Trump’s Crypto Project May Attract Hackers. That's Why This Security Expert Joined - Ep. 705

Unchained

Laura Shin

Tech News, Business News, News

4.6 • 1.3K Ratings

🗓️ 17 September 2024

⏱️ 79 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

World Liberty Financial (WLF), the Trump-backed DeFi project, launched this Monday. In this episode, crypto security expert Ogle discusses his role as an advisor to WLF. He dives into why he joined the project, what makes it unique, and how Trump’s involvement could bridge the gap for many who are new to the space. Plus, Ogle shares his thoughts on the security challenges WLF might face and the project's potential to rival major players in the market. He also touches on his new L1 blockchain Glue, and why he thinks it will provide a better user experience than what is out in crypto today. Show highlights: 2:05 Ogle’s background and how he came up with a standard for dealing with crypto hacks 10:28 Where crypto hackers are usually from 13:21 Why he does security work for free 16:57 Why Ogle is advising the Trump family’s DeFi project, World Liberty Financial 22:30 Why some in the crypto community are skeptical of WLF 26:39 His thoughts on how to prevent a crypto hack of a high-profile project 32:52 Why Ogle is not worried about WLF having been forked from the hacked app Dough Finance 33:54 How the Trump family is involved in WLF 41:00 How Donald Trump is excited about the project and actually gets it, according to Ogle 43:49 Why Ogle believes WLF will attract as much traction as the entire market cap of Shiba Inu 47:04 How Ogle's new layer 1 blockchain, Glue, aims to be crypto’s AOL 56:33 Why Glue’s L2s will be specific to certain areas of the industry 1:02:41 When Ogle expects Glue to launch and whether it’ll have a token 1:04:19 How North Korean hackers are now “just so clever, socially” 1:13:56 Ogle’s tips for crypto users Visit our website for breaking news, analysis, op-eds, articles to learn about crypto, and much more: unchainedcrypto.com Thank you to our sponsors! Polkadot Mantle Stellar Gemini Guest: Ogle, crypto security expert, founder of Glue, and advisor to World Liberty Financial. Previous appearance on The Chopping Block: How This DeFi Hack Negotiator Gets Hackers to Return Stolen Money Links World Liberty Financial (WLFI) Unchained: Trump’s New DeFi Project Could Be a Magnet for Hackers CoinDesk: In Trump-Backed Crypto Project World Liberty Financial (WLFI), Insiders Are Poised for Unusually Big Token Payouts IBTimes: Donald Trump Announces DeFi Project's Launch Date – What To Know About World Liberty Financial Latin Times: Who Is Ogle? The Crypto Sleuth Recruited As An Advisor For Trump's DeFi Project Glue: Glue, The Web3 Network Built for Regular Users How Glue Will Keep User Assets Safe Scams and North Korea: FBI Fraud report North Kora Aggressively Targeting Crypto Industry with Well-Disguised Social Engineering Attacks Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	I think if this thing goes well it's going to negatively impact my reputation because it's with someone who's divisive and so there's going to be a lot of people who dislike me just because of that reason.
0:10.0	If it goes poorly, it's going to negatively impact my reputation because it goes poorly.
0:14.0	Like there's just, there's no way out of this.
0:15.8	And so me just choosing to do it one way or the other is gonna hurt me in some ways,
0:21.2	but I think it will help the likelihood of this not hurting a lot of people.
0:30.0	Hi everyone, welcome to Unchained, your're no hype resource for all things crypto.
0:33.8	I'm your host Laura Shin, author of the Cryptopians.
0:37.3	I started covering crypto nine years ago and as a senior editor of Forbes was the first
0:41.3	maintrain meter to cover cryptocurrency full-time.
0:44.4	This is the September 17th, 2024 episode of Unchained.
0:48.6	Today's episode is brought to you by Gemini, a U.S. base crypto exchange built for new and advanced traders.
0:54.4	Gemini is offering new customers $15 in BTC when they trade.
0:58.1	Sign up today to earn your Bitcoin.
1:01.1	If you're envisioning ways to make an impact on transforming global systems through
1:04.9	blockchain, the Stellar Meridian 2024 conference is for you.
1:09.2	Get $50 off your ticket now at Meridian. stellar
1:13.0	by using the code Unchained Pod.
1:16.9	Mantles Ameth is now the fourth largest
1:18.9	LST with $1.3 billion in TVL.
1:21.8	Ameth offers holders cumulative incentives and air drops in addition to native Eeth, P.O.S. yields.
1:27.4	This includes exclusive rewards like Eigen and Cook.
1:30.4	Check it out at meth.meth. mantle xy z slash campaigns.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Laura Shin, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Laura Shin and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.