New Privacy Talks is live w. @matejanez @markowifk 🎙️ DeFi's mass extinction. The AI layoff wave. Google I/O. Anthropic's historic month. OpenAI's IPO. Everything that mattered, in one episode.

One compromised verifier. $292M gone. $10B followed it out the door. @matejanez, @markowifk & myself talked about the Kelp DAO exploit, the DeFi composability problem, Arbitrum's controversial fund freeze, and whether decentralized governance is the answer or just a prettier version of the same problem. Also: Vercel got breached, @Apple is paying @Google $1B, and @AnthropicAI released an AI that hacks Linux systems. Privacy Talks Episode 3 is live.

every time you swap on a DEX you're being watched 👀 your transaction sits in the mempool for a few seconds before it settles. every bot on the network can see exactly what you're doing. and some of them are going to act on it. this is MEV and it costs DeFi users over $1 billion a year. a thread 🧵 (1/10)

and if @PrivanaFinance ever goes offline? there's a fallback contract on Ethereum that watches for it. if the enclave is unresponsive for 7 days your keys are reconstructed from distributed secret shares and released back to you.your funds are never locked. by design. not a promise. (8/10) this is what 5 years of building @OasisProtocol's privacy infrastructure was for Sapphire. confidential EVM. ROFL. all of it pointing toward this. the application layer is where the value actually lives and @PrivanaFinance is the first move there 🌹 (9/10)