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As the US Seizes $3.6B in BTC, a Frontline Story From the 2016 Bitfinex Hack, With Zane Tackett

As the US Seizes $3.6B in BTC, a Frontline Story From the 2016 Bitfinex Hack, With Zane Tackett

FromThe Breakdown


As the US Seizes $3.6B in BTC, a Frontline Story From the 2016 Bitfinex Hack, With Zane Tackett

FromThe Breakdown

ratings:
Length:
33 minutes
Released:
Feb 10, 2022
Format:
Podcast episode

Description

This episode is sponsored by Nexo, Arculus, FTX US and MELD.com.   Yesterday the U.S. government arrested two individuals in connection with money laundering and the 2016 Bitfinex hack that saw nearly 120,000 BTC stolen. They also announced the confiscation of around 94,000 of the purloined BTC - worth about $3.6 billion today. On today’s episode, NLW is joined by Zane Tackett, who was the director of community and product development during the Bitfinex hack in August 2016. Zane shares what the experience was like and his perspective on how the industry has changed.    Find our guest on Twitter: @tackettzane - Nexo is a powerful, all-in-one crypto platform where you can securely store your crypto. Invest, borrow, exchange and earn up to 18% APR on Bitcoin and 20+ other top coins. Insured for $375M. Audited in real-time by Armanino. Rated excellent on Trustpilot. Get started today at nexo.io. - Arculus™ is the next-gen cold storage wallet for your crypto. The sleek, metal Arculus Key™ Card authenticates with the Arculus Wallet™ App, providing a simpler, safer, and more secure solution to store, send, receive, buy, and swap your crypto. Buy now at getarculus.com. - FTX US is the safe, regulated way to buy Bitcoin, ETH, SOL and other digital assets. Trade crypto with up to 85% lower fees than top competitors and trade ETH and SOL NFTs with no gas fees and subsidized gas on withdrawals. Sign up at FTX.US today. - MELD is building the first-ever decentralized, non-custodial crypto to fiat lending and borrowing solution that will allow its users to lend and borrow both crypto and fiat currencies seamlessly. Users can stake MELD directly on the MELDapp, which will allow for governance voting for new protocol improvements, insuring the protocol, and earning up to 15% APY in MELD rewards. Start using MELD today at app.meld.com. - Enjoying this content?   SUBSCRIBE to the Podcast Apple:  https://podcasts.apple.com/podcast/id1438693620?at=1000lSDb Spotify: https://open.spotify.com/show/538vuul1PuorUDwgkC8JWF?si=ddSvD-HST2e_E7wgxcjtfQ Google: https://podcasts.google.com/feed/aHR0cHM6Ly9ubHdjcnlwdG8ubGlic3luLmNvbS9yc3M=   Join the discussion: https://discord.gg/VrKRrfKCz8   Follow on Twitter: NLW: https://twitter.com/nlw Breakdown: https://twitter.com/BreakdownNLW “The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsor is “Vision” by OBOY. Image credit: wenjin chen/DigitalVision Vectors/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.
Released:
Feb 10, 2022
Format:
Podcast episode

Titles in the series (100)

A daily analysis of macroeconomics, bitcoin, geopolitics and big picture power shifts, hosted by Nathaniel Whittemore @nlw. The Breakdown is part of The Breakdown Network.