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DeFi Hacks Reach a Record High

DeFi Hacks Reach a Record High

FromRaoul Pal: The Journey Man


DeFi Hacks Reach a Record High

FromRaoul Pal: The Journey Man

ratings:
Length:
51 minutes
Released:
Oct 13, 2022
Format:
Podcast episode

Description

October 2022 is already the worst month on record in terms of crypto-related crime. According to data from Chainalysis, so far this month we’ve seen 11 hacks of DeFi protocols for a total take of $718 million. At the top of today’s Real Vision Crypto Daily Briefing, Elaine Ly and Ash Bennington analyze the stats and probe where the problem lies. Elaine and Ash also update Bitcoin and Ethereum price action following more hotter-than-expected U.S. inflation data. Then it’s on to today's big theme: regulation, with reports the G20 is reviewing a new framework for cross-border crypto checks and the U.S. Securities and Exchange Commission is investigating Yuga Labs and some of its Bored Apes Yacht Club NFTs. Ari Redbord, the head of legal and government affairs at TRM Labs with past experience inside both the U.S. Treasury and Justice Departments, joins Elaine and Ash to share his critical insight. And we preview a conversation at the World Blockchain Summit in Dubai between Real Vision Managing Editor Samuel Burke and Mario Nawfal, the founder of IBC Group and the CEO of NFT Tech, about the rapidly developing Web3 space.
Released:
Oct 13, 2022
Format:
Podcast episode

Titles in the series (100)

There is a digital revolution that is shaping your future and the future of money itself. The money in your pocket is worth less every day… so it is time to stake your claim in the future of the financial system, and participate in the wealth-creation opportunity of a generation. At Real Vision, it’s our job to make sense of this fast-moving space for you, so you don’t get left behind.