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DeFi Protocol Penpie Exploited for $27M of Crypto Assets; PNP Token Craters 40%

Decentralized finance (DeFi) protocol Penpie, built on top of tokenized yield platform Pendle, suffered an exploit on Wednesday, crypto observers reported. The alleged exploiter drained roughly $27 million of crypto assets including various types of staked ether (ETH), Ethena’s sUSDE and wrapped USDC stablecoin from the protocol, blockchain data shows. Later, it converted the proceeds

How Decentralized AI and Zero-Knowledge Proofs Will Democratize Compute

In late July, Mark Zuckerberg penned a letter explaining why “open source is necessary for a positive AI future,” where he waxes poetic about the need for open-source AI development. The once-nerdy teen founder, now turned into the wakeboarding, gold chain-wearing, and jiu-jitsu fighting “Zuck,” has been branded as the messiah of open-source model development.

Engineering over AI

For the last few months, I have been working on something new – building code generating LLM agents that actually work and produce high fidelity results. The space is probably in peak of its hype curve and it seems like many teams have lost focus on what really matters, the engineering part. There’s just too

PropelAuth (YC W22) is hiring engineers who love to write

Team-based authentication for B2B SaaSTechnical Content Creator$100K – $140K / 0.10% – 1.00% Connect directly with founders of the best YC-funded startups. Apply to role › About the rolePropelAuth makes it easy for companies of all sizes to onboard and manage their users. We’re a pivotal part of a company’s infrastructure, enabling companies to launch and

Writing a book in the age of open source

About a year ago, and I set out to write our first book. A book for aspiring Engineering Managers. We quickly realized that writing was a much larger undertaking than we had anticipated. We also found ourselves overwhelmed by the numerous tools used in the industry. As engineering managers, we knew one thing for certain:

How Xavier Worthy gives Chiefs options they haven’t had since Tyreek Hill

The Kansas City Chiefs’ wide receiver room has famously been a revolving door since their landmark 2022 trade of star Tyreek Hill to the Miami Dolphins.  Not that Chiefs fans are complaining. The strategy has paid off massively, as the Chiefs have won back-to-back Super Bowls since the trade, thanks to superstar quarterback Patrick Mahomes