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Welcome to The Chopping Block! Crypto insiders Haseeb Qureshi, Tom Schmidt, Tarun Chitra, and Robert Leshner chop it up about the latest news in the digital asset industry. Show topics:\n how social engineering was used in the $600 million+ Ronin bridge hack\n what bridge infrastructure needs to be built (note: if someone wants to build a cross-chain Etherscan, it sounds like Tarun would fund it)\n why the Inverse Finance hack impressed Tom\n how Open Zeppelin found and patched a $15 billion vulnerability for Convex Finance\n why transitioning to token governance might be an issue for Convex\n what made USDN de-peg\n why Tarun think algorithmic stablecoin creators are a little crazy\n the elegance of the Bitcoin whitepaper\n what their biggest takeaways from Elon Musk\u2019s purchase of Twitter are\n why Tarun thinks FTX investing in IEX is actually a huge deal\n \xa0\n Hosts\n Haseeb Qureshi, managing partner at Dragonfly Capital\n https://twitter.com/hosseeb\n \n Tom Schmidt, general partner at Dragonfly Capital\n https://twitter.com/tomhschmidt\n \n Tarun Chitra, managing partner at Robot Ventures\n \nhttps://twitter.com/tarunchitra\xa0\n \n Robert Leshner, founder of Compound\xa0\n \nhttps://twitter.com/rleshner\xa0\n \n \n Topics Covered\n Ronin hack\n https://www.bloomberg.com/news/articles/2022-03-29/hackers-steal-590-million-from-ronin-in-latest-bridge-attack\n https://decrypt.co/96811/nearly-7m-hacked-ronin-funds-sent-privacy-mixer-tornado-cash\n https://roninblockchain.substack.com/p/community-alert-ronin-validators?s=w\n \n More hacks: Inverse Finance, Convex Rugpull disclosure\n https://www.coindesk.com/tech/2022/04/02/defi-lender-inverse-finance-exploited-for-156-million/\n https://twitter.com/bertcmiller/status/1510284763332071427\n https://blog.openzeppelin.com/15-billion-rugpull-vulnerability-in-convex-finance-protocol-uncovered-and-resolved/\n \n USDN Peg broken, drama ensues\n \u200b\u200bhttps://www.theblockcrypto.com/post/140475/drama-erupts-around-the-waves-blockchain-project-and-trading-firm-alameda\xa0\n https://www.coingecko.com/en/coins/neutrino-usd\n \n Why is Elon taking a stake in Twitter?\n https://decrypt.co/96809/dogecoin-cheerleader-elon-musk-takes-9-2-stake-in-twitter\n https://www.wsj.com/articles/twitter-to-name-elon-musk-to-its-board-of-directors-11649162614?mod=article_inline\n \n FTX purchasing a stake in IEX\n https://www.prnewswire.com/news-releases/ftx-us-and-iex-join-forces-to-help-shape-market-structure-for-digital-assets-301517550.html\n \n Lightning Labs' $70 million raise\n \n https://www.theblockcrypto.com/post/140560/lightning-labs-taro-protocol-stablecoins-fundraise\xa0\n \n Gauntlet raises $23.8M led by Ribbit, now a Unicorn - congrats Tarun!\n https://cointelegraph.com/news/crypto-quant-firm-gauntlet-valued-at-1b-following-series-b\n \nLearn more about your ad choices. Visit megaphone.fm/adchoices