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Blockchain technology is about to transform every trust-based interaction of our lives, from financial services to identity, from health care to our Internet of Things devices. In this podcast, host Laura Shin talks with industry pioneers across tech, financial services, health care, government and other sectors about how the blockchain and cryptocurrency will open up new opportunities for incumbents, startups and everyday people to interact more efficiently, directly and globally.

Oct 28, 2022

Avraham Eisenberg, blogger at DeepFi Value – more commonly known as the Mango Markets attacker – shared his insights about the exploitation of code, his personal story, and why there’s hatred directed towards profitable traders. 

 

Show highlights:

  • Laura’s description of the Mango Markets exploit
  • the way in which code gets used in a different way from the original intention
  • why Avi decided to return part of the funds he got from exploiting Mango Markets
  • Avi’s clarification of a misconception regarding the bad debt of Mango Markets
  • the difference between arbitrage trades and exploits
  • why people making profitable strategies are hated, according to Avi
  • how Avi got into crypto and the story of his failed online business 
  • whether it is possible to run non-zero-sum games
  • what he thinks of Compound’s decision to pause activity on illiquid assets

 

 

Thank you to our sponsors!

Crypto.com

Ava Labs

 

Avi

 

Mango Markets exploit

 

Avi’s online business story

 

Compound Votes to Pause Activity for Illiquid Crypto Assets