Description

In this Ready for Merge episode, Christine D. Kim discusses the fallout from the KelpDAO and Layer Zero exploit. For many, this incident is radically redefining what decentralised finance (DeFi) means and the true value of blockchain-based applications. 

This episode was recorded on April 21, 2026.

Timestamps:

(1:04) Show announcements

(2:11) Bitcoin Core updates

(4:32) Ethereum client updates

(10:22) Overview of the KelpDAO and LayerZero hack

(14:24) The Arbitrum Security Council’s response

(17:37) The differences between DeFi and CeFi

(26:28) Why public blockchains matter

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