Navigating Risk within the Crypto Wormhole

The recent $250M Wormhole exploit is just one of several high profile hacks to hit the cryptosphere of late. It did, however, have a positive resolution after the protocol's backers jumped in to make consumers whole. In this conversation, we offer you some common sense advice for navigating both the risks you can control, and those you cannot. We touch on what to look for in the protocols and platforms you interact with, and how we expect the industry to evolve to become more secure over time. Today's conversation is for informational purposes only and does not constitute legal or investment advice. Actual results may vary materially from any forward-looking statements made and are subject to risks and uncertainties. Check our homepage for more episodes and exclusive content from Around the Block: https://coinbase.com/aroundtheblock

Episode 16 of the Coinbase: Around The Block podcast, hosted by Katherine Wu, Justin Mart, titled "Navigating Risk within the Crypto Wormhole" was published on February 23, 2022 and runs 29 minutes.

February 23, 2022 ·29m · Coinbase: Around The Block

Summary

The recent $250M Wormhole exploit is just one of several high profile hacks to hit the cryptosphere of late. It did, however, have a positive resolution after the protocol's backers jumped in to make consumers whole. In this conversation, we offer you some common sense advice for navigating both the risks you can control, and those you cannot. We touch on what to look for in the protocols and platforms you interact with, and how we expect the industry to evolve to become more secure over time. Today's conversation is for informational purposes only and does not constitute legal or investment advice. Actual results may vary materially from any forward-looking statements made and are subject to risks and uncertainties. Check our homepage for more episodes and exclusive content from Around the Block: https://coinbase.com/aroundtheblock

Episode Description