It’s the biggest theft in human history. Shadowy North Korean hackers drained $6.3bn in digital assets from the world’s biggest crypto exchange, Binance, and it took only 20 minutes. How did they get in so easily? If crypto exchanges are so porous, why do Trump and Farage want to turn the US and UK into havens for digital money? And if crypto is the international currency of terror, porn and crime, why should we care if its owners get ripped off? Crypto sceptic, journalist and podcaster Molly White tells Andrew Harrison what the Binance Hack reveals about our modern cryptocracy.
• Read Molly’s essential newsletter Web3 Is Going Just Great
• Don’t risk your money on crypto! Back The Bunker on Patreon to help keep us in rude health – and get early, ad-free episodes, merch and more.
Written and presented by Group Editor Andrew Harrison. Produced by James Liddell. Audio production by Robin Leeburn. Music by Kenny Dickinson. Artwork by James Parrett. Managing Editor: Jacob Jarvis. THE BUNKER is a Podmasters Production.
Hosted on Acast. See acast.com/privacy for more information.