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February 24, 2022by Laura Shin

The Chopping Block: Why Hacking The DAO Is ‘Something to Be Proud Of’?

Welcome to The Chopping Block! Crypto insiders Haseeb Qureshi, Tom Schmidt, Robert Leshner and Tarun Chitra chop it up about the latest news in the digital asset industry. Show topics:

  • their thoughts on The DAO hacker reveal
  • the importance of The DAO and why it made Robert fall in love with crypto
  • how the alleged attacker was found (feat. a deep dive into the Morden testnet and Wasabi)
  • dumb DAOs: why the guys are unimpressed with DAOs seeking to purchase, among other things, the Denver Broncos and fast-food restaurants
  • how to fix price discovery for DAO mergers and acquisitions
  • whether Anchor’s 20% yield on UST is sustainable in light of Luna Foundation Guard’s decision to backstop its reserves with $1 billion in BTC
  • why deploying funds from a large treasury is difficult
  • why the BlockFi fine was not a surprise
  • what lessons the BlockFi settlement taught crypto companies
  • why Tarun still loves Olympus DAO and OHM
  • how EthDenver has changed since the NFT boom

Hosts

  • Haseeb Qureshi, managing partner at Dragonfly Capital
    • https://twitter.com/hosseeb
  • Tom Schmidt, general partner at Dragonfly Capital
    • https://twitter.com/tomhschmidt
  • Tarun Chitra, managing partner at Robot Ventures
    • https://twitter.com/tarunchitra 
  • Robert Leshner, founder of Compound 
    • https://twitter.com/rleshner 

Show Topics:

  • The DAO attacker revealed
    • https://www.forbes.com/sites/laurashin/2022/02/22/exclusive-austrian-programmer-and-ex-crypto-ceo-likely-stole-11-billion-of-ether/
  • DAO trying to buy the Denver Broncos
    • https://www.buythebroncos.com/
  • Fries DAO
    • https://fries.fund/
  • BlockFi Agrees to Pay $100 Million in Penalties and Pursue Registration of its Crypto Lending Product
    • https://www.sec.gov/news/press-release/2022-26
  • Terra and UST receiving backstopped funds
    • https://www.theblockcrypto.com/post/134871/luna-founation-guard-token-sale 
  • OHM bonds as Vol-reduction strategy
    • https://twitter.com/tarunchitra/status/1495807277978341385
  • Eth Denver
    • https://thedefiant.io/ethdenver-scene-cryptopunks-community/ 

 

Posted in: 2022, Shows, The Chopping Block, UnchainedTagged in: 2016 DAO Attack, BlockFi, chainalysis, Compound Labs, Dragonfly Capital, EthDenver, ethereum, hack, Haseeb Qureshi, OHM, Olympus DAO, Robert Leshner, Robot Ventures, Tarun Chitra, Terra, The Cryptopians, The DAO, Tom Schmidt, UST

Our guests on this episode:
Haseeb Qureshi, managing partner at Dragonfly Capital

Haseeb Qureshi

Managing partner at Dragonfly Capital

Tom Schmidt, Partner at Dragonfly Capital

Tom Schmidt

General partner at Dragonfly Capital

Tarun Chitra, Managing Partner at Robot Ventures

Tarun Chitra

Co-founder of Gauntlet and Managing Partner at Robot Ventures

Robert Leshner, founder of Compound

Robert Leshner

Founder of Compound Labs and managing partner at Robot Ventures

© Copyright 2022 – 2023 Laura Shin Media LLC. All Rights Reserved.

Website by Zach Swinehart.

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Unchained Podcast

  • Podcast
  • Book
  • Newsletters
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  • Resources
    • Crypto Glossary
  • About
  • Contact
    • Sponsors
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    • Confidential Tips