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Ep. 60: Crypto Kidnappings, Lost Keys, and Million-Dollar Bug Bounties

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Manage episode 505380320 series 3467081
Content provided by Joe Patti and Adam Roth, Joe Patti, and Adam Roth. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Joe Patti and Adam Roth, Joe Patti, and Adam Roth or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Forbes 30 Under 30 cybersecurity expert Yevheniia Broshevan discusses crypto security challenges, bug bounty programs, and the reality that 95% of Bitcoin has been mined while 11-18% is lost forever.

πŸ”₯ What You'll Learn:

  • The concerning trend in crypto losses hitting $3 billion this year alone
  • How bug bounties in Web3 can reach up to $10 million for critical vulnerabilities
  • How operational security failures cause more crypto thefts than code vulnerabilities
  • Why diversification is critical when storing digital assets
  • The reality behind crypto kidnappings
  • Real-world asset tokenization and the future of digital assetsKey management best practices

🎯 Guest Spotlight:

Yevheniia Broshevan – Co-Founder and CEO of Hacken, Forbes 30 Under 30 honoree, and Web3 security pioneer who has been active in crypto since 2014. Hacken, an end-to-end security and compliance partner for digital assets, has conducted security assessments for over 2,000 clients and operates a community of 50,000+ ethical hackers who have identified vulnerabilities worth millions.

πŸ’‘ Key Takeaways:

  • Access control issues and private key leakage cause majority of crypto hacks
  • Bug bounties in crypto can reach 5-10% of potential losses (millions in payouts)
  • Hardware wallets, diversification, and proper key management are essential
  • The industry lost $2.5 billion last year, $3 billion this year - trend is accelerating
  • Phishing and social engineering remain the weakest links in crypto security

🚨 Critical Security Insights:

From penetration testing blockchain protocols to smart contract audits, Yev reveals the hidden vulnerabilities that put billions at risk. Whether you're a crypto investor, security professional, or curious about Web3 technology, this conversation delivers actionable intelligence you can't afford to miss.

πŸ’¬ Comment: What's your biggest crypto security concern?

Follow the Security Cocktail Hour podcast:

Guest Links:

#CryptoSecurity #Web3Security #Blockchain #Cybersecurity #DigitalAssets #SmartContracts #CryptoHacking #BugBounty #Web3 #SecurityPodcast #Forbes30Under30 #EthicalHacking #PenetrationTesting #CryptoWallet #KeyManagement #SecurityAudit #DeFi #Cryptocurrency

  continue reading

64 episodes

Artwork
iconShare
 
Manage episode 505380320 series 3467081
Content provided by Joe Patti and Adam Roth, Joe Patti, and Adam Roth. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Joe Patti and Adam Roth, Joe Patti, and Adam Roth or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Forbes 30 Under 30 cybersecurity expert Yevheniia Broshevan discusses crypto security challenges, bug bounty programs, and the reality that 95% of Bitcoin has been mined while 11-18% is lost forever.

πŸ”₯ What You'll Learn:

  • The concerning trend in crypto losses hitting $3 billion this year alone
  • How bug bounties in Web3 can reach up to $10 million for critical vulnerabilities
  • How operational security failures cause more crypto thefts than code vulnerabilities
  • Why diversification is critical when storing digital assets
  • The reality behind crypto kidnappings
  • Real-world asset tokenization and the future of digital assetsKey management best practices

🎯 Guest Spotlight:

Yevheniia Broshevan – Co-Founder and CEO of Hacken, Forbes 30 Under 30 honoree, and Web3 security pioneer who has been active in crypto since 2014. Hacken, an end-to-end security and compliance partner for digital assets, has conducted security assessments for over 2,000 clients and operates a community of 50,000+ ethical hackers who have identified vulnerabilities worth millions.

πŸ’‘ Key Takeaways:

  • Access control issues and private key leakage cause majority of crypto hacks
  • Bug bounties in crypto can reach 5-10% of potential losses (millions in payouts)
  • Hardware wallets, diversification, and proper key management are essential
  • The industry lost $2.5 billion last year, $3 billion this year - trend is accelerating
  • Phishing and social engineering remain the weakest links in crypto security

🚨 Critical Security Insights:

From penetration testing blockchain protocols to smart contract audits, Yev reveals the hidden vulnerabilities that put billions at risk. Whether you're a crypto investor, security professional, or curious about Web3 technology, this conversation delivers actionable intelligence you can't afford to miss.

πŸ’¬ Comment: What's your biggest crypto security concern?

Follow the Security Cocktail Hour podcast:

Guest Links:

#CryptoSecurity #Web3Security #Blockchain #Cybersecurity #DigitalAssets #SmartContracts #CryptoHacking #BugBounty #Web3 #SecurityPodcast #Forbes30Under30 #EthicalHacking #PenetrationTesting #CryptoWallet #KeyManagement #SecurityAudit #DeFi #Cryptocurrency

  continue reading

64 episodes

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