Ripple's Fortress Acquisition Shows the Brittleness of Crypto Infrastructure

from The Breakdown · host Blockworks

On Friday Ripple announced that it was acquiring Fortress Trust. On Monday we learned that, counter to previous statements, a recent security incident at Fortress had caused the loss of customer funds. NLW explores wtf is going on and what it says about the state of the crypto industry. Enjoying this content? SUBSCRIBE to the Podcast: https://pod.link/1438693620 Watch on YouTube: https://www.youtube.com/nathanielwhittemorecrypto Subscribe to the newsletter: https://breakdown.beehiiv.com/ Join the discussion: https://discord.gg/VrKRrfKCz8 Follow on Twitter: NLW: https://twitter.com/nlw Breakdown: https://twitter.com/BreakdownNLW

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This episode was published on September 12, 2023.

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