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According to Chainanalysis, over $2 billion in cryptocurrency has been stolen in cross-chain bridge attacks last year. Exasperated by another string of bridge hacks over the last two weeks, many are calling into question the technology's ability to adequately secure users' assets and enable the interoperable, multi-chain future that is needed to propel the DeFi industry forward..
According to Chainanalysis, over $2 billion in cryptocurrency has been stolen in cross-chain bridge attacks last year. Exasperated by another string of bridge hacks over the last two weeks, many are calling into question the technology's ability to adequately secure users' assets and enable the interoperable, multi-chain future that is needed to propel the DeFi industry forward..
With hacker techniques becoming increasingly sophisticated in cryptocurrency, we talk about the state of security across cross-chain bridges and why the industry needs better solutions. But most importantly, what can be done to prevent future hacks. Finally, we discuss why an interoperable, multi-chain future is essential for the DeFi industry.
Tech Talks Daily Podcast Sponsor Check out Flippa, who is the show sponsor in December.
Find out more information at https://flippa.com/tech-talks
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According to Chainanalysis, over $2 billion in cryptocurrency has been stolen in cross-chain bridge attacks last year. Exasperated by another string of bridge hacks over the last two weeks, many are calling into question the technology's ability to adequately secure users' assets and enable the interoperable, multi-chain future that is needed to propel the DeFi industry forward..
According to Chainanalysis, over $2 billion in cryptocurrency has been stolen in cross-chain bridge attacks last year. Exasperated by another string of bridge hacks over the last two weeks, many are calling into question the technology's ability to adequately secure users' assets and enable the interoperable, multi-chain future that is needed to propel the DeFi industry forward..
With hacker techniques becoming increasingly sophisticated in cryptocurrency, we talk about the state of security across cross-chain bridges and why the industry needs better solutions. But most importantly, what can be done to prevent future hacks. Finally, we discuss why an interoperable, multi-chain future is essential for the DeFi industry.
Tech Talks Daily Podcast Sponsor Check out Flippa, who is the show sponsor in December.
Find out more information at https://flippa.com/tech-talks
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