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Unconfirmed: Insights and Analysis From the Top Minds in Crypto

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Apr 24, 2020

Haseeb Qureshi, managing partner of Dragonfly Capital, describes how the attack happened, why imBTC was involved in that hack and a $300,000 hack involving Uniswap the day before, and how the ERC-777 token standard was involved. He also recounts what happened after the attack, including messages sent to and from the hacker, how the Chinese and Western DeFi communities had different responses, and how the hacker ended up returning the funds. Plus, he goes into the details of what he knows about why the attacker did so. 

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Episode links: 

Haseeb Qureshi:

Dragonfly Capital:

The Block on the exploit: 

News about dForce bringing imBTC to

More about imBTC: 

Compound CEO Robert Leshner’s comment referring to how dForce stole Compound’s code:

More on imBTC attack on Uniswap:

Medium post on whether or not the ERC-777 standard is to blame: 

The Block on the new token standard:

Larry Cermak tweet about centralized tokens:

Su Zhu on the hacker perhaps being exposed via VPN: 

Links from news recap: