85. How Companies Lose $197 Million in Seconds (with Channi Greenwall, Olympix)

85. How Companies Lose $197 Million in Seconds (with Channi Greenwall, Olympix)

December 30, 2025 · 35 min · Episode 85

About this episode

Channi Greenwall discusses the vulnerabilities in Web3 security and the shortcomings of traditional audits.

What if 90% of “secured” smart contracts were still exploitable? That’s the reality Olympix founder and CEO Channi Greenwall is seeing on-chain today. She breaks down why traditional audits are failing Web3 teams, why the attack surface is bigger than most founders realize, and how automated security is starting to close the gap. You’ll learn: Why Web3 security is closer to medical devices and aviation than typical SaaS risk How one exploit can wipe out years of startup effort in seconds The hidden overlap between Web2 and Web3 attack surfaces that founders underestimate What it actually looks like to automate 60–80% of what human auditors do today Listen to the full episode on your favorite platform. Channi: www.linkedin.com/in/channi-greenwallOlympix: www.olympix.security/Jon: www.linkedin.com/in/jon-mclachlanSasha: www.linkedin.com/in/aliaksandr-sinkevichYSecurity: www.ysecurity.io

People in this episode

Hosts: Jon McLachlan, Aliaksandr Sinkevich

Guest: Channi Greenwall

Topics covered

Keywords

Mentioned in this episode

Organizations: Olympix, YSecurity

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