WARNING!! A BILLION Dollar DeFi Hack Is Coming in 2021!

46,335 Views · Posted 3 years ago

WARNING!! BE PREPARED!! A Billion ($$$) DeFi hack is coming in 2021!! Why?? Total Value Locked (TVL) in decentralized finance is bubbling & $100 Billion TVL will be hit this year. Attackers are letting DeFi bugs stay dormant, letting TVL bubble, until the right time to strike! Vitalik Buterin has said DeFi cannot guarantee less than a 2% chance of not breaking. What’s 2% of $100 billion!?? $2 Billion!!

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⏰ Time Stamps ⏰
00:00 The Dark Days of DeFi
00:39 The Rough Early Days of Bitcoin: Inflation Bug in 2010
01:55 Protocol Bugs Can Lay Dormant
02:07 Ravencoin Dormant Inflation Bug in 2020
02:45 Stellar Lumens Dormant Inflation Bug in 2017
03:13 Dormant Bugs in the New Chains??
03:48 Bitcoin & Centralized System Attacks
04:51 DeFi TVL Surges & This Bull Run...
05:23 Implications Are Being Understood
06:47 The Great Billion Dollar DeFi Hack of 2021
07:07 The DeFi Exploits in 2020
08:08 Vitalik Buterin Warns of the 2% DeFi Break
09:27 $100 Billion TVL & The 2% DeFi Bust
10:21 No One Can Predict To Who
10:51 Who Came 1st. The Chico? Or the Egg?

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**Disclaimer**
Please be advised that I own a diverse portfolio of cryptocurrency as I wish to remain transparent and impartial to the cryptocurrency community at all times, and therefore, the content of my media are intended FOR GENERAL INFORMATION PURPOSES not financial advice. The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Purchasing cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome. Past performance does not indicate future results.

This information is what was found publicly on the internet. This is all my own opinion. All information is meant for public awareness and is public domain. Please take this information and do your own research.

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