The Tech Memo

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The Tech Memo

The Tech Memo

@TheTechMemo

The cleverest way to keep up with need-to-know Tech news. 1️⃣ minute a week. 💯% Free.

🌎 Katılım Kasım 2017
118 Takip Edilen6.8K Takipçiler
The Tech Memo retweetledi
Vault Summit
Vault Summit@Vault__Summit·
Over $7 billion has been lost to DeFi exploits. Less than 1% of total value locked is insured. There are three pillars of vault risk management: assessment, mitigation, and risk transfer. The industry currently only does the first two. @itsJeremiahS, @OpenCover on vault-native risk transfer and what it takes to close the protection gap.
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OpenCover
OpenCover@OpenCover·
👀 Spotted: the first @OpenCover Covered Vaults are live on @DeBankDeFi. More coming soon...
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The Tech Memo retweetledi
OpenCover
OpenCover@OpenCover·
🎤 Our CEO @itsJeremiahS takes the stage at the @Vault__Summit during @EthCC. We’re unveiling a new approach to making protection against hacks, depegs, and protocol failures native to onchain vaults. Vault-native risk transfer is coming 🛡️
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The Tech Memo retweetledi
Vault Summit
Vault Summit@Vault__Summit·
As vault systems grow, risk transfer becomes part of the product. @itsJeremiahS, Co-founder & CEO of @OpenCover, will discuss the opportunities behind making protection against hacks, depegs, and other protocol-level risks more native to onchain vault products.
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OpenCover
OpenCover@OpenCover·
🛡️ We're joining forces with @Coinbase to help you stay safe onchain 🛡️ Starting today, Coinbase One members benefit from 10% off the @Base DeFi Pass and the entire catalog of OpenCover products. It has never been easier to earn yield on top DeFi protocols with peace of mind 👇
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The Tech Memo retweetledi
Jeremiah Smith 🛡️🍊
Jeremiah Smith 🛡️🍊@itsJeremiahS·
We just launched the @Base DeFi Pass — one of the biggest innovations in blockchain protocol protection of the year with @NexusMutual 🛡️ Exclusively on @ProductHunt today with $1,000,000 of free cover up for grabs for early supporters! 👇🏻👇🏼👇🏽👇🏾👇🏿
OpenCover@OpenCover

📣 Breaking: the @Base DeFi Pass is now available to everyone 🔵 The Base Pass is the *very first* protocol cover offering all-in onchain protection across top Base protocols. Check out the launch exclusive on @ProductHunt (and get free cover!) 👇🏻👇🏼👇🏽👇🏾👇🏿producthunt.com/posts/the-base…

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The Tech Memo retweetledi
OpenCover
OpenCover@OpenCover·
📣 Breaking: the @Base DeFi Pass is now available to everyone 🔵 The Base Pass is the *very first* protocol cover offering all-in onchain protection across top Base protocols. Check out the launch exclusive on @ProductHunt (and get free cover!) 👇🏻👇🏼👇🏽👇🏾👇🏿producthunt.com/posts/the-base…
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The Tech Memo retweetledi
Richard Chen
Richard Chen@richardchen39·
Loss ratio is the most important metric in insurance. It shows whether an insurance business is making money (claims / premiums). @NexusMutual is the only DeFi cover provider that has a loss ratio < 1. Nexus Mutual: 0.74 Unslashed: 2.53 InsurAce: 4.88 opencover.com
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OpenCover
OpenCover@OpenCover·
🚨Your keys, your coins — your risk. Last week, the Euler hack proved that DeFi safety remains a critical issue. Since the UST depeg, our team has helped DeFi users recover $1,000,000+ through DeFi insurance alternatives. Today, we’re excited to share what we’ve learned 🧵👇
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The Tech Memo retweetledi
Chainstack 💙🛠️
Chainstack 💙🛠️@ChainstackHQ·
Introducing our newest partner @OpenCoverDeFi 🛡️, the #1 source for DeFi cover data, news and insights. 📈 With over 91.7% coverage of DeFi cover activity by TVL across multiple networks. Make #DeFi safe & accessible to all with their latest insights 😎 bit.ly/3Y8EoT9
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The Tech Memo retweetledi
Jeremiah Smith 🛡️🍊
Jeremiah Smith 🛡️🍊@itsJeremiahS·
Your keys, your coins — your risk. $900m+ were lost to DeFi exploits in the last 3 months alone ($3B+ YTD) @DefiLlama #DeFi risk mitigation is about to become a *very* hot topic. Status quo and future outlook primer 👇 twitter.com/VitalikButerin…
vitalik.eth@VitalikButerin

The "centralized anything is evil by default, use defi and self-custody" ethos did very well this week, but remember that it too has risks: bugs in smart contract code. Important to guard against it: * Keep code simple * Audits, formal verification, etc * Defense in depth

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Immunefi
Immunefi@immunefi·
Gelt has launched their bug bounty on Immunefi 💪 @GeltFinance first savings product combining Fintech & DeFi enabling anyone to access covered DeFi yields while retaining custody of their funds. Find those bugs 🔍 - get yourself a sweet $100,000: immunefi.com/bounty/gelt/
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