Welcome back to The Breakdown with me, NLW.

It's a daily podcast on macro, Bitcoin, and the big picture power shifts remaking our world.

What's going on, guys? It is Tuesday, September 22nd, and today we are talking hacks, hacks, hacks.

Before we get into that, however, if you are enjoying the breakdown, please go subscribe to it,

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Well, friends, today we start this show talking about Ben Armstrong, better known as BitBoy,

who was arrested last night after he won, posted to his YouTube that he was going to confront a former business partner about the Lamborghini that he said was his. Two, went to said person's

door and rang the doorbell. Three, did this with a gun and

illegal narcotics in the back of his car, along with another business and affair partner to boot,

and then four livestreamed himself getting arrested. Just kidding, I'm not going to talk about that,

ever at all. In fact, I will only say this. The crypto space gets exactly the level of influencers it deserves.

So perhaps as we think about where we want to be heading into the next bull market, we might

want to choose who we listen to with just a hint more discernment.

Now, what we're actually going to be talking about today is the plague of this bear market,

well, outside of Gensler, of course, and that is hacks.

A wave of hacks impacted crypto firms starting over the weekend. On Friday, Nansen disclosed a

security breach at a third-party software vendor. The attacker was able to gain access to

admin rights of a Nansen account in charge of facilitating client access to the platform.

Nansen claims it, quote, managed to stop the

unauthorized access shortly after learning about it and launched an immediate investigation.

...