Have you ever lost 31 million dollars because you didn't think someone would do something both stupid and brilliant?

That's what happened to the DeFi protocol MonoX a couple of days ago.

In this video I explain, through the use of an analogy (that anyone who has ever bought a bag of potatoes can understand, or indeed Samson Williams) how an eight figure sum was lost to a hacker who thought like a test engineer rather than a software developer.

DeFi - it's the gift that keeps on giving.

Unfortunately, not to the people you want it to be giving to.