The crypto ecosystem may experience fewer hacks and incidents of suspected fraudbut they still happen as bad actors take hundreds of millions of dollars from space users.
According to Immunefi Q3 2022 crypto losses reportCrypto losses have declined for the past three consecutive quarters, but it is unclear if this trend will continue for the rest of the year.
And as more people become crypto-curious or continue to build in this space, they may be vulnerable to fraud or hacking. So how can people protect themselves? And how can startups, projects and protocols protect their users?
The answers to these questions and many more will be discussed during a panel with guests Pascal Gauthier, CEO of Ledger; Kathleen Breitman, CEO and co-founder of Tezos; and Pratima Arora, Product Manager at Chainalysis at TC Sessions: Crypto November 17 in Miami.
During the conversation titled “Securing Web3”, we’ll dive into how these executives navigate security in the Wild, Wild West – aka crypto. From holding your own crypto wallet keys to making codes open source, we’ll find out what panelists think are the best ways to keep users safe.
Too often, security is not at the forefront of crypto startup founders’ minds and can only be addressed in difficult times (like when they are hacked for millions of dollars). So how can the industry encourage founders and developers to prioritize security from the start?
We’re curious to learn more about how the current crypto market is affecting Web3 security and which areas need more work in user protection. We’re also interested in hearing their thoughts on blockchains, decentralized apps, and projects that are models of security — and which ones they think need improvement.
Ledger has over 4 million customers and is best known for its hardware wallets which allow people to secure, exchange and keep their digital assets (including NFTs) on an external physical ledger. In June, Ledger partnered with venture capital firm Cathay Innovation to launch a $110 million fund dedicated to a wide range of segments in the crypto landscape, including DeFi, security and infrastructure.
Gauthier joined Ledger nearly eight years ago and became chairman in 2019. Previously, Gauthier was a venture partner at Mosaic Ventures and focused on Series A companies. He also founded and serves as non-executive chairman from Kaiko, a bitcoin-focused data provider.
Tezos, a proof-of-stake blockchain, focuses on smart contracts and is seen as a potential competitor to the Ethereum blockchain. He had the largest initial coin offering ever after raising $232 million in 2017. Husband and wife team Arthur and Kathleen Breitman created the blockchain, which originally launched under the pseudonym “LM Goodman”, in 2014.
Finally, Chainalysis is a blockchain data platform that provides data, software, services, and research to any entity, ranging from government agencies to financial institutions. Its investors include Accel, Addition, Benchmark, Coatue, GIC, Paradigm and Ribbit.
Arora joined the Chainalysis team in June 2021 to lead its research and development. Previously, she was General Manager and Vice President of Confluence – a revenue-generating product for Atlassian – and she also spent over nine years at Salesforce in various roles.
TC Sessions: Crypto takes place on November 17 in Miami. Buy an early bird pass today, save $150, then join the web3, DeFi, and NFT communities to keep up with the ever-changing and always exciting world of crypto.