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Unchained

The Chopping Block: Top White Hat Hacker Samczsun Discusses the State of Crypto Security - Ep. 579

Unchained

Laura Shin

Business News, News, Tech News

4.61.3K Ratings

🗓️ 7 December 2023

⏱️ 59 minutes

🧾️ Download transcript

Summary

Welcome to The Chopping Block – where crypto insiders Haseeb Qureshi, Tom Schmidt, Tarun Chitra, and Robert Leshner chop it up about the latest news. This week, they are joined by Samczsun, an anonymous security researcher at Paradigm, who delves into the intricacies of crypto security, ethical hacking and the shifting landscape of smart contract vulnerabilities. He also discusses his strong feelings about the “Code Is Law” philosophy and gives tips on how people in crypto can best protect their online security.  Listen to the episode on Apple Podcasts, Spotify, Overcast, Podcast Addict, Pocket Casts, Pandora, Castbox, Google Podcasts, TuneIn, Amazon Music, or on your favorite podcast platform. Show highlights:  what led Sam to a career in crypto security and his current role at Paradigm how Sam uncovered one of crypto's most legendary vulnerabilities why security experts like Sam choose the path of white hat hackers over black hats The craziness of the KyberSwap hacker's proposal parallels that Robert draws between this case and Avi Eisenberg's Mango Markets exploit what advice Sam has for the KyberSwap hacker  whether Sam, as a security expert, trusts storing his money on-chain how the Platypus hack ruling by a French judge challenges the 'Code Is Law' philosophy what the Security Alliance aims to achieve and its impact on the industry how Sam suggests individuals should practice personal crypto security, including the importance of using password managers and hardware wallets, and avoiding SMS two-factor authentication Hosts Haseeb Qureshi, managing partner at Dragonfly  Robert Leshner, founder of Compound and Superstate Tom Schmidt, general partner at Dragonfly  Disclosures Guest:  Samczsun, security researcher at Paradigm Links Hacks Episode with Ogle: The Chopping Block: How This DeFi Hack Negotiator Gets Hackers to Return Stolen Money Unchained: $48 Million Drained from KyberSwap in Hack  Kyberswap hacker's latest message Cointelegraph:  KyberSwap hacker offers $4.6M bounty for return of $46M loot Platypus exploiters walk free after claiming to be ‘ethical hackers’ Code is law: The Chopping Block: ‘Code Is Law’ Is ‘Obviously Not How Anything Works Ever’ Unchained: The Mango Markets Attacker on Whether His 'Trade' Was Ethical or Not Thread by Gabriel Shapiro on the topic and Vy Le’s response Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

I think Kodas Law is bullshit.

0:02.1

Anyone that in 2023, almost 2024,

0:05.8

is still going around either A, claiming it's not

0:09.2

and it's legitimate or B, claiming that the Corruptcy of theory embraces Kodas Law, I think they're being disingenuous or just stupid.

0:17.0

Adding Kodas Law, most reasonable people in the space have moved on from, you know, two or three years ago.

0:24.0

Not a dividend.

0:25.0

It's a tale of two quand.

0:26.0

Now, your losses are on someone else's balance.

0:29.0

Generally speaking, air drops are kind of pointless anyways.

0:32.0

I made the trading firms who are very involved.

0:34.6

I like that eat is the ultimate.

0:36.8

D5 protocols are the antidote to this problem.

0:39.7

Hello everybody, welcome to the shopping block. Every couple weeks the four of us get together and give the industry insider perspective on the crypto topics of the day.

0:47.0

So quick intro first we've got Tom the Defy Maven and Master of Memes.

0:50.0

Hello everyone.

0:52.0

So you've got Robert, the crypto connoisseur and ZAR of superstate.

0:55.0

GM everybody.

0:57.0

And today we've got a special guest, Samsung, the White Hat Wizard at Paradise.

1:01.0

Hey.

1:02.0

Is where you say something.

1:03.0

Okay.

1:04.0

And I receive the head hype man at Dragonfly.

...

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