41: So Many Hacks! The Myth of Blockchain Security (w/ Domingo Flores)

December 12, 2022 01:19:29
41: So Many Hacks! The Myth of Blockchain Security (w/ Domingo Flores)
Scam Economy
41: So Many Hacks! The Myth of Blockchain Security (w/ Domingo Flores)

Dec 12 2022 | 01:19:29

/

Show Notes

If the blockchain is so secure...why are there so many crypto hacks? Infosec expert Domingo Flores joins Scam Economy with Matt Binder to dispel the myth of blockchain security. Domingo brings us back to the very basics and breaks down cryptography and why so many think the blockchain is so secure. We also discuss how hacking attacks have continued to rise and unprecedented amounts of money have been stolen even during the crypto winter. Domingo breaks down flash loan attacks, protocol exploits, "code is law" issues, and even basic social engineering attacks, and much more! Visit: ScamEconomy.com Support the show: http://www.patreon.com/mattbinder Articles mentioned on the episode: https://blog.chainalysis.com/reports/crypto-crime-midyear-update-2022/ https://fortune.com/crypto/2022/10/13/october-record-3-billion-stolen-in-crypto-hacks-2022/ https://cryptopotato.com/cryptocom-becomes-first-crypto-exchange-to-comply-with-soc-2-standards/ Links to Domingo's work: https://twitter.com/Domingroso/status/1600286166213091328

Other Episodes

Episode

August 05, 2022 01:06:05
Episode Cover

26: Dune and Done: The Spice DAO Saga (w/ Adi Robertson)

Adi Robertson, senior reporter at The Verge, joins Scam Economy with Matt Binder to bring us on the epic journey that is Spice DAO,...

Listen

Episode

August 26, 2022 00:33:01
Episode Cover

Immutable and the Push to Force NFTs on Gamers (Scam Economy Live Post Show BONUS Clip)

Another BONUS teaser of the Scam Economy Livestream Call-In Post Show! Jon from Australia calls BACK into the Scam Economy Livestream Post Show in...

Listen

Episode

September 29, 2022 01:04:51
Episode Cover

32: GiveCrypto and the Real Goal of "Crypto Charity" (w/ Leo Schwartz)

Leo Schwartz, reporter at Fortune, joins Scam Economy with Matt Binder to discuss his report on GiveCrypto, a crypto charity set up by the...

Listen