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Friday, May 23, 2025

There’s always another nightmarish crypto hack around the corner - TechCrunch

Welcome back to Chain Reaction.
Last week, we looked at the near-term future for crypto gaming as VCs zero in on where to place consumer bets. This week, we’re looking at hardware wallets and the endless journey towards feeling safe in the crypto world.
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A weekly dispatch from the desk of TechCrunch crypto editor Lucas Matney:
The world of crypto can be a cruel and unforgiving place, and while VCs and crypto hedge funds have been happy to bail out institutions, sometimes consumers dabbling in the space find themselves left out in the cold. This week, a couple of pretty high profile hacks cost crypto investors millions, but it was the smaller, more mysterious one that likely left newbie buyers clutching their private keys and praying for the best.
Putting money anywhere is an exercise of trust, which sometimes makes it funny that the the word “trustless” has been a leading...



Read Full Story: https://techcrunch.com/2022/08/07/theres-always-another-nightmarish-crypto-ha...

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