Blockchain Insider Podcast by 11:FS cover image

168. News: Solana and Nomad are hacked, while US senators push for tax-free crypto transactions

Blockchain Insider Podcast by 11:FS

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The Nomad Hack

Nomad hack was one of the first wide scale attacks that i've seen where it was a fundamental problem with the wallet, and how they were generating and managing private keys. This is where this concept of private key management is just absolutely critical. And there's such a high bar and such a high risk if it's not done perfectly. An i think we're just, we're learning week and week after week how far the space has to go to really be able to maintain security and prevent against attacks like these.

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