The Akutar Fiasco
The Akutar Fiasco

The Akutar Fiasco

Blackmax

6 min0 plays0 favorites
Business & Finance
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Description

<p>We are starting to see more NFT projects losing significant sums of money - this used to be the preserve of DeFi protocols.</p> <p>A few days ago a project called "Akutars" managed to inadvertently lock up over 11,000 ETH, worth about $34 million in fiat prices.</p> <p>There are plenty of analyses as to exactly what went wrong in the code to cause this, so in this video I take a one-level-up view and look at the red flags visible in the code that should have suggested there might be a problem.</p> <p>This is more useful to future smart contract developers than a line-by-line level analysis which would only apply specifically to the Akutar contract.</p>

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staceyField

staceyField

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The Akutar Fiasco - Listen Free | WowFM