The Chopping Block: Curve Crisis Concludes With a Whimper, PayPals PYUSD Raises New Questions - Ep. 529

Published: Aug. 10, 2023, 11 a.m.

b'Welcome to The Chopping Block \\u2013 where crypto insiders Haseeb Qureshi, Tom Schmidt, Tarun Chitra, and Robert Leshner chop it up about the latest news. This week, a quiet conclusion to that Curve thing everyone was animated about. Plus, major developments from Web2 giant PayPal as it continues its journey down the crypto rabbithole. Also, is Maker\\u2019s juiced DAI Savings Rate the new Anchor? The gang discusses.\\n\\nListen to the episode on Apple Podcasts, Spotify, Overcast, Podcast Addict, Pocket Casts, Stitcher, Castbox, Google Podcasts, TuneIn, Amazon Music, or on your favorite podcast platform.\\n\\nShow highlights:\\xa0\\n\\nhow The Chopping Block got that sweet, sweet Red Bull money\\n\\nwhat to make of the Curve hacker\\u2019s message after they returned the funds\\n\\ndoes Curve trying to dox the hacker proves that Arkham\\u2019s model is right?\\n\\nthe lessons from the Curve situation and whether DeFi needs to change\\n\\nhow DeFi protocols could prevent situations where a single entity holds a significant percentage of a token\\u2019s total supply\\n\\nhow the enhanced DAI Savings Rate triggered PTSD from other stablecoins (ahem, Anchor)\\n\\nwhat the consequences are of increasing the DSR\\n\\nthe gang\\u2019s prediction on how much PYUSD will be minted by the end of 2023\\n\\n\\nHosts\\n\\n\\nHaseeb Qureshi, managing partner at Dragonfly\\xa0\\n\\n\\nRobert Leshner, founder of Compound\\n\\n\\nTom Schmidt, general partner at Dragonfly\\xa0\\n\\n\\nTarun Chitra, managing partner at Robot Ventures\\n\\n\\nDisclosures\\nLinks\\n\\nUnchained:\\xa0\\n\\n$52 Million Drained in Curve Finance Pools Exploit\\n\\nCurve Founder\\u2019s Liquidation Could Trigger Chaos for DeFi\\n\\nCurve Exploit Results in Largest MEV Block Rewards in Ethereum\\u2019s History\\n\\nPayPal Launches PYUSD Stablecoin Built on Ethereum\\n\\nMakerDAO\\u2019s Spark Protocol Blocks VPN Users\\n\\nCurve Opens $1.85 Million Bounty to Identify Hacker\\xa0\\n\\n\\xa0\\xa0\\xa0\\nLearn more about your ad choices. Visit megaphone.fm/adchoices'