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

EPISODE · Dec 30, 2025 · 35 MIN

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

from The Security Podcast of Silicon Valley · host YSecurity

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-greenwall Olympix: www.olympix.security/ Jon: www.linkedin.com/in/jon-mclachlan Sasha: www.linkedin.com/in/aliaksandr-sinkevich YSecurity: www.ysecurity.io   🔒 Sponsored by YSecurity Closing a big deal and getting hit with a vendor questionnaire, SOC 2 request, or pen test requirement? That's exactly what we handle. YSecurity embeds a team of security engineers with backgrounds from Apple, Uber, Microsoft, Robinhood, and Brex directly into your company. No full-time hire, no bloated retainer. You set a monthly cap and we handle everything. Book a free strategy call and we'll tell you exactly where you stand. 👉 Book your free call: 30 Min Meeting | YSecurity.io | Cal.com 👉 Learn more: YSecurity | On-Demand Cybersecurity Team for Startups — SOC 2 in 5 Months  

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   🔒 Sponsored by YSecurity Closing a big deal and getting hit with a vendor questionnaire, SOC 2 request, or pen test requirement? That's exactly what we handle. YSecurity embeds a team of security engineers with backgrounds from Apple, Uber, Microsoft, Robinhood, and Brex directly into your company. No full-time hire, no bloated retainer. You set a monthly cap and we handle everything. Book a free strategy call and we'll tell you exactly where you stand. 👉 Book your free call: 30 Min Meeting | YSecurity.io | Cal.com 👉 Learn more: YSecurity | On-Demand Cybersecurity Team for Startups — SOC 2 in 5 Months

NOW PLAYING

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

0:00 35:01

No transcript for this episode yet

We transcribe on demand. Request one and we'll notify you when it's ready — usually under 10 minutes.

Frequently Asked Questions

How long is this episode of The Security Podcast of Silicon Valley?

This episode is 35 minutes long.

When was this The Security Podcast of Silicon Valley episode published?

This episode was published on December 30, 2025.

What is this episode about?

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...

Can I download this The Security Podcast of Silicon Valley episode?

Yes, you can download this episode by clicking the download button on the episode player, or subscribe to the podcast in your preferred podcast app for automatic downloads.
URL copied to clipboard!