Oren from SphereX - AI supported, decentralized and proactive protection as the next crypto security frontier episode artwork

EPISODE · Apr 3, 2024 · 38 MIN

Oren from SphereX - AI supported, decentralized and proactive protection as the next crypto security frontier

from BuildBetter - interviews with tech founders

SummaryIn this episode, we discuss with Oren Fine, co-founder of SphereX, the importance of security in the crypto space and how SphereX is on a mission to bring proactive protection to protocols and smart contracts. Oren shares his background in cybersecurity and how he became interested in Web3 and also explains how Spheerex protects protocols by blocking malicious transactions in real-time before they're executed. This is big difference from ex-post reporting of hacks and lost funds. We talk about the challenges of the market education. Most projects these days equate security with security audit or transaction monitoring.  We touch on the future of SphereX in 2024, what dream clients would Oren love to get for SphereX and Oren also provides guidance for users on choosing trustworthy protocols.I really enjoyed this chat, and I believe what the SphereX team is trying to do is a very much-needed step up for the security in our Web3 space.TakeawaysSecurity is a crucial aspect of the crypto space, and SphereX aims to provide real-time protection for protocols and applications.SphereX blocks malicious transactions before they are finalized, ensuring security of funds in decentralized ecosystems.The main challenges for SphereX are market education and onboarding more customers, including DeFi protocols and layer one and layer two chains.Users should look for reputable teams behind projects and ensure they see decentralization and continuity plans in the protocols they interact with.Oren's dream clients for SphereX include major DeFi protocols like Uniswap and Aave. I keep my fingers crossed for the team to get these clients onboard in 2024!Links To My GuestSphereX website: https://www.spherex.xyz/SphereX's Twitter (X): https://twitter.com/SpherexTechOren's Twitter (X): https://twitter.com/fineorenSphereX's LinkedIn profile - https://www.linkedin.com/company/spherex-technologies/Go check them out! Support the showI hope you liked today's episode. If you have any comments please reach out on socials, and let's chat. And as always, don't forget to sign up for Web3Magic and follow me across social media to enjoy the colorful ride!COLLECT THIS EPISODEOn Pods.Media: https://pods.media/web3-magic Listen in your favorite app:Watch & Subscribe on YouTube - http://tinyurl.com/w3m-youtubeListen & Subscribe on Apple - http://tinyurl.com/w3m-appleListen & Subscribe on Spotify - http://tinyurl.com/w3m-spotify FOLLOW US: Subscribe and see all episodes - https://web3magic.xyz Follow Web3Magic (X) - https://twitter.com/Web3MagicHQ Follow BFG (X) - https://twitter.com/aka_BFG Follow BFG (Farcaster) - https://warpcast.com/bfg Follow Web3Magic channel (Farcaster) - https://warpcast.com/~/channel/web3magic

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Oren from SphereX - AI supported, decentralized and proactive protection as the next crypto security frontier

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