Unseen Money 12: Keeping hackers out of your DeFi wallet

About this episode

The episode discusses the risks of hacking in the DeFi market and features insights from security expert Arseny Reutov.

The decentralised finance (DeFi) market is booming—but the world’s best hackers are on a constant look-out for ways to steal your crypto tokens. North Korea, which recently committed the largest theft in cryptocurrency history , is probably top of the hackers’ game. What do crypto users need to know about the risks in this unregulated but fast-growing market? In the latest episode of Unseen Money from New Money Review, Timur Yunusov and Paul Amery are joined by Arseny Reutov, chief technology officer at Decurity, a security audit and ethical hacking firm specialising in DeFi. During the podcast, we discuss: Malware, ethereum and the recent $1.5bn Bybit hack State-of-the-art techniques in DeFi hacks Mixers, cross-chain bridges and the laundering of stolen funds How North Korea became the world leader in crypto hacks Ways of detecting flaws in DeFi smart contracts Who audits DeFi? Incentives to report, rather than exploit smart contract flaws Is DeFi security improving?

People in this episode

Host: Paul Amery

Guest: Arseny Reutov

Topics covered

• DeFi
• cryptocurrency
• hacking
• security

Keywords

• malware
• Bybit hack
• smart contracts
• North Korea
• crypto theft

Mentioned in this episode

Products: DeFi, Decurity

Books & works: Unseen Money

Places: North Korea

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