
The MonoX hack explained in simple terms
Blackmax
6 min•0 प्ले•0 पसंदीदा
Business & Finance
विवरण
<p>Have you ever lost 31 million dollars because you didn't think someone would do something both stupid and brilliant?</p> <p>That's what happened to the DeFi protocol MonoX a couple of days ago.</p> <p>In this video I explain, through the use of an analogy (that anyone who has ever bought a bag of potatoes can understand, or indeed Samson Williams) how an eight figure sum was lost to a hacker who thought like a test engineer rather than a software developer.</p> <p>DeFi - it's the gift that keeps on giving.</p> <p>Unfortunately, not to the people you want it to be giving to.</p>