Unconfirmed: $12 Billion Has Been Lost in DeFi Value to Crime. Heres How - Ep.299
b'Jess Symington, research lead at Elliptic, a blockchain forensics company, discusses the massive upswing in DeFi hacks during 2021, resulting in over $10 billion of DeFi value lost. Show topics:\\n the state of crime in DeFi\\n how much value has been lost to exploits\\n whether the majority of hacks are the result of user or developer error\\n the various types of exploits\\n how to confirm when a project did, in fact, rug pull\\n which blockchains are most susceptible to having exploits\\n what has been happening recently in ransomware\\n how DeFi hackers cash out\\n why ransomware attackers, who usually request payment in Bitcoin, have a tougher time cashing out than DeFi hackers\\xa0\\n whether hackers trend towards a specific profile/demographics\\xa0\\n how easy it is for law enforcement to find hackers\\xa0\\n whether blockchain\\u2019s transparency is proving to be a helpful tool for regulators\\n Jess\\u2019s advice on how to prevent hacks for both protocols and users\\n \\xa0\\n Thank you to our sponsors!\\n Avado: ava.do\\n Crypto.com: https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021\\xa0\\xa0\\xa0\\n Nodle: https://bit.ly/3AXGydJ\\xa0\\xa0\\xa0\\n \\xa0\\n Episode Links\\n \\xa0\\n Elliptic\\n Website: https://www.elliptic.co/\\xa0\\n Blog: https://www.elliptic.co/blog\\xa0\\n \\xa0\\n Hack Coverage\\n Elliptic Research\\n DeFi: Risk, Regulation and the Rise of DeCrime: https://www.elliptic.co/resources/defi-risk-regulation-and-the-rise-of-decrime\\n\\n \\n https://www.cnbc.com/2021/12/14/common-defi-crypto-related-scams-and-how-to-protect-your-wallet.html\\xa0\\n \\n https://cryptobriefing.com/elliptic-estimates-12b-lost-to-defi-exploits/\\xa0\\n \\n Rekt Leaderboard (giving a dollar figure for recent hacks along with a summary of what happened)\\n \\nhttps://rekt.news/leaderboard/\\xa0\\n \\n \\xa0\\n Unchained Podcast on Ransomware\\n \\n https://unchainedpodcast.com/how-ransomware-evolved-into-a-big-business/\\xa0\\n \\xa0\\nLearn more about your ad choices. Visit megaphone.fm/adchoices'