Loopring gives superpowers to Layer 2; Uniswap is not answering an important question about v3; Massive $80m admin key theft highlights issues

Good: Loopring announced Ethport, which will give Layer 2 users the ability to interact with Layer 1 smart contracts (i.e. Yearn, Compound, Synthetix, etc) with their Layer 2 funds. Mind-blowing stuff. Bad: Uniswap told users that their new v3 protocol would be protected by a Business Source License, prohibiting anyone from copying it, however refuses to tell the governance community who will be enforcing the license.Ugly: EasyFi Network reported a massive $80m+ admin key theft as the result of poor security. What can we learn from this?Other links mentioned:Chris Blec's Uniswap Online Course (YouTube)The Risks of Unknown Admin Key Opsec (YouTube)Support the show (https://cash.app/$ChrisBlec)Buy a Trezor hardware wallet Have over $1000 in DeFi? Still using Metamask alone? It's time to get a Trezor hardware wallet.Get the best rates on 1inch Exchange Swapping tokens on ETH or BSC? 1inch Exchange consistently has the best rates of any DEX aggregator.Disclaimer: This post contains affiliate links. If you make a purchase, I may receive a commission at no extra cost to you.

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DeFi (decentralized finance) is an innovative technology movement that is primarily being built on the decentralized blockchain Ethereum. Every week, "Trust Bubble with Chris Blec" will discuss the good, the bad & the ugly of DeFi. Controversial, unfiltered and independent - you won't hear DeFi views like this anywhere else.