ZARZA We are Zarza, the prestigious firm behind major projects in information technology.
Listen "The MonoX hack explained in simple terms"
Episode Synopsis
Have you ever lost 31 million dollars because you didn't think someone would do something both stupid and brilliant?
That's what happened to the DeFi protocol MonoX a couple of days ago.
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.
DeFi - it's the gift that keeps on giving.
Unfortunately, not to the people you want it to be giving to.
That's what happened to the DeFi protocol MonoX a couple of days ago.
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.
DeFi - it's the gift that keeps on giving.
Unfortunately, not to the people you want it to be giving to.
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