Cybersecurity in crypto: Attack on DeFi Exchanges

Sep 1, 2021

Cybersecurity in crypto: Attack on DeFi Exchanges

What exactly happened in the biggest hack in DeFi? Can it happen again? As the…

Paul Gordon

What exactly happened in the biggest hack in DeFi? Can it happen again? As the ecosystem grows, its market has also experienced a huge pump with a current market capitalization of over $121 billion. However, this growth has also shined a light on cybersecurity issues. In the last month, 3 major cyberattacks have happened to DeFi services, including the biggest hack in crypto so far to the exchange Polygon.

In this interview, Cesar Cerrudo, CTO of IOActive Labs joins host Paul Gordon to analyze the reasons and impact of security hacks in DeFi.

Paul Gordon

Following a 20+ year career in financial markets, Paul first became interested in Bitcoin in 2011 and helped to establish one of the world's first Bitcoin meetup groups, Coinscrum, in 2012 since when he has grown the community to over 6,500 members, hosting over 250 events and introducing many of the leading projects and thought leaders in the industry. Paul currently produces the weekly Coinscrum Markets video podcast series and is an active investor and advisor to a number of crypto and blockchain related projects.