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Unchained

How to Trade on Crypto Exchanges Without Fear of Hacks - Ep.120

Unchained

Laura Shin

Tech News, Business News, News

4.61.3K Ratings

🗓️ 21 May 2019

⏱️ 71 minutes

🧾️ Download transcript

Summary

Sharon Goldberg, CEO of Arwen and Boston University computer science professor, describes how the protocol enables people to trade on crypto exchanges without making their coins vulnerable to exchange hacks, how this differs from trading on a decentralized exchange, and how Arwen would function if the exchange you were using on was hacked during a trade. She also discusses how Arwen works with any custody solution, how they choose which coins to support and what other features they are considering adding in the future. Read the full show notes on Forbes: http://www.forbes.com/sites/laurashin/2019/05/21/how-to-trade-on-crypto-exchanges-without-your-coins-getting-hacked/ On May 27th I will be hosting a conversation about the future of finance and human rights at the Oslo Freedom Forum in Norway. As the world continues to move toward a cashless society, paper currency is disappearing. Companies like Facebook, Apple, and TenCent are becoming increasingly influential in the digital payment space. We'll discuss how individuals and companies can preserve and protect financial freedoms in the digital age. I'll be joined by Bitcoin author and educator Jimmy Song; Casa chief technology officer Alena Vranova; and CoinCenter founder Jerry Brito. To register to attend, you can visit oslofreedomforum.com today -- use discount code "unchained25" to get 25% off your ticket price! Thank you to our sponsor: CipherTrace: http://ciphertrace.com/unchained Episode links: Arwen: https://www.arwen.io Sharon Goldberg: https://twitter.com/goldbe How Arwen prevents exit scams: https://medium.com/arwensecure/how-arwen-prevents-exit-scams-55d1a9de32b How Arwen protects traders from a hacked exchange: https://medium.com/arwensecure/unleashing-mt-fox-4e8b20a11dea Forbes article on Arwen: https://www.forbes.com/sites/ktorpey/2019/01/28/this-startup-is-fixing-the-biggest-security-hole-in-bitcoin-exchanges/#5f68d5905812 The Block on Arwen: https://www.theblockcrypto.com/2019/02/05/a-startup-is-launching-a-solution-that-protects-users-from-exchange-hacks/ https://www.coindesk.com/crypto-startup-wants-you-to-trade-on-exchanges-without-trusting-them Kucoin launching Arwen: https://www.coindesk.com/kucoin-exchange-traders-can-now-self-custody-their-crypto-assets Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

This episode is brought to you by Krakin.

0:03.0

Krypto is like the financial system, but different.

0:06.0

He doesn't care where you come from,

0:08.0

what you look like, your credit score,

0:10.0

or your outrageous food delivery habits.

0:13.0

crypto is financed for everyone, everywhere, all the time.

0:17.0

Visit Krakon.com slash see what crypto can be to learn more.

0:22.0

Don't invest in as you're prepared to lose all the money

0:24.8

you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.

0:30.9

Are you ready for a Monzo Business Bank Account?

0:33.4

Heather from the Accounter's Growth Club was,

0:35.4

Knowing what cash I have is really important

0:38.0

and Monzo Business makes it easy.

0:39.9

It automatically puts 20% of my income into a tax pot.

0:44.2

When it's time to pay your VAT, I always know the money's there.

0:46.9

If you're ready for a Monzo business account, apply today.

0:50.0

Just search Monzo business.

0:51.6

Only sole traders or limited company directors in the UK can apply.

0:55.0

Get tax pots with Monzo Business Pro for £5 a month. T's and C's apply.

0:59.0

At your work Christmas do, not feeling the canopays.

1:04.4

Why not get a pick-me-up with McDonald's limited edition chicken Big Mac

1:08.3

with two deliciously crispy chicken patties,

...

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