116 - Solving Crypto Hacks with Taylor Monahan

GreenPill

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----- Did you know that there was $3.2b lost to crypto hacks in 2022?

Today we are joined by Taylor Monahan, founder of MyEtherWallet and MyCrypto as well as building MetaMask at Consensys. Taylor spends a significant portion of her days investigating hacks, rug pulls, and determining attack vectors.

Given her considerable background in the space, Kevin dives deep into the nuances and motivations behind why hacks occur and if there's a way to improve the landscape—ultimately helping people save their lost funds.

Take the green pill anon.

------ SPONSOR PILLS:

👩 ATHENA DAO | ADVANCING WOMEN'S HEALTH https://bankless.cc/AthenaDAO

------ Topics Covered:

0:00 Intro 3:35 Background and Motivations 9:19 Hackers in Web3 14:56 Root Causes 21:45 White Hat Ossification 29:07 Beating the Clock 37:42 Scam Prevention 45:44 Real-World Solutions 51:45 Final Thoughts

------ Resources:

Taylor Monahan https://twitter.com/tayvano_

MyEtherWallet https://www.myetherwallet.com/

MyCrypto https://mycrypto.com/

----- Music by WABI SABI - snowflake - https://thmatc.co/?l=7786B012

----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: https://www.bankless.com/disclosures