Recent reports show that DeFi exploits totaled $12 billion in 2021. Between this fraud spike, the social engineering attack at Robinhood, and the recent Google Play scam, it's more critical than ever that cybersecurity becomes an embedded part of cryptocurrency. Tammy Kahn, co-founder and CEO of BTblock has a team of some of the best dedicated DeFi logic security analysts. Having performed cybersecurity code reviews of the software supporting major blockchain protocols, including Bitcoin, Ethereum, Solana, and Cardano, she and her team continuously observe how significant an impact security concerns have on widespread adoption. With crypto scams and fraud skyrocketing, Tammy discusses some of the core issues plaguing the industry in 2022. We talk about why until 'basic' users can feel their funds are secure, the adoption of crypto and other types of micro-investing will remain slower. Too much is at risk; people may not know the answer, but many know enough to be scared.

We also explore why we need more than cyber training needs to happen and why it needs to be built from the code up.