Ep. 60: Crypto Kidnappings, Lost Keys, and Million-Dollar Bug Bounties cover art

Ep. 60: Crypto Kidnappings, Lost Keys, and Million-Dollar Bug Bounties

Ep. 60: Crypto Kidnappings, Lost Keys, and Million-Dollar Bug Bounties

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Forbes 30 Under 30 cybersecurity expert Yevheniia Broshevan discusses crypto security challenges, bug bounty programs, and the reality that 95% of Bitcoin has been mined while 11-18% is lost forever.


🔥 What You'll Learn:

  • The concerning trend in crypto losses hitting $3 billion this year alone
  • How bug bounties in Web3 can reach up to $10 million for critical vulnerabilities
  • How operational security failures cause more crypto thefts than code vulnerabilities
  • Why diversification is critical when storing digital assets
  • The reality behind crypto kidnappings
  • Real-world asset tokenization and the future of digital assetsKey management best practices


🎯 Guest Spotlight:


Yevheniia Broshevan – Co-Founder and CEO of Hacken, Forbes 30 Under 30 honoree, and Web3 security pioneer who has been active in crypto since 2014. Hacken, an end-to-end security and compliance partner for digital assets, has conducted security assessments for over 2,000 clients and operates a community of 50,000+ ethical hackers who have identified vulnerabilities worth millions.


💡 Key Takeaways:

  • Access control issues and private key leakage cause majority of crypto hacks
  • Bug bounties in crypto can reach 5-10% of potential losses (millions in payouts)
  • Hardware wallets, diversification, and proper key management are essential
  • The industry lost $2.5 billion last year, $3 billion this year - trend is accelerating
  • Phishing and social engineering remain the weakest links in crypto security


🚨 Critical Security Insights:


From penetration testing blockchain protocols to smart contract audits, Yev reveals the hidden vulnerabilities that put billions at risk. Whether you're a crypto investor, security professional, or curious about Web3 technology, this conversation delivers actionable intelligence you can't afford to miss.


💬 Comment: What's your biggest crypto security concern?


Follow the Security Cocktail Hour podcast:

  • Website: https://securitycocktailhour.com
  • LinkedIn: https://www.linkedin.com/company/security-cocktail-hour/
  • Twitter/X: @SecCocktailHour
  • Instagram: https://www.instagram.com/seccocktailhour/


Guest Links:

  • Yevheniia Broshevan LinkedIn: https://www.linkedin.com/in/broshevan/
  • Hacken: https://hacken.io


#CryptoSecurity #Web3Security #Blockchain #Cybersecurity #DigitalAssets #SmartContracts #CryptoHacking #BugBounty #Web3 #SecurityPodcast #Forbes30Under30 #EthicalHacking #PenetrationTesting #CryptoWallet #KeyManagement #SecurityAudit #DeFi #Cryptocurrency

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