A major hack in the decentralised finance (DeFi) sector occurred on Saturday after an attacker exploited a cross-chain bridge and drained nearly US$300 million, triggering disruptions across several crypto platforms.
~This episode is sponsored by Tangem~
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Guest: Hugo Philion, CEO Flare Network
Flare Network websiteâžœhttps://bit.ly/FlareXRP
00:00 intro
00:07 Sponsor: Tangem
00:39 KelpDAO Exploit
01:24 LayerZero To Blame
01:49 Aave illiquid
02:24 Bridges are now toxic
03:02 Unaffected Protocols Are Also Frozen
04:20 Aave April 30th Leverage Incoming?
05:05 Vitalik predicted this
05:36 Ethereum Economic Zone fixing this
06:03 David Schwartz casts doubt on Flare XRP Bridge
06:50 Hugo Philion on LayerZero post-mortem
09:37 $AAVE not worth holding
10:27 Yields vs Risk
11:34 Vault Sentiment collapses
12:25 Aave April 30th risk
13:09 Flare LayerZero exposure
13:53 LayerZero Exploit Explained
14:25 Flare LayerZero safe?
15:23 LRT Token Sentiment
16:01 Aave UI and Communication
16:35 Institutional Products Paused
16:59 Areas of Concern Due to A.I.
17:56 DeFi Limits Incoming!?
19:47 Freezing To Confirm?
20:39 Banking System at Risk?
21:47 Flare security updates
23:54 When will XRP be unfrozen?
25:16 Remaining Skeptical
25:56 ETH & BTC price didn’t fall
26:15 outro
#Crypto #XRP #Defi
~DeFi Panic After MASSIVE Exploit!🔥XRP Contagion Exposure?🚨Flare CEO INTERVIEW~
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