THORchain launches cross-chain swaps; Polygon has an admin key; Another crypto heist on BSC
April 29, 2021Good: THORchain has launched their product allowing native crypto-to-crypto swaps. How is their decentralized solution different from the rest?Bad: Polygon aka Matic uses a 2-of-3 multisig admin key to allow upgradability, however this key may also be capable of jeopardizing the security of the network.Ugly: The theft of funds from Uranium Finance in the past week highlights the risks that come with cheap & rapid development on Binance Smart Chain.Links:Chris Blec grills JP of THORchain about the project's trustlessnessRaising the Polygon multisig issue on Twitter@FrankResearcher's tweets dissecting the Uranium Finance theft Do you have a DeFi question that you'd like to hear answered on the podcast? Visit https://speakpipe.com/trustbubble and submit it to be used on a future episode.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.