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Laura Shin
@laurashin
Crypto journalist ๐ŸŽง Host @unchained_pod ๐Ÿ“š Author, The Cryptopians ๐Ÿ’Œ Sign up Ads sponsorships@unchainedcrypto.com
Joined March 2009
5.4K Following    285.2K Followers
Another week, another DeFi exploit ๐Ÿซ  @omeragoldberg joined me to unpack the Drift Protocol hack: โ‰๏ธ What went wrong? ๐Ÿ‘€ How the attack resembles the Mango DAO and Resolv exploits ๐Ÿค” Why was Circle so slow to react? โš ๏ธAre North Korean state actors behind the attack? Timestamps: ๐Ÿš€ 0:00 Introduction ๐Ÿฅถ 0:54 Why the Drift Protocol hack is so chilling โ‰๏ธ 4:32 Was the admin key set up to blame? Or Was it a supply chain attack? ๐Ÿ“ 9:17 How the attack is reminiscent of the Mango DAO and Resolv exploits ๐Ÿ˜ฌ 14:09 How a Solana feature allowed Drift's hackers to lie in wait without triggering alarms โŒ๏ธ 19:55 How Drift Protocol failed to implement best practices ๐Ÿฆ 24:53 Who else has been impacted by the Drift Protocol exploit? ๐Ÿค” 27:50 Should Circle have acted faster to freeze the loot? โš ๏ธ 31:20 Why Omer thinks the Drift Protocol exploit has North Korea written all over it ๐Ÿ“ 34:34 Why Omer says the incident calls for better DeFi disclosures and audits
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