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Tech Brew Ride Home

Tue. 02/22 – The Original (DAO) Sin Solved?

Tech Brew Ride Home

Amalgamated Internets, LLC

Tech News, News, Technology

4.71K Ratings

🗓️ 22 February 2022

⏱️ 21 minutes

🧾️ Download transcript

Summary

Has the mystery of the original The DAO controversy been solved? We finally have Sony’s new PlayStation VR2 design. Crypto exchange FTX makes a big move into gaming. Datapoints suggesting remote work is here to stay. And a review of the Galaxy S22 Ultra. Sponsors: do.co/ridehome2022 IPVanish.com/techmeme and promocode techmeme for 70% savings Links: Exclusive: Austrian Programmer And Ex Crypto CEO Likely Stole $11 Billion Of Ether (Forbes) Sony finally reveals the PlayStation VR2’s design (The Verge) FTX Enters Gaming as Backlash Grows Against Crypto’s Incursion (Bloomberg) Over 40% of West Coast Tech Job Listings Are Outside West Coast (Bloomberg) Spotify's Car Thing Is About to Face the Music (CNET) SAMSUNG GALAXY S22 ULTRA REVIEW: NOTABLY UNIQUE (The Verge) Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Welcome to the Tech Main Ride Home Home Home for Tuesday 2, 22.

0:09.2

I'm Brian McCullough.

0:10.2

Today has the founding mystery of the original Dow controversy been solved.

0:15.2

We finally have Sony's new PlayStation VR2 design.

0:18.8

Crypto Exchange FDX makes a big move into gaming.

0:22.2

Data points suggest remote work is here to stay and a review of the

0:25.3

Galaxy S-22 Ultra. Here's what you miss today in the world of Tech.

0:32.4

Remember when Brady Dale was on that recent bonus episode and he referred to

0:37.3

The Dow, one of the original and biggest Dow's that was set up early in

0:42.3

Ethereum's life to run that project but then a bunch of

0:46.2

eith disappeared 5% of all eith at the time in fact and so the project was forked

0:52.1

and that's why Ethereum Classic exists today.

0:56.0

Well a new investigation suggests that Austrian programmer Toby Honech who founded 10X was likely behind the 2016 hack of the Dow,

1:06.2

diverting 3.6 million Eath, now worth 11 billion dollars,

1:11.2

quoting Forbes and reporter Laura Shin, whose investigations are behind these new allegations,

1:15.6

quote, The Dow was a decentralized venture capital fund which had raised $139 million in

1:22.2

ether by the time its crowd sale ended in 2016, making it the most

1:26.4

successful crowdfunding effort to that date.

1:29.4

Weeks later, a hacker siphoned 31% of the eith in the Dow, 3.64 million total or about 5% of all

1:38.3

eith then outstanding, out of the main Dow and into what became known as the Dark Tao.

1:44.0

Who hacked the Tao?

1:45.6

My exclusive investigation built on the reporting for my new book, The Cryptopians,

...

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