Taylor Monahan
Co-Founder of MyEtherWallet
2
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Apr 25, 2026
Blockspace: Tether Freezes $344 million, OnRamp Finance Launch, and DPRK Crypto Hacks
45:12
45:19
45:29
45:53

ColinHOST
... what have been the most detrimental side effects and secondary effects of this Kelp DAO hack?
Taylor MonahanGUEST
[sighs] So I think that obviously this was a huge eye-opener for a lot of teams in this space.
Taylor MonahanGUEST
Uh, I think there are some people who are... perhaps should be more scared [laughs] and hardening their systems that aren't, like other bridges, and basically anyone who is, uh, let's say, like reconciling on-chain and off-chain data, especially via like RPCs.
Taylor MonahanGUEST
Let's just stop there, okay? So, like, one angle is, like, how do we prevent this from happening again? What is DPRK doing here? How do they, [laughs] like, you know, leap ahead? Uh, and how do we make sure this doesn't happen again? Obviously, another one is just risk management with these, uh, lending protocols.
6 MINS LATER
C
52:17CharlieHOST
How can we actually address these issues? What can realistically be done to stop this?
The Chopping Block: The Ethereum Foundation Manifesto + Who Really Runs Crypto?
7:28
7:39
Taylor MonahanGUEST
I think I was moderately optimistic that the changes that we've seen are deep enough to really hold.
Taylor MonahanGUEST
But I do think that there was some amount of... let's say experimentation where like the M'lady PFP, right.
49 MINS LATER