Episode description

What do Cryptocurrency and the 90's have in common? Easily exploitable bugs and also Paris Hilton, apparently.

We cover the state of regulation and cybersecurity within the blockchain and cryptocurrency space - covering environmental, democratization, and equity concerns, as well as user vs. system security, code audits and minimum standards. Corinna Fehst (MPP'18 and crypto strategy expert) makes a surprise guest appearance. Bethan talks about whether you should post your laptop screen on BeReal [spoiler alert, please don't]. 

Show Notes:

• Corinna Fehst: https://www.belfercenter.org/person/corinna-fehst
• Security:
  • Scams:
    • Reports show scammers cashing in on crypto craze | Federal Trade Commission
    • Embattled crypto lender Celsius is a 'fraud' and 'Ponzi scheme,' lawsuit alleges
  • Exploiting vulnerabilities in smart contracts/wallets/code:
    • Nomad crypto bridge loses $200 million in ‘chaotic’ hack - The Verge
    • Solana Wallet Hack: Here’s What We Know So Far - Decrypt
    • Number of Blockchain Hacks on the Rise
  • Money laundering / enabler of illegal activity:
    • U.S. seizes $2.3 mln in bitcoin paid to Colonial Pipeline hackers | Reuters
    • FBI Seizes $500,000 Ransomware Payments and Crypto from North Korean Hackers
  • DeFi Is the Wild West of Banking and Investing. Here's What Crypto Investors Should Know
  • Crypto Crime Trends for 2022: Illicit Transaction Activity Reaches All-Time High in Value, All-Time Low in Share of All Cryptocurrency Activity - Chainalysis
  • Mid-year Crypto Crime Update: Illicit Activity Falls With Rest of Market, With Some Notable Exceptions - Chainalysis
  • https://www.cnbc.com/2022/05/18/china-is-second-biggest-bitcoin-mining-hub-as-miners-go-underground.html