The Chopping Block: Code, Chaos & Consequences — What the Balancer Hack and Rollback Debates Mean for Crypto’s Future - Ep. 941

In a recent episode of The Shopping Block podcast, Haseeb Qureshi, Tom Schmidt, Robert Leshner, and Tarun Chitra discuss the current crypto market downturn, marked by significant selloffs and eroded confidence. They explore potential reasons for the downturn, including undisclosed impacts from a major liquidation event and rumors of market maker failures. The conversation covers the Balancer exploit, the collapse of Stream Finance, and the implications of chains freezing attacker accounts. Despite the market's challenges, the panelists express optimism about the long-term fundamentals of crypto, particularly the growth in stablecoin adoption and the potential for AI to improve smart contract security, and advise founders to continue building and ignore short-term price fluctuations.