, managing partner of Dragonfly Capital, describes how the Lendf.me attack happened, why imBTC was involved in that hack and a $300,000 hack involving Uniswap the day before, and how the ERC-777 token standard was involved. He also recounts what happened after the attack, including messages sent to and from the hacker, how the Chinese and Western DeFi communities had different responses, and how the hacker ended up returning the funds. Plus, he goes into the details of what he knows about why the attacker did so. 

|bcd2175865975a02270346991f44b1a6|

Crypto.com: https://crypto.com

|77053cfd726288e18d5839c7b6446545|

Haseeb Qureshi: https://twitter.com/hosseeb

Dragonfly Capital: https://www.dcp.capital

The Block on the exploit: https://www.theblockcrypto.com/linked/62346/multicoin-capital-backed-defi-protocol-dforce-loses-25m-total-locked-value-in-an-exploit 

News about dForce bringing imBTC to Lendf.me: https://medium.com/imtoken/dforce-brings-imbtc-to-defi-lending-c739b5cc0643

More about imBTC: https://token.im/blog/en-us/articles/360037559114 

Compound CEO Robert Leshner’s comment referring to how dForce stole Compound’s code: https://twitter.com/rleshner/status/1251717261888385025?s=20

More on imBTC attack on Uniswap: https://defirate.com/imbtc-uniswap-hack/

Medium post on whether or not the ERC-777 standard is to blame: https://medium.com/@provablethings/is-a-new-token-standard-really-to-blame-for-the-imbtc-uniswap-and-dforce-attacks-31c62e2bc799 

The Block on the new token standard: https://www.theblockcrypto.com/daily/62568/ethereum-token-standard-open-finance-exploits

Larry Cermak tweet about centralized tokens: https://twitter.com/lawmaster/status/1251953291891802112

Su Zhu on the hacker perhaps being exposed via VPN: https://twitter.com/zhusu/status/1252479842261450753?s=20 

Links from news recap:

https://unchainedpodcast.com/unbelievable/

 



Free Bitcoins: FreeBitcoin | BonusBitcoin

Coins Kaufen: Bitcoin.deAnycoinDirektCoinbaseCoinMama (mit Kreditkarte)Paxfull

Handelsplätze / Börsen: Bitcoin.de | KuCoinBinanceBitMexBitpandaeToro

Lending / Zinsen erhalten: Celsius NetworkCoinlend (Bot)

Cloud Mining: HashflareGenesis MiningIQ Mining

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close